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

14 Sep

Why You Should Understand Business Energy Prices Per kWh

by Simon Thompson
 
When searching for a new energy deal for your business, you’ll soon appreciate that you will need to understand business energy prices per kWh (kilowatt hour). That’s because energy providers tailor their offerings in prices per kWh and understanding how this works will be key to sourcing a cheaper and better deal. Firstly, a kWh is a unit of energy and the way for an energy supplier to measure how much energy your firm is using in one hour. The term kilowatt hour is to measure 1 kW of power that is used constantly for one hour. As an example, if you have an electric heater in your office that has a 1,000 W rating, then it will use 1 kWh for every hour you use it. Understanding business electricity rates per kWh The other issue when it comes to understanding business electricity rates per kWh is how these appear on your bills. Essentially, when you shop around providers you may find that one has a much lower price per kWh but they aren’t cheaper overall. That’s because you will need to consider the standing charge, which is the daily price the supplier will demand to cover the cost of getting power to your premises and maintaining the National Grid. This means that when you look at the prices from suppliers, you will need to understand both elements of these because a firm may have a low kilowatt hour price but a much higher standing charge, so there are no savings to be made. Compare energy prices between providers So, when you are looking to compare energy prices between providers you need to be wary over the offer made to ensure it not only meets your needs – the supplier must offer a bespoke deal for this purpose – and you don’t end up paying more than you are currently. There is a range of factors that a supplier will consider when they offer a deal and these include the amount of energy your firm uses, the size of your business as well as the industry you work in. And while suppliers cannot offer dual fuel deals for businesses like they can for our homes, you can have the same supplier deliver electricity and gas. Other issues affecting energy contract prices are the location of your business and how long you would like the contract to be for – longer energy contracts tend to attract cheaper prices. If you want to know more about understanding business energy prices per kWh then you need to speak with the experts at D-Energi who can help.
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12 Sep

Steps to Undertake a Business Energy Comparison Exercise

by Simon Thompson
 
When a business needs to undertake a business energy comparison exercise, there are simple steps to take to ensure it’s a successful venture. All firms and organisations should look at their overheads on a regular basis to ensure they never pay more than they should be doing for things like their energy bills. However, before beginning a comparison exercise, you’ll need to consider several issues to ensure that you are armed with the correct information. It’s important that you have recent bills as these will have contained important details for the new supplier to deliver a bespoke offering. Carry out a business electricity comparison exercise Other issues for those who want to carry out a business electricity comparison exercise, for example, will be the size of their business and how much energy they use. These issues also include the size of your office or factory space, as well as the annual turnover because some electricity providers may specialise in your business sector. Also, your bills will tell a new supplier how much electricity you currently use and it is also useful to know how long you will be remaining in your premises and whether you want a short- or long-term contract. The other issue is when you use electricity because switching to off-peak periods of demand could see your bills being substantially reduced. Carry out a business gas comparison between providers These tips also extend to those firms wanting to carry out a business gas comparison between providers to ensure they are on the best deal possible. While firms could contact gas providers directly, this can be a time-consuming exercise and they could also opt to use one of the many online business energy comparison sites. There’s no doubt these websites offer a quick way of finding the market rate for your business but they may not search the entire marketplace so your firm could be missing out on better and cheaper deals. The business energy supply market is a dynamic one and deals and offers change on a daily basis to reflect the changes in wholesale prices so a firm may find a great deal one day and then discover it’s no longer available on the next day. For more help and advice about the steps you need to undertake for a business energy comparison exercise that delivers great savings is to speak with the experts at D-Energi.
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10 Sep

How to Source Business Gas Prices Per kWh

by Simon Thompson
 
It’s important that companies look at their running costs on a regular basis and one effective way of reducing outgoings is to understand business gas prices per kWh (kilowatt hour). While gas is a secondary fuel source for most firms, there is a lot of competition in the market which means finding a cheaper supplier is straightforward. However, by doing so it’s important that firms understand how their bills are put together which means understanding gas prices per kWh. There’s a lot to recommend switching providers on a regular basis, usually when your current supplier gets in touch with details of your next year’s prices because firms run the risk of paying more than is necessary. One reason for this is that their energy provider may move them onto a new contract automatically which have ‘deemed’ rates and these tend to be dearer. Compare business electricity prices per kWh As with most things in life, it usually pays to shop around and this also extends to those who want cheaper energy bills and they too will need to understand how to compare business electricity prices per kWh. As with the supply of business gas, the location of your business and industry will have an influence on the prices being quoted from a potential new provider. You will need recent gas and electricity bills to hand when shopping around new suppliers as most of the information they will need will be contained in them. One of the items will be the current price you pay per kWh for gas and electricity, though this should not be considered in isolation. That’s because you should also take into account the standing charge that a potential new supplier may quote since they may offer a cheaper price per kWh for energy but a much higher standing charge than the current provider, so you end up paying more for your energy use. Business electricity prices per kWh between providers If we looked at business electricity prices per kWh between providers, we may see a big variation in the terms being offered. However, if you restrict your search to one of the ‘Big Six’ energy firms, then you may find that their offers are fairly similar and so may decide not to switch provider. There are big savings to be made, potentially, even for small businesses but it will take time and effort to find a new supplier but it will be financially worthwhile – you can do this in just a few minutes. If you are looking for information on how to source business gas prices per kWh, or indeed electricity prices, then you should speak with the experts at D-Energi.  
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7 Sep

Is Your Business Energy Quote the Cheapest?

by Simon Thompson
 
While all firms and organization are encouraged to search the marketplace every year to find a cheaper business energy quote to meet their needs, how do you know that it is the cheapest? The answer is that unless you’ve searched the entire market offering then you probably don’t know, and there may be better and cheaper deals available that will not come to your attention. One reason for this is that your firm may decide to use an online comparison site to compare business energy quotes between providers, but the site itself may restrict its search to a select few suppliers. This will mean that there may be other cheaper and better offers available that you will not get to hear about and you’ll still need to speak to the recommended supplier so you can access a tailor-made quote for your business. Sourcing a cheaper business electricity quote This issue of sourcing a cheaper business electricity quote means a firm will need to take the time to understand what their needs are and find a supplier to meet them. While businesses could approach electricity suppliers directly, this can be a time-consuming process and many of the quotes may be similar, so the firm may be put off from switching because they may believe it is too much hassle doing so for very little financial gain. This would be a mistake because there are big savings to be made and with around 40% of firms never bothering to switch energy providers previously, according to a government survey, means there is a huge potential for many firms to save lots of money on their overheads. That will almost certainly be the case if they have remained with the same energy supplier for several years without bothering to switch – and their supplier may have moved them across to a ‘deemed’ contract automatically and these tend to be much more expensive than the contracts offered to a new customer. Finding a cheap business gas quote This issue over sourcing a new electricity provider also extends to finding a cheap business gas quote to meet your everyday needs. Both electricity and gas markets work in a similar fashion and once you’ve found a new provider, the switchover process will be seamless and there’s no loss of energy supply. But there is an easier way of searching the entire market and that is to speak with experts at D-Energi who have access to the latest deals and offers including from providers a firm may never have heard of previously. These suppliers may also have other offerings such as an energy consultancy. A consultancy is to be recommended because this will see an energy expert analysing how your firm is using its gas and electricity and then introducing measures for you to use less and boost your savings over the long term by even more. For more help and information about whether you have accessed the cheapest business energy quote for your needs, then it’s time to speak with the D-Energi team to see whether they can beat it.
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