One area where businesses can make a significant impact on their bottom line is energy expenses. Utilita Energy, well-known for its focus on smart metering technology, provides tailored energy solutions for businesses. In this review, we’ll take an in-depth look at Utilita business gas and electricity prices and tariffs, the features they offer, and how they could benefit UK businesses.
Overview of Utilita business energy
Utilita Energy, a major player in the UK energy market, initially built its reputation in the domestic sector, specifically catering to households with smart meters. More recently, they have expanded into the business energy market, offering competitive rates and a range of features designed to help small and medium-sized enterprises (SMEs) manage their energy use efficiently.
Why choose Utilita for business energy?
Utilita aims to bring the same level of service and innovation to business energy customers as it does to its residential clients. The company’s focus on using technology to simplify energy management and its commitment to providing competitive pricing make it an attractive option for businesses looking to control their energy costs.
Utilita business energy prices list
| Tariff Type | Unit Rate (p/kWh) | Standing Charge (p/day) |
|---|---|---|
| Electricity (Fixed Tariff) | 28p – 34p | 30p – 50p |
| Electricity (Variable Tariff) | 30p – 36p | 35p – 55p |
| Gas (Fixed Tariff) | 8p – 12p | 25p – 40p |
| Gas (Variable Tariff) | 10p – 14p | 30p – 45p |
Key points to consider:
- Fixed tariffs offer stability and predictability in pricing, making them ideal for businesses that want to manage their energy costs over the long term.
- Variable tariffs may fluctuate with the market rates, potentially leading to higher costs during peak times but offering lower prices when the market rates drop.
These figures are indicative, as actual rates will depend on your business’s specific circumstances. For a precise quote, it’s always best to contact Utilita directly or use an energy comparison service.
Utilita business electricity tariffs
Key features of Utilita’s electricity tariffs
- Smart metering: Utilita leads with its smart metering technology, offering real-time usage data, which helps businesses track and manage their energy consumption more effectively. This feature is particularly valuable for SMEs aiming to optimise energy use and reduce costs.
- Fixed-rate contracts: Utilita provides fixed-rate electricity tariffs that protect businesses from market fluctuations, ensuring that your energy prices remain stable over the contract term. This stability can make budgeting more predictable and give businesses peace of mind.
- Flexible contract lengths: Depending on your business’s needs, Utilita offers a variety of contract lengths, allowing companies to choose a plan that aligns with their financial strategy and growth projections.
Understanding Utilita’s pricing structure
Utilita’s business electricity rates are tailored to the specific needs of each customer, with pricing influenced by factors such as location, consumption levels, and contract duration. Generally, their rates are competitive, particularly for SMEs that can take advantage of the savings offered by smart meters and energy-efficient practices.
To get the best rate for your business, it’s recommended to contact Utilita directly or use a comparison service to review available options tailored to your specific energy usage patterns.
Utilita business gas tariffs
Key features of Utilita’s gas tariffs
- Customised rates: Like their electricity offerings, Utilita’s gas tariffs are also customised based on your business size, location, and consumption patterns. This personalised approach ensures you receive a rate that matches your business’s energy demands.
- Fixed-rate plans: Utilita’s fixed-rate gas contracts allow businesses to lock in a consistent rate for the duration of their agreement, protecting them from price spikes and helping to manage expenses more effectively.
- Dedicated account management: For larger businesses, Utilita offers dedicated account managers who can provide tailored advice and support, ensuring that you’re on the most cost-effective tariff for your needs.
How Utilita’s gas prices compare
While Utilita may not always have the lowest rates on the market, its focus on providing value through technology, energy efficiency, and personalised service often makes it a cost-effective choice for SMEs. Businesses that utilise smart meters and implement energy-saving strategies may find that Utilita’s overall offering provides better value than some cheaper alternatives.
Benefits of switching to Utilita business energy
Switching to Utilita could offer several benefits for businesses looking to streamline their energy management:
- Energy insights and control: Utilita’s smart meters provide valuable insights into your energy consumption, allowing you to make data-driven decisions to reduce waste and lower costs.
- Enhanced customer service: With a focus on technology-driven solutions, Utilita aims to provide a seamless customer experience, which can be a significant advantage in resolving any issues quickly and efficiently.
- Environmental impact: Utilita’s emphasis on helping customers monitor and reduce their energy use aligns well with sustainability goals, which is increasingly important for businesses looking to reduce their carbon footprint.
Potential drawbacks to consider
While Utilita offers several benefits, there are a few considerations to keep in mind:
- Limited focus on larger businesses: Utilita’s business energy solutions are primarily designed for SMEs. Larger corporations with more complex energy needs might find their offerings less comprehensive compared to other suppliers.
- Regional availability: Utilita’s rates and service levels can vary depending on your business location. It’s essential to check the specific availability and pricing in your area before making a decision.
How to switch to Utilita business energy
Switching to Utilita is a straightforward process. Here are the key steps:
- Get a quote: Contact Utilita directly or use an online energy comparison tool to receive a tailored quote based on your business’s energy needs.
- Review your options: Compare the tariffs and contract terms offered by Utilita with those from other energy providers to ensure you’re making a well-informed decision.
- Initiate the switch: Once you’ve chosen the right tariff, Utilita will manage the switching process for you, ensuring a smooth transition with no disruption to your energy supply.
Is Utilita the right choice for your business?
Utilita’s focus on smart technology, competitive pricing, and a user-friendly customer experience makes it a strong contender for SMEs looking to manage their energy costs efficiently. However, it’s important to consider your specific business needs and compare all available options to ensure you get the best deal.
If your business values energy efficiency, cost predictability, and the ability to monitor and control consumption closely, Utilita’s business energy tariffs could be a great fit. With the right approach, you can leverage Utilita’s innovative features to reduce your energy costs and improve your company’s overall sustainability.
Conclusion – Utilita business prices review
Utilita offers a robust set of features tailored for small and medium-sized businesses looking for a reliable and cost-effective energy supplier. While it may not be the best fit for larger enterprises with complex energy needs, its smart meter technology and customer-focused approach can provide significant benefits to SMEs.
To determine if Utilita’s business tariffs are right for your company, it’s essential to analyse your energy consumption patterns and compare quotes with other providers.
For more, see the Utilita website, and our guides to comparing business electricity rates and comparing business gas rates.
FAQ – Utilita business prices
Utilita provides a 2% discount for businesses that pay by Direct Debit. Additionally, signing up for both gas and electricity with Utilita can lead to further discounts of up to 5% on the overall bill, helping businesses reduce their energy costs more effectively.
Yes, Utilita charges exit fees ranging from £50 to £200 per fuel, depending on the remaining contract length. Businesses considering switching suppliers before the end of their agreement should factor in these charges to determine whether an early exit is financially viable.
Utilita reviews its business energy rates annually to ensure they remain competitive with market trends. Significant changes in wholesale energy prices can lead to adjustments in both fixed and variable tariff rates, which might affect businesses depending on their contract type.
Utilita’s minimum contract length for business energy tariffs is typically 12 months. However, they also offer longer-term contracts, up to 36 months, providing businesses with the option to lock in stable rates for a more extended period to secure cost predictability.
Utilita’s smart meters can help reduce business energy costs by up to 15% through more accurate billing and energy consumption monitoring. Businesses that optimise their usage patterns based on real-time data can achieve these savings by eliminating unnecessary energy waste.