5 Myths About Business Gas
There’s a lot of confusion around business gas. It is necessary for businesses to have some form of reliable power supply, and gas is relatively inexpensive and efficient in terms of its carbon footprint when used. Still, there are a lot of people who don’t know about business gas and why it’s important to understand it before signing any contracts for your commercial energy supply.
The myths surrounding business gas are the reasons why it’s so misunderstood. Here, we take a look at some of the most common ones so you can learn more about business gas.
Myth #1: You won’t know what you’re paying for
You can see a breakdown of your gas usage by using the “History” section on your online account. This will show you how much gas was used in each month and which days and times of day it was used. You can also use this feature to see which appliances were using the most gas.
You can actually control how much you use by using tech solutions like smart meters. These tools allow you to monitor and manage your consumption, giving you an accurate view of how much gas is being used by each piece of equipment on-site.
Myth #2: You’ll be locked in to a long-term contract
You can switch to a different supplier, or you can choose to stay with your current supplier. But, no matter what you decide, it’s important that you lock into a fixed rate as soon as possible.
For example, if you’re on an energy plan with a variable rate and the price of gas goes up, so will your bill—and it might not just be once. If the price of gas goes down below where your provider is buying it from again before their next billing cycle, they’ll have to pass along those savings (or take a loss) by lowering their prices for everyone else too.
Myth #3: Your price will change all the time
Price is not fixed. It’s not set by the supplier and it’s not set by the government. The price depends on what you’re buying, how much of it there is in the market and how much demand there is for it at any given time.
But, your price won’t change day to day. You’ll be given a set rate when you take out a contract, and that’s what you can expect to pay.
Myth #4: You’ll have to pay an exit fee
Many people think that if they change their mind about a business gas deal and cancel it, they’ll be charged an exit fee. This is a myth—you can switch suppliers at any time without being charged an exit fee.
However, it is important to note that if you decide to switch providers during the period of your contract (typically two years), some providers may charge an early cancellation fee. So, make sure you’re happy with the terms and conditions before you sign up to a new tariff.
Myth #5: You have no control over your energy usage
This is a very common misconception about business gas, and for good reason: it’s not entirely true. While the price of natural gas can fluctuate on a daily basis—and even hourly—with the weather, there are many ways that businesses can reduce their overall consumption and costs.
One way is by using energy management software or tools like automated thermostats to monitor and control how much energy you’re using at any given moment in time. Another way is through training programs that show employees how they can change their habits and work practices so as to improve efficiency without sacrificing quality or productivity (like turning off lights when they leave rooms).
Lastly, if your company has an existing contract with an energy supplier, it may be possible for them to help you implement some of these strategies on their behalf; be sure to ask!
If you’ve ever considered switching away from your current business gas provider, there are a lot of things you need to know before making the switch—and we’re here to clear them up for you.
Whether it’s making sure that your energy usage is kept track of so that you don’t get hit with unexpected bills or knowing how long you will have to be locked into a contract before being allowed out, we want you to feel comfortable with your choice. So if any of these myths have been holding you back in the past, let us dispel those fears now.