Get £1,000 cashback from Love Energy Savings if they cannot beat your initial renewal quote!**
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*Save an average of 40% with Love Energy Savings when compared to your energy suppliers standard out-of-contract deemed rate.
**Love Energy Savings aim to beat the forecast annual cost of any 1, 2 or 3-year fixed electricity or gas initial renewal offer, based on your annual consumption that you provide. More T&Cs here.
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Commercial Gas FAQ
What is a commercial gas deal?
Gas is one of the main sources of energy for businesses, and there are many providers, offering a variety of commercial gas rates.
Why might I switch commercial gas provider?
You may wish to switch commercial gas suppliers to keep energy costs low for your business. There are a variety of deals on offer if you check the market. Alternatively, you may wish to switch gas providers for a better service in general, possibly because your current provider doesn’t adequately meet your needs.
How do I find a commercial gas deal that suits me?
Before agreeing to any deal, make sure you carry out thorough research into the wide array of providers, in order to find the commercial gas rate that suit you. Make sure that you only switch gas suppliers when you are absolutely sure you’ve found a better offer.
What information should I provide for a new commercial gas deal?
When applying for a new deal with a commercial gas supplier, you will be required to tell them who your current supplier is, to ensure that no disruption occurs when you switch.
They may also need some details about your business, such as an office postcode, as well as your level of gas consumption, along with your meter number.
Can I change my mind after starting a new contract?
Commercial gas contracts don’t usually offer cooling-off periods for businesses. This means you must be absolutely sure a new tariff is right for you and your business, before signing any agreements.
Businesses are expected to be fully willing and aware of terms and conditions upon entering such contracts.
What can determine my commercial gas costs?
Consumption and market forces may be the primary factors, but costs always depend on the kind of commercial gas deal you go for. Before signing any deals, consider what you are able to afford. Here are a variety of commercial gas deals available:
- Fixed-term deal: Fixed-term plans will set a fixed price of gas per kWh used over a set period, and you will be locked in to the arrangement for the duration of the contract. Costs will be determined by consumption. They are typically harder to switch away from, and you may have to wait until they expire to do so.
- Variable rate deal: Variable rate plans will mean unit gas prices are determined by market forces. This can lead to cost fluctuations, so you must be prepared for potentially higher costs. Variable-rate plans often allow customers to switch sooner.
- Deemed-rate deal: This may occur if you don’t make moves to switch your commercial gas provider or seek a new deal. This will incur higher costs, and kicks in automatically, as soon as your current contract expires.
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Love Energy Savings £1,000 Cashback Guarantee – Terms & Conditions
Love Energy Savings aim to beat the forecast annual cost of any 1, 2 or 3-year fixed electricity or gas initial renewal offer, based on your annual consumption that you provide to us. Where Love Energy Savings decide not to offer a lower priced plan, Love Energy Savings will pay £1,000 per customer. The promotion is open to new and existing customers who are small or medium enterprises and excludes any other promotion offered by a competing supplier, e.g. cashback. Your energy tariff or fixed price contract must be in the renewal window. If Love Energy Savings can't beat the price you tell us and you'd like to claim the £1,000 promotion, we'll need to see the competing initial renewal offer either in writing or by email issued by your existing supplier. The contract start date must be within 120 days of the date on the renewal letter or email.
Love Energy Savings will review our offer and the competing offer from your existing supplier using information you provide to us such as your annual consumption as well as any additional costs or charges you'll pay in the competing offer over the contract period, e.g. distribution/transportation, VAT, Climate Change Levy (CCL) or CCL equivalent charge and government environmental charges or costs. If the competing offer is for a 2 or 3-year term, Love Energy Savings will use the same annual consumption for each year.
The promotion is available to small and medium enterprises with less than 10 non-half hourly electricity or non-daily metered gas sites who use less than 1,000,000kWh of electricity or 1,500,000kWh of gas per year. Alternative offers through third-party intermediaries are not eligible for this promotion. Any offer of a contract is subject to a credit check. If Love Energy Savings can't beat the renewal offer, then Love Energy Savings send a £1,000 cheque made out to the business name within 28 days, following receipt of the written/email offer and of our declining to beat the offer from your existing supplier.
