Who are the best energy suppliers?

Article posted

16th Feb 2024

Read time

3-5 min read

Author

Mollie Pinnington

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 Every business knows the importance of finding the best energy supplier possible. However, choosing a company  based on price, customer service, and overall company reliability can be difficult.

Comparing suppliers can get tricky if you dont know where to start. One supplier might be good on prices and not as good on customer service. In the article below we will help you pick apart what the best energy supplier is.

Big Six, Challengers, and Renewables

In the UK the majority of the energy market is held by the big six, however, this dosent mean you should dismiss other suppliers.

  • The Big Six: British Gas, EDF Energy, E.ON (includes nPower), SSE, ScottishPower, and Centrica Business Solutions. These established players offer a wide range of services and fixed-term contracts.
  • Challenger Brands: Smaller, agile companies like Octopus Energy, Bulb, and OVO often provide competitive rates, innovative technologies (like smart meters), and excellent customer service.
  • Green Suppliers: If sustainability is your core value, explore Good Energy, Green Energy UK, and Ecotricity, who specialize in renewable energy sources.

 

What makes a good energy supplier?

While cost is crucial, other factors deserve equal weight:

  • Business Size and Energy Consumption: High-volume users might benefit from negotiated rates offered by larger suppliers. Smaller businesses may find flexibility and personalized service from challengers more appealing.
  • Contract Length and Flexibility: Opt for fixed-term contracts for price stability or variable ones for potential savings if you predict usage drops.
  • Customer Service: Research online reviews and consider features like 24/7 support or dedicated account managers.
  • Green Credentials: If aligning with sustainability goals is important, choose a supplier committed to renewables.

 

Picking the Perfect Partner: Who Shines Brightest?

Unfortunately, there's no one-size-fits-all answer. However, based on current market trends and expert reviews, here are some frontrunners:

  • For Overall Excellence: Octopus Energy consistently garners praise for its competitive rates, innovative approach, and exceptional customer service.
  • For Best Value: Shell Business Energy and United Gas and Power often offer competitive fixed-term deals, making them attractive for cost-conscious businesses.
  • For Green Champions: Good Energy and Ecotricity lead the pack in offering 100% renewable electricity, ideal for eco-conscious companies.

 

Switching Made Simple

Switching suppliers is easier than you think. Whilst comparing energy suppliers by yourdself could be a lot of work your business should consider utlising the use of an energy consultant to help you fdind the best supplier and prices.

At Resolve Energy we have a streamlined processes, and we will take care of the legwork. We will negotiate rates, find a supplier that suits your business and take over the whole procurment process for you.

By staying informed and considering your specific needs, you can power your business with the perfect energy partner!

If you're looking to save money on your energy bills then why not get in touch today? The relationships Resolve Energy has developed with over 24 of the UK’s biggest business energy suppliers allows our energy experts to source the best business energy rates available for your company right when you need them. Request a free quote today and start saving money on your energy.

Looking to pay less on your energy bills?

Get a free quote today