Archive for December, 2014

More haste less spend

Monday, December 15th, 2014

What is the decision making process in your business? Do you like to think that you can react quickly and agree a course of action? We all like to think so, but what happens if you are busy in other aspects of your business? Do you stop and prioritise which issues you need to resolve first?

The renewal of your energy contract is time sensitive in many ways. The most obvious action that requires timing within your renewal process is in making sure you issue your termination notice at the right time. If you fail to terminate then you lose the ability to change supplier and potentially the chance to access the best deals for your circumstances. There is a cost to you in missing this action.

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Dealing with energy supplier objections

Thursday, December 11th, 2014

One of the main reasons why businesses struggle to switch their energy business or have failed to in the past is due to the objections raised by their incumbent supplier that prevents the switch from going ahead. Sometimes these objections lead to the switch not occurring as to do so becomes “more trouble than it is worth”.

Even though the raising of such objections can be seen as a purposeful obstruction by the incumbent it primarily comes down to three reasons – there is an amount outstanding on your account that needs to be paid before the switch can happen, you have failed to give the correct termination for your contract, or your new supplier has applied for the transfer on the wrong date.

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