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3 Aug

What Are Business Electricity Prices Per Kwh?

by Simon Thompson
 
The best way of sourcing a new energy deal is to find lower business electricity prices per kWh but that’s not the entire story. That’s because you will also need to understand what the standing charge a potential new supplier may be offering. The importance of understanding the difference between the two, and what the total bill will be for each per year, will help you source a cheaper electricity provider as a result. The issue for a busy business owner is that comparing cheap business electricity tariffs and prices between various suppliers are less straightforward than it is when comparing a deal for our homes. Compare business electricity prices per kWh The reason for this is that there are many more tariffs and plans available, which means you will need to compare business electricity prices per kWh very carefully indeed. Not only will you be calculating how much your new supplier will be costing you, you’ll need to know whether their tariff is right for your needs and this will depend on the nature of your business, where you are located and its size. However, even a small enterprise could save hundreds of pounds every year by switching their business electricity provider to a cheaper offer and the transition for doing is seamless. The best way of doing this is to get several quotes from various providers and compare their offering. Understand business gas prices per kWh This exercise of comparing electricity prices also extends to those who want to understand business gas prices per kWh. The same issue will remain in that the business needs to understand their unit charge for the gas they are using and also the standing charges. Again, while a potential new business gas supplier may offer a lower rate per kilowatt hour for gas, they may offer much more in their standing charge, so there’s no saving to be made. A quick way to see if there are savings available is to use a comparison website, add a few details and then see what the potential market rate is for your business. You will still need to speak with the recommended supplier directly even though the website may not be searching the entire marketplace, so there could be deals that are better suited to your needs and are cheaper also. If you want to know more about business electricity prices per kWh and how you can save on your energy bills by switching providers, then it’s time to speak with the experts at D-Energi.
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1 Aug

The Issues When You Compare Energy Prices Between Providers

by Simon Thompson
 
While all firms and businesses are encouraged to search the marketplace for cheaper energy deals, there are issues when you compare energy prices between providers. The first is that you’ll need to understand how your bill is put together, and this will consist of unit charges, which is the amount being charged for the energy you actually use. There’s also a standing charge which is the amount you pay for your business to receive supplies of electricity and gas through the National Grid. By understanding what these charges are you will appreciate that a potential new provider may offer a lower unit rate, which appears to be a big saving but increases their standing charge, so there may be no savings at all or, even worse, you actually spend more with a new provider. Understand business energy prices per kWh This also means that you need to understand business energy prices per kWh because this is how a potential supplier will express their offer. Essentially, a kilowatt hour (kWh) is the method used by an energy provider to measure the energy being used by the business every hour. The important thing is not to focus on the kilowatt-hour charge in isolation because, as we explained earlier, a lower kilowatt-hour charge may not be beneficial for you. Indeed, you will need to calculate how much energy your firm is using to predict what the annual unit charge will come to plus the standing charge, which varies. This annual total is a better guide as to whether a new offer will actually benefit you and help lower your overheads. Business electricity rates per kWh This issue for business electricity rates per kWh is an important one and it’s not too complicated to deter firms from searching the marketplace and finding a new supplier. It may also help explain why 40% of firms, according to a government survey, have never switched their energy supplier. They may find the situation confusing and complex and undertake a like-for-like analysis is not that straightforward. However, if you use experts who understand how the business energy market operates and have access to all of the deals, then you are saving yourself time and frustration in sourcing a new energy deal. This will mean speaking with the experts at D-Energi who can help you compare energy prices between providers and deliver real cost savings as a result.
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