Frequently Asked Questions

A:

Comparing energy prices for your business could bring substantial cost savings compared to staying on the same tariff with the same supplier, year in, year out.  Many SME (Small and medium sized enterprises) usually stick with the same supplier for ease, but don’t always think about the potential savings found by switching supplier. SMEs have lower energy demands than larger counterparts, so they don’t always have the bulk purchasing power that their larger counterparts have, but it’s often found that smaller businesses are put onto tariffs that are unsuitable for their business, so doing a bit of market searching can go a long way towards paving your businesses energy secure future!

Let Ask TED take the stress out of searching the market – get in touch today and start your journey towards higher cost savings!

A:

When it comes to choosing an energy provider there is no best choice; there will always be a best option with regards to the pricing offered but this is something that depends on the circumstances and requirements surrounding your business. For example, if reducing the Carbon Footprint of your business is one of your energy goals, a green energy tariff is likely the best option although it may not always be the cheapest option available.

Click Here to view a list of suppliers that AskTED currently quote from*.

*including bespoke quotations

A:

There is no price cap on business energy. The UK government have in place the Energy Bill Relief Scheme (EBRS) that is intended to be in place until the 31^st of March 2023 which will then be replaced by the Energy Bill Discount Scheme (EBDS) running from April 2023 until March 2024. 

Eligibility for Energy Bills Discount Scheme

As with the original scheme, the new scheme will be available to everyone on a non-domestic contract including:

• businesses
• voluntary sector organisations, such as charities
• public sector organisations such as schools, hospitals, and care homes

who are:

• on existing fixed price contracts that were agreed on or after 1 December 2021
• signing new fixed price contracts
• on deemed / out of contract or standard variable tariffs
• on flexible purchase or similar contracts
• on variable ‘Day Ahead Index’ (DAI) tariffs (Northern Ireland scheme only)

For more information on this visit the UK Gov EBDS page

A:

The Climate Change Levy (CCL) is a tax on energy usage intended to encourage businesses and individuals to reduce their energy consumption and greenhouse gas emissions. It applies to most non-domestic energy use in the UK, and the revenue generated from the levy is used to fund various government initiatives aimed at reducing carbon emissions and addressing climate change.

A: A business energy comparison website allows UK-based businesses, including SMEs and microbusinesses, to compare energy prices and plans from multiple suppliers in one place, making it easy to find the best deal for your business.

A: An SME is a small or medium-sized enterprise, typically defined as a business with fewer than 250 employees and a turnover of less than £50 million per year.

A: A microbusiness is a small business that employs fewer than 10 people and has an annual turnover or balance sheet total of no more than £2 million.

A: Yes, SMEs and microbusinesses based in the UK can use our energy comparison website to compare energy prices and plans from multiple suppliers.

A: By comparing energy plans from different suppliers, SMEs and microbusinesses based in the UK can find the best deal for their energy needs and potentially save money on their energy bills.