British Gas's SAVE scheme has helped businesses stay out of debt, but keeping an eye on business energy costs is vital to help your company thrive.
On the anniversary of its SAVE scheme for small businesses (that’s Small business Advice and Value Expertise), British Gas claims that it is doing all it can to help small and medium sized business who are struggling with their business energy bills.
British Gas established the scheme in the depth of the recession. Speaking to This is Money, a spokesperson said that they established the scheme after realising many firms were struggling to pay their bills. “We knew that small business owners wanted a single point of contact for help and advice on their energy requirements,” they added.
To do this effectively, British Gas developed a five-step credit rating system that enables it to identify and target those SMEs at most risk of falling into business energy debt or defaulting on their payments.
The credit solutions team can give advice on reducing energy consumption as well as sending out energy saving products, and to date more than 10,000 small and medium sized businesses have taken advantage of the scheme.
This is all positive new for business energy customers; however, there is no dedicated hotline or website for businesses that are having payment difficulties to access, and often to really save on your business electricity and business gas bills it’s best to shop around for a new energy contract.
British Gas has received much criticism for “assumed renewal” tactics in the past, and it’s widely known that if you stay with your existing business energy supplier at contract renewal time you are not going to get the best prices or deals.
When you are nearing the end of your business energy contract, then is the time to get on the phone to find out what packages other suppliers are offering.
By using the services of an independent advisory service such as Energy Advice Line, you can take all the stress and hassle out of this process and get a business energy price comparison in just one phone call.
You can also use EAL’s free, online price comparison services, which presents the prices of the UK’s most competitive energy suppliers – negating the need to wait for a call back before you make your decision.
You can read the full British Gas story at ThisIsMoney.
Picture credit – CCA: Gas by Tom Pagenet from Flickr
Tags: British Gas, Business Electricity, Business Energy, Business Gas
