X

The Energy Bill Relief Scheme

We would like to take this opportunity to reassure our prospective and existing customers and clarify the following on the Energy Bill Relief Scheme (EBRS):

  • The Energy Bill Relief Scheme (EBRS) applies to fixed contracts agreed on or after 1st December 2021 as well as to deemed, variable and flexible tariffs and contracts. It will apply to energy usage from 1st October 2022 to 31st March 2023, running for an initial six-month period for all non domestic energy users..
  • All energy suppliers will apply the same discount. This discount will automatically appear on your statements. Customers do not need to apply for the scheme or contact us.
  • 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.
  • 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.

24 Feb

Is A Fixed Rate Tariff Best For Business Energy?

by D-ENERGi
 

Understanding the energy market and the details of the deals and prices available to you is important in ensuring you are not paying more than you should be for your business energy. In a financial climate like the one we are currently living through, businesses will be even more cautious to sign up to deals they are unaware of and as they should. 

If you are looking to set up a new business energy contract, you may be thinking “what’s best?”. In this blog we are hoping to clear the confusion slightly, delving into the topic of fixed rate tariffs for business energy. Reviewing whether these are best for businesses. 

 

What are fixed rate business energy tariffs?

Ensuring we are not assuming you already know the definition, we will start by simply explaining what a fixed tariff is. 

Fixed rate tariffs are a good option for businesses hoping to lock in a price for their business energy for the next year or two. Usually lasting between 12-24 months, a fixed rate tariff offers a way to pay energy bills that are not influenced by fluctuations within the wholesale energy market. However, as with any tariff you sign onto, the more you use, the more you will pay. The price you are agreeing to pay in the beginning, that stays locked, is the price you pay per unit.

 

How a fixed rate tariff benefits a business 

Unlike those receiving a salary from their employer, your business relies on the success of its sales each month to bring in revenue. Having the revenue to cover costs such as energy bills is absolutely vital to the survival of your business. Therefore, many tend to consider a fixed rate tariff as the most suitable type of energy contract for business energy customers, since the price per unit is locked in and is much more manageable than variable-rate deals. 

Some of the benefits of a fixed rate contract for businesses include: 

– They are typically cheaper than a variable rate 

– Enable the customer to be protected from the fluctuations of a volatile energy market

– Allows businesses to control their monthly spend by simply managing their energy usage

It is important to note that when you are looking for a fixed-rate tariff, how ‘cheap’ this will be will ultimately depend on the market at the time. Suppliers will determine their fixed prices based on the conditions of the market, so it is also important to bear this in mind when shopping around. 

 

D-ENERGi fixed price business electricity 

AT D-ENERGi we are continuously working to provide our business energy customers with the very best prices for business electricity. Our tailored solutions are designed to suit your business needs. With our offer of fixed price electricity guarantees you know exactly how much you will be paying each month, with no surprises. To get your free business electricity quote today and to find out more about our fixed tariffs, simply get in touch with our friendly customer service team.