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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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27 May

Understanding Your Business Electricity Bill

by D-ENERGi
 

There’s no doubt that running a business means dealing with lots of different tasks during the day but understanding your business electricity bill could save you a small fortune.

Despite this opportunity, you probably never take a close look at your business energy bills when spending a few minutes doing so can pay dividends.

Essentially, there are three important elements of every business energy bill you need to be aware of and they are:

·        The unit rate

·        The standing charge

·        The contract end date.

And while there are other costs, these are the most important issues to consider.

Check your business electricity supplier meter

It’s also important that you check your business electricity supplier meter once in a while and understanding how to do so really will help.

Some firms will still have a meter reader or data collector visiting to collect their meter readings.

Sometimes they may not be able to gain access to your premises, so you may have estimated bills and still need to submit your own meter reading.

It makes good business sense to keep track of the meter readings to ensure that you pay for the electricity that you use.

So whether you have a digital electricity meter or an analogue one, you read the numbers from left to right and ignore the last red number.

Cheaper supplier with lower business electricity rates

When it comes to understanding your business electricity bill, there’s a wealth of information to find a new, cheaper supplier with lower business electricity rates and it’s here that the experts at D-Energi can help you.

With the information from your bills and meter to hand, you will be able to shop around and check on business electricity rates and whether there are cheaper deals available.

Essentially, you’ll need to calculate what a potential new deal will cost over a full year and this is where you’ll need to calculate the unit rate and the standing charge and you’ll have a good idea of how much energy you will be using from the meter readings and the bills.

Some firms will make the mistake of seeing a lower unit rate, this is the amount you pay for electricity used on your premises and believe they are making a saving. However, the potential supplier may have a higher standing charge to make up for the lower unit price.

When it comes to firms understanding their business electricity bill, then all of this information is useful in the search for a cheaper supplier and it’s here that the experts at the D-Energi can help you.