Business Energy FAQs
All Your Questions, Answered.
It can be difficult to know where to begin when your business energy contract is up for renewal. That’s why we’ve put together some frequently asked questions to guide you through the process with confidence.
About Nurevo Energy
Can Nurevo Energy help my business find a new energy supplier?
Yes! The expert team at Nurevo Energy has been helping UK businesses of all sizes — from micro to large multi-site organisations — find competitive energy deals and save money.
Our skilled business energy brokers, based in Oxford and London are trained across all areas of the energy market and can find the best deals to suit your needs.
What types of business energy contracts can you provide?
We offer a full range of contract types through leading UK suppliers, including:
✔ Fixed price tariffs
✔ Variable tariffs
✔ Flexible (flex) tariffs
✔ Green energy tariffs
Our experts will help you choose the best option for your business and provide clear advice to support your decision.
Why does my business need an energy contract?
Energy suppliers require a signed contract before supply begins. This helps manage supply and pricing while ensuring your business has a consistent energy source.
If you allow your contract to expire, your supply won’t be cut off (as long as payments are up to date), but you’ll automatically move to a standard variable tariff — which is usually far more expensive.
How can comparing energy suppliers help my business?
According to the Competition & Markets Authority, around 1.2 million UK businesses are overpaying for energy — costing up to £500 million in excess charges.
Comparing deals with Nurevo Energy could save your business up to 47% on annual energy bills, and we’ll ensure you never roll onto costly default tariffs again.
How do I switch business energy suppliers?
Have your latest gas and electricity bills ready and contact our team for a free, independent comparison.
You can complete an online enquiry form or call 020 8087 4676 to get started.
Will my current supplier be the cheapest at renewal?
Not necessarily. Once we’ve negotiated off-market rates, we’ll share the results with you — you decide whether to stay or switch.
Can you handle my termination notice?
Yes. Simply sign and return the Letter of Authority (LOA) included in your Welcome Pack to:
📧 Clientsupport@nurevoenergy.com
This authorises us to liaise with suppliers and manage the full transition on your behalf.
What is a Letter of Authority (LOA)?
A Letter of Authority allows Nurevo Energy to act on your behalf — negotiating, managing contracts, and handling the switching process with your suppliers. It DOES NOT give us the authority to agree any contracts this is done by you.
Why renew early?
Energy prices rarely decrease. Renewing up to six months in advance allows you to lock in rates before any price rises and plan ahead with confidence.
What’s the advantage of a long-term contract?
A longer-term agreement protects your business from market volatility and future price increases, providing cost certainty over time.
Fixed Tariffs
Fixed tariffs offer price stability — your unit rate stays the same throughout your contract.
Pros: Easier budgeting and forecasting.
Cons: You won’t benefit from falling wholesale prices.
Variable Tariffs
Variable tariffs fluctuate with the energy market.
Pros: You could pay less when prices drop.
Cons: You risk paying more when prices rise.
Flexible (Flex) Tariffs
Flex tariffs are typically for larger businesses with multiple sites. You buy energy in smaller portions directly from the wholesale market.
Pros: More control and potential savings if managed strategically.
Cons: Requires more market awareness; prices can vary.
Feed-In Tariffs
If your business generates its own renewable energy (e.g., solar panels), a feed-in tariff lets you sell excess electricity back to the grid.
Pros: Long-term income and stable prices.
Cons: High upfront investment in renewable technology.
Green Energy Tariffs
Green tariffs source energy from renewable sources.
Pros: Demonstrates sustainability commitment and future cost benefits as renewables expand.
Cons: May be slightly more expensive currently due to generation costs.
What is an MPAN or MPRN?
MPAN (Meter Point Administration Number) – Identifies your electricity meter.
MPRN (Meter Point Reference Number) – Identifies your gas meter.
Both are unique numbers used to track your energy supply. You can find them on your energy bills.
Can you help if my business is moving premises?
Absolutely. Whether you need new energy connections or simply a new supply contract, our team will ensure a smooth transition.
What if I receive an objection letter from my supplier?
This usually means there’s an issue such as outstanding payments or incorrect details. Contact us or call 020 8087 4676 and we’ll help resolve it.
Can you confirm my rates and contract status?
Yes. Once your contract is processed, we’ll contact you to confirm your rates, acceptance, and transfer date. You’ll also receive a Welcome Call for full clarity.
Can my accountant handle this for me?
Yes. With your permission, your accountant can manage the process on your behalf. Alternatively, provide their contact details and we’ll liaise with them directly.
How does Nurevo Energy make money?
Once your contract goes live, we receive a commission from the energy supplier — there’s no extra cost to you. Our goal is always to secure the most competitive rate for your business.
How often do business energy prices change?
Prices change constantly based on market conditions, global energy trends, and supply-demand fluctuations.
Does Nurevo Energy work alongside or members of any regulatory bodies or ombudsman?
Yes. we are registered with the ICO. and the Energy Ombudsman ADR (alternative dispute resolution) approved by Ofgem.
How can I contact Nurevo Energy?
📞 Call: 020 8087 4676
📧 Email: info@nurevoenergy.com
If you have any further questions please do not hesitate to get in touch.