21% of businesses are unaware who supplies their energy: Nearly 21% of UK business owners don’t know who currently supplies their energy.

This is according to a new investigation by Yü Energy, that says businesses might be overpaying on their electricity bill by up to 44% and their gas as much as 65%. 

The conclusion of the survey of 500 business owners also points out that more than a quarter are unaware of what energy tariff they are on or when their present contract is up for renewal.

Almost 40% of business owners also confess the last time they switched energy provider was 3 years ago. 

Simon Smith, Director Sales and Marketing at Yü Energy, states: “As businesses head into one of the toughest winters they have been faced with, implementing energy cost-saving factors such as switching unused devices off, installing smart meters and switching energy providers could be the simplest solutions to reducing hefty winter energy bills.”

21% of businesses are unaware who supplies their energy