How it works
At the moment you probably get billed directly by the energy suppliers based on either their standard rate or a discounted rate based on simple negotiation. At Utilitrack we use our established relationships with all the suppliers and in effect invite them to tender for your supply on an individual basis. This takes into account your energy consumption history.
As with any tendering process the deals you are then offered will be very competitive. So much so that most of our customers make significant savings, which depending on usage can run to thousands of pounds, or even tens of thousands of pounds.
As with any commercial contract you need to be careful and understand what you are signing-up to. In the case of energy supply contracts this usually means a 12 month deal with a pre-arranged renewal date several months before the contract ends.
Business people are busy people and these critical dates are easily overlooked, especially if you have several premises each with different contract dates with different power suppliers. You can easily find you've been moved to the suppliers standard (more expensive) rates if you fail to renegotiate in time.
How to avoid it
Utilitrack manage your contracts. That means that we'll automatically start the renegotiation process for you at exactly the right time. We track your usage history so the deals we can get you will be the best available based on the market rates.