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Compare Utilita Business
prices in under 60 seconds
Compare Utilita Business
prices in under 60 seconds
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How to compare Utilita prices with Business Energy UK
Are you searching for information on the best energy providers in the UK? You’ve come to the right place!
This article gives you all the information you need to make an intelligent decision on switching your energy supply to Utilita Energy. There are plenty of reasons you might think of switching, including price, convenience, contracts, and environmental concerns.
The company you finally choose will probably serve one or more of your values better than the others. That’s why one energy provider might be the perfect fit for someone but the wrong commitment for someone else.
Utilita works slightly differently from the traditional big six energy providers. They are more focused on the pay-as-you-go market (PAYG) and don’t offer quite so many traditional tariffs and contracts.
Who is Utilita Business?
Britain has several big energy suppliers, including British Gas, Scottish Power and SSE. This was also the case back in 2003 when Bill Bullen decided to give British consumers another option.
Utilita Energy was born and today provides thousands of British businesses with energy. The difference between Utilita Energy and the other big energy companies is the pricing – they primarily offer a PAYG (pay as you go) service, giving business customers another option.
Bill Bullen, the company’s founder, wanted to give British customers and businesses a better service and a fairer deal for their energy – these are Utilita Energy’s core values.
Utilita business electricity rates and tariffs
Electricity tariffs vary across Britain depending on the region, the energy supply costs, and the energy company that supplies your business. In most cases, you will pay a fixed rate tariff or a variable rate tariff – a PAYG tariff is not as common.
Utilita is primarily a PAYG energy company meaning you can top up your electricity as and when it’s required, this means the company has a slightly different approach to tariffs than the big six energy providers.
Businesses might be sceptical of a PAYG tariff because it seems less reliable; however, there are some clear advantages. A PAYG tariff allows a business to closely monitor its energy usage and pare down its costs – this also contributes to zero-carbon efforts.
Fixed-rate contract
The majority of contracts offered by Utilita are pay-as-you-go contracts with no exit fee.
The price you pay for your unit rate electricity in the duration of the PAYG top-up contract might vary based on the supply costs and the market conditions, but you won’t have a fixed-term contract to manage.
That said, fixed-term contracts exist with Utilita, mainly for business customers. A fixed-term contract can be cancelled with 30 days notice, but a termination fee needs to be paid.
Most of Utilita’s contracts don’t have any exit fees, there’s no need for those because the supply simply ends if the power is not topped up.
Variable-rate contract
Utilita’s variable-rate contract is called the Smart Energy Tariff. This uses a threshold system to help customers spread the cost of their energy across the month.
After the customer crosses the monthly unit rate energy usage threshold -currently 2kWh – they switch from unit rate 1 to unit rate 2 and pay a bit more for their electricity in the PAYG top-up model.
Deemed or out of contract rates
Since the majority of tariffs offered by Utilita are PAYG, there is no need for out of contract rates. The energy supply simply stops. That’s not always the case with other suppliers.
Deemed rates exist for businesses that don’t have a pre-arranged contract with Utilita. These rates are charged daily as a standing charge, but with a different night rate and a different rate for evenings and weekends.
Additional Utilita business contract information
Some more things to consider.
Today, efficiency means using your electricity more intelligently in your business. It’s become necessary, not only for reducing your energy costs but also for reducing your carbon footprint and contributing to a low-carbon world.
Utilita can help your business to achieve its green energy goals with smart meters. This not only helps reduce the money you spend on power, but it also lets you pass savings on to your customers and supports the green intentions of your brand.
Smart meters to monitor energy usage
A Utilita smart meter is a small electronic device that looks like a handheld computer console. Switch on the device and you will get a user-friendly display of options relating to your business’s energy usage. From this dashboard, you can see what your energy usage is and how much you are spending.
Using this data, you can optimise your business to consume less energy and save more money. For example, if you need to buy more electricity or gas, you can use the smart meter. It connects to an app and your online account, so you can top it up whenever it’s convenient.
Pros and Cons of Switching to Utilita services
Some of the pros and cons:
Pros
- Bills are accurate and savings can be made. Since electricity and gas are paid in advance figures accurately reflect usage, this allows businesses to pare down their energy consumption.
- Customers also report favourably on Utilita customer services. There are various ways to contact them: telephone, online message, or using the chat facility.
- A notable benefit of using Utilita is its smart meter technology. Many energy providers now issue smart meters to customers, but not all of them are digitally integrated. In some ways, this is necessary for a modern PAYG service.
Cons
- Although most customer reviews show Utilita in a positive light, the Ofgem statistics tell a different story – according to them, Utilita is responsible for some overcharging.
- Utilita is excellent for PAYG services but not the best if you want a fixed-term contract. They offer few, if any, domestic fixed-term business contracts.
