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.

contact-banner

2 Jul

What Your Business Needs to Know About P272 Legislation

by D-ENERGi
 

All businesses who have electricity meters meeting the 05 to 08 profile will need to know about P272, if they already haven’t done so.

That’s because on 1 April 2017, large electricity users have had to switch to a meter that’s more efficient and delivers accurate bills.

The legislation was brought in by Ofgem and all firms have now switched across, regardless of the energy supplier they use.

Essentially, the meter upgrade will see your half-hourly electricity usage being sent to your provider so there’s no need for estimated bills.

These meters, they are also known as HH meters, should have been installed for all firms affected by the legislation and, if not, then you need to contact your current provider and have this rectified.

Big attraction for the P272 legislation

The big attraction for the P272 legislation is that the data generated by the meter can be used by the firm to source a cheaper supplier to meet their electricity needs.

That’s because a potential new provider can utilise the information generated by the meter to find out when your peak periods of usage are and then tailor an offer to better meet your requirements.

Your business can also use software to analyse its electricity usage to see where you can make savings by lowering usage levels and some electricity suppliers may also offer a consultancy service to do this for you and help you enjoy larger savings over a longer period.

More than 100,000 firms have been affected by the P272 legislation which means that when their current provider contacts them with details of their next year’s contract means they have access to the details necessary for switching to a new supplier.

Accessing cheaper bills with a new provider

It’s this opportunity of accessing cheaper bills with a new provider that was one of the reasons the P272 changes were introduced.

Unfortunately, one government survey has highlighted that around 40% of firms in the UK have never bothered switching their electricity supplier so they are probably paying over the odds for their electricity needs.

And since all firms and organisations will be requiring electricity for their everyday activities, it makes sense that this utility should be appraised every year as this is an excellent way to help lower overheads also.

If you and your business would like to know more about the P272 legislation and the impact it has had on helping to deliver cheaper electricity bills, then it’s time to contact the team at D-Energi.