17 Jan
Business Energy Comparison: What to Remember When Completing One
Posted on Jan 17, 2022 by D-ENERGi
It is a good idea for all businesses to keep an eye on their business energy suppliers and the rates they are charging to make sure you are getting access to the best deal possible. Completing a business energy comparison is therefore a time investment that will definitely pay you back – as many businesses the D-ENERGi team works with have reported considerable savings when they switch suppliers.
When you are looking at a business electricity or business gas comparison, however, it is prudent to keep a few things in mind:
#Always read the small print
It is essential you take the time to read every aspect of your commercial energy contract before you sign it as some contracts contain a specific window in which you are allowed to cancel or switch the contract without penalty.
You probably won’t ever be refused the opportunity to be let out of your contract if you do choose to switch business energy suppliers outside of this window – but you will potentially be liable for quite large costs, so you should think about your timing carefully.
#Be sure of your expectations
A lot of businesses state that their number one reason for switching business energy suppliers is to save money, which they do, to begin with only to find that their bills go up over time despite their energy usage not increasing.
Don’t ever take it as certain that you are guaranteed to save money throughout the length of your new business energy contract. Look at your energy usage and what you are paying for it at the start of your contract, and monitor it throughout the length of your contract so that you can be sure you are really saving the money you thought you would.
#Be patient
Don’t just plump for the first deal you are offered – take some time to consider it carefully. Remember, you are the one who is in control, so you should only move business energy suppliers when you are ready.
Get in contact with the D-ENERGi team, tell us your current circumstances and what you are looking for, and then leave the rest to us. We will contact the suppliers on your behalf and come back to you with some options – leaving you to decide which energy contract is the right one for you and your business.
If you want to complete a thorough business gas and business electricity comparison, then get in touch with the D-ENERGI team. We just need a couple of minutes of your time, and we can potentially save you money on your business energy bills.
Making one of your employees an energy champion can be a very effective way of controlling energy costs and the Carbon Trust has published a number of tips for how to make the best of such a role.
They include: Reporting energy waste they notice, such as equipment left on unnecessarily.
Ensuring equipment and machinery are well-maintained and working efficiently.
Contributing and gathering ideas for improving the way things are done.
Testing and implementing new processes.
Communicating good practice and being an ambassador for change.
It’s also vital that your energy champion has the visible support of top management and all the necessary resources they need to be effective.
According to the Carbon Trust approach, the energy champion should: Be the eyes and ears for energy wastage.
Be responsible for reading meters and checking fuel bills.
Develop a weekly or monthly checklist of duties.
Consider forming an action team to report on progress and encourage further action. A good way of identifying waste initially is to stage an energy walkabout. Because your energy usage patterns will vary throughout the day, the walkabout times should be varied to match, for example, when the cleaners are in, at lunch, and at night or over weekends.
From these walks, your energy champion can identify where energy is being wasted and the possible reasons. Is it a lack understanding, are procedures being overlooked, is repair or necessary to reduce energy costs, or there is a need for capital investment.
We’re proud business energy suppliers with a passion for supporting companies of various sizes, whether with competitive gas tariffs, electricity or 100% UK wind power. Contact our team today to learn more.
We’re proud business energy suppliers with a passion for supporting companies of various sizes, whether with competitive gas tariffs, electricity or 100% UK wind power.
Contact our team today to learn more.
Read Article Finding Cheap Business Electricity
Finding cheap business electricity can be challenging when every supplier offers such competitive rates. This is why you should make the effort to shop around and receive as many quotes as you possibly can. Although this may be a chore, it is regarding one of the main factors within your business – money.
Ofgem Recommendations
The leading regulatory body, Ofgem recommend that you shop around for electricity rates, at least every three years to ensure you are being delivered the best tariff for your business electricity needs. When we say shop around, we mean the whole market. Do your research, look into energy suppliers that you may never have heard of previously, and try to look further into suppliers that don’t fall under The Big Six.
We are only a phone call away…
If you are looking to seek consultancy with regard to your electricity, D-ENERGi can review your electricity and advise you on what is best for you and your business when it comes to electricity. Please don’t hesitate to give us a call at 0800 871 7626 to speak with one of our experienced Account Managers in-house to help you understand your electricity as opposed to developing knowledge in generic electricity rates. Every business’s electricity needs are highly unique and you should not feel as though there is only one route you can take.
Hidden costs in electricity
Something that isn’t outlined by every supplier is the fact that there are several other charges that relate to electricity supply. We like you to be involved and we want you to have a 100% understanding on just where your electricity budget money is heading.
Some electricity quotes can be referred to as a mine field quote which can be presented in many different manners and can prove to show hidden costs. We can give you a cost analysis penny-to-penny of what and where you are spending your money on your business electricity.
P272
P272 is a new regulation given by Ofgem which affects around 167,000 businesses. P272 is mandatory and affects the way all electricity suppliers settle electricity consumption for businesses within a specified energy use. This will result in sites being migrated from non-half-hourly meters (NHH) to half-hourly meters (HH), and enable suppliers to produce more accurate bills.
More information and an infographic regarding P272 can be found here. If you would like to read our blog on P272 this can also be found here.
Get competitive rates today with a free quote
If you wish to seek electricity or any energy consultancy we are here until 5.00 pm every day ready to answer any questions you may have. Please call 0800 781 7626 for further information.
You can receive a free, no-obligation quote here and start to compare electricity rates today!
Read Article