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15 years of experience
15 years of experience
15 years of experience

21 Jun

When Should I Switch Business Energy Suppliers?

by Simon Thompson
 
Business energy can be difficult to understand and the switching process can seem especially complicated.  That’s why D-Energi has created a simple way for you to compare business energy suppliers and switch to cheaper business gas and electricity. Actually, the most common question asked when it comes to compare business electricity or gas suppliers is ‘is there a perfect time to switch business energy suppliers?’ Can I switch business energy supplier at any time? No, you can’t, unfortunately. Once you had agreed on a deal with a new supplier you are locked into a contract – it is important to keep note of your contract start and end dates so that you don’t automatically get locked into a new contract at very expensive prices. You can, however, lock in a new contract six to twelve months before your current deal ends. You should be aware that each supplier will have a different renewal window. Many businesses can save large amounts on their business energy by locking themselves into a new contract early in their removal window. When is the best time to switch business energy suppliers? The ideal time to switch business energy suppliers is when your existing contract is coming to an end. Check your latest business energy bill to see when your current deal is due to end. If you have not changed to a new deal in the last twelve months then it is more than likely that you are overpaying for your business electricity and gas. You may actually have been moved to a rollover contract which will mean that you will be on the most expensive rates for your business energy. Why should I switch business energy suppliers? Many businesses overlook the cost of their business energy, which means that they are spending a lot more on their utilities than they need to. However, most businesses are profit-driven, and reducing energy costs will mean reducing outgoings, which makes it one of the simplest ways to find savings. Switching with D-Energi means you can access the cheapest prices for your business energy as we will compare business gas and business electricity prices for you and let you know the cheapest deal available.
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14 Jun

What Things Have An Effect On Business Gas Prices?

by Simon Thompson
 
Energy prices seem to have fluctuated quite a lot recently, with many business owners being frustrated by the changes. Rising electricity and gas prices mean that they have to pay more, while cheap business energy prices make money management unpredictable. This is why it is a good idea to know a little bit more about business gas prices and what affects them. Supply and Demand The first factor that affects cheap business gas is the traditional concept of supply and demand. Gas is bought, sold, and then transported in large amounts. How much of a supply of gas there is will affect the price of gas. When there is demand for gas in the UK and it isn’t available, then the price will go up as will the demand. However, when the gas supply in the UK outstrips demand then gas prices may be lowered. Gas Storage The UK’s biggest gas storage site was closed down in 2017 which meant that we dropped from having fifteen days’ worth of gas in storage to just four or five days. This has had a huge effect on gas prices especially in 2018 when we suffered from a particularly cold winter. A warning of gas shortages saw the price of gas shoot up to its highest level in more than 10 years. Although the UK government has been urged to take a closer look at its gas storage plans although it believes that a combination of LPG tankers and gas pipelines is more than sufficient. The Pound Gas prices are affected by fluctuations in the value of the currency and as we buy a lot of gas from Europe which means that the price that appears on your gas bill will reflect the strength of the pound. In recent years, the strength of the pound has dropped to an all-time low, which has led to rises in gas prices that will have been reflected in your business gas bills. Wind Power We create more energy from offshore wind generators in the UK than any other country, with Britain alone accounting for over 40% of the global capacity for wind-generated energy. On less windy days natural gas needs to be diverted to power stations which will result in an increase in prices. From changes in how we get gas and produce energy to global disruption means that gas prices are always going to fluctuate. Not all of these changes will affect every business but it is always worth keeping an eye on the bigger picture when it comes to cheap business gas and cheap business electricity costs. Get the best prices and deals on your business energy with D-Energi.
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7 Jun

Business Energy Suppliers Insights into 2021

by Simon Thompson
 
Despite the fact that we started the new year with the promise of a vaccine rollout, the UK has stayed in the grip of the COVID-19 pandemic and entered into a third lockdown. So, the most important question is what has business energy suppliers got planned for us this year? What impact has the pandemic had on business energy consumption As you might expect, business energy consumption was lower this year than last year at the beginning of the year, but it started to rise again at the end of March when restrictions eased a little. The business sector that this can be seen in the most is the retail sector who experienced a real dip in energy consumption, especially during the first lockdown. As businesses continue to navigate the changing landscape, it is likely we can expect more surprises when it comes to business energy consumption and so this is why it might be the best time to shop around to find the best business electricity and business gas suppliers for your business. What is happening with renewable business energy? 2020 was the year that many businesses went green, and in fact, in April 2020 renewable business energy broke through the 40% mark for the first time. However, we are starting to see the move towards renewable energy drop off a little, which should come as no surprise due to the lower wind power generation and lower solar power take up – while the use of gas is rising. This doesn’t mean that UK businesses are losing their appetite for green power, rather than the need for gas has risen due to the lower temperatures we have been experiencing. The National Grid uses gas-powered energy stations to bridge the gap between supply and demand at busy times, so when the weather is still and cloudy, gas can be used to plug the gap. What will happen for the rest of the year? As we head into the second quarter of 2021, there are no signs that energy prices will start to drop. So, if your business has been thinking about reducing your costs by using energy-efficient measures such as smart meters, now is the time to switch. Rising energy prices and the possibility of higher targeted charging costs means now is a good time to review whether your existing business gas and business electricity suppliers – which is where D-Energi can help.
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