Edf energy offer business customers both electricity and gas
contract for small and micro businesses in the UK. They offer a range of contracts for
fixed term and fixed pricing with a choice of contract lengths and special price promotions
during the year. EDF are a french owned company which took over the former electricity
boards called london electricity board (LEB), SEEBoard and SWEB energy.
Edf energy split their business services into two main sections - those businesses with less than 20 sites and an annual spend of less than £30,000 and those who have more sites and a higher spend. For those smaller businesses they offer a range of contract types and tariffs including first super saver which has a standing charge and flexible contract lengths, first energy saver which doesn't have a standing charge and first green which supplies energy from 100% renewable sources.
With all of these tariffs your business can also earn nectar points although this should not really be a reason to choose Edf but offers a little more in way of total discounts. These tariffs are called "business first" and also offer you an additional 2% discount if you pay your bills by fixed monthly direct debit. Although your contract will be set up to auto renew (also known as a roll over contract) you should always do a price comparison each year just to see if you are getting the best deal. Some energy companies increase their prices when the contracts are rolled over so check any terms and conditions you are signing and ensure that you terminate the contract each year to keep your prices from increasing automatically.
There is also a green tariff called green saver which enables your business to purchase 100% renewable energy from sources such as wind farms and solar panels and also exempts your business from the climate change levy in the process. Although this may cost a little more it may be something to consider.
Like all the major energy companies switching your supplies over to EDF is very easy and straight forward. By signing up you'll get a freephone access to dedicated business advisors who can help you reduce your overall energy consumption and save even more money in the process. You'll also get a dedicated personal contract specialist to help you through understanding your contract and invoices when they arrive.
Once you start the switching process everything will be handled by your account management team and they will prepare and process the necessary paperwork on your behalf. Just remember to get a meter reading on the day of the switch from your current provider so that invoices and bills from both companies are accurate.
You can get a quote by completing their online form which requires standard information such as your premises address and meter numbers and consumption data. They will then give you a call back to discuss your requirements in more detail.
As part of signing up to EDF you'll be able to earn nectar points for your business. That's the good news but of course if you have a nectar card already you'll know that you have to spend a lot to get little in return. The points are based on actions your business takes rather than the annual spend and the most you can earn is 4,400 points with an additional 5,000 if you switch from another supplier. If you manage to earn the maximum in the first year of 9,400 this is worth just a £40 Argos voucher. So it's really best to get the cheapest prices for your business as getting nectar points is not a reason to switch suppliers to Eon energy.