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15 Jul

Are Yours the Cheapest Business Electricity Prices?

by Simon Thompson
 
It may appear to be a confusing question, but is your firm enjoying the cheapest business electricity prices currently available? If you haven’t switched providers in recent years, then the answer is likely to be ‘No’. That’s because your supplier will have moved you to an out of contract tariff, known as deemed rates, which can be up to 20% or 30% more expensive than prices being paid by new clients. And as all business owners will appreciate, controlling electricity costs is important to help boost profitability for a sustainable business. Finding the cheapest business electricity rates UK However, most energy providers will not publish a list of tariffs, so finding the cheapest business electricity rates UK can become complicated. Also, the prices available will vary depending on the industry you work in, how many employees you have and also where you are located. This means comparing tariffs between providers becomes more difficult but it’s not impossible. You could contact suppliers directly and then compare their deals which will need to be bespoke for meeting your needs to find the best offering. It’s always worthwhile calculating what a potential new deal will cost you over the course of a year to ensure you are getting a cheaper deal – you should also check for any hidden fees. Finding the cheapest business electricity supplier One of the issues in finding the cheapest business electricity supplier is the confusion used over some terminology. You will need to understand that the unit rate you pay is for the amount of electricity your firm consumes, while the standing charge is the amount levied for paying the National Grid to deliver energy. A busy business owner, you may believe you are accessing a cheap deal because the unit charge is much lower than what you currently pay without realising that the standing charge is more expensive. This means there are no savings. It may be that your firm also wants to source a supplier who generates renewable energy to help boost your business ethos and these providers are also available. For many firms, an effective way of sourcing the cheapest business electricity prices is to search the entire marketplace and utilise the experience and expertise of the D-Energi team to do this on their behalf and they will source the best deal available for meeting your needs.
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12 Jul

Appreciating Business Gas Prices Per Kwh

by Simon Thompson
 
When it comes to appreciating business gas prices per kWh (kilowatt-hour), the main issue to understand is the influences that affect the prices being quoted. Not every firm or organisation will understand that a supplier will need to offer a bespoke deal so the price being quoted for your needs may well be very different from the price being quoted to a business located next door. That’s because there is a range of factors, including wholesale price changes, that will affect how much you could potentially pay. These include: The geographic location of your business premises How many employees you have, plus future expansion plans The industry you operate in The average gas and electricity you consume annually. Other issues include how long the business gas supply contract will be as some suppliers will offer better rates for two or three-year long contracts. Compare business electricity prices per kWh Along with finding cheaper gas suppliers, you may be looking to compare business electricity prices per kWh (kilowatt-hour). There are a number of issues when sourcing electricity and gas suppliers and you must understand the price being quoted per kilowatt-hour. A supplier will detail the unit charges, which is the amount that you will pay for the actual supply of gas or electricity to your premises. This unit charge may well be lower than you currently pay so you may believe it is a cheaper deal. However, you also need to pay close attention to the standing charge being quoted and this is the amount being paid for delivering gas and electricity to your premises by the National Grid. It’s the standing charge that may well be much more expensive than you currently pay so your firm will not be making any real savings and, worse, could be paying much more. Business electricity prices per kWh between suppliers The other issue when you want to compare business electricity prices per kWh between suppliers is the question of a bespoke deal. Since a supplier must tailor their offering for meeting your business needs, their quote will be bespoke which means that comparing their offer with that from another supplier becomes more difficult. It also becomes time-consuming but the easiest way is to simply calculate how much a potential deal will be costing your firm over the course of the year. This is also an issue when you use a business energy comparison website because you’ll still need to negotiate directly with a recommended supplier, give them more details and then receive a bespoke quote in return. When it comes to appreciating business gas prices per kWh, and also electricity prices, the easiest way of understanding how the market works and accessing the cheaper prices is to speak with the D-Energi team.
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10 Jul

What Are Business Energy Prices Per Kwh?

by Simon Thompson
 
If your business is looking to switch a supplier to reduce costs, you may be asking, ‘What are business energy prices per kWh?’ This is a business exercise that could see you switching to a tariff offering a lower rate which will help reduce overheads. The process to switch is straightforward but you will need to appreciate how your business energy costs are calculated in the first place. There will be a range of costs but there are two that you should pay attention to which is the unit cost, this is the amount paid per unit of energy which is measured in kilowatt-hours (kWh). In addition, there is a standing charge which is the amount levied for paying the National Grid to deliver energy to your premises. Compare energy prices This is the first step to compare energy prices because when you find a deal with lower unit costs as well as standing charges, then you will be saving money on your firm’s energy bills. However, a busy business owner may not have the time to source various quotes and then you will need to compare the offerings between providers as best you can. That’s because the supplier must offer a bespoke deal which makes comparing these on a like-for-like basis a tad more difficult. Essentially, sourcing a business energy deal for meeting your needs is more complicated than supplying energy for our homes. Business electricity rates per kWh There is a range of factors that will influence the business electricity rates per kWh that a potential supplier will quote. These factors include: The industry you work in The size of the firm Your firm’s average annual energy consumption The location of your premises The potential length of the energy supply contract. All of these will have an impact on the cost per kWh unit plus the prices will be influenced by movements in the cost of wholesale gas and electricity. In addition, if you have expansion plans for the next year then you will need to mention this to a potential new supplier so they can tailor their offering accordingly. Some busy business owners may not appreciate the fact they will need to speak with a supplier directly to offer these details. This is also the case if you use an online comparison site as you will still have to speak with the supplier because they must create a bespoke deal for meeting your firm’s needs. If you would like more help and information about understanding business energy prices per kWh, then you need to speak with the experts at D-Energi who can source a cheaper deal and help with the switchover process.
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8 Jul

How To Carry Out A Business Energy Comparison

by Simon Thompson
 
If you would like to know more about how you can carry out a business energy comparison to find a cheaper deal, then this article will help. Firstly, there’s no need to be paying more than is necessary for your energy supply as the process to find a better and cheaper energy supplier for meeting your business needs is straightforward. There is a range of options when you want to carry out a business energy comparison exercise between suppliers and you should not restrict the search to the ‘big six’ suppliers who are familiar names. Often smaller suppliers who will offer substantial savings when you shop around for a new business energy deal. Undertake a business electricity comparison exercise For example, when you need to undertake a business electricity comparison exercise, then the options will be to: Contact potential suppliers directly and ask how much they will charge for meeting your business needs. Remember, you’ll need to appreciate that your geographic location and how many employees you have are among the details that will be crucial in the prices being offered. You could use a business energy comparison website that will search a number of suppliers but probably not the entire market. There may be other cheaper suppliers available. A third way is to speak with the D-Energi team who can search the entire marketplace on your behalf to find a better and cheaper deal than you currently enjoy. Business gas comparison exercise As with an electricity comparison, the same process can be replicated for a business gas comparison exercise. Again, the physical location of your premises, the number of employees and potential expansion plans will all have an impact on the prices being quoted. In addition, you may be offered the opportunity for signing up for a longer business gas contract which may deliver lower prices and for some firms this will be a suitable choice and may help with cash flow planning. Also, some suppliers may offer the chance of having an energy consultancy to help you reduce consumption levels, so your savings will be even greater. Some firms may save up to 30% and you will also be enhancing your environmental credentials by using less energy. It’s always good to have independent advice to find out how you can find cheaper and better business energy deals with a business energy comparison and this is where the D-Energi team can help.
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