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31 Jan

The Impact of Brexit on Business

by Simon Thompson
23 Jan

How to Carry Out A Business Electricity Comparison

by Simon Thompson
 
Since electricity is a key utility for most firms and organisations, it’s important to carry out a business electricity comparison exercise to ensure you’re not overpaying for this. There are simple steps needed when looking for a new business electricity supplier and how to switch to their service. Firstly, finding the best tariff deal that will meet your firm’s needs can be tricky but using the expertise and experience of D-Energi means the process becomes much simpler. You will need to appreciate that when you compare business electricity prices there are several factors that suppliers will take into account including the size of your premises, the number of people in there and how much electricity you consume. The location of your business will also have an effect on the prices being charged. A business energy comparison The other big issue when a firm undertakes a business energy comparison is understanding how the bills are made up. This means there is a need to appreciate that the ‘unit cost’ is the amount paid per unit of electricity or gas that is used by a business. It’s measured in kilowatt hours or kWh. There’s also a standing charge, which is the fee levied every day to help maintain the National Grid and cover the costs for delivering electricity and gas to your premises. Business gas comparison exercise As with sourcing a new electricity provider, when you begin a business gas comparison exercise you will have to appreciate that the energy prices being quoted are based on wholesale costs. However, these will vary from day-to-day and they can be difficult to predict and will, inevitably, increase during cold winter months. Essentially, while business prices tend to be less expensive than for our homes do not forget VAT is charged at 20% and not at 5% as for domestic dwellings. You also need to appreciate the difference between a fixed rate and a flexible tariff when you begin a comparison exercise but you could access the experience of a team that deals with this issue every day. The other big advantage for doing so is that they will have access to every supplier and will be able to get the best prices when doing so. This means contacting the friendly team at D-Energi who can help you carry out a business electricity comparison, and also for gas, to ensure you access the best deal possible to meet your everyday business needs.
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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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2 Jan

How to Compare Business Energy Per kWh

by Simon Thompson
 
The energy costs for your business or organisation is made up with unit rates which is the price you pay for each unit of energy so you will need to compare business energy per kWh (kilowatt hour) deals between providers. Also, you will need to take into account the standing charge, which is an amount that goes towards paying for supplying electricity and gas to your premises – usually calculated on a daily basis. However, comparing business electricity and gas tariffs per kilowatt hour can be complicated because you will be looking at separate quotes from providers for these utilities. This will then make it more difficult working out which is the best value deal for your firm’s needs but looking at the price per kilowatt-hour makes this job easier. Best cheap business gas and electric supplier Finding the best cheap business gas and electric supplier will mean selecting the right tariff from a supplier’s offerings and knowing how much energy you use during the year means that calculating average prices per kWh will give you a good idea of what the new deal will cost. However, the unit price per kilowatt hour will vary depending on your geographic location and the industry you are in and also how many employees you have now – and plan to have in the future. Also, the size of your business will have an impact with micro-businesses paying slightly more than a small business who will pay slightly more than a medium business will do. Cheap business gas supplier Finding a cheap business gas supplier, and also for electricity, also means appreciating the standing charges they have which do vary between suppliers and sometimes these differences can be huge. For example, a potential new supplier may offer an impressive price per kilowatt hour but have a much higher standing charge to make up for this. Effectively, your firm will not be making any real savings and switching to a new provider may end up costing you more. In addition, most business owners are very busy with their day-to-day responsibilities so finding the time to source a new energy supplier will not be easy. The best way for a business owner to compare business energy per kilowatt hour deals between providers is to speak with the friendly team at D-Energi who can do this on your behalf and, in a few minutes, find a cheaper, better deal than you currently enjoy.
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