X

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.

10 Aug

What is Maximum Import Capacity?

by D-ENERGi
 

In business, maximum import capacity refers to the highest level of energy that a business can bring in from an outside source. This information can be used by businesses to manage their energy prices and understand how much they need to bring in to cover their needs. By understanding their maximum import capacity, businesses can avoid overspending on energy. 

Managing your business energy 

Managing business energy can be a challenge, but understanding maximum import capacity can help. business owners and operators need to make sure they are not spending too much on energy, and that they are only bringing in enough to cover their needs. This can be a difficult balancing act, but by understanding maximum import capacity it can be easier to find the right balance.

What is Maximum Import Capacity (MIC)?

MIC is simply the maximum amount on the total electrical demand you can place on the network system. This should therefore be high enough to meet your demands. If it is not high enough you may be paying additional charges on your energy bill to cover the excess demand. 

MIC is most often shown in kilo-volt amps. You can find out what your MIC is by contacting your energy supplier. You are also able to adjust this amount, which is particularly useful if you are exceeding your capacity. 

Why is Maximum Import Capacity important?

When you apply for your electricity connection, this is most important for new business premises, it is important to choose the correct capacity for your premises for a number of reasons. 

The capacity you choose is the capacity of which the energy network will commit to delivering to your premises. This will then place an upper limit on the total electric load you can use as a company. 

If your MIC is too high or too low for your needs it will cost you money. You may notice on your energy bill the incurrence of an ‘Excess Capacity charge if your MIC is too low, whereas for those whose MIC is too high you may be paying for more than your company requires. 

Business owners and operators should keep in mind that maximum import capacity may change over time. As business needs change, so too will the maximum import capacity. It is important to stay up-to-date on this information to ensure that your business is not overspending on energy or putting itself at risk of not being able to meet its needs.