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4 Sep

Why You Need To Understand P272 For Your Business

by Simon Thompson
 
All firms need to keep up with legislation which is why you will need to understand what P272 means for your business. Essentially, P272, or as some may refer to it ‘maximum demand meter changes’, will affect many firms and organisations. If you are not sure whether P272 will affect you, then look at the MPAN number on your meter; it’s a two-digit number in the tip top left-hand corner of the plate with the meter’s details. This is the profile type and for those numbers that are 05, 06, 07 and 08 then you will be affected by P272 but your electricity supplier should have been in touch already. That’s because your billing process has changed. Positives of the P272 legislation Indeed, one the positives of the P272 legislation is that bills are now accurate without the need for estimated bills for your business. It also helps a supplier to monitor businesses that are high energy users more effectively. That’s because they receive automated meter readings which record a firm’s consumption every 30 minutes – they are also known as HH or half hourly meters. The reason for this change, says Ofgem the industry regulator, is that by recording usage every half-hour means costs and usage can be more easily reconciled. Many small businesses, that is a firm with a meter profile of 03 or 04 will not be affected. How your firm uses energy Ofgem is also hoping that by having more information about how your firm uses energy means you could use periods of low cost and use energy more effectively. To help with this process there are software packages available to help you analyse your firm’s energy usage so you can see where and when the peak times of usage are and then introduce measures to reduce usage to lower costs even further. However, the important issue to appreciate about HH meters is that your supplier should already have moved you across to the new meters should your firm need to do so. If the issue of P272 is confusing and you are looking for help and advice, there are energy consultants available to explain more and also help you source better prices and deals.   For more advice about P272 and to access better energy deals for your firm, contact the experts at D-Energi.
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1 Sep

Lowering Overheads with a Cheap Business Energy Deal

by Simon Thompson
 
Wouldn’t it be great if you could lower your overheads with a cheap business energy deal? Obviously, the answer is yes and growing numbers of firms and organisations are looking to switch energy suppliers to enjoy cheaper rates and better levels of customer service. All firms should look at their business energy costs every year and move supplier when necessary because the savings can be huge. For instance, if you have a small firm you may think that it’s not worthwhile switching but if you could save hundreds of pounds every year by making one simple phone call that will lower your overheads and boost profits, you would do that. Enjoying a cheap business electricity deal Along with enjoying a cheap business electricity deal, there are also opportunities to reduce gas bills too. However, all firms and organisations will need electricity for their everyday functions such as running computers, powering kettles and having office lights. There’s also a good case for larger firms and organisations to switch suppliers every year because their savings will be much more than those for a one-man band and could be several thousands of pounds which could be used to reinvest into the business. In addition to the attractiveness of lowering a firm’s overheads, you could also access some of the other services being offered by a new supplier including having an energy audit. This will see an expert looking at how your business operates and recommending ways of saving energy as well as money; these will be long term gains and you’ll be boosting your green credentials at the same time. Looking for a cheap business gas deal Along with electricity, many firms will be looking for a cheap business gas deal if they are large users of this fuel, particularly if they need to heat their premises in a cold winter. Again, there is a wide range of potential suppliers available offering tariffs and deals that will meet your business needs. While the prospect of switching energy supplier is an attractive one, you may be wondering about the best way of achieving this. It is possible to source a new supplier using an online comparison website but the site may not be searching the entire energy market to find the best deal and, frustratingly for some firms, you will still need to contact the supplier directly for a bespoke quote. This also highlights an issue of the difficulty you will find in trying to compare a like-for-like quote between suppliers since they will have slightly different offerings and tariffs.   Indeed, the best way to enjoy lower overheads with a cheap business energy deal is to speak with experts who understand how the business energy market works and that means speaking with the team at D-Energi.
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