contact-banner

D-ENERGi Blog

Main Form


15 years of experience
15 years of experience
15 years of experience

14 Sep

How to Compare Business Electricity Prices Per kWh

by Simon Thompson
 
There is no easy way to compare business electricity prices per kWh as there is no standard price for it at the moment, so it can be difficult for businesses to know how much they should be paying. Having said that, there are some figures available out there that try and show what the average number of kWh business may use on average on annually, by business size, which is a good place to start: A Micro Business (employs less than ten people) will probably use around 8000 kWh a year A Small Business (employs between ten and fifty people) will probably be around 20,000 kWh per year A Medium Business (employs between fifty and two hundred and fifty people) will probably use around 40,000 kWh per year A Large Business (employs over two hundred and fifty people) will probably use around 60,000 kWh per year   Research has shown that Small and Medium businesses tend to pay between 2.9p and 3.4p per kWh but have a higher standing charge of approximately 70p a day. Lower prices for kWh tend to be reserved for those companies that are using 100,000 kWh or more. As you can imagine, the business electricity prices per kWh can vary dramatically depending on which energy company your contract is with, as well as how many kWh you are using. This is why it is best to compare your annual bill when looking at switching suppliers, rather than just focusing on the absolute rates. Make sure you have your past years’ consumption data to hand when you are comparing prices so that you get a truer picture of what the overall price might be. It is important to keep in mind as well, that the price per kWh is not the only cost you will see on your bill, you will also see a standing charge – which is paid at a daily rate regardless of how much energy you actually use. You will also see taxation charges as well, such as VAT and CCL (Climate Change Levy). Keep in mind as well that business gas prices per kWh tend to be lower than business electricity prices as well. If you are thinking of switching business electricity or gas supplier, then contact the team at D-ENERGi as we can help make the process much simpler.
Read Article
24 Aug

How to Compare Business Energy Prices Per kWh?

by Simon Thompson
 
When you are looking at your business energy bills it is important to remember that although there are a wide variety of costs that go into making them up, the two critical ones are: Standing charge. The fixed amount you are charged on a daily basis, regardless of how much energy you actually use Unit rate. The price you pay per unit of energy used, usually shown as kWh – these are the costs that will vary each month But what do you need to know when you are looking at business energy prices per kwh? What does kWh mean? kWh is the abbreviation of kilowatt-hour – a measure of energy that is equal to 1000 watts being used for an hour. Every appliance that is used in a business has its performance measured in watts, and you should be able to find the wattage of an item on its packaging or label. What is the average cost of electricity per kWh? When we are looking at business electricity rates per kWh the rates paid tend to vary by region, but the average cost within the UK is around 14.40p per kWh. This compares to around 20.58p per day on average for the standing charge within the UK – although again there are differences in regions. How do energy providers use kWh information? When your chosen energy supplier is calculating your energy bill, they will look at how many kWh of electricity and gas you used over a set period of time and then multiply this by the price per unit set in your agreed tariff. They will also multiply the number of days covered by the billing period by the daily standing charge and then add this cost to your kWh cost to come up with the total amount owed. What other costs are included in your business energy bill? On top of the costs of the standing charge and kWh price, you will probably also pay taxation costs such as VAT (at a rate of 20%) and the Climate Change Levy (CCL) as well. This is why when you are comparing business energy suppliers it is best to compare the cost of your annual bill rather than just the rates. You may find a supplier with a cheaper kWh price, for example, but they may then have a higher standing charge which you have to pay. If you use your consumption data for the past year as a guide, you will have a much better idea of overall costs. If you are looking to compare energy prices then the best way to do it is to contact the D-ENERGi team. You don’t need to waste any time going from supplier to supplier to find the best quote, we will take care of all of that for you.
Read Article
27 Jul

How to Find the Cheapest Business Gas Rates

by Simon Thompson
 
Every type of business, whether small or large, local, or a global multi-national, faces the same kinds of financial challenges. Making smart decisions about how they spend their money is critical for business success. However, these smart business decisions can sometimes come in parts of your business you didn’t think they would – such as when it comes to looking at your business gas rates.  Did you know, your business could save hundreds of pounds by just simply switching your business gas supplier? Why should you switch your business gas supplier? Running a successful business is not an easy job – you will find yourself undertaking multiple tasks on a daily basis – and spending money wisely is just one of these tasks. This can leave you with not a lot of time to think about whether your existing business gas supplier is the right one for you. However, switching business gas suppliers doesn’t have to be as time-consuming as you might think. All you have to do is contact the team at D-Energi, and we will undertake the search for you. Once we have searched, we will call you back to offer you the best quotes in the market place. You can then look through them, decide which is the right one for you. There is no obligation for you to switch, but you may find that you save hundreds of pounds if you do. You shouldn’t only consider the financial benefits of switching, but also: Whether your current supplier offers you the customer service experience you expect Whether your current supplier reflects your business values when it comes to sustainability Is your current supplier reliable at offering you the support you need?   What information will you need to get the best quote? If you are thinking about switching your business gas supplier but don’t know where to start, the D-Energi team is here to help. All you will need is: Business postcode Current business gas consumption Date your existing contract is due to end Existing business gas suppliers name Your meter number   Don’t worry though, all of this information should be easy to find on your latest business electricity bill. So, get in touch with the D-Energi team today and take control of your spending on business gas. We make it as easy as 1,2,3.
Read Article
13 Jul

How to Compare Your Business Electricity Supplier

by Simon Thompson
 
Comparing your business electricity supplier, and their tariffs are generally more complicated than comparing domestic electricity suppliers. This is because there are a lot more business electricity tariffs out there than there are domestic ones. So, finding the right business electricity plan for you will depend on the type of business you have, as well as its size and location. For this reason alone, it is essential that you compare several quotes before you decide which is right for you. Here are some things you need to keep in mind when comparing business electricity suppliers: Average Price per kWh for business electricity The UK Government has set different rates in p/kWh depending on the size of the business, and at the moment (July 2020) they are: Very small business: 16.09 p/kWh Small business: 13.95 p/kWh Small/Medium business: 12.44 p/kWh Medium business: 11.51 p/kWh Large business: 11.25 p/kWh Very large business: 10.01 p/kWh Extra-large business: 9.68 p/kWh   So, on average the price per kWh for business electricity is around 11.66p/kWh. This is important to know, especially if you are a small business who is paying more than 13.95 p/kWh for example, as you will then know that you are paying more than the average. It is important to remember, though, that the Government themselves has said “the average price of electricity (including CCL – climate change levy) has risen by 8% in real terms over the past five years and by 4.6% on the previous year.” The difference between unit rate and standing charge Business electricity prices tend to be made up of two separate charges, and these are: Unit rate. The price you pay for the electricity you use – usually given in kWh. Makes up the bulk of what you pay for electricity Standing charge. The price you pay for your business to have access to electricity – usually priced in pence per day.   When you are comparing business electricity suppliers it is important to take note of the standing charge, and not just the unit rate. Although the unit rate will have the biggest impact on your bill, the daily standing charge can also make a big difference to the amount you will pay. Should I switch business electricity suppliers? If you have looked at the average business electricity rates listed above and realised that you are paying more than average then you definitely should consider switching suppliers. It is a relatively easy process to undertake if D-Energi helps, and you shouldn’t see any effect on your actual supply. The best way to get the cheapest business electricity rates is to get the D-Energi team to take a look at the best quotes on the market on your behalf.
Read Article