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Having to switch energy supplier can be a hassle if you don’t know what information you need to provide. We have compiled a simple guide to help you navigate the switching suppliers.
1. Information you need
When switching suppliers, it’s important you have the following information:
- Your postcode
- The name of your current supplier
- The name of your current energy tariff
- Your annual energy usage and costs
The best way to find this information is on one of your recent energy bills. Alternatively, most people have an online account with their supplier, simply log on to your account and your information, tariff name and bills will all be available for you to view on your account.
2. Finding a new supplier
One of the best ways to find a new supplier is to shop around and phone different energy companies and compare deals. Alternatively, you can use a price comparison website that collects all the standard packages from energy suppliers in one place for you to compare.
We can help do this for you, and negotiate competitive prices on your behalf! Book a consultation today to find out how we can help you.
3. Things you need to weigh up
When looking to switch energy supplier, it is vital that you make the right choice. Shifting suppliers and realising you have made the wrong decision is the worst thing that could happen, so making sure you want to switch is key.
Things you need to consider are:
- A supplier's customer service
- The cost of the new tariff
- Potential exit fees and the flexibility to leave
- Incentives for switching
- If the supplier offers a switching guarantee
4. Signing the contract
Once you have chosen your supplier, the last stage is to confirm the new supplier, sign the contract and confirm your payment method.
Your new supplier will arrange a switching date with most switches taking around 20 days.
5. How BP can help you
Whilst we have tried to create a simple guide to help you switch suppliers, the truth is that switching suppliers can be tricky and time-consuming.
Using comparison websites can only get you so far because they only compare off-the-peg deals. However, most businesses have unique needs that require a bespoke energy package.
At BP, we have a team of industry specialists and close connections with the leading energy suppliers. By coming to BP, we can provide you with a dedicated account manager who can work with you to understand your business needs before using their connections to find you a bespoke package at the best rate, saving you time and money.