17 Sep As any business owner will know, making a wise investment needs to deliver some sort of return. Whether this is a financial reward or growth opportunity.
As the world turns its attention to the ever-growing demand for green energy sources, businesses can play a significantly influential role in the change we can make as a society towards becoming more sustainable. Some of the biggest businesses in leading industries have already made a conscious effort to make a switch to green energy, investing in green energy projects and schemes, as well as going green across their business operations. By doing so, there is plenty of opportunity for return on investment. In this blog we explore why going green is more than just an ethical move but also a wise financial decision for any business.
How To Invest In Green Energy
Whether big or small, there’s a wide range of options available for businesses hoping to invest into green energy. Putting the right foot forward towards a more sustainable approach to business and a healthier, greener planet.
From renewable energy sources such as solar, wind, and hydroelectric power to innovations supporting the sustainable transformation of the energy sector, green energy investments work to replace fossil fuels with renewable sources of energy.
Many renewable energy providers are emerging, allowing businesses to directly invest into green energy projects. Companies can also choose to purchase renewable energy credits or carbon offsets as a way to support the development of green energy and reduce their carbon footprint.
The Financial Benefits Of Going Green
While investing in green energy may require an initial investment, it ultimately leads to long-term financial benefits for businesses. Here are just a few ways that going green can pay off financially: Cost Savings: Switching to renewable sources of energy can result in significant cost savings over time. This is because renewable sources often have lower operating costs and do not rely on finite resources such as fossil fuels which are subject to market fluctuations.
Tax Incentives: Many governments offer tax incentives and rebates to businesses that invest in green energy. This can help offset any initial costs and make the transition more financially feasible.
Brand Reputation: Consumers are becoming increasingly conscious of their environmental impact, and many are actively seeking out companies that align with their values. By investing in green energy, businesses can improve their brand reputation and attract a larger customer base.
The Long-Term Impact
Aside from the immediate financial benefits, investing in green energy has long-term effects on both the environment and society as a whole. Reducing your business’ carbon emissions and your carbon footprint, you are contributing towards a greener planet and a healthier environment for future generations to live and grow. While the environmental impact will not happen immediately, over time the planet will benefit.
To Conclude…
This is just a few examples of how to invest into green energy and the reasons why. In order to benefit from the ROI of green energy investment, now is a great time to reconsider your approach to business energy and make a positive impact on the environment.
Get in touch with our friendly team to discover D-ENERGi 100% UK Wind Power and get advice on switching to renewable energy for your business.
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16 Jul With some big changes incoming, we’re taking a closer look at how developments in government, new leadership, policies and legislation can have a direct impact on energy prices and thus your business’ energy bills.
The Factors That Affect Your Business Energy Prices
Firstly, let’s consider the key factors that affect your business energy prices and what you pay per month or per year. The global energy market – Fluctuations in the global market can lead to significant shifts in energy costs for businesses, impacting their operating expenses and bottom line.
Rising international prices for fossil fuels, especially gas, driving up energy bills
Network charges impacting energy bills
Energy supplier operating costs and margins influencing prices
Energy and climate change policies aimed at: Delivering low-carbon, secure, and affordable energy supplies
Helping households and businesses save energy
Supporting low-income and vulnerable consumers
Policies Introduced By The Government Renewable Energy Project Approval: The government recently greenlit a massive offshore wind farm project, aiming to reduce carbon emissions by 40% over the next decade. This project is expected to power millions of homes with clean energy and significantly boost the renewable energy sector. Tax Reforms on Energy Companies: A new policy has been implemented to increase taxes on fossil fuel companies while offering tax incentives for renewable energy investments. This move is designed to encourage a shift towards greener energy solutions and discourage reliance on non-renewable energy sources. Environmental Regulations: Stricter environmental regulations have been introduced, limiting emissions from industrial plants. These regulations are set to improve air quality and reduce health risks associated with pollution, showcasing the government’s commitment to environmental protection and public health.
How These Policies Influence Business Energy Tariffs
These government policies have a direct impact on energy prices for businesses. With the introduction of renewable energy projects, there is a growing demand for clean energy sources, resulting in increased tariffs to cover the costs of implementing these projects.
Similarly, the tax reforms on energy companies can lead to higher costs being passed onto businesses in order to maintain profit margins. This also applies to environmental regulations which may require businesses to invest in cleaner technologies and processes.
Moreover, changes in government leadership and shifts in political ideologies can also affect energy prices. Different administrations may prioritise different aspects of the energy sector, resulting in policy changes that again, can impact business energy tariffs
What You Can Do To Manage Your Gas & Electricity Costs
While little can be done to change the external influences on your gas and electricity bills, there are things you can do to manage your business energy costs:
Changing Business Energy Suppliers
One of the first things you can do is shop around for the best deal. Conduct a thorough comparison of business energy suppliers to find the best tariff for your specific needs. Look beyond just the price and consider factors such as customer service, stability, and renewable energy options offered by each supplier.
Stability would be key, especially in times of economic or political uncertainty. A well-established energy provider may be a more reliable provider when times are uncertain.
Additional Cost-Saving Strategies
As well as switching business energy suppliers and shopping for the best deal, there are many other cost-saving strategies a business can undertake. from making energy efficiency upgrades to business premises to simply conducting an energy audit, these measures and steps can make a big difference to your business energy bills. Helping to cut your costs and to future-proof your business for the future of clean energy. Conduct an energy audit of your business
Energy-efficiency upgrades
Investment into renewable energy
Use a smart meter for businesses to track your energy consumption in real-time If you would like more information about renewable energy such as 100% UK wind power or would be interested in receiving a free quote form D-ENERGi for your business energy, do not hesitate to get in touch.
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18 Jun When switching from one business energy supplier to another, this process shouldn’t be taken lightly, in fact businesses and business owners should read carefully so as not to be caught out. In this blog we uncover 5 simple things you should be considering before you switch business energy supplier, providing advice on what you should look out for, to ensure you get the best deal for your business.
Compare prices with a variety of energy suppliers
One of the first things you should do when considering switching energy suppliers is to compare a range of different suppliers. Specifically business energy suppliers. Those that specialise in supplying gas and electricity to businesses are often the best suited for businesses of all different sizes and with various needs.
By comparing competitors you will gain a better understanding of the market. Discovering the average prices across the current market but also identifying differences between each supplier. Some may offer better prices while others may be more expensive but have much higher rated customer satisfaction. It’s important to understand what it is you are looking for so you find the perfect supplier for your business and your requirements.
Price comparison sites are often some of the most effective ways to compare, however it is important to bear in mind that some energy suppliers are not included on such sites. Sometimes your own individual research is best.
Check for exit fees with your current energy supplier
Before you make a decision about leaving your current energy supplier, be sure to read the small print. Often customers may wish to leave but your contract will put roadblocks in place to stop you from doing this so easily.
Speak with your current energy supplier to determine what exit fees may apply and when the best time to change the contract would be. Typically this is within the weeks leading up to your current contract reaching completion. Most businesses and energy customers will start to shop around just before their contract expires, letting their energy suppliers know in advance that they will not be renewing their contract. This is the best way to avoid paying any unexpected fees.
Consider the length of deal you have found
If you have found a contract that ticks your boxes, there’s one thing to pay close attention to. This is the length of the contract. Sometimes energy suppliers will make this information less obvious to catch out new customers. The typical energy contract is between 12-24 months, anything longer than that should be reconsidered or given a closer inspection.
Read reviews of your chosen energy supplier
Often something that is overlooked but is so important, is customer reviews and satisfaction ratings. Understanding the services your potential new energy supplier offers will give you a good idea of what you can expect once you sign a contract with them. Hearing what others have to say about them on Trustpilot, especially businesses in a similar industry to your own, will help you in making your decision. Afterall, customer service makes up a huge part of the company’s role, making sure all energy customers are receiving the services they need.
Look beyond your quote
If you’ve requested a quote from an energy supplier and you’re happy with the price, you should be cautious in your next steps. While this final price may sound great, there could be some hidden costs or a chance that this price will change. Be sure to get details about your quote, what it means, what it covers, and other terms and conditions that may apply. While reading the small print isn’t the most enjoyable part of signing a contract, it will certainly save you in the long run.
At D-ENERGi we can provide you with a free quote, providing some of the most competitive and unbeatable prices for business energy customers. We are also providing excellent customer services with 5-star rated on Trustpilot. If you’re looking for a change, get a quick quote from us and see how much you could save on your business energy bills.
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14 May The business energy industry is certainly a complex and sometimes misunderstood one. And with many technical aspects to understand and jargon, there can be a lot of confusion and mis-information. Leading to the spread of myths and misconceptions that result in many not knowing what is fact or fiction. In this blog we will delve into the most common business energy myths and help decipher what is true and what isn’t, so you can have a clearer understanding of business energy and what you are paying for.
Myth 1: Switching business energy suppliers is time consuming and complicated
One of the biggest myths in the business energy industry is that switching suppliers is a long, complicated process. Many believe that it will take up a lot of their valuable time when in reality, it can be done quickly and easily. With an increase in online tools and comparison websites available, businesses now have the resources to compare energy plans and switch in a matter of minutes. And with a few simple details and meter readings, you can ensure you are getting the best deal for your energy needs.
It is also worth noting that switching suppliers does not require any major changes or installations in your business premises. In fact, everything remains the same from your perspective as a customer, except for a potential decrease in your energy bills.
If you are interested in switching business energy suppliers and would like to know more about the services we provide, speak to an energy expert of our team for a quote.
Myth 2: All business energy suppliers are the same
Another common misconception is that all business energy suppliers offer the same services and prices. This could not be further from the truth. Business energy suppliers vary greatly in terms of their pricing, customer service, and renewable energy options. It’s important to research and compare different suppliers to find the one that best fits your business’s needs and requirements.
Myth 3: Renewable energy is too expensive for businesses
Many businesses believe that switching to renewable energy sources will result in a significant increase in their energy bills. However, this myth has been debunked as renewable energy prices have become increasingly competitive with traditional fossil fuel options. In fact, investing in renewable energy can actually save businesses money in the long run due to lower operating costs and potential tax incentives.
Myth 4: Energy efficiency is only for large corporations
Some may believe that implementing energy efficiency measures is only feasible for large corporations with big budgets. However, even small businesses can benefit from simple changes such as switching to LED lights or installing smart energy meters. These changes can significantly decrease energy consumption and save businesses money on their energy bills.
Myth 5: Businesses have no control over their energy usage
Many believe that once they sign a contract with an energy supplier, they have no control over how much energy they use or the cost of their bills. However, there are many ways for businesses to actively manage and control their energy usage. This includes implementing energy-efficient practices, monitoring energy consumption through smart meters, and negotiating with suppliers for better rates.
Myth 6: Energy suppliers can cut off your supply without warning
There is a common fear that if businesses miss a payment or fall behind on their bills, their energy supplier will immediately cut off their supply without any notice. However, this is not the case. Suppliers are required to provide a warning and give businesses time to make payments before taking any action. At D-ENERGi we will work with you to ensure that you can cover your payments, and for any reason you may not be able to, our team will support you with the implementation of an affordable payment plan.
Myth 7: Fixed price business energy plans are always the best option
Fixed price business energy plans may seem like a good deal at first glance as they offer a set price for a certain period of time. However, these plans can also come with hidden fees and penalties for early termination. It’s important for businesses to carefully read the terms and conditions of their energy plans before committing to a fixed rate.
One thing to note is that with every business energy supplier and every contract, different rules apply. If you are a business energy customer, it is important to pay attention to the terms and conditions of your own contract and ensure that you understand everything that is included with your energy supplier.
Speak to our friendly experts to get a quick and tailored quote for your business.
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17 Apr After two years of what can only be described as total chaos and uncertainty for the energy market, is 2024 bringing a change to the energy market and what could be influencing prices?
In this blog we will explore the current situation for the energy market and wholesale prices. Whilst also considering what businesses are currently dealing with in terms of energy prices and bills.
Uncertainty remains for business owners
Global events and supply/demand fluctuations can cause prices to rise unexpectedly. And with various conflicts undergoing around key energy supply areas around the world, governments and businesses will keep a close eye on the global markets, with some hesitancy towards a sense of relaxation just yet. In fact, just recently, due to the ongoing war in Ukraine and the conflict across Israel, Palestine and areas in the Middle East, wholesale prices have once again experienced a rise.
For many business owners, dealing with the energy crisis and the impact this has had is still ongoing and this is expected to continue while essential leaders in the industry undergo volatile situations.
And while some businesses have been able to access government-funded support, others felt this wasn’t enough. Subsequently these small businesses are still dealing with debts and financial issues as a result.
Comparison is key
Despite a few changes to wholesale prices since the beginning of the energy crisis, they are still higher than pre-pandemic levels. So, this is still something that businesses are having to adjust to. And in combination with other factors such as the cost of living, this isn’t necessarily a relief for businesses. In fact, for many, wholesale prices are still having a considerable effect on business finances.
To conclude, high prices, although subject to change, are yet to be a thing of the past. And now would be a good time, while we are at the start of a new financial year, to shop around for your business energy rates, and settle on a good deal for the year ahead. For some of the best rates from an alternative business energy supplier to the big energy suppliers, choose D-ENERGi. Get a quote today.
What to do in the wake of rising energy prices
While the global situation continues to impact the market, we are here to help. All our business customers can access the support of our dedicated account managers for assistance in regard to their energy bills and concerns surrounding payments. We offer personalised services and support to address your concerns promptly.
For those who want to get the best rates and keep costs down, as much as possible, we suggest that you consider installing a smart meter for closer observation of your energy usage, and consider ways to reduce consumption.
And, as we near the warmer months of the year, now is a great time to service your high energy consuming appliances such as your HVAC units, refrigerators and more, ensuring these are as economical and as energy efficient as possible. By doing this you will be taking small and simple steps to keep your consumption down.
We would also suggest that you make the most of natural light during the day, keeping artificial lights off or dimly lit. Meanwhile the temperature of your business premises should be kept at a consistent and comfortable working temperature.
For help with your current situation and to discuss your business energy rates with a member of our helpful team, do not hesitate to get in touch with D-ENERGi. We ensure that all calls will be answered within five rings or less by a human instead of leaving a voicemail.
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10 Apr It is highly advisable for all businesses to keep an eye on their business energy suppliers, keep track of their energy contract end dates and business energy rates being charged. This practice ensures that businesses can secure the most competitive deals available.
While conducting a business energy comparison may require a significant investment of time for business owners, it is a worthwhile endeavour. Many of the businesses that have worked with the D-ENERGi team have reported noteworthy savings upon switching their business energy suppliers to us.
When undertaking a business electricity or business gas comparison, it is prudent to keep a few things in mind:
#Always read the contract
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 larger costs, so you should think about your timing of switching energy suppliers 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 energy 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 when considering business energy deals
Don’t accept the first business energy deal you are offered – take some time to evaluate it carefully. When comparing business energy quotes, it’s important to properly assess each offer, including the length of the contract and the quality of service provided. Remember, you are the one who is in control, so you should switch business energy suppliers when you are ready.
If you contact our friendly team at D-ENERGi, we will assist you with your current circumstances and what you are looking for. Leave the rest to us. We will look at your current energy usage and offer a tailored solution for your business. Our dedicated account manager will provide personalised service and address your enquiries promptly. Saving your valuable time and money on your business energy bills. We will guide you through the entire process of switching energy supplier, ensuring a quick and smooth transition.
If you want to get a quick quote on business gas and business electricity, get in touch with the D-ENERGI friendly team. We ensure all calls will be answered within five rings or less, without the annoyance of switchboard or long pick-ups.
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