Choosing the right energy supplier is a crucial decision for any business, and TotalEnergies is a prominent player in the UK market offering competitive tariffs and energy solutions. In this article, we will review TotalEnergies business prices, explore their tariffs, and discuss the key features they offer to help businesses make an informed decision.
Who is TotalEnergies?
TotalEnergies is one of the world’s largest energy providers, with a diverse portfolio that includes electricity, natural gas, renewables, and energy services. With a presence in over 130 countries, TotalEnergies aims to be a major player in the transition to cleaner energy while providing reliable and affordable solutions. For UK businesses, they offer a range of tailored energy plans designed to meet the needs of companies of all sizes.
TotalEnergies business prices list
While actual rates may fluctuate, here is a table with approximate price ranges for TotalEnergies business tariffs to give you a sense of the potential costs:
| Tariff Type | Unit Rate (per kWh) | Standing Charge (per day) |
|---|---|---|
| Fixed-rate (Electricity) | 16p – 22p | 30p – 55p |
| Fixed-rate (Gas) | 4p – 7p | 15p – 35p |
| Flexible-rate (Electricity) | 15p – 25p | 25p – 60p |
| Flexible-rate (Gas) | 3.5p – 8p | 12p – 40p |
| Renewable (Green Energy) | 17p – 24p | 35p – 60p |
Notes:
- Fixed-rate tariffs provide stability, so the rates will not change for the duration of the contract, despite market fluctuations.
- Flexible-rate tariffs might offer lower prices initially but can fluctuate depending on market conditions.
- Renewable tariffs are often slightly higher due to the premium on green energy sources, but this can be offset by incentives and environmental benefits.
These prices are indicative and can vary based on specific business requirements and market conditions. For the most accurate and up-to-date rates, it’s recommended to contact TotalEnergies directly or use our comparison tool to get a tailored quote for your business.
Overview of TotalEnergies business tariffs
TotalEnergies provides a variety of business energy tariffs that cater to small businesses, medium-sized enterprises, and large corporations. Their business tariffs include fixed-rate and flexible options, designed to suit different budget requirements and energy consumption patterns. Here’s a closer look at these options:
Fixed-rate tariffs
Fixed-rate tariffs from TotalEnergies are designed to provide stability and predictability in your energy costs. With a fixed-rate plan, the price per unit of energy remains the same throughout the contract period, protecting your business from market fluctuations.
Key features of fixed-rate tariffs:
- Budget certainty: Your rates are locked in for the duration of the contract, helping you manage expenses without the worry of sudden price hikes.
- Contract flexibility: Fixed-rate contracts are typically available for periods ranging from one to three years, giving you the option to choose a term that best suits your business needs.
- Ideal for: Small to medium-sized businesses that prefer consistent billing and predictable expenses.
Flexible-rate tariffs
Flexible-rate tariffs are designed for businesses that have the ability to adapt their energy usage based on market conditions. These tariffs can provide cost savings when energy prices are low but may involve higher costs if market prices rise.
Key features of flexible-rate tariffs:
- Market-driven pricing: Prices may vary based on wholesale energy costs, allowing potential savings when the market rates are low.
- Greater control: Businesses can adjust their energy strategy in response to price changes, maximising efficiency and minimising costs.
- Ideal for: Larger businesses or enterprises with high energy usage that can closely monitor market trends and adjust their consumption accordingly.
Renewable energy options
TotalEnergies is committed to sustainability and offers green energy options for businesses that want to reduce their carbon footprint. Their renewable energy tariffs include electricity sourced from wind, solar, and hydro, enabling businesses to take a more eco-friendly approach to their energy consumption.
Benefits of TotalEnergies’ renewable energy options:
- Support for net-zero goals: Businesses can lower their carbon emissions and contribute to environmental sustainability.
- Enhanced reputation: Using green energy can boost a company’s brand image, showing customers and stakeholders a commitment to sustainable practices.
- Potential cost savings: Some renewable energy tariffs can be cost-effective in the long run, especially with incentives and reduced environmental taxes.
Additional features and services
Beyond their competitive tariffs, TotalEnergies offers several features and services that add value to their business energy solutions. Here are some of the key highlights:
Smart metering
TotalEnergies provides smart meters to all business customers, ensuring accurate billing and better energy management. Smart meters enable businesses to track their energy usage in real-time, helping to identify areas where they can reduce consumption and save on costs.
Energy efficiency support
TotalEnergies also offers energy consultancy services to help businesses optimise their energy usage. This service includes tailored advice and strategies to improve energy efficiency, reduce waste, and ultimately lower energy bills.
Dedicated account management
For larger businesses, TotalEnergies provides a dedicated account manager who acts as a single point of contact for all energy-related needs. This personalised service ensures that your business receives expert guidance and support tailored to your specific energy requirements.
TotalEnergies business prices: What to expect?
The exact cost of TotalEnergies business tariffs can vary depending on several factors, including the size of your business, location, energy consumption, and the type of contract you choose. Here are a few factors that influence TotalEnergies’ pricing structure:
- Business size and energy consumption: Larger businesses with higher energy usage may have access to more competitive rates compared to smaller enterprises.
- Contract length: Longer-term contracts often come with more favourable rates, offering businesses a better deal in exchange for their commitment.
- Market conditions: For flexible-rate tariffs, the prices are directly linked to the current market rates, which can fluctuate due to supply and demand dynamics.
For an accurate quote, businesses should contact TotalEnergies directly or use a price comparison tool to assess the best available rates for their specific needs.
Pros and cons of choosing TotalEnergies for business energy
Pros
- Diverse tariff options: A wide range of fixed-rate and flexible tariffs to suit different business requirements.
- Green energy focus: Strong commitment to renewable energy solutions, making it easier for businesses to go green.
- Advanced metering and energy services: Smart meters and energy consultancy services to enhance efficiency and control over energy use.
- Competitive pricing: Customised quotes and competitive rates, especially for larger enterprises.
Cons
- Price variability on flexible tariffs: Flexible-rate tariffs can be risky if energy prices rise significantly.
- Limited contract lengths for smaller businesses: Fixed-rate contracts may not always offer shorter-term flexibility for small enterprises.
Is TotalEnergies the right choice for your business?
TotalEnergies offers a comprehensive range of energy solutions that cater to businesses of all sizes. Their commitment to sustainability, coupled with their diverse tariff options and support services, makes them a strong contender in the UK business energy market. Whether you’re looking for budget certainty through a fixed-rate plan or the flexibility to take advantage of market prices, TotalEnergies has a tariff that could suit your needs.
Final thoughts
When considering an energy supplier like TotalEnergies, it’s essential to compare their offerings with other providers in the market. Business energy costs can have a significant impact on your bottom line, so take the time to evaluate the benefits, features, and overall value that TotalEnergies provides.
Use our energy comparison tool and seek expert advice if needed to ensure you make the most cost-effective decision for your business. For more, visit the TotalEnergies website.
FAQ – TotalEnergies business prices
TotalEnergies offers business contracts starting at a minimum of 12 months. For businesses seeking longer commitments, they also provide options for 24 or 36 months. Longer contracts can sometimes secure more competitive rates, with fixed-rate plans providing price stability throughout the term.
TotalEnergies typically takes 2 to 4 weeks to set up a new business energy account, depending on the complexity of the business needs and any existing contracts. This period includes time for meter readings, contract agreement, and the switching process if moving from another supplier.
For businesses with high energy usage, TotalEnergies may offer discounts of up to 5% off the standard rates for electricity and gas, based on annual consumption. Larger enterprises consuming over 100,000 kWh annually are more likely to receive these discounted rates, subject to negotiation.
TotalEnergies charges a late payment fee of £40 for invoices not paid within the specified payment terms. Additional interest may also apply at 8% above the Bank of England’s base rate until the balance is settled, in line with UK commercial debt regulations.
Yes, TotalEnergies applies exit fees if a business terminates its contract early. Fees can range from £50 to £300 per meter, depending on the remaining contract length and energy usage. It’s important to review the terms to understand the financial implications of early termination.