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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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3 Sep

Understanding Half Hourly Electricity Prices to Save

by D-ENERGi
 

The main reason why a firm should understand half-hourly electricity prices is to save a substantial amount on their overheads.

Essentially, half hourly electricity metering, or as it is sometimes known as ‘HH meters’, is used by large power users so their usage can be monitored more effectively.

As the name of the meter suggests, the amount of electricity being used is read by the supplier electronically every 30 minutes and the data is recorded.

Not only does this mean that your firm will be paying the correct amount for its electricity use but it also means there’s no need for estimated bills any longer.

Half hourly electricity meters

These half hourly electricity meters are now required for businesses that are big users of electricity and tend to include warehouses, factories, breweries, large offices, and supermarkets.

Essentially, the aim is to help a firm access cheaper prices because these prices are quite different from the electricity prices we pay for our homes.

The prices paid by large consumers of electricity are defined in their contract but also the prices are affected by their location, the industry they work in as well as the time of year they look to switch providers.

This means there is a need for experts who understand how half hourly electricity prices are compiled and how to find the cheapest rates.

What half hourly electricity suppliers offer

This will mean speaking with the team of experts at D-Energi who can discuss what half hourly electricity suppliers will offer.

All firms that use HH meters will have access to the data – if it is not from their supplier they can get a software to analyse how and when they are using their energy.

This data can also be used by a potential supplier to offer a competitive contract with accurate prices.

Also, the data may highlight when a firm could switch to off-peak times to enjoy even cheaper prices or show how an energy efficiency programme may help reduce their bills.

For larger businesses, this switch to off-peak periods may lead to a substantial reduction in their bills and boost productivity at the same time.

For more help and information about understanding half hourly electricity prices and HH meters then it’s time to speak with the experts at D-Energi.