Regularly Reviewing Your Business Energy Rates in 2025

Why Reviewing Business Energy Rates Matters

Most businesses don’t realize how much they’re overspending on energy until it’s too late. The Real Cost of Ignoring Your Energy Rates

1. Businesses that don’t review their rates often pay 20-50% more than they should.
2. Many companies fall into costly out-of-contract rates when their deal expires.
3. Energy prices change frequently, and failing to compare deals leads to higher costs over time.

Key Takeaway: Reviewing your energy rates regularly ensures you’re always on the best tariff and never overpaying.

The Hidden Dangers of Staying on an Old Contract

Many businesses assume staying with the same supplier is the best option—but this is a costly mistake.

1. 1️⃣ Out-of-Contract Rates Are Expensive If your contract expires, you’re automatically placed on a default “out-of-contract” rate. Out-of-contract rates are 50-70% higher than negotiated deals.
2. 2️⃣ Suppliers Don’t Reward Loyalty Unlike insurance companies, energy suppliers don’t offer discounts for staying with them. New customers always get better deals than loyal, long-term customers.
3. 3️⃣ Energy Prices Constantly Fluctuate Market prices for gas and electricity rise and fall frequently. If you don’t regularly compare deals, you could be paying too much for energy.

Key Takeaway: Suppliers don’t reward loyalty—but UtilityKing ensures you always get the lowest rate available!

How to Check If Your Business Is Overpaying for Energy

Wondering if your business is paying more than it should for energy? Look for these warning signs:

1. You’ve been with the same supplier for more than 12 months.
2. Your contract expired, and you’re on a “default” or “rollover” tariff.
3. You haven’t compared business energy prices in the last year.
4. Your energy bills have increased unexpectedly without a change in usage.
5. Competitors are paying less for their energy than you are.

Key Takeaway: If you check even one of these boxes, you’re likely overpaying for energy and need to review your rates ASAP.

How Often Should You Review Your Business Energy Deal?

To maximize savings and avoid paying high rates, businesses should review their energy contracts regularly.

1. Every 6-12 Months – Best practice for securing low rates and avoiding automatic rollovers.
2. Before Your Contract Expires – Ensure you’re not placed on a higher out-of-contract rate.
3. When Energy Prices Drop – Lock in a better rate before suppliers increase tariffs.
4. When Your Business Expands – Higher energy usage may qualify you for better pricing.

Key Takeaway:Don’t wait until it’s too late—review your energy rates NOW and lock in the best deal with UtilityKing!

How UtilityKing Helps You Lock in the Best Rates

• Step 1: We Analyze Your Current Energy Contract – We review your energy bills and identify areas for savings. Our expert advisors check your contract details for hidden costs or penalties.
• Step 2: We Compare Live Energy Prices – We compare multiple business energy suppliers to find the lowest rate. We negotiate exclusive deals you won’t find anywhere else.
• Step 3: We Handle the Switch for You – No paperwork, no stress—we manage the entire process from start to finish. Your business experiences no downtime or disruptions.
• Step 4: We Continuously Monitor Your Rates – We notify you when it’s time to review your contract again. If a better deal becomes available, we help you switch effortlessly.

Common Mistakes Businesses Make When Reviewing Energy Costs

• ✅ Mistake #1: Assuming Staying with the Same Supplier Saves Money
  Solution: Always compare rates—new customers get better deals than loyal ones.
• ✅ Mistake #2: Ignoring Your Contract Renewal Date
  Solution: Set reminders to compare rates before your contract ends.
• ✅ Mistake #3: Not Checking for Hidden Fees
  Solution: UtilityKing only works with transparent suppliers—no hidden charges!
• ✅ Mistake #4: Thinking Energy Prices Don’t Change Much
  Solution: Energy markets fluctuate frequently—regular reviews help lock in lower rates.

Fact: Over 90% of businesses that compare energy rates with UtilityKing switch to a better deal!