What if the premises is not supplied by your current supplier
On the other hand, you might be moving to a property that's not supplied by your current energy provider.
In this scenario, you need to inform your current provider that you are moving premises to a new location that isn't currently supplied by them.
This will ensure that:
- Your business will not be held liable for any charges incurred by any tenants that move in after you vacate the property.
- You can find out if your current provider has coverage in your new location. If so, you can negotiate a new, competitive rate. If not, you can move to establish a deal with a new provider.
As part of this process, alongside the receipt of your CoT letter, your current supplier might want to record a few pieces of information regarding your move.
- Where you're moving to (in case they cover your new premises).
- Who the new occupant if your old premises will be (where applicable).
- The reason for your leaving.
Ultimately, whether your supplier can provide for your new premises or not, it's vital that you conduct a final, manual read of your meter on the day you leave your old property, and on the day you move into your new premises.
While business energy companies usually receive a half-hourly meter reading automatically, it's good practice to retain such information yourself in case payments on your final bill are queried.
How to choose an energy supplier for your business premises
It's crucial that you shop around when choosing a new business energy supplier.
All energy suppliers have different tariffs, energy sources and levels of service, so it's important to get a feel of what's best for your business and tenancy agreement before committing to a company.
Happily, you can do this quickly and easily, with the help of our business energy suppliers comparison tool.
Look for good customer service
There's nothing worse than poor business energy customer service.
If your supplier has a poor customer service track record, you might find it difficult to speak directly to them or even establish clear contact via other means.
As such, you can view unfiltered customer reviews and feedback on independent review sites such as Trustpilot.
Consider eco-friendly providers
The future is unequivocally green and so a fantastic way to futureproof your business (and save money) is to sign up with a supplier that supports renewable energy.
So, head on over to our business electricity page and see which eco-friendly provider could save you the most money.