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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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16 Jan

Your Firm’s Half Hourly Electricity Prices

by D-ENERGi
 

Since growing numbers of firms and organisations have half hourly or smart meters installed, it makes sense to understand what half hourly electricity prices are available.

The easiest way to reduce electricity costs is to switch supplier and since half hourly meters record the energy used every 30 minutes, you can access this information to find out when your peak periods of use are.

Having this refined data about your firm’s energy consumption is also useful for a new supplier to quote for your needs.

Switching is a lot easier than many firms appreciate and you need to check your current business energy contract to see when you can move to a new provider.

New half hourly electricity suppliers

Before switching to new half hourly electricity suppliers you should take the time to work out how much electricity you are using and when.

This data will be crucial in choosing the correct tariff since you will need to understand unit charges and also standing charges.

Essentially, for those who are high energy users, it may not be the cheapest option to switch to a supplier offering lower unit rates without taking into account the standing charge, which may be much higher and affect the overall contract cost.

There also needs to be a discussion of whether your firm wants to be tied into a longer-term energy supply contract since these may offer cheaper prices and, should prices rise, help protect you from increasing costs.

These contracts can run for two or three – and sometimes up to five years – which may help with cash flow planning and bring peace of mind for many firms.

Business half hourly electricity supply market

The business half hourly electricity supply market is a competitive one and you may need help in searching to source the right business tariff for your needs.

There are energy comparison and switching services available to help to make comparing the various energy packages a lot simpler but these may be confusing to use and a comparison may not be searching the entire market to find the best deal for you.

Perhaps the best way is to contact D-Energi and explain what you would like from a new electricity supplier and let the team find the best possible deal available.

They can also help with the switching process, so there is a seamless transition between providers.

If you and your business want to know more about half hourly electricity prices and switching to a new supplier, then it’s time to contact the friendly team at D-Energi.