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

23 Aug

How Do I Know When to Switch Business Energy Supplier?

by Simon Thompson
 
When should I switch my business energy supplier? There isn’t a specific time, unfortunately, when it is best to switch business energy supplier. Each business is individual and has different requirements, different contract dates, different costs, and different business energy meters. When you want to compare energy prices, keep in mind that the switching window for each business will be different, and also dependent on a wide variety of factors. Why is it important to know your business energy prices per kWh? If you are not well versed in your business energy contract and don’t know your business energy prices per kWh, then it can end up costing you dearly. If you don’t know the right time to switch for example, then you may end up rolling over to a much more expensive contract – that tends to be 80% pricier than normal contracts. It may surprise you to learn that as many as 10% of UK businesses are locked into these contracts and paying more than they should. Why do I need to switch my business energy supplier? There seems to be a widely held opinion that energy suppliers will offer you a bonus for not switching, and this is generally not the case. Any offer you get for contract renewals will not factor in existing ties with your supplier, so it is definitely worth shopping around. Individual business energy suppliers will offer individual options, so you need to consider them all carefully to work out which is the most relevant to you and your business. The best business supplier for you is the one that will take care of all of your business energy needs and provide you with a reliable service. Supplier offers change on a regular basis as the market is always fluctuating, so it is worth comparing the market on a regular basis to see the quotes available to you at that time. This is something that the team at D-ENERGi can definitely help with. When is the best time to switch business energy supplier? There is usually a short window of time when it is best for UK businesses to take advantage of a cheaper energy deal – and this is usually just before their current contract expires. To find out if you qualify for a cheaper business energy contract, make sure you know your business electricity rates per kWh and then get in touch with D-ENERGi.
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16 Aug

3 Things to Keep in Mind When Doing A Business Energy Comparison

by Simon Thompson
 
Business owners across the UK are becoming more aware of how easy and quick it is to switch business energy suppliers. However, here are three things to keep in mind when you are doing a business energy comparison: There are lots of energy supplier switches going on all over the UK on a daily basis. A recent report by Energy UK, for example, revealed that in the month of April 2021 over 650,000 customers switched their energy supplier, and around 100,000 of these were business customers. These numbers show that more and more people are becoming aware of the cost-savings benefit of switching business energy supplier, and how easy it is to do with the help of the D-ENERGi team. The variety of deals and offers you can access by completing a business electricity comparison, for example, are really enticing people to make a change. Are you thinking of completing a business energy comparison, to see if you could save? Then, keep these three things in mind: #1 The market and changing energy prices It is definitely worth paying attention to the price of electricity and gas when you are shopping around for a new business energy contract. Gas and oil prices are spiralling at the moment, and this is forcing energy suppliers to pay more, which means you then have to pay more. You should also take into account the fuel mixes your business energy supplier uses as well, as fluctuations in government regulations and the market favouring certain energy resources will have implications on the price of your energy. #2 Price per unit and standing charges Sometimes people can fall into the trap of thinking that they only have to pay for the energy that they use and fail to take into account the standing charge as well. The variable unit price per KWh on your bill is the price you pay for the energy you use, whereas the standing charge is the fixed fee that you pay to be connected to the energy grid. Both of these prices can vary from region to region throughout the UK. #3 Know your business energy tariffs The type of business energy tariff you choose will affect the type of business energy contract you sign with your new supplier. Fixed-rate tariffs tend to be the cheapest, for example, and they last for a fixed period of time meaning regardless of any price hikes in the market, your tariff price will stay the same. Variable tariffs, on the other hand, change according to the market demand. This means if the market price is low, your tariff is low – however, if the market price soars, so do your tariff. Think carefully about what type of tariff will be best for your business, and then get in touch with the team at D-ENERGi to walk you through the business electricity and business gas comparison process.
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9 Aug

How to Save On Your Business Energy Quote

by Simon Thompson
 
Saving on your business energy quote can improve the economic outlook for your business as well as improving the environment. Read on to find out more about you can save on your business energy quote. It is more vital than ever at the moment, for businesses of all sizes to ensure their finances are stable. It shouldn’t come as a surprise, either, that business energy costs are a significant overhead for most companies – however, they can sometimes be at the bottom of the list when looking at ways to reduce outgoings. Let’s take a look at some of the ways, businesses of all sizes can potentially reduce the cost of their business electricity and business gas quote: #1 Check out the business energy deals on offer The easiest way to save money on your business energy is to look at all of the deals available, and then pick the best one for you. Many businesses fail to realise this, with research showing that 46% of small businesses don’t review their options at the end of their contract – meaning they are paying significantly more than they should for their business gas and electricity. When an energy contract comes to the end, many energy suppliers will just automatically roll business customers onto a more expensive deal – but this can be avoided if you sort out a cheaper deal before the end of your contract. At D-ENERGi we have built up strong relationships with many of the main business energy suppliers, and so are able to offer you accurate quotes based on your consumption data and helping you to make the most of your energy budget. You don’t even need to negotiate with any of the business energy suppliers – we do it all for you. #2 Consider smaller supplies, and not just the “big six” A lot of business owners fall into the trap of thinking that their business energy has to come from one of the “big six” suppliers – Centrica PLC (British Gas), EDF Energy, Eon UK, RWE Npower, Scottish and Southern Energy, and Scottish Power. However, despite the fact that these companies have the biggest market share, they are not the only energy suppliers out there. There are lots of smaller business energy suppliers who are already having a big impact on the business energy market, providing the “Big Six” with some competition and driving down prices, which offers you the best potential for greater savings. #3 Reduce your business energy consumption The simplest and well-proven way of reducing your business energy bill is to reduce your consumption. Heating and lighting account for a large portion of most business energy costs. Turning your heating down by just one degree could save you 8% on your heating costs. And it has been estimated that using energy-efficient lighting could reduce your annual business electricity bill by 66%. If you want to reduce your business gas and business electricity quote, then get in touch with the team at D-ENERGi.
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