For large, small or micro-businesses, looking to reduce their energy costs then understanding how to compare business energy tariffs. Just as we find when looking at household energy suppliers, the tariffs available for a business can vary hugely.
This means conducting more research and calling a potential business energy supplier to find their best offer on business electricity and gas.
However, the one thing to remember is a business can only compare their business electricity and gas tariffs separately between business energy suppliers since they cannot get a dual fuel deal like they can for their home.
It should be remembered though that there is a substantial savings to be made from switching business energy suppliers and depending on energy usage, some businesses could save hundreds of pounds and indeed several thousands of pounds.
Compare business electricity and gas rates
However, when a business wants to compare business electricity and gas rates with various rivals, it’s not that easy since the energy supplier will need to offer a bespoke deal.
The process of finding low energy bills not only sees lower overheads but it should be done as a matter of routine.
This has been underlined by a survey from the Competition and Markets Authority which reveals that 40% of small and medium-sized businesses have not switched their energy supplier in the last five years.
More worryingly, 39% admit they have never switched business energy supplier.
The survey highlights that many firms in the UK are probably overpaying for their energy and missing out on the huge savings to be made which is an exercise that should be done considering that energy prices are predicted to increase this year.
The easiest way to compare business gas and electricity prices
Perhaps the easiest way to compare business gas and electricity prices is to understand how the business’s energy bill and consumption is put together; this means understanding the breakdown of the energy unit rate and any standing charges as well.
By doing so, the business will then make the process of comparing prices much easier though they should beware of a potential energy supplier offering an estimated annual cost since estimates can vary hugely.
For a micro-business, that’s an employer who employs fewer than 10 people, they will know their energy prices because that’s the regulation for the suppliers to meet.
Also, energy suppliers may automatically push their customers into a variable tariff contract after the business’s initial tariff comes to an end and have not signed a new contract.
One reason for this is that the variable tariff contract is usually much more expensive than a new customer’s contract from the same energy supplier.
Comparing business gas and electricity prices
There’s no doubt that when it comes to comparing business gas and electricity prices there needs to be plenty of research done.
The first step is to benchmark what the market is offering for the business’s energy usage.
Again, the business should be wary about any quotes being offered since these will not be a precise offering and they will still need to call or email the energy supplier for an actual energy quote.
Once the business has a good idea of what the market offering is and how much money they can save every year, then they should begin calling around other business energy suppliers.
Comparing business energy rates
Finally, when it comes to comparing business energy rates and the business finds an offer they like, they need to appreciate that once they sign a contract there is no cooling off period.
This means they must ensure they are happy and understand the contract before committing to it because they will have to stay with the contract through until the time for renewal arises.
The easiest way to compare business energy prices is to contact the experts D-ENERGi who provides the latest deals and tariffs. We will assign our dedicated Account Manager to provide tailormade business energy rates to small and large businesses in the UK, reduce your business energy prices. Switch and save with us, get a quick quote today.
For more energy saving tips and advice on how to improve the energy efficiency of your business premises, check out more of our D-ENERGi blogs.
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A business’s energy bills often constitute a significant portion of their expenses and yet many business owners may overlook. By simply requesting energy quotes and comparing the best deals, businesses can uncover the best business electricity rates and save a substantial amount of money
Indeed, the best way of finding the best business energy deals and tariffs for the electricity supply to a business is to get in touch with D-ENERGi since they understand how the market works and have access to the latest offers.
For any business owner considering how they can go about reducing their business electricity bills, should appreciate that if they’ve never switched energy supplier or have remained with the same one for a long time then they are probably paying more than they consume for their electricity needs.
Process to find a business electricity quote
The process to find a business electricity quote and then switch to a new electricity supplier is straightforward.
The first step is to find a recent energy consumption and then contact multiple energy suppliers directly to find a better rate either by phone, by online quote or by email. Once you have received the quotes, compare the business electricity rates and plan offered by different energy suppliers. Pay attention to the unit rates, standing charges and other terms included in the plans.
Once you have identified a preferred energy supplier, it’s up to the business owner to decide whether to proceed and then switch their contract to the new supplier.
This move to a new contract will take between four and six weeks to complete but it’s important to appreciate that there will be no mountain of paperwork and, more importantly, no disruption to a business’s electricity supply.
Save with cheaper electric prices
For those businesses that have not switched energy suppliers before then they may be surprised at just how much money they can save with cheaper electric prices by making just one phone call or one online quote; depending on the business size the saving will range from several hundred pounds to several thousand pounds.
It helps that the Competition and Markets Authority (CMA) is looking at reforming how the UK’s business energy market operates and is encouraging businesses to switch suppliers in the search for cheaper energy bills.
To help encourage business owners, the CMA says that a business with one of the ‘big six’ suppliers could save on average 6% every year by switching to another supplier.
There’s a lot to recommend finding the best business electricity rates as quickly as possible but it will help to use an energy supplier that understands how the market works which means contacting the D-ENERGi team to see how much money can be saved on energy bills and begin the process of switching over. Get a quick quote from us today.
For more energy saving tips and advice on how to improve the energy efficiency of your business premises, check out more of our D-ENERGi blogs.
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As recently as COP28, the United Nations Climate Change Conference, which took place in Dubai, stressed the importance of a greener future. World leaders have been in agreement that there is no time to lose, and everyone must play their part in leading the way to a less damaging way of life. Now is almost certainly the time to act if we are to ensure that the worst impacts of climate breakdown can be avoided.
The question is just what role should businesses be playing when it comes to leading the way to a future that is greener?
Be ambitious
Over the last couple of years the term “net zero” has become more prevalent, and this is the term that many businesses are making plans to work towards rather than the previous “science-based targets”. The term net zero focuses more on the idea of getting to zero emissions, or as close as possible and as quickly as possible. Having done some research, more businesses are committing themselves to a target and offering a deadline by which they hope they will achieve this. Big businesses like Tesco and the John Lewis Partnership for example have committed to 2050 as the date by which they will achieve net zero. Their public commitment and news of how they hope to achieve this sets a great precedent for other smaller businesses.
Small actions soon add up
The simple basics such as changing your lighting, turning the heating down just a small amount and reminding staff to turn off equipment and lights when not in use can really start to add up to a significant change. If everyone in your business is committed to making the changes, then this really will start to make a difference. You may even find that employees will be able to suggest other small ways in which improvements can be made that will help towards a greener future.
Swap to renewable
Switching to a renewable source of renewable energy is a good way to play your part. Some of the big companies. Like Nestle, have entered into Power Purchase Agreements, which has allowed for the creation of a new Scottish windfarm whilst Bentley added 21,000 solar panels to their roof and a further 10,000 to their new solar carport to produce all of their energy onsite. Whilst this isn’t an option for every company, it is possible to swap to a more renewable energy source.
Collaborate
If businesses work together to solve shared challenges like climate breakdowns, then this collaboration can lead to a greater degree of innovation. The creation of net zero carbon clusters can help when it comes to finding ways to deliver net zero carbon whilst also developing hydrogen as a fuel source, for example.
Start now
One thing is very clear when it comes to leading the way for a greener future. It is important to start as soon as possible. It is never too early for any business to get involved and play their part, whether that is developing new products or creating a new business model. There are plenty of ways in which they can start to lead the way towards the greener future we need to protect our planet, and future generations.
If you want to find out more information, please visit our D-energi trading page here. For the latest energy tariffs, do get in touch with D-ENERGi for the expertise and experience. For more energy saving tips and advice on how to improve the energy efficiency of your business premises, check out more of our D-ENERGi blogs.
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Green or ecotourism is a booming growth market that has increased by 30% in recent years on a global scale. With guests driving the “green revolution” within the hotel sector, this is no fleeting trend but something that is very much here to stay. The good news is that guests are more than happy to pay a little more for green tourism.
For many smaller, boutique hotels the big question is how can they cash in on this move towards ecotourism? Energy-efficient practices are something that every hotel can adopt in order to attract a completely new demographic, and these more efficient practices can help to reduce operating costs whilst boosting profits.
The benefits
Those hotels that are willing to make the changes and embrace green tourism will find that there are a number of benefits available to them.
Reduced operational costs
Without any change to the comfort or experience for guests, it is possible for a hotel to reduce its energy consumption by between 20 and 35%. Lower energy consumption means lower energy bills and operating costs and of course a reduced carbon footprint. Some of the ways of achieving this are:
Changing lighting to LED
Taking an energy audit to see where you can make improvements
Researching your utility provider to ensure you have the best tariffs
Asking guests to opt-out of daily housekeeping
Covering pools when not in use to reduce heat loss
Upgrading boilers, appliances and cooling systems to more efficient ones
Installing insulation and green roofs
Using motion and occupancy sensors in less used areas
Meeting guest demand
More and more potential guests are looking for eco-friendly accommodation, and they are willing to pay a little more for a hotel that has a positive impact on the environment. This can be used to your advantage to attract more customers. Getting in on the emerging sustainability trend now will help you make a name for yourself.
Improve the image of your hotel
Using your website, social media or both to promote any green activities your hotel is undertaking can only be a good thing that will help to boost your brand. Green hotels can participate in various awards, and gain labels and recognition which they can display to help boost their visibility to eco-conscious travellers. This can also make them a more interesting option for companies who are looking to use more sustainable hotels for business purposes.
If your social values mirror those of your staff, then this could also help with staff retention and this, in turn, could reduce the amount that you need to spend on hiring and training.
Reduced environmental damage
The surrounding environment and location of your hotel will help to attract guests, so it is important to work to protect this.
Using renewable energy is one of the easiest ways in which you can lessen your impact on the environment. When you make your hotel more energy efficient through renewable sources you can make the surrounding environment a healthier and happier place for everyone. For smaller hotels this may not be possible to do on their own, but it is possible to source renewable energy from utility companies.
If you want to find out more information, please visit our D-energi trading page here. For the latest energy tariffs, do get in touch with D-ENERGi for the expertise and experience. For more energy saving tips and advice on how to improve the energy efficiency of your business premises, check out more of our D-ENERGi blogs.
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