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Business Energy Contracts | Why use troocost ?

29/05/2020

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Business Energy Contracts | Right now, there are three ways to renew your business energy  :

 

1. The easy way: renew with your supplier

Renewing your business energy contracts with your current supplier is definitely the easiest thing to do… but it isn’t necessarily the best option, especially if you’re looking to save money. Research from Ofgem in its Micro and Small Business Engagement Survey 2018 indicated that only around half of micro and small businesses had switched their energy supplier and made savings. In fact, inertia and failure to engage with the market is costing small businesses millions every year.

2. The hard way: find a price yourself

When switching your supplier, finding the cheapest price yourself might seem like the best option. After all, you’re shopping around – you’re bound to find a saving, right?

Not necessarily. Lots of things determine what kind of energy prices a supplier will offer you. Everything from your location, meter type, prior energy consumption, credit score, and type of industry you’re working in can all have a major impact on the prices you’re given. Then you’re faced with calculating the actual cost so you can make effective comparisons and choose wisely. Standing charges, day rates, weekend rates, feed-in tariffs and more can make things very confusing.

On top of all that, you’re doing all of this on the clock when you should be running your business. Or, even worse, you’re doing this in your spare time when you should be spending time with your family and friends (especially in these days of Covid-19). How much is your time really worth?

3. The risky way: use a business energy broker

Why is this the risky way and not the best way? After all, a business energy broker is an expert in the energy market. They review different suppliers every day, they put prices in front of you so you can easily compare them, and they do the hard work so you can focus on your business.

Here’s the problem: business energy brokers aren’t regulated. They don’t need to go through any kind of training before they set up their businesses. They have preferred energy suppliers, so their recommendations are not objective. Finally, most energy brokers give you tariffs that secretly include it’s fees in the unit rate.  The broker gets paid it’s fees every time you turn on a light or use your PC, and you’re stuck paying it until the contract comes to an end. 

Worst of all, they don’t even tell you how much their fee is – so you have no idea what your energy actually costs. If they’re a sub-broker for a larger brokerage, they’ll even add a second lot of sales commission to your rate – and they won’t tell you about that, either. 

There is a better way…

Business energy pricing with troo.

Using troocost.com is an easy solution to these problems and a much more effecient way to find a great deal with your business energy contracts.

We do all the hard work (like ringing up suppliers, collecting prices, and negotiating credit), so you can focus on running your business and spending time with the people most important to you. 

We always tell you exactly how much our service costs and what kind of impact it will have on your bills, so you know exactly what you’re in for financially.

And because we don’t have preferred energy suppliers, we always give you the most objective view of the market you’re ever going to get. So you can make a truly informed choice.

No hidden fees. No funny business.

Join the revolution today. Call us on free on 0808 164 2222 or email us at fairer@troocost.com and we’ll be in touch.

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