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7 Dec

Why Your Business Energy Quote Will Vary

by Simon Thompson
 
Not every business owner will have the time and inclination to scour the energy market, but for those who do may be surprised at just why their business energy quote will vary hugely between suppliers. There are a number of reasons for this, including the size and location of your business and your energy needs. For most firms and organisations, their energy costs are likely to be a significant overhead, so checking every year to ensure they are not paying more than is necessary for their needs is a crucial business tactic. However, trying to compare the price of electricity and gas between potential suppliers is not always straightforward and you will also need to appreciate what your energy bills consist of. Looking for a new business electricity quote So, whether you are looking for a new business electricity quote because your current provider has been in touch with details of your next year’s contract, or if you’ve been moved across to a ‘deemed’ contract because you were late in switching providers, then you will need to act quickly. The marketplace for supplying business electricity is a competitive one, and while you could contact suppliers directly there are comparison sites available as well. However, you will need to understand what type of contract is being offered and appreciate the difference between unit rates and standing charges to negotiate a better deal. Essentially, the unit rate is the amount you pay per unit of electricity while the standing charge is an amount charged every day for supplying electricity to your premises. One tip here is that while a potential supplier may offer cheaper unit prices, their standing charge may be much more expensive, so you will not be making a saving. Searching for a new business gas quote This issue also extends to those who are searching for a new business gas quote and all firms will need to understand their business energy contract. There are several options available for contracts, including those offering a fixed rate, so the price is agreed on the length of the contract, which could run for one year or have cheaper rates for signing up for two or three years. Also, for those who are looking to use a comparison site, these will only get you so far but do give a good idea for benchmarking your firm’s potential energy costs. However, the comparison site may not be searching the entire marketplace and you will still need to contact a supplier for a bespoke quote to get a price that will reflect the amount of energy you use. For more help and advice about why your business energy quote will vary between providers, then you need to speak to the experts at D-Energi who not only understand how the market works but who have access to all the suppliers.
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5 Dec

Are Your Business Gas Rates Correct?

by Simon Thompson
 
Do you know whether your business gas rates are correct and, if not, how would you go about rectifying the situation? For those firms who have never bothered switching their business gas supplier, then they have probably been moved across to a ‘deemed’ contract automatically where the prices tend to be dearer than those being charged for new customers. Alternatively, your firm may have been signed up to a bespoke deal that doesn’t really meet your circumstances and you may have been paying more than is necessary. It is possible to access an energy consultancy service from a new supplier and the consultant can check your recent gas bills to see whether you’ve been paying too much and then help recover the money. Sourcing a new business gas supplier There is also help available when it comes to sourcing a new business gas supplier and to enjoy the best business gas tariff available. By shopping around, you can reduce your firm’s gas bill substantially since the tariffs being charged will be based on how much energy your firm uses, the size of your business and its location. It’s also important to appreciate that there are two types of contract available; the first is a fixed tariff so you agree the gas price per unit for the entire length of the contract. Or you could sign up to a variable gas tariff so the price per unit of gas that you pay could rise or fall. It may be a good idea to speak with someone who understands the difference between the two contracts and find one that best meets your needs. Pros and cons of various business gas tariffs The team at D-Energi are business gas experts and will talk through the pros and cons of various business gas tariffs and help you understand why the size of your business is important when negotiating a deal. That’s because a larger firm will be needing a specific tariff, for example, a restaurant will need gas for powering large kitchen equipment, whereas a newsagent may only need gas for hot water and heating their premises. Also, the location of your business has a big effect on tariffs that you can access since not every supplier will offer the same deal around the UK. For those firms with several premises, you could switch to a single supplier and have one gas bill to pay. For more help and information about finding out whether your current business gas rates are correct and to look at the prospect of what other deals are available in the marketplace for your business needs, then it’s time to contact the experts at D-Energi.
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3 Dec

How to Save with Half Hourly Electricity Deals

by Simon Thompson
 
For large business users of energy, an effective way to reduce overheads is to save with half hourly electricity deals. One way of doing this is to have these half hourly – or HH – meters installed to enable business electricity customers to obtain more accurate bills. That’s because their electricity usage is being recorded and sent to their supplier every 30 minutes, hence the term half hourly meters. Most big users of electricity will have these meters already. Also, larger businesses tend to have unique energy needs and, for example, they may be using heavy equipment or running production lines to higher levels than a smaller counterpart will do. Search for half hourly electricity prices In the search for half hourly electricity prices, then your business and a potential new supplier can access the data of your electricity usage to put together a bespoke offering. Since a supplier will be able to understand the detail of how a firm is using electricity, they can then offer a flexible contract that is tailored to their unique needs. As a result, large business users of electricity will be able to budget with some certainty over agreed energy prices or they could still opt for a variable price contract. If you own a large business and are wondering whether you have HH meters installed then you should check with your supplier. It’s also possible for a new supplier or a broker to offer a consultancy service that will check whether you have been overcharged previously for your electricity usage and the consultant can start the process for a refund. A consultancy will also help your firm reduce the amount of electricity it uses to help deliver real long-term savings. Attractions for half hourly electricity suppliers One of the big attractions for half hourly electricity suppliers is that they will be able to calculate peak times for energy use and recommend cheaper non-peak times to help lower bills. Also, half hourly meters ensure that the firm is paying the correct amount at all times for its electricity usage. Sourcing a half hourly electricity quote means checking with suppliers directly, but they can vary hugely in their offers or a firm could speak with experts who understand how the half-hourly electricity supply market works. That will mean contacting the friendly team at D-Energi who will be able to explain more about half hourly electricity deals and find a bespoke quote to help you reduce your firm’s overheads.
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30 Nov

Switching Your Business Electricity Supplier to Save

by Simon Thompson
 
When it comes to reducing your firm’s overheads, then switching your business electricity supplier can save you a substantial amount of cash. It’s important for most firms to be competitive in their marketplace, so they will need to source a low-cost energy deal from a supplier. Not only will your firm minimise outgoings but boost profits by ensuring that you are not paying more than you need to for your energy needs. However, you’ll need to appreciate when your business energy contract is up for renewal and use this window of opportunity to shop around for a new provider. There are some big savings to enjoy when comparing and then switching energy suppliers and it’s not the daunting task that some business owners will believe. Cheaper business electricity rates Sourcing cheaper business electricity rates can be done easily by using a price comparison service which will use your details to find a better offer from a select number of suppliers. The most obvious downside to using a price comparison service is that they may not be searching the entire marketplace, but you could contact suppliers directly to find a deal. However, this can be a time-consuming and often confusing process when trying to compare offerings between suppliers that will best meet your needs. Since business energy contracts run for a fixed period means a firm will need to be organised to switch in the window or risk being moved across to ‘deemed’ rates, which tend to be dearer than those offered for new customers. The best business electricity prices for your firm There are a number of ways to enjoy the best business electricity prices for your firm and one way is to speak with the D-Energi team who can search the entire marketplace to find the best deal for you. They can also take care of the switchover process and there’s no loss of energy supply when this is undertaken. Before switching, you may also need to appreciate the length of the deal being offered, which could be anything from one to five years and the types of tariffs available. Some suppliers will offer a higher unit rate but no standing charges, while others may offer a cracking deal with a low unit rate but higher standing charges. This means that there may not be any real savings to be had and you could end up paying more than you currently do. If you are looking to switch your business electricity supplier to save, then it will pay to speak with the experts at D-Energi who can explain more about your options and take care of the switchover process.
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