Procure Smart

Switch Your Business Energy

Woman smiling after switching her business energy

Did you know?

Ofgem's 2023 Non Domestic Market Review revealed that many UK businesses don't understand how standing charges work.

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Procure your business energy the smart way.

Avoid the dangers of a volatile business energy market and lean on our expertise to switch and save.

To help businesses like yours, we have created a super-easy process for our experts to gather the necessary information to assess your energy costs and investigate savings, fast.

You submit your details

We find the best price

You start saving!

Smarter business energy switching.

Get smarter.

For all the latest news, top tips and business energy saving guides, please visit our brand new SMART HUB. 

A half hourly meter, often abbreviated as “HH”, is a type of electricity or gas meter which measures and records the amount of electricity consumed by a business every 30 minutes.

Blend and extend contracts involve agreeing a term extension in return for an existing contract rate reduction.  We cover how and why you’d do this in our blog.

We’ve put together a handy jargon buster to help make some of those tricky energy terminologies just that little bit easier.

Business Energy FAQs

Procure Smart is a brand new service, created to help businesses like yours switch key areas of expenditure to save money.

Procure Smart’s team have been saving businesses money for more than 10 years.  So we realise that businesses are under more financial and time pressure than ever.

As a result, we have created a super-easy process for our experts to gather the necessary information to assess your costs and investigate savings, fast.

Speak to us today for a FREE, no-obligation assessment.

Smarter business switching.

We have relationships with some of the UK’s leading energy suppliers. This subsequently enables us to negotiate the exact contract required to fit your every business need.

  • Fixed-rate contracts – Pre-agreed unit rate (measured in kWh) with your supplier for the duration of your contract. With this in mind, they are the most common business energy tariffs as they enable businesses to maximise the accuracy of their long-term financial forecasts.
  • Variable contracts The complete opposite to fixed-term deals. On a variable rate, your unit rate is determined by the current market rate. Whilst this could prove beneficial during short-term dips in pricing, businesses are also left vulnerable to spikes in wholesale prices.
  • Green energy contracts  A form of contract where some or all of the energy you buy is ‘matched’ by purchases of renewable energy that your energy supplier makes on your company’s behalf.
  • Pass through contractsYou agree to some, but not all charges upfront with your supplier. The remainder being ‘passed through’ to you at an additional cost, depending on factors such as your time of usage. These contracts are favoured by many businesses who operate outside of normal operating hours when energy charges are typically lower. However, be warned, whilst savings can be made, pass through contracts make businesses significantly more vulnerable to variable charges.

That’s where we help businesses work smarter.

To begin with, all we need is just a few bits of basic information. This includes copies of your latest gas and electricity bills and a signed Letter of Authority (LOA). With this, we can analyse your current spending and then approach suppliers on your behalf to procure the best energy contracts for your business.

Additionally, our dedicated account management team will oversee the whole process and deal with any queries from suppliers.

A Letter of Authority (LOA) is the legal document that provides our experts with the permission needed to then liaise with energy suppliers on your behalf.  

What makes our service so beneficial to our customers is our ability to remove the stress of switching and managing the process from start to finish on your behalf. In short, in order to negotiate with suppliers, arrange meter installations and process the contracts, we need to prove to suppliers that we have your approval to do so.

This is where an LOA comes into action.

Traditionally speaking, businesses begin searching for new energy deals as soon as they enter their switching window (often the six month period before their contract expires.) 

Due to the all-consuming nature of running your own business, firms often leave their renewal until the last minute and we understand this. For this reason, we’ve created our super-fast and easy switching process to enable you to get back to doing what you do best.   

Most savvy business owners question whether they could procure the deal themselves to make it cheaper.  In some instances this is correct.  But, equally, there are just as many instances where TPIs can negotiate using their strong supplier relationships to beat prices elsewhere on the market. 

Additionally, most TPIs offer increased levels of customer service, advice, research and efficiency that are not available by going directly to a supplier.

Before you begin the price comparison process, please be aware that if you’ve been in debt with your current supplier for more than 28 days, you may be prevented from switching until your debt is cleared. 

Speak to one our experts if you need assistance or support and we’ll assess the severity of the situation. If possible, we’ll use our supplier relationships to help rectify the situation. 

Just like comparison websites, Procure Smart also earns a commission for each referral it makes to a supplier. Therefore, it’s up to the suppliers to ensure their prices are attractive enough to you to earn your business.

We operate a policy of honesty at Procure Smart and will provide full disclosure to our customers for any fee we receive, regardless of the size of your business. 

Of course you can!

Many UK businesses lack the inhouse resources to efficiently procure the services they need. As a result, many businesses end up paying way above the going rate without realising it.

Following a comprehensive audit of your business’ procurement needs, Procure Smart will identify areas of your business where savings can easily be made.

We aren’t recruiting just yet, but please keep an eye on our social media channels for any exciting future opportunities!

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