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14 Dec

Do You Understand Your Business Electricity Prices Per kWh?

by Simon Thompson
 
When it comes to finding a new energy provider to save money, it’s important that you understand your business electricity prices per kWh. That’s because this figure can vary hugely tween suppliers and the first step to finding out whether you will save is to compare prices effectively. This means having a breakdown of a supplier’s unit rates, which will be expressed per kilowatt hour (kWh), and also any standing charges they have – this is the amount they will charge every day for supplying energy to your premises. Again, the standing charge costs can vary hugely which makes comparing the offering between suppliers more difficult and you will need to be wary about using an estimated annual cost when establishing the savings because these costs can vary. Compare business electricity prices per kWh between providers The first step in reducing your firm’s energy bill is to compare business electricity prices per kWh between providers is to use a comparison site as an effective way of benchmarking. The site will use your details and search for the best deal from a number of suppliers which will have their prices quoted as unit rates, plus the standing charge. However, there are criteria affecting the prices, including the size and location of your business and the industry you operate in. These will have a big impact on quotes. It’s also important to appreciate that the supplier must offer a bespoke quote and you will need to speak to them for a precise figure. You can also use the benchmarking price from a supplier to negotiate with your current provider in the hope of accessing a better and cheaper deal. Cheaper electricity and business gas prices per kWh One effective way of searching the entire marketplace to find cheaper electricity and business gas prices per kWh is to speak with the experts at D-Energi. That’s because the team will search the entire marketplace on your behalf, find a cheaper deal and take care of the negotiations and switchover process. In addition, it may also be possible to enjoy an energy consultancy to help reduce your bills even further by using less energy wherever possible. There’s no doubt that haggling with a potential energy provider is an effective business tactic, but not every small business owner will have the time or inclination to do this. This may also help explain why, according to a government survey, 40% of firms have never switched their energy provider and may have been moved on to a more expensive contract. For help in accessing cheaper business electricity prices per kWh then contact the D-Energi team.
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12 Dec

Save When You Compare Business Energy Prices Per kWh

by Simon Thompson
 
Most firms will be looking to cut their energy costs and they can do so when they compare business energy prices per kWh. This is probably the most effective way to understand what a potential supplier will be charging and ensure that by switching energy providers there are genuine savings to be enjoyed. That’s because a potential supplier may quote a lower price per kilowatt hour (kWh) but have a much higher standing charge which means that you may not be making any savings whatsoever. However, it’s important that this exercise is carried out every year because small firms can make big savings; a lot depends on the size of your organisation and some firms will be able to reduce their bills by several thousands of pounds by simply switching providers. Compare energy prices between suppliers One of the big issues, when a firm wants to compare energy prices between suppliers, is that they will insist on offering a bespoke quote. This makes it more difficult to compare the offerings and deliver real cost savings but it doesn’t mean that it’s impossible. There are several ways of seeking and then comparing energy quotes and one of the best ways is to speak with D-Energi who can search the entire marketplace for a bespoke offering. Alternatively, a small business can use an online comparison site to find a market rate for their needs but they will still need to speak to the supplier to get a bespoke deal and the site may not be searching the whole marketplace. It’s also possible to use the information from the online comparison site to deal directly with a potential supplier and haggle for a better deal but not every small business owner will have the time or the enthusiasm to undertake this exercise. Understanding business electricity rates per kWh While understanding business electricity rates per kWh are important, firms also need to appreciate the standing charge, which is the amount the supplier will levy for delivering energy to their premises. The best time to carry out the comparison exercise is when your current gas or electricity provider contacts you with details of your next year’s contract rates. This is a prompt to find a new supplier to make the switch, though a government investigation highlights that 40% of firms have not switched and they could be overpaying for energy. If you don’t want this to be you and your firm or organisation and if you are looking to make big savings on your overheads, then you should speak with the D-Energi team who will be able to explain more about how you can compare business energy prices per kWh and save.
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10 Dec

Save on Bills with a Business Electricity Comparison

by Simon Thompson
 
While nearly every firm and organisation will be able to save on bills with a business electricity comparison, the process itself is less straightforward than when comparing prices for our homes. One reason for this is that there are many more electricity plans for businesses available than for domestic consumers which means finding the plan that’s right for your business is more complicated. It can be a time-consuming process too, working out how much a new deal will cost and this will depend on issues including the size and location of your business and the industry you work in. Indeed, when looking to save on electricity bills, it’s important that you get several quotes for business electricity supply to ensure you are accessing a better deal. Process for a business energy comparison However, the process for a thorough business energy comparison can be a confusing process when using online comparison sites. While the sites offer a quick way to find the market rate for your business, the site is probably not searching the entire marketplace to find the best deal to meet your needs. In addition, you will still need to contact the supplier recommended by the comparison site so they can offer a bespoke deal which may not match the price being quoted in the original search. In addition to finding a supplier, you will also need to appreciate the price being quoted in kilowatt hours (kWh) and also their standing charge to ensure you are making a genuine saving. A business gas comparison This process to find a new electricity supplier also extends to the search for a business gas comparison and you could contact suppliers directly. This is also a time-consuming process and there’s the obvious downside of missing out on what could be cheaper and more beneficial quotes from other suppliers. There may also be the offer of an energy consultancy from a potential supplier or energy broker who will help you reduce how much gas and electricity you use to help deliver better long-term savings. If you need more information on how to save with a business electricity comparison exercise, and also for gas supply, then you need to contact the experts at D-Energi who have access to the entire marketplace and can, in just a few minutes, find a cheaper and better supplier for you.
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7 Dec

Why Your Business Energy Quote Will Vary

by Simon Thompson
 
Not every business owner will have the time and inclination to scour the energy market, but for those who do may be surprised at just why their business energy quote will vary hugely between suppliers. There are a number of reasons for this, including the size and location of your business and your energy needs. For most firms and organisations, their energy costs are likely to be a significant overhead, so checking every year to ensure they are not paying more than is necessary for their needs is a crucial business tactic. However, trying to compare the price of electricity and gas between potential suppliers is not always straightforward and you will also need to appreciate what your energy bills consist of. Looking for a new business electricity quote So, whether you are looking for a new business electricity quote because your current provider has been in touch with details of your next year’s contract, or if you’ve been moved across to a ‘deemed’ contract because you were late in switching providers, then you will need to act quickly. The marketplace for supplying business electricity is a competitive one, and while you could contact suppliers directly there are comparison sites available as well. However, you will need to understand what type of contract is being offered and appreciate the difference between unit rates and standing charges to negotiate a better deal. Essentially, the unit rate is the amount you pay per unit of electricity while the standing charge is an amount charged every day for supplying electricity to your premises. One tip here is that while a potential supplier may offer cheaper unit prices, their standing charge may be much more expensive, so you will not be making a saving. Searching for a new business gas quote This issue also extends to those who are searching for a new business gas quote and all firms will need to understand their business energy contract. There are several options available for contracts, including those offering a fixed rate, so the price is agreed on the length of the contract, which could run for one year or have cheaper rates for signing up for two or three years. Also, for those who are looking to use a comparison site, these will only get you so far but do give a good idea for benchmarking your firm’s potential energy costs. However, the comparison site may not be searching the entire marketplace and you will still need to contact a supplier for a bespoke quote to get a price that will reflect the amount of energy you use. For more help and advice about why your business energy quote will vary between providers, then you need to speak to the experts at D-Energi who not only understand how the market works but who have access to all the suppliers.
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