Finding The Best Business Gas Deal

Best Business Gas Deal

January 4th, 2022   |   Updated on June 25th, 2022

Some businesses may not need gas supplies to operate, but those that need them try to make sure that they get the best commercial gas tariffs to lower the energy costs. However, it can be challenging to find the cheapest gas supplier on the market.

The best way to find the right gas deal is to use an energy broker like the business gas to help you find a deal that meets the needs of your business.

Even better, energy brokers can compare energy suppliers, so you can save both effort and time. This post explains how you can find the best business gas deal.

Business Gas Tariffs

Switching business gas suppliers can be more complicated than getting new household energy tariffs. For example, you can’t select one from a wide range of predefined gas tariffs as you may when switching your home energy.

Instead, you need to approach each gas supplier and find out the business gas rates that they provide.

Each gas supplier can then assess your business. They usually look at things, such as your current consumption habits and location.

They can sometimes check your credit history before they give you a gas quote depending on the information you provide.

And, this customized service means that you can find great business gas deals that meet the needs of your business.

However, because there are various types of businesses out there, the business gas contracts can be different. As a result, this can make it hard to find exactly the tariff that suits the needs of your business.

Types Of Gas Tariffs

As explained earlier, it’s a good idea to identify the best gas tariff for your business. To help you to understand how your tariff compares to other tariffs, here are some types of tariffs you can find on the market:

Fixed-Rate Tariff

There is a fixed rate gas tariff that allows you to agree with your gas supplier on the unit rates. This means you need to pay these gas rates during the duration of your contract.

The good thing is that these rates are usually competitive, though it still makes sense to do a business gas comparison.

It’s important to do this before you agree on any deal to ensure that there are no other better gas rates on the market.

Deemed Rate Tariff

Another tariff is called a deemed rate tariff that works on 28-day rolling terms. This can come into effect when you don’t agree on a new gas contract with your gas supplier before the current deal expires.

Remember that a deemed rate contract can charge high rates, so you can decide to switch to another less expensive contract by offering a notice of 28 days.

Rolling Contracts

Rolling contracts tend to tie you into new gas contracts at high rates. But you can negotiate a new gas contract on extending and blend terms so that you can get lower rates.

However, the rates are sometimes not competitive compared to others on the market. Rolling contracts are also no longer common because many gas suppliers are now preferring deemed rates.