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17 Mar

Find Cheap Commercial Energy Prices

by Simon Thompson
 
This will mean contacting the team at D-Energi who understand how the market works and will have the latest tariffs and offers available. However, it’s also possible for organisations to check whether they are paying more than they need to for their energy needs by looking at various business energy comparison websites. By doing so they will find out what the market rates are for from suppliers to deliver energy to a firm like theirs. It should be noted though that using comparison websites on a like-for-like basis is difficult since the business energy quote will need to be tailored to the firm’s own needs. There’s no doubt that all businesses will need an energy supply but they must look for the best rates for commercial users. Better commercial energy prices To a large extent, the better commercial energy prices are determined by their energy demand and firms will be able to save a substantial amount of their energy bill by simply switching energy supplier. In order to make a switch, the firm will need a recent energy bill to hand which will have their registration details on it and they must also know the date when their contract comes to an end. Another important point is that they will not be able to switch contracts before this term ends and there’s only a limited window of opportunity for doing so. In addition, should a firm not use this window of opportunity, they will then roll onto a contract that will probably be charging them more than they need to for their energy needs. The firm will also need to know their meter numbers, also known as MPRN and MPAN, and these are located on the meters themselves and on their energy bill. Compare energy suppliers for a cheap commercial energy quote Some firms may also be questioning why they need to compare energy suppliers for a cheap commercial energy quote. There is a range of reasons for doing so, the main one being that they will inevitably reduce their overheads with lower bills. This means profitability will increase. As most businesses will be looking at their costs on a regular basis, it makes sense to analyse the business energy market to ensure that the best commercial energy rates are being accessed. It’s also possible, with the prospect of energy prices increasing in the future, for an organisation to lock themselves into fixed rate over several years to avoid any potential steep price increases. In addition, a new commercial energy supplier may then tailor their energy package that is specific to the firm’s own needs. Some suppliers also undertake an energy audit to ensure that the firm is not only paying the best tariffs available but is using their energy efficiently which will help lower bills as well. Low-cost commercial energy suppliers for electricity and gas For organisations wanting low-cost commercial energy suppliers for electricity and gas, then it makes sense to shop around or at least look at the market on a regular basis. Also, with many firms looking to boost their environmental credentials, it’s also possible to switch to a commercial supplier that will source their supply from renewable sources. This means the commercial energy supplier is using solar power and wind power, as well as tidal power, to produce their electricity supply. There’s no doubt that the time and energy spent by a firm looking for a better commercial energy deal will be time well spent. And while the comparison websites will give a good indication of how much money can be saved, it is not until the organisation contacts the supplier directly to get a bespoke quote for their needs, will they actually know what the savings will be. There are two important issues to bear in mind for those firms and organisations looking to switch energy suppliers. Switchover process is quick and seamless The first is that the switchover process is quick and seamless and there will be no interruption to their energy supply when they transfer to a new gas or electricity supplier. The second most important issue is that they need to be wary when contacting a potential new energy supplier for a bespoke quote that they do not agree to the deal being offered on the phone. That’s because the contract will be accepted and there is no cooling off period for firms to do this and they will have to do see out the full term of their new contract before they can find a new supplier.   Alternatively, as mentioned previously, an effective and quick way to analyse the entire commercial energy market is to contact the team at D-Energi who will have the best tariffs available at their fingertips so there’s no time wasted in trying to find cheap energy prices.
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15 Mar

Organisations Looking to Compare Business Energy Prices For Lower Bills

by Simon Thompson
 
For organisations looking to compare business energy prices for lower bills also means understanding half-hour electricity prices. That’s because the industry has switched from using traditional meters to using half-hourly meters, or HH meters. The new electricity meters will send accurate electricity usage readings to the supplier every half-hour. All businesses have either moved to the new half hourly meters or will be doing so very shortly, and they are connected by a phone line to send the updates to the supplier so there’s no longer any need to worry about accurate meter readings. The other reason for installing these new metres is they monitor energy usage and offer a detailed breakdown of how much energy the firm is using and, importantly, when they are using it. Part of this aim is to help an organisation to become as energy-efficient as is possible. How to compare business electricity tariffs The other aim is to highlight how to compare business electricity tariffs with the potential for switching to lower energy deals, particularly if they are big users of energy during off-peak periods, for instance. The easy way to find out whether the firm is using a half-hour meter already, then their most recent energy bill will have an ‘S number’ on it to designate the meter. Basically, if the top left number on the energy built reads ‘oo’ then the business has a half-hourly meter installed. The other upside to using these meters is that there are software packages available that will create an alert should the business or one of their premises see their usage go over a determined threshold. It’s also possible to look at the historical data to find out where savings can be made and see where the biggest users are. Also, for firms who have not made the switch to HH meters they must have done so by April 2017 if their meter’s profile class is 05, 06, 07 or 08. If not, they must contact their energy supplier as soon as possible. Compare business gas and electricity prices While having the information from a half hourly meter is important for analysing usage, the firm also needs to bear in mind that there’s only a limited window of opportunity to switch energy suppliers and access cheaper tariffs after they compare business gas and electricity prices. They will not be able to switch suppliers mid-contract and the current supplier may lodge an objection if there is money outstanding on a bill. However, HH meters will help a potential new supplier to tailor a bespoke offering that will better meet the firm’s needs and be cheaper as well. The other big reason for having a half hourly meter installed for business is that it should encourage them to take a closer look at how much energy they are using, when they are using it and, crucially, how much they are paying for their energy. Armed with this information they then can search the market for a cheaper business energy supplier and see their bills fall as a result. Indeed, estimates as to how much a firm can save by switching suppliers vary but could be up to 40% which could see some firms saving hundreds if not thousands of pounds every year. The government and the industry regulator Ofgem are keen to increase competition in the market which will also lead to lower prices as energy suppliers compete to meet business needs. Installation of half hourly meters is increasingly important As a result, the installation of half hourly meters is increasingly important and firms should use the information supplied to their own advantage. One quick way to see whether they are paying more than they need to for their business energy needs is to check business comparison websites on a regular basis to see what other suppliers may offer to have them as a customer. However, the firm will need to bear in mind that finding a like-for-like quote is difficult since the energy supplier will offer a bespoke tariff to help meet the firm’s needs. The other big attraction for moving to half hourly metering is that it offers firms with several sites or premises to have one bill supplied for all of their energy needs. They can still monitor energy usage remotely but deal with a supplier to cover all of their needs. There’s a lot to recommend using half-hourly meters but the main one is to help lower the firm’s overheads and access cheaper energy bills.   For more information about how to compare business energy prices and why half hourly meters will help, then the team of experts that D-Energi will be able to assist with any questions.
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13 Mar

How to Compare Cheap Business Energy Prices

by Simon Thompson
 
For any organisation wanting to source cheap business energy prices, the market for them may appear to be confusing and time consuming to understand. That’s because there’s a growing number of business energy suppliers offering a variety of deals and tariffs which means careful research will need to be undertaken. However, there are ways to save time and money spent searching for better prices for energy and understanding the potential contracts. That’s to contact experts who deal with the market on a daily basis which will mean contacting D-Energi. There’s no doubt, however, that it will also pay for the organisation to understand the market for business electricity and gas so they will appreciate a good deal for energy when they see it. Indeed, with the vast majority of businesses in the UK having to rely on electricity for their everyday needs means it’s important that they find the best electricity prices available to help keep their overheads under control. Finding a better business energy deal Energy market experts have been predicting that the prices being paid by businesses will begin to rise and many organisations may also believe that this trend will mean finding a better business energy deal than they currently have will become an almost impossible task. That would be a mistake to make and it could be a costly one as well. That is because having the knowledge beforehand and understanding that if they haven’t switched business energy suppliers in recent years probably means they are on a ‘deemed contract’ and are paying more than they need to for their energy needs. By switching to a new supplier, they could potentially save thousands of pounds every year depending on their bills. The other important issue for the organisation to understand is that the business energy market is not like the one for the domestic market; they will need to contact a supplier for their gas and electricity individually and get a quote. One reason for this is that an energy supplier will be looking to meet a customer’s energy needs and will look at their consumption habits to deliver a bespoke business electricity quote. Cheap business electricity quotes These cheap business electricity quotes will deliver flexibility and help meet the consumption habits which will vary through the working day so the business will not be paying more than they need to for electricity, for instance. One of the downsides for this is that there is no established business electricity tariff for an organisation to compare their deal with since most businesses are unlike any other. Firstly, the organisation should find their current tariff and then begin their search for a new supplier. They will need to understand that a fixed rate tariff is a pre-agreed price for units that will last for the contract’s term. Fixed-rate tariffs are usually competitive but is always worthwhile comparing one offer with another supplier’s offering. As mentioned previously, for those organisations on a deemed rate tariff are probably at a disadvantage because a 28-day rolling contract means they have failed to agree new terms with their supplier so they are probably paying over the odds on this basis. Organisations may be on a rolling contract However, some organisations may be on a rolling contract and while these are not competitive and only offered by a few suppliers, they are offering fairer rates than on a deemed contract. The downside is the organisation may be tied into a year-long contract on rates that are higher than the competition is offering. The organisation will also need to pay a unit cost as well as a standing charge which covers the maintenance of the National Grid and the cost of delivering electricity to a business premises. Again, there’s no set tariff for this and to complicate matters the rates being charged will vary between micro and small businesses as well as medium and large businesses. This is a quick checklist to help an organisation decide whether the business electricity quote they receive is suitable: Get business electricity quotes from several suppliers Choose which of their tariffs best suit the business Decide which is the best new supplier and sign their contract inform the current energy supplier of your intention to switch The process is seamless for switching over so simply wait for the new supplier to take effect.   However, there’s just one word of caution when looking for the best electricity quotes and that’s not simply choose the cheapest quote on offer. One reason for this is that while the business will inevitably save money and lower their overheads they may switch to a supplier that does not meet their needs effectively and some suppliers offer more than others. Organisations looking for a cheap business gas energy deal For those organisations looking for a cheap business gas energy deal, then the tips contained above will prove useful. Not every firm has a gas supply but for those who do then it will be worthwhile shopping around for a better and cheaper energy deal. Again, this means approaching several gas suppliers and asking for a quote and they, in turn, will look at the business’s circumstances and assess what their habits are and then deliver a bespoke quote based on this. It’s also probable that with every business being different, means there will be no way to navigate a business gas tariff effectively to see whether they are on a tariff that best suits their needs. Again, there are fixed term contracts and rollover contracts available from business gas energy suppliers and for those who haven’t switched gas supplier then they are probably on a deemed contract where their rates will be, unfortunately, much higher than are on offer to new customers. Business gas suppliers also have a standing charge As with electricity suppliers, business gas suppliers also have a standing charge to pay and their unit cost will be for each unit of gas supplied to the business. For firms looking to switch energy suppliers, the information here details what they need to know and why the easiest and most effective way of finding cheap business energy deals and tariffs is to use the expertise of the D-Energi team to find the best terms available that best meet the organisation’s needs.  
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10 Mar

Understanding P272 For Businesses To Save Money On Energy Costs

by Simon Thompson
 
Undertaking research is sound business practice which also extends to finding the best business electricity rates available but some firms may be unaware of what P272 means for them. Essentially, the P272 is a piece of legislation that is pushing organisations to use half-hourly meters (better known as HH meters) so their usage of energy can be better monitored and charged for. It’s also important for those firms who are looking to find a new energy supplier since if they have a P272 meter than the information is an effective way of accessing lower bills. That’s because a potential new supplier can see immediately when and where the firm is using energy and tailor their offering to meet this – there might also be, for instance, some encouragement for the firm to move to off-peak use for lower rates. Indeed, while many organisations may believe that they are on a good deal, unless they check the market regularly, how will they know? It is worth highlighting research from the Competition and Markets Authority which reveals that around 40% of firms have never switched their energy supplier. Firms are probably paying more for their energy The result of non-action is that a large number of firms are probably paying more for their energy needs than they should be doing. The only way to find the cheapest electricity rates is for an organisation to compare the entire market for all business electricity suppliers. On top of this, they will also need to consider how much electricity they are using for their business needs. There are ways and means of searching the market to find a better supplier and organisations of all shapes and sizes could save substantial amounts of money. One of the best ways of finding what the market rate could be is to check a business comparison website that looks at a range of electricity suppliers delivering to businesses. Also, for those firms who have multisite businesses it also possible to have an account that delivers just one energy bill to their head office rather than having to process several invoices every month. Compare the business’s energy needs to find the biggest savings The comparison website will then compare the business’s energy needs to find the biggest savings available and then highlight which will be the cheaper business electricity supplier. With the prospect of business energy prices increasing in the near future, it is also worthwhile considering whether the organisation should lock into fixed energy rates for one, two or three years. There will, undoubtedly, be a fair number of businesses wondering why they should switch their energy supplier at all and the new P272 HH meters will offer data that will show where savings and efficiencies can be made. Also, the reason for switching energy is a simple one, because it makes sound business sense to do so. Data from the HH meter thanks to the P272 rules Not only will the business save money by utilising the data from their HH meter thanks to the P272 rules, the savings will range from several hundred to thousands of pounds every year and they may also enjoy better customer service and other services as well. For instance, some business energy suppliers will offer to undertake an audit of the firm’s energy usage to see where savings can be made so the firm could reduce their overheads even further. The business energy market is a competitive one following the deregulation of the industry and businesses can choose an energy supplier of their choice. Some organisations may also be concerned that their energy supply will be interrupted as they switch suppliers but these worries are unfounded. Also, there will be a large number of firms who have their energy supplied by one of the ‘big six’ business energy suppliers and they may be wondering why they should move from an organisation that meets their needs. The introduction of half hourly meters through the P272 legislation While there’s no doubt that the big six firms will be providing most of the energy needs for the UK’s business sector, this dominance also leads to a range of high energy bills through uncompetitive tariffs – hence the introduction of half hourly meters through the P272 legislation. The government and the energy regulator Ofgem are keen to introduce competition that will help to see lower prices being introduced and improve customer service levels. To help boost the level of competition within the industry, businesses are being encouraged to switch their energy supplier on a regular basis. The other issue is that many businesses are not aware of just how easy it is to switch business energy supplier and the process is smooth and trouble-free. The end result will see the firm enjoying lower overheads which will mean a boost to their profitability. In addition to using business comparison websites, a firm can also utilise the expertise of business energy brokers who understand how the market works and will have access to the latest deals and tariffs that will better meet a business’ need.   For many firms, an ideal solution is to contact the experts at D-Energi who will be able to explain more about the P272 legislation and source a cheaper energy deal with just a few details from the firm to help them enjoy better business electricity and gas rates.
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