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5 Jun

Tips to Compare Business Energy Deals

by Simon Thompson
 
The first thing to appreciate when it comes to a firm looking compare business energy deals is that the process is rather different than that for sourcing cheap energy deals for our homes. For one thing, there are more business energy plans on offer than there are for domestic users and then finding which of these plans is the right one and how much it will cost is also going to take time. On top of this, the business will also be affected by their location and size and the type of industry they are in. Indeed, when it comes to comparing business energy prices it will pay to get several quotes online from various websites to get an idea of the market rates and then research further. Looking to compare business electricity prices It helps that when a firm is looking to compare business electricity prices that the suppliers will show their rates on their websites. However, the rates being shown are generally those for the variable rate deemed contract which tend to be the most expensive price. It should also be appreciated that the deemed contract is generally the automatic contract a firm will be rolled over onto should they not switch energy suppliers. This means they will almost certainly achieve a lower rate by switching supplier and opting for a fixed term contract. Firms looking to compare business gas prices The same can be said for firms looking to compare business gas prices and again the contract that will be offered is dependent on the firm’s consumption habits and circumstances. There’s no doubt that gas is a crucial part of the business’s needs whether it’s to heat a shop or help power the kitchen of a restaurant. This also means that no two business gas contracts will be the same and should the firm be looking to compare gas and electricity prices online this will become apparent when they contact the supplier directly. Indeed, this could be something of a shock since the price the supplier offers may differ widely from the attractive price the firm saw on the business energy comparison website. That’s not the fault of the website or the supplier since they will need to offer a bespoke deal to help meet the firm’s own particular energy needs. There is also a quick way to research the market thoroughly and finding a suitable deal without spending lots of time and energy researching what can be a confusing market.   That is to contact the helpful team at D-Energi who will have all of the latest deals and tariffs available and will be able to compare business energy deals and within a few minutes deliver a quote the firm will like and also deal with the switchover process itself.
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2 Jun

Understanding P272 and Switching Commercial Energy Suppliers

by Simon Thompson
 
All firms that are looking to switch their commercial energy supplier should appreciate what the P272 legislation means. To do so, they will need to check their bills or meters to see whether it is in the profile classes 05 to 08 because their energy use will be recorded every half-hour. The new meters are also known as HH metres. The profile class is designated on the meter itself and it is the first two digit numbers following the ‘S’. If the meter is not between 05 and 08 then it will not need to comply with the new rules. Industry regulator Ofgem says the changes from April this year are down to a modification to the industry’s balancing and settlement code, also known as P272. For all those firms who have a meter in the relevant profile class, then since November 2015 anyone who has started or renewed their energy supply contract will have their use recorded half hourly. Have an advanced meter installed For those firms who are big users of energy and do not have an advanced meter installed then they should contact their supplier who will then take reasonable steps to ensure the meter supplied. One of the big attractions for installing the P272 meter is that most businesses will see their bills fall as a result. At the very least, they should see no change in expenditure. Ofgem says that some firms may be required to pay more since their supplier will need to allocate more resources and time for collecting and processing the firm’s usage. For those firms who have HH metres and are looking to switch commercial energy suppliers to bring about lower bills, then they need to be aware that the deals vary between suppliers. This means it is crucial that they shop around potential energy suppliers to secure the best deal possible. What energy savings can be made After speaking with their current supplier to see if they can make a better offer, they can then use these figures to speak with other potential suppliers to see what energy savings can be made. It’s also possible to switch tariffs so the firm will be paying less for electricity used during off-peak hours.   Alternatively, businesses can also speak with the experts at D-Energi about P272 or HH  metres to see how the data collated can be used to their benefit in finding a cheaper energy supplier so they can enjoy lower energy bills.
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31 May

Finding Cheap Business Energy Providers to Lower Bills

by Simon Thompson
 
One way for businesses to lower their overheads is to source a cheap business energy supplier and enjoy the savings this switch will bring. The move to a new supplier should see businesses, particularly small ones, reducing their costs substantially; depending on the firm’s size this could be several hundred or even several thousands of pounds. While many of us will have switched energy suppliers for our homes, the system for businesses is rather different. For one thing, businesses cannot access a dual fuel deal where their gas and electricity are supplied by one supplier and they can only switch suppliers when their current contract is due for renewal. However, another big downside to finding a new energy supplier is the time involved in researching the market and then negotiating with the supplier directly. The savings can be substantial for cheap business electricity supply This is despite the fact the savings can be substantial for cheap business electricity supply and may still be problematic for busy business owners to allocate time and resources for doing so. We will come to the expertise offered at D-Energi to overcome this problem but for those firms who want to do this work themselves then they can compare energy prices quickly and effectively. There are a number of online comparison websites which will help the firm source a new supplier with a range of tariffs and deals. However, the online comparison website may not be looking at the whole energy supply market and the prices offered will probably not be the ones enjoyed by the firm should they sign up. That’s because energy suppliers will need to offer a bespoke deal to meet the business’s needs rather than having a set price for firms to access. Cheap business gas deal from a new supplier This obviously means that firms will need to spend time contacting and speaking with a potential supplier and haggling for a better deal even for a cheap business gas deal from a new supplier. For many business owners, this will not be a problem but for others, the prospect of negotiating energy prices may be too intimidating. As an incentive, one energy provider says a London-based client was due to see their bills increase to £3,500 a year, a £400 increase, but by contacting a new supplier this was reduced to £2,800.   That’s an impressive financial incentive for businesses of all shapes and sizes and the helpful team at D-Energi will be able to offer expertise in finding cheap business energy providers for organisations and firms to lower their overheads and bills.
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29 May

Businesses Can Switch Energy Supplier

by Simon Thompson
 
Businesses can switch energy supplier and make a big impact on reducing their overheads and more firms are being encouraged to follow this path. The government and the industry regulator Ofgem want more firms to shop around every year when their energy bills come up for renewal. This is regardless of the business sector they are in and there are some effective ways of comparing energy deals and switching suppliers. The first step is to speak with the current energy supplier to see whether they have any better offers and this will act as a benchmark when it comes to analysing other supplier’s deals. It should also be appreciated that firms can only switch suppliers during a window of opportunity before the contract is renewed. This means the firm will need to understand their current contract because the terms will define when the contract ends and when the client can tell the supplier that they want to switch. Contracts will allow an energy switch to take place The contracts will only allow an energy switch to take place at certain times. However, should a firm not switch suppliers then their contract may be rolled over onto an automatic contract which will probably be costing them more than it needs to. Indeed, these ‘deemed’ contracts are the default for suppliers and the supplier has a legal obligation to inform their clients about other contracts that are available and how their client can find out more. The next step is for the firm to look at their meter readings on a regular basis so they understand what their energy consumption is over a period of time. By using this information, they can ask a supplier to give a bespoke quote which could be a quick win for saving cash. Also, while it’s important that the firm understands its current energy contract, they should also take the time to understand and appreciate the contract being offered by a new energy supplier. They must do this before they sign up and be wary about agreeing to a contract during a telephone conversation. Cheap business energy deals It’s also important that firms appreciate that most cheap business energy deals do not offer them a cooling off period which is a way of canceling the contract within an agreed number of days. By not understanding the contract, means the firm may be stuck with an energy deal that’s not only unsuitable but is more expensive than their current offering. To avoid issues with energy contracts and understanding how to switch energy suppliers efficiently, contact the experts at D-Energi for more help and advice.
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