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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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26 Nov

How to Get the Best Commercial Electricity Rates

by D-ENERGi
 

The first step, if you are looking to get the best commercial electricity rates for your business or organisation is to source as many quotes from energy suppliers as possible.

For comparison purposes, you will need to source quotes that are based on your current needs to find the best deal.

This issue also extends to micro and small businesses since some suppliers will have specific tariffs to meet their needs.

A micro business is defined as an operation with 10 or fewer employees and turning over less than £2 million per year.

Also, a micro business must be offered extra support when switching suppliers and have more details about how their current tariff compares with the old one.

Commercial electricity quote

Your firm’s business electricity quote also needs to consider whether you are looking for a fixed tariff – that’s where your electricity costs will remain the same throughout the contract.

And while fixed tariffs tend to be cheaper you will be tied into a contract until it ends and cannot switch providers before then.

The alternative is to consider a flexible energy contract, so you may have to pay for energy upfront but there will be lower rates offered for this purpose – though should the price of energy fall during the contract, then this will not deliver any savings.

Alternatively, it is possible for firms to install a smart meter, so they pay for the electricity they use or you could source renewable energy from providers and boost your environmental credentials.

Considering electric prices between providers

The next important issue when considering electric prices between providers is how the supplier puts their quote together.

In order to access the cheapest tariff, you need to appreciate the unit price, that is the cost per kilowatt hour (kWh) of electricity used, plus the standing charge, this is a fee paid daily for the supply of electricity.

So, while a potential new supplier may have a low unit price, they may have a higher standing charge, so your electric bill may actually increase when switching providers under these terms.

If you would like more help and information on how to get the best commercial electricity rates, then you need to contact the experts at D-Energi.