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Businesses that use gas as their main source of product production or services in the UK are feeling the increase in price.
Utility companies have been looking for ways to help businesses with their rates and have tried to do so by offering lower-cost deals to those who may be struggling to keep up with inflation.
Businesses can find an affordable business gas provider by using comparison websites to help sift through the many options that are available to find the one that is the cheapest without having to compromise their products or services.
Read on to learn how you can find the best deal for your company if you are looking to find the ideal gas provider.
How to Compare Gas Prices
Gas is measured in kilowatt hours also known as kWh. The price of gas is all dependent on factors such as the location of your business, the tariff that you are on, and how much gas you use.
When using comparison websites to find cheaper gas providers, you can use the following tips to help you find a good deal:
Get an annual statement of your usage from your current gas supplier.
Try to run these comparison checks at least once a year to make sure that the current utility company you are using is the best option available.
When trying to find a better gas provider on the comparison websites, enter your gas usage amount in kWh if you know exactly how much you have been using; if not, you can still use the amount that you are paying as an estimate for a cheaper deal.
The average price of gas in the UK is 3.74 pence per kWh. Aside from that, the rates are dependent on how much the supplier is charging at the time.
How to Switch to a Cheaper Gas Supplier
After deciding on the new utility company that you would like to switch to, some comparison websites take care of all the paperwork and important necessities that you need for the change.
It is important to note that your current gas supply won’t be affected at all. The new gas company will use the same equipment, such as the gas metre, the supply lines, and the wires that are already in place.
The old gas company will be informed by the new company or comparison website that you will be switching to a different company.
You will have to submit a metre reading to both your old and your new gas provider to ensure that your gas bills on both ends balance and are accurate and up-to-date.
Although switching is quick, it can take up to three weeks for your information to be transferred to the new gas provider.This three-week period also includes a two-week cooling period, which allows the client to cancel the new gas company if they choose to do so.
Usually, in five days, the new company will reach out to you to get your metre reading, and everything is set in motion from then on.
Extra Ways to Save Money on Gas
Besides making the big switch for cheaper gas rates, you can also help reduce the price of the bill by making small changes within the business as well. This will help curb the expense of gas.
Businesses can try to turn down the thermostat and only use it when necessary. In most cases, blankets and jackets can be used to combat the cold in lodging establishments.
Invest in modern appliances that use less gas and have features that help reduce the amount of gas needed for them to work.
Owners can also consider installing a smart meter, which will help control the usage of gas by providing an accurate reading that can help owners monitor and adjust their usage to fit the desired bill.
Conclusion
Changing to a new business gas provider can be just what your business needs to save on the amount of money that it pays for gas.
Ensure that you make wise decisions by first comparing gas prices to avoid making a switch unnecessarily or changing to a supplier that might cost more in the long run. You can also check your current tariff to make sure that you are not being charged a default business tariff, which is usually more expensive than other options.
Remember to check gas prices at least once a year to make sure that you are not overpaying for the amount of gas that your business consumes.
