It is common practice for companies to change their electricity and gas supplies at the beginning of each year. However, in order to attract a larger pool of customers, they might opt to go for a longer contract. The huge benefit of switching gas and electricity suppliers is the fact that a customer will not have to pay as much. This is especially important for those customers who have been paying for their gas and electricity for more than three years.
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The initial cost involved in switching supplier is very small, but it is good to remember that this is an investment which has to cover the cost of running your home, heating your workplace and heating the office buildings. If you do not pay for these costs in the long term, then you will end up spending more money on utility bills. Switching supplier also means that the current provider will no longer give any discounts and incentives to you, if they are in competition with the new supplier. In fact, you may end up having to pay more in order to stay connected with your current supplier.
It is not only the initial cost of switching suppliers that make it worthwhile but the fact that you will be able to control how much you pay for gas and electricity every month.
Resource – https://usave.co.uk/energy/business-energy/