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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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5 Feb

Should You Compare Business Energy Prices per kWh?

by D-ENERGi
 

In the search for cheaper utility bills, you may be wondering whether you should compare business energy prices per kWh (kilowatt hour) and whether there are bigger savings to be made.

Firstly, it’s important to understand that there is a lot of competition in the business energy supply market and it will be more complicated than finding a new supplier for our homes.

In addition to finding a supplier, businesses also need to consider whether the plan being offered is the right one for their needs and how much it will cost.

And how much business energy deals will cost will depend on the firm’s size, what they do every day for business and the location of their premises.

Deals are expressed for business electricity rates per kWh

So, when a firm begins the search for a new electricity supplier it will become apparent that the deals are expressed for business electricity rates per kWh and some firms may find this confusing.

Before switching supplier, it’s important that firms contact several potential suppliers for a quote and get their price per kWh which will be expressed in pence.

However, we should highlight that you should tread carefully because while the ‘big six’ energy suppliers may offer the highest prices per kilowatt hour, you also need to check the standing charge which is also expressed in pence per day.

Essentially, a supplier may offer what appears to be a great tariff in price per kWh but the standing charge may be much more than their competitors.

Process to compare energy prices

This means the process to compare energy prices is anything but straightforward but there are websites available to help you understand what the potential market rate for your business might be.

The downside to using an online comparison website for business electricity rates is that they may not be searching the entire market and you’ll still need to contact the supplier directly.

It’s also a time-consuming process to speak with several suppliers and give them the same information every time to get a bespoke quote.

And even with the bespoke offering, you will still need to calculate which will be the best deal on offer by looking at the price per kilowatt hour and also the standing charge.

 

An easy way to shortcut this process for anyone looking to compare business energy prices per kWh is to speak with the team at D-Energi who have access to the latest and best deals.