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10 May

What Every Organisation Needs to Know about the P272 Regulation

by Simon Thompson
 
There’s been a critical change to the company energy supply marketplace and all companies and organisations will need to understand what the P272 regulation means for them. Basically, the P272 regulation means a company with a non-half hourly profile type electricity meter will have to modify or replace it – if they haven’t already done so since the deadline for this has passed. The objective will be to bring about business efficiencies that ought to deliver lower energy bills for companies along with other advantages. To discover whether your company or organisation is influenced by P272 and whether there’s a need to switch to a half hourly meter (HH) then they will have to check whether they are in the Profile Class 05-08. The information is on the meter itself or on the firm’s bill. By switching to HH meters the energy sector can track real consumption of energy from the information it receives every half hour through remote communications with the meters. Lower and much more accurate energy statements Energy regulator Ofgem says this half hour delivery of information should result in lower and much more accurate energy statements for firms. Another reason for Ofgem’s excitement for P272 is that the move should also encourage companies to transfer their use of energy to more low-cost periods that will help lower their bills and smooth out peak demand. By doing this, an organisation may also access lower prices because energy providers are providing lower tariffs for firms that will alter their energy use periods. Also, the information from these HH meters should provide the company with more detailed information about usage and times of peak demand so they can negotiate with their current supplier for lower prices or negotiate a deal with a new energy provider. There’s a lot to recommend the latter as a course of action since there are lots of energy suppliers to choose from now and not just the ‘Big Six’; there has also been an improvement in customer service levels and many also offer an energy audit. Switch to P272 metres For those firms interested in switching suppliers, and they may not be required to switch to P272 metres, then they can also research the market to find lower energy prices and better suppliers.   For more help and guidance about P272 and the best way to get a better and more affordable tariff for a company, contact the specialists at D-Energi who have the knowledge and expertise to help.
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8 May

Increase Profits with Cheap Business Energy Deals

by Simon Thompson
 
Most firms and organisations will be looking at their everyday costs and wanting to keep them under control so accessing cheap business energy deals will be key since this will also boost profits. In addition, the firm may undertake a business energy audit which their potential new supplier may offer which could find them reducing consumption and increasing their savings. For example, the Carbon Trust says that a company reducing their energy costs by 20% could find their bottom line rising which would equate to a 5% increase in sales. The Carbon Trust points to regular energy saving tips including switching off PCs and computer screens for the night and at weekends which could reduce energy consumption significantly. Switching off lights when not needed is also a way to save money. Also, poorly maintained boilers may add up to 30% for a firm’s heating costs. Accessing cheap business electricity and gas supplies All these are simple measures that each company and organisation could undertake to reduce their energy costs and an energy audit will reveal more though the main savings will come with accessing cheap business electricity and gas supplies. Indeed, by simply switching to a more affordable energy price, the company will save significant sums of cash. For those companies who have never switched energy suppliers before, then the procedure for understanding how to find a new supplier and understanding the tariffs available can be confusing. The process may also appear to be time-consuming but there is help at hand and businesses could utilise a cost comparison website to discover which companies are providing better deals. Indeed, understanding the firm’s current energy bills will be critical for finding a cheaper deal and one survey has revealed that 23% of companies don’t assess their statements because they don’t have time to do so. More worryingly, many of the survey’s respondents said they believed their bill was correct. Cheap business gas supply Along with making use of a cost comparison site – whether that’s for cheap business gas supply or for electricity – a company could be enticed to switch by simply looking at the prices that are offered – however they should also think about the other potential costs too. This includes the standing cost from the energy provider and these will vary between suppliers so what seems to be a low-cost cost per unit of energy becomes a different scenario when this standing cost is contemplated. There is an issue also of which contract to pick, while many suppliers will have fixed rates, some providers will provide a flexible contract. While many company owners are going to be short on time to take on this form of investigation and comprehend what their energy needs are, it will be time well spent in the long run.   For all those organisations which are looking for cheap business energy deals to help boost their profits, the team at D-Energi can help save time by finding the best deals currently available.
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5 May

How Easy Is It To Switch Energy Suppliers

by Simon Thompson
 
For any business asking how easy is it to switch energy suppliers, the answer is very easy. The process itself is simple and straightforward and the government, along with the regulator Ofgem, encourage firms to shop around and find better energy deals. It’s also important that when it comes to switching energy suppliers that there is no loss of energy supply to the firm’s business. Indeed, it’s also possible to enjoy the services of experts who know how the market works and can source a cheaper deal and then take care of the switchover process itself. This will mean speaking with the expert team at D-Energi who have the expertise and experience to deliver what a business is looking for. Government is keen that firms switch energy suppliers One of the reasons that the government is keen that firms switch energy suppliers is to encourage competition in the marketplace so that prices will fall and firms will see their overheads reduce as a result. In addition, new suppliers are also offering better levels of customer service and some offer energy audits as well. There’s a lot to recommend switching energy providers for business because this is an exercise that should be undertaken annually when their contract renewal comes up for discussion. It’s important to remember that a business cannot switch energy supplier mid-contract and they must wait until the contract is due for renewal and the supplier will contact them with their new terms. Inevitably, there will be suppliers available who will offer energy at a lower rate and some firms can save several thousands of pounds by simply switching suppliers. Energy switch by a firm can occur every year In addition, the energy switch by a firm can occur every year in a bid to maintain current rates or find cheaper energy rates by simply switching energy providers when the contract is due. It’s also important to appreciate that around 40% of firms admit they have never switched energy providers which mean they are probably paying more than they need to for their energy supply. And since all firms will need electricity supply for their day-to-day functions means this is a crucial cost for the business to pay. Also, firms who do not switch every year when their contract is due for renewal must appreciate their supplier will probably move them across to a ‘deemed’ contract where the rates are often very much higher than they currently pay. If your firm is on a deemed contract then it’s time to make a quick phone call to reduce energy costs.   More help and information about how a firm can switch energy suppliers to save money and boost profitability is available from the D-Energi team.
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3 May

Tips On Finding New Business Energy Suppliers

by Simon Thompson
 
With the government actively encouraging businesses to find new business energy suppliers means more and more organisations are looking to save on their costs. For those who want to do so, there are some essential tips that may prove helpful. The first tip is to understand that they cannot leave a supplier mid-contract and will have to wait until their supplier contacts them before the contract ends to reveal what their new energy rates are going to be. This is the moment then to begin a search for a new energy supplier and find cheaper energy. While the business could shop around and make several phone calls, they can also utilise a comparison website which will conduct a quick search of business energy suppliers to find their prices. Understand that the market for business gas suppliers It’s also important to understand that the market for business gas suppliers, and also electricity, doesn’t quite work in the same way as it does for domestic supply. For one thing, electricity and gas are treated as separate fuels so the business will need separate contracts. They cannot get a dual fuel supply. This also means, obviously, they have to do twice as much work because they will have to contact suppliers separately for their gas and electricity needs. This also makes it a bit more difficult when comparing energy rates and prices. The contract a business will sign, though they may be careful to give a verbal agreement over the telephone, will also be stricter than for a domestic energy supply. Check out the latest business electricity suppliers’ offerings So, having trialled a few comparison websites to check out the latest business electricity suppliers’ offerings, for example, the business will have a good idea of what the market rates are for their supply and they will need to speak with the energy suppliers separately to get a bespoke deal. The business organisation shouldn’t be too surprised if the price they are quoted is more because the supplier must tailor their offering to the business’s needs. For small firms particularly, this can appear to be a time-consuming process and it’s a good idea to contact energy brokers who understand how the market works and can find good quality energy suppliers offering much cheaper rates. This can be done during one phone call and the firm concerned will only need a few details, including the businesses meter numbers, to find a new supplier.   When it comes to wanting tips to find new business energy suppliers, contact the helpful team at D-Energi who will be happy to help and explain more about how they can save a business money on their energy costs.
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