Starting a new business

All businesses need energy, even if it just for heat and light, and getting it right from the beginning is essential to business success. The following pointers will ensure that energy is there when you need it and does not put your new business at risk.

Include energy in your financial business plan – both as a business expense and as a cash flow item.
Contact the supplier who is registered to your business premises as soon as you move in, ask him to make an offer for your supply (you have a choice, you don’t have to sign up with the same supplier) and then sign a contract with the supplier that makes you the best offer.
Make suppliers work for you – get them to advise you on the best type of contract for your needs, and shop around – you have a choice and do not have to simply continue with the supplier who is currently registered to your new business premises
Make sure you choose the right kind of contract for your business needs. You will not be disconnected if you do not sign up with a supplier immediately, but you may be billed at deemed rates for the period between moving in and signing a contract, which will probably be higher than longer term contract rates
Make sure you pay as much attention to your energy contract as you do to all the other important start up issues – read it and make a note of your obligations before you sign and file it.
Keep all your bills and correspondence so that you have something to refer back to if you think there has been a problem, e.g. to request a review of your consumption profile.