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18 Jan

How to Enjoy Low Business Gas Rates

by Simon Thompson
 
If you want to enjoy the lowest business gas rates available, then you’ll need to do some homework first. That’s because the UK’s business gas supply market is extremely competitive and depending on your location and needs there will undoubtedly be a cheaper deal available. It’s just a question of finding it. While you could contact business gas suppliers directly, this is obviously time-consuming and if you restrict your search to the ‘Big Six’ energy suppliers, you may find their offers are fairly similar. Find a business gas supplier You could use a comparison site to find a business gas supplier and compare their offerings, but the site may not be searching the whole market so you will probably miss out on cheaper, better deals. Also, don’t be baffled by industry jargon and you will need to calculate what a new supplier is offering with their unit rate and standing charge. Be wary of an offer with much lower unit rates as this may have a higher standing charge to compensate. The best time to search for a new business gas supplier is when your current contract is due to end as this opens a window of opportunity to move providers. Failing to do this may see you being rolled onto a ‘deemed’ contract, which tends to have higher rates, and you may be tied into this new contract for 12 months, depending on the size of your firm. Searching for cheaper business gas bills Another tactic when searching for cheaper business gas bills is to opt for a longer business energy contract. Most suppliers will offer a one-year deal but it is possible to access deals of two and three years and potentially up to five years. This will help some firms with cash flow and business planning. However, you also need to appreciate that once you agree to switch there’s no ‘cooling off’ period, as there is when arranging energy for our homes, and if you cancel a new contract then there may be a penalty to be paid. The other important consideration is that when it comes to switching business gas supplier is the fact they will offer a contract that is tailored to your needs. So, as such, there is not really an off-the-shelf offering which makes comparing different contracts on a like-for-like basis more difficult. Thankfully, there is help at hand and the D-Energi team can explain more about how you and your firm can enjoy low business gas rates by simply switching providers.
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16 Jan

Your Firm’s Half Hourly Electricity Prices

by Simon Thompson
 
Since growing numbers of firms and organisations have half hourly or smart meters installed, it makes sense to understand what half hourly electricity prices are available. The easiest way to reduce electricity costs is to switch supplier and since half hourly meters record the energy used every 30 minutes, you can access this information to find out when your peak periods of use are. Having this refined data about your firm’s energy consumption is also useful for a new supplier to quote for your needs. Switching is a lot easier than many firms appreciate and you need to check your current business energy contract to see when you can move to a new provider. New half hourly electricity suppliers Before switching to new half hourly electricity suppliers you should take the time to work out how much electricity you are using and when. This data will be crucial in choosing the correct tariff since you will need to understand unit charges and also standing charges. Essentially, for those who are high energy users, it may not be the cheapest option to switch to a supplier offering lower unit rates without taking into account the standing charge, which may be much higher and affect the overall contract cost. There also needs to be a discussion of whether your firm wants to be tied into a longer-term energy supply contract since these may offer cheaper prices and, should prices rise, help protect you from increasing costs. These contracts can run for two or three – and sometimes up to five years – which may help with cash flow planning and bring peace of mind for many firms. Business half hourly electricity supply market The business half hourly electricity supply market is a competitive one and you may need help in searching to source the right business tariff for your needs. There are energy comparison and switching services available to help to make comparing the various energy packages a lot simpler but these may be confusing to use and a comparison may not be searching the entire market to find the best deal for you. Perhaps the best way is to contact D-Energi and explain what you would like from a new electricity supplier and let the team find the best possible deal available. They can also help with the switching process, so there is a seamless transition between providers. If you and your business want to know more about half hourly electricity prices and switching to a new supplier, then it’s time to contact the friendly team at D-Energi.
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14 Jan

Why You Should Read Your Business Electricity Meter

by Simon Thompson
 
There are some very good reasons why you should read your business electricity meter and the main one is to ensure that your bill is as accurate as possible. Your energy provider will usually appoint a meter reader or data collector for collecting these meter readings. There will be, however, times when they are unable to access your premises, or they may not take a reading during one quarter. This could be because your premises are hard to reach and you will need to submit meter readings of your own. Correct business electricity rates It’s also a good idea to keep meter readings anyway, even if the provider sends someone to read it, to ensure that you are on the correct business electricity rates from your supplier and to check they are not making any mistakes with their billing. For those with a digital business electricity meter then you need to read the numbers from left to right but ignore the final red number. For those firms who may have more than one electricity contract, for example, they may have separate day and night rate tariffs then these numbers will need to be recorded separately. The meters will probably be clearly marked for which reading is relevant, whether it’s a day or night tariff. If your meter has dials then you will read the numbers from left to right and also ignore the final last red number. Most of these meters will have six dials but it’s only the first five dials that will make up the meter reading and should a needle be placed between two numbers, then it’s the lower number you need to record. Business electricity supplier Your business electricity supplier may have installed an electronic meter and these modern versions will display the reading and again you only need the first five numbers on the left and the display will also show the rate that you are on. It’s a good idea to get into the habit of recording your business electricity meter readings every month so you can keep track of how much energy you are using and help ensure your provider is billing you correctly. Mistakes can happen with billing unless you are on a half hourly meter with the data being sent every 30 minutes to the provider, so having the information to hand may prove useful. If you would like to know more about reading your business electricity meter on a regular basis and to use the information to access cheaper electricity deals, then it’s time to speak with the experts at D-Energi.
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11 Jan

Save When You Switch Business Energy Providers

by Simon Thompson
 
The UK has many micro-businesses who could save money on their overheads by simply switching their business energy providers. Also, it is easier for these small firms to switch than it is for larger firms and organisations. The best time to source a new energy contract is while there are more than 30 days still remaining on your current energy contract. This is when the current supplier will get in touch, usually around 60 days before the contract is due for renewal, to inform you what your next year’s rates will be. New business energy supplier The idea of having this information will then put the micro-business owner in a better position to negotiate a better deal with their current business energy supplier or search the market for a better deal and sign up to a new deal. This may appear to be time-consuming but it will be time well spent because the potential savings can be substantial by simply swapping your firm’s energy providers. For those micro-businesses who have signed up to a fixed term contract, then the end date of this contract, and any notice period will be detailed on the bill. The business owner can inform their current supplier before the notice period begins that they are switching to a new provider. Great business energy prices available There are some great business energy prices available for micro-businesses which are usually those firms that have fewer than 10 employees and a turnover of less than £2 million. Also, a micro-businesses is defined as using less than 100,000 kWh of electricity annually and also less than 293,000 kWh of gas. Under Ofgem rules, a micro-business is no longer restricted when it comes to arranging a new energy deal with the rigid timeframes that are imposed on larger firms. This means that while bigger firms have a specific timeframe to act in, this window does not affect micro-businesses in the same way. This also means that when a business or organisation miss this window of opportunity they are usually rolled onto a ‘deemed’ contract which tends to be more expensive and will run for at least another year. If you would like more information about how you can switch business energy providers and reduce overheads for a micro-business, then it’s time to speak with the friendly experts at D-Energi.
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