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28 Jun

Compare Business Energy Deals Effectively

by Simon Thompson
 
A crucial element when it comes to sourcing a new energy supplier is the ability to compare business energy deals effectively. By doing so, you will be reassured that you are getting the best deal possible for meeting your needs at that time. To do this, you will need your current energy supply contract and know when it ends, and how much you are currently paying. With this information, you are ready to compare deals between potential providers. In addition, they will be wanting to know your unit rate and standing charges, how much energy you use every year and how much notice you must give your current supplier. Compare business electricity providers You may decide to compare business electricity providers first because these bills tend to be higher than for gas. The proposed tariff will consist of two prices that you will need to focus on and these are the unit cost and the standing charge. Unit cost: this is what you will pay with the unit of energy is measured in kWh (kilowatt hours) Standing charge: this amount varies and is the daily charge paid to the National Grid for delivering energy. Understanding the difference is important because a potential supplier may offer much cheaper unit rates but have a higher standing charge so the deal may not actually work out to be cheaper at all. Compare business gas providers As mentioned, when you compare business gas providers you will need the same information as well as the type of contract you want to choose. This will boil down to either: A fixed term contract: with a fixed term deal the price per unit of energy is fixed for the contract’s duration A variable rate contract: the amount you pay per unit will vary during the contract and will usually be connected to wholesale market activity. When prices rise, then your unit cost will increase. If prices fall then you will benefit. If you haven’t switched for several years, then you may be on a ‘deemed rate’ contract, which tends to be higher and these are also known as out-of-contract rates. It does appear that there is a lot of information to take on board and you’ll still need to contact suppliers, either directly or using a comparison site aimed at business owners. Alternatively, you could contact experts who understand how you can compare business energy deals effectively and deal with the switchover process which means contacting the experts at D-Energi.
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26 Jun

Your Cheap Business Energy Deals Explained

by Simon Thompson
 
An important aspect of running any business is to keep costs down, which means accessing cheap business energy deals as a crucial part of ensuring profitability. Keeping a tight control on costs is important for all firms but particularly for small and medium-sized businesses who may have tighter margins. However, energy costs are one overhead that is unavoidable and may account for a large proportion of the firm’s overall outgoings, so ensuring that you have the right energy contract will help control these costs. One issue when it comes to cheap business energy deals is that the tariffs and bespoke offerings will vary, so you’ll need to understand the terminology and how the new deal will impact your business. Search the market for a cheap business electricity provider If you’ve ever searched the market for a cheap business electricity provider, then you may have been surprised at the sheer range of suppliers and deals available. You will also need to appreciate whether you need a fixed term contract or a variable one which will impact on the prices being quoted. Also, the length of the contract will have an influence as will the geographic location of your premises and how many people you employ. Indeed, you may be taken aback to find a supplier asking whether you have plans for expansion over the course of the contract, which may also affect the deal being offered. Market for cheap business gas suppliers As with electricity, you’ll find the market for cheap business gas suppliers is a competitive one too. And while most firms spend less on their gas bill, it’s still worth spending the time finding a new provider with cheaper rates. In addition, you will also need to understand that the unit rate being quoted is for the actual electricity or gas consumed while the standing charge is the amount you pay the National Grid for delivering energy. Also, when negotiating with the potential provider you will need to be wary about what may appear to be a verbal acceptance of a proposed deal since this will be binding. Essentially, unlike organising energy provision for our homes, there is no ‘cooling off’ period for a business. If you would like more help and advice about cheap business energy deals and how to access a provider with a cheaper tariff, then you need to speak with the experts at D-Energi.
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24 Jun

Tips Your Firm Needs to Switch Energy Suppliers

by Simon Thompson
 
If you are looking for tips to help your firm switch energy suppliers and reduce your bills, then this article will help. There is a financial incentive to see whether there are cheaper suppliers available as the savings could run into hundreds and even thousands of pounds every year. This will be, for many businesses, a big boost in their profitability and all it takes is the price of a phone call. However, for a busy business owner, the task of undertaking a business energy comparison and then switching to a new energy plan can appear to be a daunting undertaking. Thankfully, there is a team of experts available at D-Energi to help guide you through what can be a confusing process. Undertaking an energy switch for your business When it comes to undertaking an energy switch for your business, the amount that you will save will depend on the prices you pay under your current tariff. The issue when sourcing a new supplier is that they must offer you a bespoke deal, so comparing these deals can be difficult and you really should calculate what their offer will cost over a full year. Even a one-man band should be able to make substantial savings and a larger firm could be saving thousands of pounds by switching to a better value tariff. All firms and organisations should really look at ways of switching their energy provider on an annual basis to ensure they are not overpaying for the energy they use and help stimulate competition in the marketplace. The right energy solution provider for you and your firm Finding the right energy solution provider for you and your firm’s needs will mean having some details to hand including your metre number, details of your current tariff and how much energy you use. It may also be recommended by a potential supplier that you install smart meters which will help your business reduce outgoings and enjoy even greater savings. You will also need to know when your current business supply contract comes to an end, which will give you time to arrange a move to a new supplier. Should you not act in time, then you may find that your supplier moves you automatically to a new contract with higher rates. If you would like more help and tips about how your firm can switch energy suppliers, then contact the friendly team at D-Energi.
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21 Jun

Our Advice When Switching Business Energy Suppliers

by Simon Thompson
 
All firms and organisations should take time every year to find the best energy prices, so this article will help when switching business energy suppliers. Among the reasons for a firm to switch will be to enjoy cheaper rates or better levels of customer service. However, this is also an issue that lots of firms tend to neglect so they remain with a provider through inactivity. The downside for this failure to act when a supplier gets in touch with details of your next contract is that they have probably been moved across to a deemed rates contract, which tends to cost more. Switching business electricity suppliers When it comes to switching business electricity suppliers, there’s more to the process than most firms will appreciate. For example, you may find a deal with great prices but this may entail signing up for a long-term contract which may have various fees that you were not expecting. It’s for this reason that you should review the contract being offered by an energy provider to ensure it meets your needs and you understand the details. Our advice is important for those firms who are tempted to switch to suppliers offering very low prices and you should hesitate before signing a deal of more than two or three years, and some suppliers will offer five-year contract. Switch business gas suppliers The advice to be cautious also extends when you want to switch business gas suppliers and while these bills tend to be lower, it’s still worth shopping around. In the hunt for a new energy provider, you should ask lots of questions and if there’s terminology being used that you don’t understand then ask for clarification. If the supplier is still not making their contract clear then it’s probably an opportunity to look elsewhere. You also need to make clear what the unit charge and standing charges will be, whether there are cancellation fees and how often you will be billed. Also, ask the provider about any hidden up-front fees which is also crucial. It’s important that firms do not pay more than is necessary and you may be surprised that when you begin shopping around various energy providers how their rates vary and what potential savings can be made. However, you may need help in comparing these offers which will be a bespoke offering from those who understand the market and the contracts being offered. If you need more advice about switching business energy suppliers and to access the best possible deal, then you need to speak with the experts at D-Energi.
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