Skip navigation

Leeds, UK, 14-Sep-07 -- With the constantly fluctuating energy markets, global uncertainty, and growing UK energy market competition, more businesses are finding that it pays off to do their homework when it comes time to renew their electricity contracts.

Direct Power Associates, a Leeds based energy consultant that focuses on commercial and industrial sites, offers a comparison service outlining the most competitive business electricity and gas prices in the market. "When negotiating customer contracts, there are few things you should always keep in mind," explained Rebecca Smith, Director at Direct Power Associates Ltd. in the United Kingdom. “Although much depends on current market conditions at the time we go to the market to tender, there are some important bullet points always worth considering when going through this process:

• Consider a 2 or 3 year contract to lock in lower rates and save administration time.

• Pay by Direct Debit to secure cheaper tariffs.

• Pay for only what you use... submit your own meter readings.

• Make sure you give adequate notice of termination on your current contract. By not doing so, the supplier can roll your contract at rates they choose.

• Approach your renewal date early for greater flexibility.

• Consider grouping your sites on to one contract to save time and money. This can often lower you tariffs.

• Be careful of brokers asking for full authority to sign agreements on your behalf. We recommend that you give them authority to negotiate on your behalf, and access your consumption data, but we advise that only you should be the one signing a contract with an energy supplier.

• Consider applying for a government sponsored energy audit. This can often help cut bills significantly.”

Direct Power is an independent consultancy specialising in negotiating business electricity and natural gas contracts, and organising government sponsored energy conservation audits for industrial and commercial sites in the UK.

For more information on Direct Power please contact via email at info@directpower.co.uk.

This press release was distributed by ResponseSource Press Release Wire on behalf of Direct Power Associates in the following categories: Business & Finance, for more information visit http://pressreleasewire.responsesource.com/about.