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2 Feb

Why the P272 Legislation from Ofgem Benefits All Businesses

by Simon Thompson
 
It may not have the sexiest title for legislation ever but the P272 regulations from Ofgem will help all firms and organisations in the UK access much cheaper business energy tariffs. That is undoubtedly good news for all firms since they will effectively keep on top of rising energy costs and ensure that their overheads are controlled as well – which means they boost their bottom line too. Indeed, it’s important that all businesses appreciate what P272 means since all firms must, by April 1 2017, have their energy use recorded every 30 minutes if their meter is in profile classes 5 to 8. The changes are down to Ofgem modifying the balancing and settlement code which is known as P272 and though this will not mean much to firms, it should lead to them enjoying lower energy bills as a result. Business energy supply The business’s energy supplier should have contacted them to discuss whether they have a suitable meter or whether it will be replaced and they must then have this done. The supplier is responsible for carrying this out. The move to automatic meter reading means there will be no need for somebody to turn up on site to check the meter and it also gives energy suppliers a better idea of a firm’s energy usage. In turn, this means they can tailor their offering to their customers and offer lower prices. This obviously means that businesses will no longer have estimated bills and, more importantly, they are also unlikely to receive an unexpectedly large bill when they are unprepared for this. Enables a business to reduce energy costs However, one of the big reasons for the industry to move to half hour billing is that it enables a business to reduce energy costs because they can access cheaper and better deals from differing energy suppliers. Also, businesses are usually tied into a fixed business energy contract so they are unable to switch suppliers until the contract is nearly at an end – and they can only switch if there is not an outstanding debt with the current supplier. There will undoubtedly be businesses who are confused about the P272 legislation and the need for them to switch to smart meters but there is help and advice available from the experts at D-Energi who will be able to explain more about the need for the new meters and also find the business a cheaper business energy supplier as well.
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30 Jan

The Quick Way to Find Cheap Business Energy

by Simon Thompson
 
There is a quick way to find cheap business energy deals that will benefit businesses so they save money and boost their profits as a result. Many organisations may believe that the process of finding cheaper energy is a complicated one and will be time-consuming too. However, the process is incredibly simple and consists of three simple steps: the business should contact the energy experts at D-Energi and tell them how much they are spending; let the experts quote after searching the whole market; the business then accepts the quote and the switchover process begins and they save money. Cheap business gas or electricity It should be appreciated at this point that the switchover process will see no interruption to the firms’ energy supply – whether it’s for cheap business gas or electricity and the whole switching process will be seamless. This way of sourcing cheaper electric and gas quotes should appeal to the owners of small and medium sized businesses since they will rely on the expertise of those who understand the market to find the best deals which means there’s no need for the business owner to spend time trying to find the best quotes. Indeed, the process between contacting D-Energi, handing over a few details about the firm’s meter and energy use, to receiving a no obligation quote that will be cheaper than the firm’s current deal will be done in minutes. In addition, the firm will also have no paperwork to complete as this will be done on their behalf to save even more time and hassle. Cheap business electricity or gas The important thing to remember is that the firm will save money – it could be several hundred or a few thousand pounds a year depending on their use of cheap business electricity or gas – which is a great return for calling the experts at D-Energi. But that’s not all since the experts will also remember to check the market when the contract comes up for renewal to ensure that the client always gets the best deal possible and is not locked into the less than favourable rates that many energy firms charge customers who do not switch business energy suppliers. Indeed, with the prospect of higher energy bills for all of us being predicted in the coming months means that the searching of the energy market for the best possible deal every year makes commercial sense for a business since they will know they have the best deal possible and are not overpaying for their energy needs. For more help and advice on the quick way to find cheap business energy then businesses and organisations should contact the helpful team at D-Energi.
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26 Jan

Why a Business Should Switch Energy Suppliers

by Simon Thompson
 
At a time when most businesses are looking at increasing energy costs it makes sense for them to look at how they can switch energy suppliers and save money. For one thing, by switching their energy supply is one of the best ways in reducing how much a business is spending on its energy needs. That’s not to say that a business cannot reduce its energy demand still further by encouraging staff to help reduce bills by, for instance, switching off lights in unused offices. Indeed, as with domestic energy suppliers, there are a wide range of business energy suppliers available for firms to choose from for an energy tariff that better suits their needs. However, for firms that are looking at switching their energy supply they should appreciate that not all energy suppliers will offer the firm with a business energy quote for gas and electricity; the firm will need to find separate quotes for their business gas and electricity use. Make the business energy switch In order to make the business energy switch, a business needs to know how much energy they are consuming every year in order to find the best available tariff. Also, while it may appear easy to find cheaper business energy tariffs, the organisation should also appreciate that their business needs should take priority over energy prices. This means that the business energy supplier, whether it’s for electricity or gas, is offering the firm the best level of service that the business will be requiring. One way of doing this is for the firm to be aware of the differences between business energy suppliers before making a switch to a contract that is more suitable to their energy needs. Indeed, the best way of doing this and sourcing the best business energy deals currently available is to approach a firm that understands how the market works and which can deliver the savings and standard of supply the firm is looking for. Find a small business energy supplier There are a variety of reasons for this but one of the most important ones is to find a small business energy supplier who is active in the small business field and appreciate what their needs are. This is in comparison to the bigger business energy suppliers who can serve energy to all businesses regardless of their size but which may not appreciate what small firms may be wanting, for instance. Finally, the most important reason for looking to switch energy supply is that by not shopping around means the energy supplier will probably transfer their customer onto a rolling contract, better known as ‘deemed rates’, which will mean the energy prices are imposed by the supplier – and which will probably not be the cheapest energy prices available. However, the team at D-Energi can help explain the business energy market and tariffs for those firms wanting to switch energy supply.
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23 Jan

What to Look for with Business Energy Suppliers

by Simon Thompson
 
Most firms and organisations need energy for them to operate effectively which is why their choice of business energy suppliers is crucial to their ability to trade. Indeed, it’s important for business owners to be engaged with business energy contracts to ensure they are not paying more than they need to for that energy supply. For most firms this means not simply paying their energy bills when they arrive but also ensuring that the tariff they are on is fair and delivers what the business needs. To switch business energy suppliers is relatively straightforward and it is being actively encouraged for more firms to do this. Contacting business electricity suppliers Before looking for a better business energy tariff, the firm should understand the features of their current commercial energy tariff before making a switch and contacting business electricity suppliers, for instance. At this point it’s important to appreciate that there are some very distinct differences between business and domestic energy supply; the biggest difference is that a business will usually have its business energy quote done on a bespoke basis since each business’s needs will be different. Also, many business owners may not appreciate that when it comes to sourcing business energy suppliers, they will need to source the business gas supplier separately from their electricity; most suppliers do not package their fuels together. Potential business gas suppliers As a business customer, they must then obtain business energy quotes for the type of fuel they need, for instance from their potential business gas suppliers, before switching between suppliers and securing their new, better tariff under a separate contract. One of the best ways of finding a better business energy supplier, and this will include those who are looking for business gas supply, is to approach a business energy broker who will understand the whole market and find them the most suitable deal. Also, businesses need to appreciate that they will be obliged to meet stricter terms than they would for a domestic energy tariff, for instance. So, while it’s relatively easy for a domestic customer to switch between tariffs during a contract, though they may need to pay an exit fee, a business energy customer will be bound by the terms of their contract and unable to make a switch during the contract’s duration. For more help and advice on what to look for with business energy suppliers, then contact the team at D-Energi who have the expertise and experience to find the best available tariffs.
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