When choosing a business electricity and gas plan, you’ll have the option of a fixed or variable tariff.
Fixed-term plans guarantee the unit price of electricity and gas for a set period, while variable rates will have the unit price go up or down.
Fixed energy prices can be helpful for long-term financial planning, as you’ll know exactly what costs you need to pay for your electricity or gas. However, variable tariffs offer the potential of reduced costs if energy prices decrease.
You can learn more about fixing your business energy prices by reading our guide.