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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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4 Apr

How Your Business Can Save with P272

by D-ENERGi
 

One of the big changes experienced by firms in recent years was over how they were billed for energy use which is why the understanding of the term P272 is important.

Essentially, P272 describes the type of meter being used by a firm or organisation and will measure how much energy is being used more accurately.

This means there will be no more estimated bills and a potential new business energy supplier will see how much energy you are using and when you use it.

The meter sends this information to the supplier every 30 minutes which means they are sometimes referred to as half hourly, or HH, meters.

P272 legislation

The P272 legislation means that large energy users, they have meters with the number 05-08 in the top left-hand corner on the meter’s front, have been switched to the new arrangement.

The deadline for having a half hourly meter was 1 April 2017 and should have been done automatically. If not, and you are on the wrong meter, then you need to contact your energy supplier or the D-Energi team.

The aim of the P272 legislation was to help the suppliers of energy organise supplies more effectively because they could easily predict periods of demand more easily.

By doing so, their savings could then be passed on to large energy users as a result for them to enjoy cheaper bills.

This is part of a push by the government to help introduce more competition in the energy supply marketplace since a survey highlighted that 40% of firms have never switched so with more firms looking for new energy providers should lead to more competition and lower bills for all organisations.

Introduction of P272 was by the industry regulator Ofgem

The introduction of P272 was by the industry regulator Ofgem so if your firm is looking to renew your energy supply contract then this might be an important consideration.

It may also be a confusing issue if you have been unaware of P272 or half hourly meters previously but the data from the meter should help you access cheaper deals.

It’s also possible to use software to analyse the data produced by your P272 meter and you can use this to help reduce your energy usage levels. As mentioned earlier, a potential new energy supplier can also use this data to offer a bespoke deal that will meet your needs.

 

If your business is looking to save money on your energy supplies then it’s important to not only shop around for a new supplier but if you are a large user then understanding how P272 works for you is also crucial to access the best deals and, again, the D-Energi team can help with information and source a cheaper supplier.