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0800 033 4080
11.7% of the national workforce or 3,403,000 people work from home many of those now switching their energy to business tariffs.
Should you choose a business energy tariff or a domestic energy tariff?
Given that prices are cheaper, a business tariff might seem like a no-brainer, but there are a few things you need to consider.
1. Usage Levels
You need to use a good proportion of the energy in your home for business purposes to be able to switch to a business tariff.
2. Business Status
You will need to be registered as a business or to have proof that your business exists, like a website or a compliment slip or Yellow Pages listing.
3. Price Comparison
We are independent so we can conduct a free audit to make sure your switch to business tariff does give you a significant saving with the best provider.
4. Meter Profile
Whilst there is no need to get a new meter to switch to a business tariff, your meter will be given a new 'profile'.
5. Fixed Price Tariff for the Duration of Contract
Business energy tariffs are usually fixed price. This means that you'll pay the same rate from the day you sign your contract to the day it ends.
6. Regulator Protection
Micro businesses are defined as consuming less than 200,000 kWh of gas or 55,000 kWh of electricity a year or have fewer than ten employees. Businesses that fall into this category are offered domestic like protections.
7. Tax, energy and working from home
Whether you're on a business energy tariff or a domestic energy tariff, you can claim for the electricity and gas you use while you're working as a legitimate business expense. To do this you need to ascertain your energy usage by the proportion of the area of your house that your office/workspace occupies.
These examples are from HMRC and they're just an illustration. You should check what you could claim in your individual situation to be sure of your rights.