24 Jun If you are looking for tips to help your firm switch energy suppliers and reduce your bills, then this article will help.
There is a financial incentive to see whether there are cheaper suppliers available as the savings could run into hundreds and even thousands of pounds every year.
This will be, for many businesses, a big boost in their profitability and all it takes is the price of a phone call.
However, for a busy business owner, the task of undertaking a business energy comparison and then switching to a new energy plan can appear to be a daunting undertaking.
Thankfully, there is a team of experts available at D-Energi to help guide you through what can be a confusing process.
Undertaking an energy switch for your business
When it comes to undertaking an energy switch for your business, the amount that you will save will depend on the prices you pay under your current tariff.
The issue when sourcing a new supplier is that they must offer you a bespoke deal, so comparing these deals can be difficult and you really should calculate what their offer will cost over a full year.
Even a one-man band should be able to make substantial savings and a larger firm could be saving thousands of pounds by switching to a better value tariff.
All firms and organisations should really look at ways of switching their energy provider on an annual basis to ensure they are not overpaying for the energy they use and help stimulate competition in the marketplace.
The right energy solution provider for you and your firm
Finding the right energy solution provider for you and your firm’s needs will mean having some details to hand including your metre number, details of your current tariff and how much energy you use.
It may also be recommended by a potential supplier that you install smart meters which will help your business reduce outgoings and enjoy even greater savings.
You will also need to know when your current business supply contract comes to an end, which will give you time to arrange a move to a new supplier.
Should you not act in time, then you may find that your supplier moves you automatically to a new contract with higher rates.
If you would like more help and tips about how your firm can switch energy suppliers, then contact the friendly team at D-Energi.
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20 May If you are looking to compare business gas prices and want expert help to check whether a deal is a great deal or not, then this article will help.
Essentially, the team of experts at D-Energi will be able to offer their expertise to not only look at the deal that’s being offered but search the entire market and potentially find a better one.
When you try to compare business gas prices, then you may be short of time as a busy business owner and may simply decide to contact two or three commercial gas suppliers.
You’ll then need to give each of them the same details and they’ll give you a bespoke offer.
Compare a commercial gas quote between suppliers
One of the big issues when you need to compare a commercial gas quote between suppliers, is that it’s difficult to do so on a like-for-like basis.
That’s because every supplier uses different criteria to put their bespoke offer together.
On top of this, you may also opt to use an online comparison site to find a better business gas deal.
While this is a quick and straightforward way to find an offer, the site is probably not looking at the entire market so there could be better deals available elsewhere.
Search for the cheapest gas tariff
It’s this knowledge to look elsewhere in the search for the cheapest gas tariff that will be of the biggest help to a busy business owner.
This is where the D-Energi team will excel because they can search the entire marketplace to find a deal that is suitable for your business and its current and future needs.
There’s also the potential of sourcing suppliers with other benefits, for example, offering an energy consultancy to enhance the savings you will make when you switch business gas suppliers.
An energy consultancy, for those who may not appreciate it, is an effective way for a firm to reduce its demand for commercial gas and by reducing this demand they will boost their savings – and their green credentials which is becoming increasingly important.
The consultancy may also look at your previous bills to see whether you may have been over-charged for your gas needs.
If you are looking for expert help to compare business gas prices between providers, then you need to speak with the friendly D-Energi team today.
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3 May The most important piece of advice when switching business electricity suppliers, is not to leave it too late.
The process of sourcing and then dealing with the switchover process will take proper management and the best time to begin this is when your supplier tells you of your next year’s contract rates.
This is the prompt for you to then find and compare various deals between electricity suppliers to help your firm reduce its overheads.
However, the process itself can be time-consuming, as well as confusing because there are so many electricity suppliers available with various rates and tariffs so it becomes more difficult to compare these offers on a like-for-like basis.
Switching business energy suppliers to reduce overheads
This is the case when it comes to switching business energy suppliers to reduce overheads and it’s an exercise that all firms and organisations should undertake every year to ensure they never pay more than they should be doing for their energy bills.
However, one recent government survey has highlighted that around 40% of firms in the UK have never bothered switching their suppliers and are probably paying more for their energy bills.
And since energy is one of the most expensive outgoings for a businesses, it makes sense to spend time finding a cheaper energy provider who will not only reduce bills, but best meets your firm’s needs.
As a word of warning, we mentioned that you need to be prompt in responding to organise a new supplier because failure to do so could see the firm being moved automatically onto a contract with ‘deemed’ rates.
These rates tend to be more expensive and unless you’re a small firm, you will be locked into these dearer prices for the duration of a new contract.
Finding cheaper business gas suppliers
As with switching business electricity providers, the same approach needs to be undertaken for finding cheaper business gas suppliers for meeting your needs.
It’s always important that you ask several firms to quote, and not just the ‘Big Six’, who may offer similar prices and deals and that you review any potential contract in detail.
This is particularly important for those energy suppliers with very low prices and more so if the deal lasts for more than 12 months.
You also need to be aware of any hidden fees and you should always ask your potential business energy supplier lots of questions before signing up.
If you would like more help and advice when switching business electricity suppliers, and also for gas, then you should spend a few minutes speaking with the experts at D-Energi who will help.
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12 Apr It’s essential to receive accurate bills that your energy supplier receives accurate data and here we offer tips for reading your business electricity meter.
However, larger firms may have a half hourly meter installed so the data is sent directly to the provider every 30 minutes, so there won’t be someone to read the meter on the supplier’s behalf.
There will still be a need to monitor electricity usage as part of good business practice to ensure your bills are accurate.
For smaller firms, taking meter readings will ensure that you are aware of your energy use and if you’re in a remote area, you may have to submit your own firm’s meter readings anyway.
Potential new business electricity supplier
Another reason for compiling meter readings is that the information is useful for a potential new business electricity supplier, so they understand how much electricity you are using and when you are using it.
For those firms with a digital electricity meter, then you should read the numbers from left to right and ignore the last red digit.
For firms with more than one meter, for example, they may have day and night rates and have separate meters for this, then you’ll need to keep these meter readings separate.
For businesses that have a meter with electricity dials, then again you read from left to right and ignore the last red dial.
Business electricity rates
Since business electricity rates are a large part of overheads and nearly every firm or organisation will use electricity for their day-to-day needs, it’s important that you don’t pay more than is necessary.
This means that when your current provider tells you what your next year’s contract rates will be, then you really should research the market to see if there are cheaper providers available.
By doing so, you will ensure that you do not pay more than you need to for electricity and it’s also possible to find a supplier offering an energy consultancy to help you reduce the levels of electricity you use and enjoy greater savings as a result.
This consultancy will be a great boost for a firm’s ‘green’ credentials.
For more information about reading your business electricity meter and the potential of an energy consultancy, then it is time to speak with the experts at D-Energi who can help find a cheaper supplier to help you reduce costs.
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20 Mar There are a number of issues that firms and organisations wanting to switch business electricity suppliers need to appreciate and this article will explain them.
Essentially, when your supplier tells you of the tariff for your next year’s electricity or gas use, then it’s time to look at switching providers to find a cheaper, better deal.
While the process for switching energy providers is straightforward when we do it for our homes, the business energy market is a lot more complicated.
Also, the business tariff that your firm signs up for will be fixed for a period of time, usually 12 months, though there are contracts for longer which may offer cheaper rates.
Search for business gas suppliers
The search for business gas suppliers is similar to that when searching for a new electricity provider for your business and the rules for micro-businesses are different for larger firms as the process of switching is easier.
For those firms who don’t bother switching, then your energy supplier may roll you over to a more expensive contract depending on the size of your business and you may be tied into these rates until the contract expires. That’s not the case for a micro-business who are free to switch after they’ve been rolled over to find a cheaper rate.
However, there are issues that all firms and organisations need to watch for when switching business gas or electricity suppliers.
Along with the contract length, you need to be wary about a supplier offering a low unit rate, usually expressed as price per kilowatt hour (kWh) because they may have a higher standing charge.
The price per unit is the amount of energy your firm actually uses and will be billed for whereas the standing charge is a fixed amount that helps to pay for the National Grid and this isn’t a set fee between suppliers.
You should also read any energy contract offered by a potential new supplier and look closely at the small print and whether there may be any hidden fees involved.
New business energy suppliers
Finding new business energy suppliers can become complicated because the market is so competitive and prices fluctuate on a daily basis, so if you contact suppliers directly and then spend a few days thinking over an offer, you may find that the prices have changed in that time.
There are comparison sites for business energy suppliers and you need to be wary about how many suppliers the site is searching and you’ll still need to contact the recommended supplier directly with your firm’s details.
If you would like more help and information about switching business electricity suppliers, and also gas providers, then you need to speak with the experts at the D-Energi.
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25 Feb There’s no doubt that switching to a new business energy deal can be an effective way of saving money and the process is easy.
For all the questions that you and your business may have about switching your energy supply, then this article will help.
There are some big differences when it comes to switching energy suppliers between businesses and for our homes; the main one being that businesses are tied into a fixed term contract and you have to wait until this comes to an end.
Before it does, your current supplier will get in touch to tell you of your next year’s deal, which is the time to search the market place and find a cheaper provider.
However, you will need to tell your current supplier that you are intending to switch to a new business energy provider and issue them with a notification of termination. This can be done up to three months before your contract ends.
Switch business energy supplier
When you switch business energy supplier, the process should not take longer than 28 days, if you’ve given a termination notice.
You also need to appreciate that there’s no cooling off period with a new business energy contract, so be careful when calling potential suppliers.
Also, while dual fuel contracts are popular for domestic energy users, you won’t be able to access these contracts as a business since you need separate providers for your business electricity and your business gas supply.
However, you can have the same firm delivering both.
Compare business energy prices
The best way of finding a new energy provider is to compare business energy prices that are on offer.
While you could contact suppliers directly, it may be a better business decision to use an energy broker who can benchmark your firm’s needs to find better prices.
This method is also a quick and cost-effective way to search the market place to find a new provider.
They can also deal with the switchover process without any hassle, so you can focus on your everyday business needs.
Essentially, if you’re looking for business energy tips to switch your current supplier then you need to speak with the experts at D-Energi who will help you find a cheaper and better deal and take care of the switchover process too.
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