Make the energy switch for your business
Electricity is generally a big overhead for many businesses so you’ll want to cut back on utility costs as much as you can. At the same time, switching to a different supplier can be a daunting prospect. When you’re in business, it’s hugely important for everything to run smoothly and you can’t afford to be out of the game while you’re waiting for your electricity and gas to be connected.
Choosing electricity and gas for your business: Can you switch?
Depending on where your business is based, you may be able to shop around for a better deal on your electricity and gas supply. This is definitely the case if your business is located in New South Wales, Queensland, Victoria, Australian Capital Territory or South Australia. In these states, there is free reign to choose both your electricity and gas suppliers. If your business is in Tasmania, you are limited to the few electricity and gas suppliers available in the state. If your business is in Northern Territory or Western Australia, there’s no option to shop around for a more competitive deal as the energy market is restricted by state/territory legislation.
If your business is located in a shopping center or industrial park, you may need to buy your energy through what is known as an ‘exempt seller,’ usually the owner of the complex. An exempt seller is forbidden from charging prices higher than the rates laid out in the standard retail offer, where prices are usually set by the government. In some cases you are still able to choose your own supplier, so it is always a good idea to ask.
Getting Connected at Your New Premises
Firstly, you’ll need to arrange a disconnection at your old premises before you can be connected at your new business address. If you don’t do this, you could find yourself paying for electricity at both premises. Once you have selected an electricity supplier, get in touch with them to get the ball rolling. As long as you do this around three working days before you need to be up and running, you shouldn’t be without power at your new premises. Connection time will vary between suppliers, so it’s a good idea to contact the supplier well in advance to sort out the details.