7 Mar
Save On Energy Costs with Cheap Business Energy Prices
Posted on Mar 7, 2024
by Pace Chan
If you are a business owner looking to reduce your energy expenses with cheap business energy prices, this article provides valuable insights on how to achieve this goal.
While you could contact energy providers directly, it is advisable to avoid the ‘Big Six’ energy supplier since they may offer similar deals that may not result in substantial savings. Making the switch to such providers could be a costly mistake to make.
That’s because there are numerous smaller, newer business energy providers competing in the marketplace and they may have competitive business energy deals specifically tailored to meet your needs. By considering these alternatives, you can effectively lower your energy bills.
Switching to a cost-effective business electricity provider
Switching to a cheap business electricity provider isn’t just about saving money. It’s also a way to access better customer service and additional features such as consultancy services to help your firm improve energy efficiency, lower energy consumption and make bigger savings as a result.
Exploring the business energy supply market every year will also ensure that you are not overpaying for your energy needs and will foster competition so all businesses will benefit.
In addition to contacting energy providers directly, you could use an online comparison website to find a cheaper supplier but the comparison website may not cover the entire market and you’ll still need to speak with an energy supplier directly as they need to offer a bespoke tariff that meets your needs and will need specific information.
Cost-effective business gas deal
This applies not only to businesses seeking a cost-effective business electricity deal but also to those in need of a business gas deal. Although firms can’t access a ‘dual fuel’ deal, it’s possible to have the same supplier deliver both types of energy.
One effective way of dealing with this issue of searching the entire marketplace easily is to speak with the experts at D-ENERGi who will take a few details and can source the best energy tariffs of business electricity and gas that could save your firm a substantial amount of money. The UK-based team will be with you every step of the way to switch business energy supplier, ensuring a quick and hassle-free transition.
Depending on what your business does, where it is located and how much energy you use, some firms could save up to 25% on their energy overheads every year, particularly if they haven’t switched for several years. This means that even small businesses can save hundreds of pounds while larger businesses can save tens of thousands.
These significant savings make the effort of exploring the business energy supply market well worth it and will help substantially reduce your firm’s overheads.
To learn more about lowering your energy costs with cheap business energy prices, don’t hesitate to reach out to the experienced team at D-ENERGi.
Making one of your employees an energy champion can be a very effective way of controlling energy costs and the Carbon Trust has published a number of tips for how to make the best of such a role.
They include:
Reporting energy waste they notice, such as equipment left on unnecessarily.
Ensuring equipment and machinery are well-maintained and working efficiently.
Contributing and gathering ideas for improving the way things are done.
Testing and implementing new processes.
Communicating good practice and being an ambassador for change.
It’s also vital that your energy champion has the visible support of top management and all the necessary resources they need to be effective.
According to the Carbon Trust approach, the energy champion should:
Be the eyes and ears for energy wastage.
Be responsible for reading meters and checking fuel bills.
Develop a weekly or monthly checklist of duties.
Consider forming an action team to report on progress and encourage further action.
A good way of identifying waste initially is to stage an energy walkabout. Because your energy usage patterns will vary throughout the day, the walkabout times should be varied to match, for example, when the cleaners are in, at lunch, and at night or over weekends.
From these walks, your energy champion can identify where energy is being wasted and the possible reasons. Is it a lack understanding, are procedures being overlooked, is repair or necessary to reduce energy costs, or there is a need for capital investment.
We’re proud business energy suppliers with a passion for supporting companies of various sizes, whether with competitive gas tariffs, electricity or 100% UK wind power. Contact our team today to learn more.
We’re proud business energy suppliers with a passion for supporting companies of various sizes, whether with competitive gas tariffs, electricity or 100% UK wind power.
Contact our team today to learn more.
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Finding Cheap Business Electricity
Finding cheap business electricity can be challenging when every supplier offers such competitive rates. This is why you should make the effort to shop around and receive as many quotes as you possibly can. Although this may be a chore, it is regarding one of the main factors within your business – money.
Ofgem Recommendations
The leading regulatory body, Ofgem recommend that you shop around for electricity rates, at least every three years to ensure you are being delivered the best tariff for your business electricity needs. When we say shop around, we mean the whole market. Do your research, look into energy suppliers that you may never have heard of previously, and try to look further into suppliers that don’t fall under The Big Six.
We are only a phone call away…
If you are looking to seek consultancy with regard to your electricity, D-ENERGi can review your electricity and advise you on what is best for you and your business when it comes to electricity. Please don’t hesitate to give us a call at 0800 871 7626 to speak with one of our experienced Account Managers in-house to help you understand your electricity as opposed to developing knowledge in generic electricity rates. Every business’s electricity needs are highly unique and you should not feel as though there is only one route you can take.
Hidden costs in electricity
Something that isn’t outlined by every supplier is the fact that there are several other charges that relate to electricity supply. We like you to be involved and we want you to have a 100% understanding on just where your electricity budget money is heading.
Some electricity quotes can be referred to as a mine field quote which can be presented in many different manners and can prove to show hidden costs. We can give you a cost analysis penny-to-penny of what and where you are spending your money on your business electricity.
P272
P272 is a new regulation given by Ofgem which affects around 167,000 businesses. P272 is mandatory and affects the way all electricity suppliers settle electricity consumption for businesses within a specified energy use. This will result in sites being migrated from non-half-hourly meters (NHH) to half-hourly meters (HH), and enable suppliers to produce more accurate bills.
More information and an infographic regarding P272 can be found here. If you would like to read our blog on P272 this can also be found here.
Get competitive rates today with a free quote
If you wish to seek electricity or any energy consultancy we are here until 5.00 pm every day ready to answer any questions you may have. Please call 0800 781 7626 for further information.
You can receive a free, no-obligation quote here and start to compare electricity rates today!
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