In today’s volatile energy market, switching business energy supplier is a smart move that can significantly lower operational costs and improve sustainability performance. For commercial property owners, developers, and investors, understanding how and when to switch suppliers is crucial not only for reducing expenses but also for enhancing tenant satisfaction and ensuring regulatory compliance.
At Fraser Bond, we offer more than property advice — we help landlords make operational decisions that protect and maximise their investments.
Energy prices fluctuate constantly. Long-term loyalty to a single supplier without regular reviews often results in businesses paying significantly above market rates. Switching suppliers can:
Deliver immediate cost reductions.
Offer access to more competitive fixed or flexible tariffs.
Improve budget certainty for both landlords and tenants.
As sustainability becomes a non-negotiable priority, switching suppliers can allow property owners to:
Source 100% renewable electricity.
Offset carbon emissions with certified green gas contracts.
Enhance a property’s environmental credentials and tenant appeal.
Not all energy suppliers provide the same level of customer service or contract flexibility. Switching can secure:
Faster response times.
Smart metering and monitoring technology.
Better terms on contract length and renewal options.
Contract Renewal Window: Typically 6–12 months before the end of a current contract. Early switching can avoid expensive out-of-contract rates.
Price Increases: If your supplier announces significant rate hikes, reviewing alternatives may reveal better-value options.
Business Expansion or Relocation: New properties or expansions are natural triggers to renegotiate or switch energy suppliers.
Sustainability Initiatives: If ESG goals become a higher priority, moving to a greener supplier may be necessary.
Understand your existing agreement’s end date, termination notice period, and any early exit penalties. Knowing your obligations prevents unnecessary charges.
Suppliers will require information such as:
Annual electricity and gas usage (kWh).
Peak load times and off-peak requirements.
Number of meters and types (smart or standard).
Accurate data ensures precise, competitive quotes.
Obtain quotes from several suppliers to compare:
Unit rates and standing charges.
Contract flexibility and length.
Green energy options and additional services.
Price alone should not dictate the choice — service reliability and value-added features are equally important.
Always ensure the new contract is finalised before ending your existing agreement. This avoids falling onto expensive "deemed rates" with your current supplier.
After switching, notify tenants (if applicable) and update any billing or service charge processes tied to utility costs.
Fraser Bond provides strategic operational advice as part of our commitment to helping property owners maximise asset value. Our services include:
Introducing clients to trusted energy consultants.
Supporting energy procurement reviews for multi-site and single-site landlords.
Advising on sustainability initiatives linked to energy sourcing.
We ensure every decision, including switching energy suppliers, aligns with your broader investment objectives.
Switching business energy supplier is more than a routine administrative task — it is a strategic opportunity to lower costs, improve service quality, and align your properties with evolving environmental expectations.
Fraser Bond is here to guide you through every operational decision, helping you ensure your commercial properties remain competitive, compliant, and profitable in the evolving UK real estate market.
