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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

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11 Aug

What P272 Means To Businesses

by D-ENERGi
 

With more than 100,000 firms affected by a change in business energy regulations, a fair number of them may be wondering what P272 means for them.

Their business energy supplier should have taken steps already to explain what the changes have meant – if they are affected.

Essentially, P272 means that the firm’s energy bill will now be calculated in a different way – but it will mean they receive more accurate bills as a result.

This is done because a reading from their meter will be sent to their energy supplier every half-hour for the bill to be accurate.

This means there’s no more estimating of energy bills and the firm will see how much energy they are using and when; this is information they can use to negotiate a better deal.

When P272 was introduced

When P272 was introduced, it was mainly for larger users of electricity with electricity meters with the numbers 05 – 08 on them.

These new meters are effectively smart meters but they will be able to help firms move their business processes to off-peak times to enjoy lower bills, should they want to.

And, as mentioned previously, firms can also use the data as there is a growing number of software packages available to do this, to see where and how their firm is using energy.

This means they may able to introduce energy efficiencies to help reduce their bills even further.

P272 legislation

However, the P272 legislation means firms will have enough information to hand so they can use this when negotiating with their current energy supplier or for switching suppliers.

That’s because energy suppliers need to offer a bespoke deal for a potential client and the data will be crucial for this process.

This also means that the firm can more easily access cheaper energy deals from a new supplier and the team at D-Energi can explain more about why and how this will work.

For those firms who think they may be affected by P272 but haven’t been contacted by their current supplier about switching meters, then it’s time to find out more.

Firms in the UK need to be P272 compliant

Also, all firms in the UK need to be P272 compliant by April 1, 2016, and it’s also at this point that their business electricity tariff may have changed.

 

For more help and advice about what P272 means to businesses and how firms can utilise the data to enjoy lower energy bills, speak with the experts at D-Energi.