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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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20 Apr

Understanding Business Energy Prices to Save

by D-ENERGi
 

While many firms and organisations will spend time finding a new energy provider, understanding how business energy prices are calculated will be helpful.

That’s because a potential new supplier may offer what appears to be a great deal but on closer examination is nothing of the sort.

An effective way of resolving this issue and accessing the best business energy prices is to speak with the D-Energi team.

However, if you want to shop around then understanding how the costs are broken down will help but there are two important issues that you need to appreciate.

Potential new business energy supplier

Your potential new business energy supplier will offer a unit cost which is the price per unit of energy, calculated as kWh, that your business will use.

There’s also a standing charge which is a daily cost that you must pay regardless of your energy usage. This cost is set for each kilowatt hour of energy your firm will use.

It may appear that a firm offering a quote will deliver a low unit cost which may appear to be a big saving but the standing charge may increase slightly so the savings effectively disappear.

There are also other issues affecting the price a potential supplier may offer and these include the amount of energy you use, your location and whether you want to sign up for a long-term contract.

Switching business energy provider

There’s no doubt that by switching business energy provider you will probably save substantial amounts; even a micro business can save hundreds of pounds every year.

This saving will obviously depend on how much energy the firm is using but larger concerns could make savings that run into thousands of pounds.

This means that carrying out a business energy comparison every year when your current supplier offers a new contract could be an effective way of reducing overheads and boosting profitability.

Sadly, a survey by the government highlights that 40% of firms have never switched so they are likely to be paying a lot more for their energy when a phone call of just a few minutes will reveal what the potential savings are.

Also, the switchover process is straightforward and there is no loss of supply to your business premises when you do switch to a new provider.

If you want to know more about how business energy prices are calculated so you can save on your overheads, then it’s time to speak with the expert team at D-Energi.