Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Aaron3195
    • By Aaron3195 12th Apr 18, 12:29 PM
    • 34Posts
    • 18Thanks
    Aaron3195
    Friend's business paying a fortune for business electricity, options?
    • #1
    • 12th Apr 18, 12:29 PM
    Friend's business paying a fortune for business electricity, options? 12th Apr 18 at 12:29 PM
    Enquiring for a friend of mine that runs a nail shop (not part of a franchise) alone on the high street and also works alone, he's been with EDF Energy since the beginning. New price from 26th April will be 80p standing and 23.50p per kWh which I think is exorbitant. He sometimes has to run 2 or 3 electric heaters during the cold months and the costs mount up quickly.

    I have tried looking at uswitch for comparisons but businesses need to call up instead of being able to compare online. Would switching to a consumer supplier be breaking any laws? He also uses consumer broadband without any issues, so I'm not very clued up on what's allowed or not. He would also prefer to pay the bill via Post Office.

    Thanks for any help!
Page 1
    • PaschalFun
    • By PaschalFun 12th Apr 18, 12:38 PM
    • 178 Posts
    • 52 Thanks
    PaschalFun
    • #2
    • 12th Apr 18, 12:38 PM
    • #2
    • 12th Apr 18, 12:38 PM
    Give us a shout when your friend is looking for a good defence barrister with a specialism in fraud shoud your friend follow your suggestion

    If, as you say, you are " not very clued up on what's allowed or not", best not to suggest anything other than provide the telephone number of those who hopefully do know.
    • NineDeuce
    • By NineDeuce 12th Apr 18, 1:26 PM
    • 845 Posts
    • 781 Thanks
    NineDeuce
    • #3
    • 12th Apr 18, 1:26 PM
    • #3
    • 12th Apr 18, 1:26 PM
    The rate that you have stated above is a deemed/out of contract rate, 100%.

    Just get into a contract, that's all. Any supplier will offer a rate at about half of your current one, even the current supplier.
    • Robin9
    • By Robin9 12th Apr 18, 1:34 PM
    • 2,945 Posts
    • 1,951 Thanks
    Robin9
    • #4
    • 12th Apr 18, 1:34 PM
    • #4
    • 12th Apr 18, 1:34 PM
    How big is his annual consumption ? If less than 60,000

    As above just ring the main suppliers and ask for a quote.
    Never pay on an estimated bill
    • Neil Jones
    • By Neil Jones 12th Apr 18, 7:56 PM
    • 1,404 Posts
    • 850 Thanks
    Neil Jones
    • #5
    • 12th Apr 18, 7:56 PM
    • #5
    • 12th Apr 18, 7:56 PM
    Yeah these are typical rates for business energy out of contract, something astronomical. Easy fixable - get a contract with EDF or whoever and that problem solves itself.

    With regards to the broadband, the only real differences between consumer and business broadband is the price and the support you get when things go wrong. Business Broadband costs more but you usually get first dibs and a faster resolution when there's a problem, whereas with consumer broadband a wait of anything up to a week for any issue isn't uncommon.
    • Aaron3195
    • By Aaron3195 15th Apr 18, 12:03 PM
    • 34 Posts
    • 18 Thanks
    Aaron3195
    • #6
    • 15th Apr 18, 12:03 PM
    • #6
    • 15th Apr 18, 12:03 PM
    Alright thanks for the input guys, will ask him to call up his supplier
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

170Posts Today

1,859Users online

Martin's Twitter
  • Ta ta... for now. This August, as I try and do every few yrs, I'm lucky enough to be taking a sabbatical. No work,? https://t.co/Xx4R3eLhFG

  • RT @lethalbrignull: @MartinSLewis I've been sitting here for a good while trying to decide my answer to this, feeling grateful for living i?

  • Early days but currently it's exactly 50 50 in liberality v democracy, with younger people more liberal, older more? https://t.co/YwJr4izuIj

  • Follow Martin