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The Energy Bill Relief Scheme

D-ENERGi would like to commend the Government Department for Business, Energy & Industrial Strategy (BEIS) and all civil servants involved working around the clock to implement the Energy Bill Relief Scheme. We appreciate BEIS efforts in working with all non-domestic suppliers over the last few weeks. We would like to take this opportunity to reassure our prospective and existing customers and clarify the following:

  • The scheme is only open to customers which have signed agreements with their suppliers from the 1st April 2022 onwards. The Energy Bill Relief Scheme comes into effect from the 1st October and a discount will be applied until 31st March 2023.
  • All energy suppliers will apply the same discount. This discount will automatically appear on your statements.
  • The BEIS department recommends all customers continue to enter into fixed price agreements as normal to shield businesses from future wholesale price increases. This way we can ensure all our customers are protected from the volatility in the current wholesale market.
  • As portrayed in some media outlets there is no price cap for businesses. The price cap is on the wholesale element price only. Please do not expect the unit rates of 21.1 p/kwh for electricity and 7.5 p/kwh for gas to appear on your bills. These rates do not include the many other non-commodity costs which make up your bill for both gas and electricity.
  • For customers who qualify for the Energy Bill Relief Scheme we kindly ask all qualifying customers to provide us with monthly gas and / or electricity meter reads until end of the scheme. This should be done ideally on the first day of the month or no later than the 10th.This will be a great help to get your bills as accurate as possible and ensure we apply the right discount throughout the scheme period.

For the latest information on the Energy Bill Scheme please visit www.gov.uk/guidance click here

D-ENERGi is a real alternative to the big six energy suppliers.

Incorporated in 2002 we have become one of the longest established and well respected UK independent businesses energy suppliers.

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14 Sep

How to Compare Business Electricity Prices Per kWh

by D-ENERGi
 

There is no easy way to compare business electricity prices per kWh as there is no standard price for it at the moment, so it can be difficult for businesses to know how much they should be paying.

Having said that, there are some figures available out there that try and show what the average number of kWh business may use on average on annually, by business size, which is a good place to start:

  • A Micro Business (employs less than ten people) will probably use around 8000 kWh a year
  • A Small Business (employs between ten and fifty people) will probably be around 20,000 kWh per year
  • A Medium Business (employs between fifty and two hundred and fifty people) will probably use around 40,000 kWh per year
  • A Large Business (employs over two hundred and fifty people) will probably use around 60,000 kWh per year

 

Research has shown that Small and Medium businesses tend to pay between 2.9p and 3.4p per kWh but have a higher standing charge of approximately 70p a day. Lower prices for kWh tend to be reserved for those companies that are using 100,000 kWh or more.

As you can imagine, the business electricity prices per kWh can vary dramatically depending on which energy company your contract is with, as well as how many kWh you are using. This is why it is best to compare your annual bill when looking at switching suppliers, rather than just focusing on the absolute rates. Make sure you have your past years’ consumption data to hand when you are comparing prices so that you get a truer picture of what the overall price might be.

It is important to keep in mind as well, that the price per kWh is not the only cost you will see on your bill, you will also see a standing charge – which is paid at a daily rate regardless of how much energy you actually use. You will also see taxation charges as well, such as VAT and CCL (Climate Change Levy).

Keep in mind as well that business gas prices per kWh tend to be lower than business electricity prices as well. If you are thinking of switching business electricity or gas supplier, then contact the team at D-ENERGi as we can help make the process much simpler.