12 Jul
Appreciating Business Gas Prices Per Kwh
Posted on Jul 12, 2019 by D-ENERGi
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.
Making one of your employees an energy champion can be a very effective way of controlling energy costs and the Carbon Trust has published a number of tips for how to make the best of such a role.
They include: Reporting energy waste they notice, such as equipment left on unnecessarily.
Ensuring equipment and machinery are well-maintained and working efficiently.
Contributing and gathering ideas for improving the way things are done.
Testing and implementing new processes.
Communicating good practice and being an ambassador for change.
It’s also vital that your energy champion has the visible support of top management and all the necessary resources they need to be effective.
According to the Carbon Trust approach, the energy champion should: Be the eyes and ears for energy wastage.
Be responsible for reading meters and checking fuel bills.
Develop a weekly or monthly checklist of duties.
Consider forming an action team to report on progress and encourage further action. A good way of identifying waste initially is to stage an energy walkabout. Because your energy usage patterns will vary throughout the day, the walkabout times should be varied to match, for example, when the cleaners are in, at lunch, and at night or over weekends.
From these walks, your energy champion can identify where energy is being wasted and the possible reasons. Is it a lack understanding, are procedures being overlooked, is repair or necessary to reduce energy costs, or there is a need for capital investment.
We’re proud business energy suppliers with a passion for supporting companies of various sizes, whether with competitive gas tariffs, electricity or 100% UK wind power. Contact our team today to learn more.
We’re proud business energy suppliers with a passion for supporting companies of various sizes, whether with competitive gas tariffs, electricity or 100% UK wind power.
Contact our team today to learn more.
Read Article Finding Cheap Business Electricity
Finding cheap business electricity can be challenging when every supplier offers such competitive rates. This is why you should make the effort to shop around and receive as many quotes as you possibly can. Although this may be a chore, it is regarding one of the main factors within your business – money.
Ofgem Recommendations
The leading regulatory body, Ofgem recommend that you shop around for electricity rates, at least every three years to ensure you are being delivered the best tariff for your business electricity needs. When we say shop around, we mean the whole market. Do your research, look into energy suppliers that you may never have heard of previously, and try to look further into suppliers that don’t fall under The Big Six.
We are only a phone call away…
If you are looking to seek consultancy with regard to your electricity, D-ENERGi can review your electricity and advise you on what is best for you and your business when it comes to electricity. Please don’t hesitate to give us a call at 0800 871 7626 to speak with one of our experienced Account Managers in-house to help you understand your electricity as opposed to developing knowledge in generic electricity rates. Every business’s electricity needs are highly unique and you should not feel as though there is only one route you can take.
Hidden costs in electricity
Something that isn’t outlined by every supplier is the fact that there are several other charges that relate to electricity supply. We like you to be involved and we want you to have a 100% understanding on just where your electricity budget money is heading.
Some electricity quotes can be referred to as a mine field quote which can be presented in many different manners and can prove to show hidden costs. We can give you a cost analysis penny-to-penny of what and where you are spending your money on your business electricity.
P272
P272 is a new regulation given by Ofgem which affects around 167,000 businesses. P272 is mandatory and affects the way all electricity suppliers settle electricity consumption for businesses within a specified energy use. This will result in sites being migrated from non-half-hourly meters (NHH) to half-hourly meters (HH), and enable suppliers to produce more accurate bills.
More information and an infographic regarding P272 can be found here. If you would like to read our blog on P272 this can also be found here.
Get competitive rates today with a free quote
If you wish to seek electricity or any energy consultancy we are here until 5.00 pm every day ready to answer any questions you may have. Please call 0800 781 7626 for further information.
You can receive a free, no-obligation quote here and start to compare electricity rates today!
Read Article