Business electricity prices and business gas tariffs have risen this year and as a result small businesses have been hit hard.
All of the Big Six energy providers have increased their gas and electricity charges this year, something which has been reported by utility-exchange.co.uk, the online business energy comparison site.
These price increases have obviously impacted heavily on small businesses, many of which are still struggling to get banks to lend to them. “A huge number of micro and small businesses still fail to compare business electricity prices and gas charges and as a result they are often not on the best deals. They may even be on more expensive roll over contracts” explained Conway Standing, Managing Director at Utility Exchange Online.
Small businesses are also suffering as a result of concerns over the economy and...