X

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.

contact-banner

Main Form

24 Nov

What is P272 and how does it affect my business?

by D-ENERGi
 

Businesses will be affected by a new regulation called ‘P272’ which will require some of them to use automated energy meters that will send their usage to the energy supplier every half-hour.

The idea is the new system will give business energy suppliers an incentive to buy electricity that will meet their customers’ needs and it should mean that the P272 regulation will lead to businesses receiving more accurate bills.

By doing so, the business will then see what their energy usage patterns are and whether they can increase or even decrease their energy costs and usage.

Some firms stand to save thousands of pounds every year on their energy bills if they have several sites using energy.

Which businesses are affected by the P272 regulation

When it comes to finding out which businesses are affected by the P272 regulation means checking which electricity meter they have installed; if it’s under the 05-08 class then it will be affected.

The details are also on the energy firm’s invoice and will say something like ‘MPAN Profile Type: 05, 06, 07 or 08’.

If your business has not already moved to the new half hourly meters means that the new meters must be installed on site by April 2017 in order to meet the P272 regulations.

The process of this meter switchover began in April 2014 with larger business energy users being among the first to make the switch and all other firms must meet the deadline – failure to comply may see the business being placed on a contract automatically that may not meet their needs.

Meet the demands of the P272 regulation

For this reason alone it makes sense to meet the demands of the P272 regulation and make the switch to half hourly meters which is also a good opportunity for finding a new business energy supplier who will probably be able to supply energy at a lower rate. This means the business will be spending less and therefore making more profits.

This is also a good time to find an organisation who understands the P272 regulation and can help find a new business energy supplier with lower tariffs and better deals which will mean contacting the helpful team at D-Energi to use their expertise and experience.

Essentially, for anyone who is asking what is P272 and how does it affect my business then the short answer is it affects every business in the UK and they need to comply with its demands so for help in making the process easier and to understand it fully, contact D-Energi today.