Meet Eddie, your Energy Advice Line Guru
Eddie, the Energy Advice Line Energy Guru is here to help businesses gain an impartial insight on the latest price movements in the market as well as customer understand customer buying habits and trends. Energy Advice Line compare prices using an extensive supplier panel so are ideally placed to produce a snap shot on actual price movement and customer buying habits. All of this is designed to provide business customers and decision makers with all of the information that they need to make a well informed and confident decision. Please subscribe to the YouTube channel by clicking here . We are also pleased to announce that Eddie also has an blog where the latest issues surrounding business energy are debated and discussed and you can follow that here.
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Latest Video Business Energy Price Review Quarter 2 2015
Average contract price have fallen to 10.51p/kWh
The amount of businesses choosing 12 month contracts rose 10%
Fixed Monthly Direct Debit remains the most popular payment option
In Summary While the prices have fallen this quarter, it is unlikely that they will fall further into Quarter Two - if you're in your renewal period then make the most of the current low rates with a fixed rate contract. Compare the market now by using the Energy Advice Line quotation engine .
Previous Videos
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Business Energy Price Review Quarter 1 2015
Average contract price have fallen to 10.93p/kWh
78% of businesses chose a contract that was only 12 months long
Customers are still preferring payments via Fixed Monthly Direct Debit
In Summary While the prices have fallen this quarter, it is unlikely that they will fall further into Quarter Two - if you're in your renewal period then make the most of the current low rates with a fixed rate contract. Compare the market now by using the Energy Advice Line quotation engine .
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Business Energy Price Review Quarter 4 2014
Average contract price has risen from 11.30p/kWh to 11.34p/kWh
36% of businesses chose a contract that was longer than 12 months
Fixed term contract prices are always significantly cheaper
In Summary If you are coming out of a fixed term contract of moving into new premises in the next 3 to 4 months, our advice is to take advantage of the great prices that we are seeing so far in Quarter 1 of 2015. Compare the market now by using the Energy Advice Line quotation engine .
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Business Energy Price Review Quarter 3 2014
Average contract price has reduced from 11.53p/kWh to 11.30p/kWh
45% of businesses are choosing contracts longer than 12 months
Historically, price will now start to go back up as we enter quarter four
In Summary What has happened in previous years usually dictates future prices trends and unfortunately prices tend to go back up in quarter 4 so if you are still on the fence I would opt for a 24 or 36 month contract before it is too late. Please make sure that the price that you are being offered is competitive by quickly comparing the market using the Energy Advice Line quotation engine .
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Business Energy Price Review Quarter 2 2014
Average contract price has reduced from 11.84p/kWh to 11.53p/kWh
Price premiums associated with long term contracts are narrowing
Our advice it to make the most of the low prices while they're still around
In Summary If you are coming out of a fixed term contract or moving into new premises in the next 3-4 months our advice is to take advantage of the lower retail price and very much consider the longer term option. Please make sure that the price that you are being offered is competitive by quickly comparing the market using the Energy Advice Line quotation engine .
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Business Energy Price Review 2012/2013
Prices have risen by 20% in the last two years
Customers are choosing to pay by fixed monthly direct debit, as it is the cheapest option
Over 50% of customers are choosing contracts of 24 months or greater
In Summary If you are coming out of a fixed term contract or moving into new premises in the next few months we strongly advise you to consider the longer term options available. Past history usually dictates future trends and prices do not look like they are going to slow down any time soon. Please make sure that the price that you are being offered is competitive by quickly comparing the market using the Energy Advice Line quotation engine .
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