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13 May

Understanding Your Commercial Energy Prices

by Simon Thompson
 

When it comes to understanding your commercial energy prices, then a firm’s electricity and gas bills are not always the easiest to understand.

Not only does a business owner need to appreciate the layout and terminology, but there are also various figures and abbreviations to appreciate.

This means that, understandably, most business owners don’t try to work out their bills to see whether they can access cheaper commercial energy prices with a new supplier.

One issue is that businesses need to appreciate the total amount being paid over a year and they may have questions about why their commercial energy prices don’t appear to be falling.

Searching for a commercial energy quote

Part of the problem when searching for a commercial energy quote from a new provider is that they may offer a cheaper unit price – that’s the amount charged for the gas and electricity used by your firm.

However, they may charge much more than you currently pay for the standing charge, which is the amount paid to the National Grid for the supply of gas to your premises.

Since this isn’t a set fee, it does vary hugely between providers and it may help explain why your commercial energy bill never appears to reduce.

And there’s more to your bill than accessing cheaper unit rates so you will need to pay particular attention to the standing charge and other fees that may be incurred.

Reduce commercial energy overheads

In addition, all businesses can take steps to reduce their commercial energy overheads by reducing the amount of energy that they use on a daily basis.

There are simple steps that firms can take such as introducing newer and more efficient energy equipment, particularly for computers and printers, and also switching lightbulbs to energy efficient alternatives.

Indeed, upgrading your firm’s lighting could save a substantial amount every year, along with turning off lights when they are not being used and removing unnecessary lamps in areas that are brightly lit.

It may also make sense to introduce dimmer controls so employees can adjust brightness levels to suit their tastes.

It’s also possible to find a new supplier offering an energy consultancy to help a firm reduce its energy consumption levels so that they enjoy lower bills – and boost their ‘green’ credentials.

When it comes to understanding commercial energy prices and to avoid expensive standing charges, then you need to speak with a friendly team at D-Energi.