Businesses Being Taken for a Ride by the Big Six Energy Suppliers Thursday 5 July 2007 PDF Print New e-book reveals secrets to saving 40%-70% off business electricity bills. London, UK, 05 July 07 - Electricity4Business, a specialist UK supplier of business electricity has today released an e-book guide to saving seeing through the dirty tricks campaigns of the big 6 energy suppliers. When it comes to electricity, small and medium size enterprises can never assume they are getting a good deal. In fact, it's safe to say that - as the market stands today - businesses should assume the opposite is true and that they are being taken for a ride by the ‘big six’ energy providers. Graham Paul, Sales & Marketing Director of Electricity4Business comments, “In the UK, the chances are high that a small or medium size business receives its electricity from one of the six major companies. In fact, between them, British Gas, EDF Energy, Npower, Powergen, Scottish & Southern Energy and Scottish Power share 96% of the market.” Despite the bad publicity heaped on industry ‘fat cats’, over 20% of customers have never switched electricity providers since deregulation of the market. The reason, according to Graham Paul at Electricity4Business, is that they simply don't have access to the right information. “Our e-book to seeing through the small print puts the power back in the hands of the customer. The document not only states the case for switching but it also provides all the information for businesses to carry it through," Paul adds, "There is no reason for loyal customers to pay more for electricity." Despite the promise of competition through deregulation, providers have routinely been able to raise prices by putting their customers on ‘evergreen’ fixed-price contracts that are automatically extended for months or even years unless the customer takes timely action. If businesses fail to provide notice within a specified period, suppliers reserve the right to increase prices, even as the wholesale price of electricity goes down. As a result, customers that signed up to a long-term contract in early 2006 - when energy wholesale prices were at their peak - are often paying double or even triple today's market price for their electricity. "If companies are wise to the tricks they can expect from their electricity supplier, they can switch and slash their electricity bills at a stroke. It's as simple as that," Paul explains. "Many of our customers save in excess of £1000 a year, simply by filling out our template letter and switching to our fair and flexible pricing plan." Electricity4Business, one of several smaller providers offering fair, flexible and consistent pricing, has compiled an essential guide for free download to help electricity customers see through the tricks. Download the Electricity4Business "Guide to the small print of electricity contracts" at http://www.electricity4business.co.uk ENDS Contacts: For interviews, quotes, photos or comments contact: Bernard Scally MRA Public Relations Phone: 020 8847 2538 Email: email@example.com Lynette Havenga-Stokes Marketing Manager electricity4business Phone: 01908 353394 Email: firstname.lastname@example.org Notes for Editor: About Electricity 4 Business Ltd Electricity4business provides an alternative to the big 6 by providing cheap business electricity for small and medium sized businesses spending less than £100,000 per annum on their electricity supply. Business electricity customers can compare & switch immediately online at http://www.electricity4business.co.uk This press release was distributed by ResponseSource Press Release Wire on behalf of Electricity 4 Business in the following categories: Environment & Nature, Business & Finance, Public Sector, Third Sector & Legal, for more information visit http://pressreleasewire.responsesource.com/about.