Contracts and renewals

Is it worth comparing business energy?

Written by Ben MetcalfeUpdated November 2026

Short answer

Usually, yes. Business energy has no price cap and is priced site by site, and doing nothing tends to leave you on out-of-contract or deemed rates, which are usually the most expensive way to buy. A proper review compares the total cost and the terms, not just the headline rate, and switching doesn’t interrupt your supply.

The benefits of a proper review

  • Stop overpaying. Business energy isn’t covered by the Ofgem price cap. If a contract ends and nothing new is agreed, you move on to out-of-contract rates, and if you move premises you start on deemed rates. Both are usually higher than agreed contract rates. See out-of-contract rates.
  • Expert help with the detail. An energy expert gets offers from the suppliers they work with, explains unit rates, standing charges, what’s fixed and what’s passed through, and handles the paperwork with the supplier if you go ahead.
  • No disruption. Your electricity and gas come through the same wires, pipes and meter whoever supplies you. Only the company that bills you changes. See will switching disrupt my supply?
  • Budget certainty. A fixed contract locks your rates for the term, so you know what energy will cost. Larger users can also ask about flexible buying.
  • Your time back. One short enquiry instead of calling suppliers one by one and trying to compare quotes in different formats.

Why your renewal letter isn’t the whole story

Your current supplier’s renewal offer is one price from one supplier. It may be fine, but you only know that by seeing it next to other offers on the same consumption, start date and contract length. See your renewal letter: what to check.

What a proper comparison looks at

  • Total estimated annual cost on your actual consumption, not just the unit rate
  • The same contract length and start date for every offer
  • What’s fixed and what can change (pass-through costs)
  • Broker commission, which must be shown in the principal terms
  • Notice, termination and what happens if your use changes

See how to compare business energy quotes for a worked example.

When it may not be worth it yet

If you’re part-way through a fixed contract with high exit fees, leaving early rarely makes sense. Note your end date and start the review three to six months before it, or earlier for larger sites. See renewals: a practical timeline.

Sources

  • Citizens Advice: Switching your small business to a new energy supplier (citizensadvice.org.uk)
  • Ofgem: Energy advice for businesses (ofgem.gov.uk)

Questions

How much could my business save?

It depends on your current rates, how much you use and when your contract ends. Every site is priced individually, so we don’t publish savings figures. The energy expert will show you the numbers for your supply.

Do I pay for the review?

You don’t pay us anything. Energy brokers are usually paid commission by the supplier, which can be included in your price and must be shown in the contract’s principal terms.

Does an enquiry commit me to switching?

No. You can look at the options and decide to stay where you are.

We introduce enquiries to an energy broker partner and may receive a fee. We're not a supplier and don't give whole-of-market advice. How we're paid

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