You can’t have failed to notice that there is currently an energy crisis in the UK, with business electricity and business gas prices set to rocket. Here’s what you need to know. The energy price cap has helped to keep domestic energy rates low for the past few months, but this doesn’t apply to business energy, unfortunately. This is why there have been some wild variations in the business gas and business electricity prices that suppliers have quoted over recent weeks. The reason why there have been recent price hikes for both business electricity and gas is due to the fact that wholesale energy prices are currently at record high levels. This is not a new situation, energy market prices are always moving up and down, but the price we are currently seeing are really high and also quite volatile, making it difficult to predict what they will be from one day to the next, never mind in twelve months’ time. Why are wholesale energy prices so high at the moment? The rise in energy prices is a global issue and it has been caused by some unexpected, but far-reaching reasons, including: A higher than usual demand for liquefied natural gas (LNG) from Asia has led to lower LNG availability for Europe An increase in demand for energy in general as lockdown restrictions have eased across the globe Delays and complications with the Nord Stream 2 pipelines, linking Russia to Europe and bypassing Ukraine Gas shortages across Europe in general, thanks to the prolonged cold winter of 2020/2021 which put a drain of gas supplies   What is affecting the UK in particular? These reasons have put us in a global energy crisis, but on top of this the UK itself is also suffering from: A fire at a National Grid site in Kent knocked out a power cable used to import electricity from France to the UK, which is not expected to be back up and running until 2023 Low winds mean less renewable energy generation Outages at some Nuclear Power stations mean a higher percentage of gas being used for electricity production than normal The fact that UK has some of the lowest gas reserves in the whole of Europe, so we have almost no way of stockpiling gas until we need it   With all of this in mind, what is the best way to make sure you are paying a fair price for your business energy? Well, the best way to find the best business energy deals is to contact the expert team at D-ENERGi. We just need a couple of details from you and then we can trawl the business electricity and business gas suppliers UK to find the best tariff for your business in minutes.

Paying the cheapest business electricity rates UK is the dream for many UK business owners, as it not only gives them the best value for money but at a reasonable price too. Business electricity is a crucial component of every business’s day-to-day operation, but it can be a very expensive component especially if you rely on many heavy machines on a day-to-day basis or have a lot of branches to run. So, how do you go about finding the cheapest business electricity prices then? One of the best ways to ensure you have the best business electricity deal for your particular business is to look at the offers from all of the business energy suppliers in the UK. Having said that, this can take a lot of time and effort in order to get all of the necessary data you need to be able to compare them all side by side effectively. You will not only need to visit each individual website of the business electricity providers that you are interested in knowing more about, but you may also have to contact them as well if their rates are not clearly listed on site. However, if you are clever, you will let someone else do all the hard work for you, i.e., the team at D-ENERGi! We can do all of the research for you, and advise you on the best deals for you – taking into account many different factors. We can not only help you to cut a great deal with your chosen business electricity provider but we can also advise you on ways to reduce your energy consumption in your business in general as well. D-ENERGi has become one of the longest established and well-respected independent energy solutions provide in the UK. We have worked with businesses of all sizes from small individual care homes to larger care home groups, and have experience in a wide range of other sectors as well. We help small, medium, and large businesses reduce their business energy costs by offering the most competitive business energy rates and prices in the UK. If you are interested in finding out more about our business energy service and how we can connect you with the cheapest business electricity supplier, then please get in touch, either by the contact us form on our website or by calling 0800 781 7626.

If you are running a business, then you will want to be able to easily compare business electricity prices per kWh to ensure you are not paying too much – as this could have a huge impact on your bottom line. After all, business electricity and gas are essential utilities to keep your business going, but this doesn’t mean you should let your energy spending get out of control. When it comes to comparing business gas or business electricity prices per kWh then you need to be aware of a few things before you commit to a certain provider and contract, including: What are business electricity rates? Different utility providers will have different ways they use to calculate your total business energy bill, and understanding these different ways will help you to decide which one is best for you and your particular business. The three main rates are: Fixed-rate – this means you can expect a very similar electricity bill every month as your total consumption is being calculated at a constant rate throughout your contract. Flexible rate – your rate will vary depending on market trends, and so some months may see you paying more for your energy than other months Half hourly electricity – a smart meter is used to record your specific energy usage and send it to your energy supplier at half hourly points throughout the day.   Each of these rates has its pros and cons. The biggest benefit of a fixed rate, for example, is that you always know what your rate is, whether the business energy market fluctuates wildly or not. However, the other side of this is that if rates do drop below your fixed rate, you won’t benefit from any reduction in costs. This is where the benefit of a flexible rate comes in as if utility costs drop so do your bills. However, on the flip side of this, your monthly payments will also go up if the cost of utilities goes up. The benefit of half-hourly electricity is that you always know how much you are spending on business electricity and so can make adjustments to your usage quickly. However, it does also mean that your energy provider may decide to charge you higher rates at peak hours as well. The easiest way to find out the best business rates for both gas and electricity is to contact the team at D-ENERGi. We can quickly compare business electricity and business gas prices per kwh – saving you both time and money.