Appalling £15 million payoff to Scottish & Southern Energy Executive Ian Marchant who presided over a decade of rate hikes which saw customer’s bills triple.

A collective Yikes! Rippled across the UK, upon the recent revelation of the compensation package delivered to departing Scottish & Southern Energy boss Ian Marchant. During his tenure tariff payers saw their rates increase threefold. As a result several online platforms chief among them, Business Electricity Prices, have recently sprung up to help business commercial customers compare electricity rates from several providers, and keep their costs in check.

“At a time when the economy is hurting, it really is a bit of a hit to businesses, who realistically need to save every penny they can get their hands on to see departing bosses walking away with that kind of severance,” says a company spokesperson at Business Electricity Prices, “To put it in perspective that compensation package would pay the average British Corporate bill for over 5,000 years, and the average residential bill for 11,000.”

A quick check of the online platform which allows the comparison of gas and electric rates across Britain’s leading providers shows today’s rates were 2.74 p / Kwh for Gas and 9.01 p / Kwh for electricity. Comparing electric and gas tariffs is the Business Electricity Prices platform’s key purpose. It works by taking the businesses information with regard to energy usage and shopping around amongst the leading suppliers in the UK including Scottish Gas, EDF, Good Energy, and even Southern Electric.

“When you are looking to cut costs in business, the first thing you do is look for alternatives. A great place to start is with a comparison,” says the spokesperson, “Charges on customers bills keep rising, which ultimately puts pressure on the business, and policy makers need to do something about it, because it could ultimately lead to layoffs which is bad for Britain.

The new online platform, called Business Electricity Prices, allows comparison of rates and gives them, “The Power to make a Difference.” Comparing rates and transmission tariffs between suppliers of electricity and gas in the United Kingdom. The Business Electricity Prices system hands the power back to business to control the rate they are going to pay. While recognizing there is a difference between the highest cost provider in the UK, and the lowest.

For more information, please contact:

Business Electricity Prices
Office 10
Evans Business Centre
Rochdale, Lancashire
Ol12 6XB
0845 226 0046
http://www.businesselectricityprices.co.uk