13 Mar For any organisation wanting to source cheap business energy prices, the market for them may appear to be confusing and time consuming to understand.
That’s because there’s a growing number of business energy suppliers offering a variety of deals and tariffs which means careful research will need to be undertaken.
However, there are ways to save time and money spent searching for better prices for energy and understanding the potential contracts.
That’s to contact experts who deal with the market on a daily basis which will mean contacting D-Energi.
There’s no doubt, however, that it will also pay for the organisation to understand the market for business electricity and gas so they will appreciate a good deal for energy when they see it.
Indeed, with the vast majority of businesses in the UK having to rely on electricity for their everyday needs means it’s important that they find the best electricity prices available to help keep their overheads under control.
Finding a better business energy deal
Energy market experts have been predicting that the prices being paid by businesses will begin to rise and many organisations may also believe that this trend will mean finding a better business energy deal than they currently have will become an almost impossible task.
That would be a mistake to make and it could be a costly one as well.
That is because having the knowledge beforehand and understanding that if they haven’t switched business energy suppliers in recent years probably means they are on a ‘deemed contract’ and are paying more than they need to for their energy needs.
By switching to a new supplier, they could potentially save thousands of pounds every year depending on their bills.
The other important issue for the organisation to understand is that the business energy market is not like the one for the domestic market; they will need to contact a supplier for their gas and electricity individually and get a quote.
One reason for this is that an energy supplier will be looking to meet a customer’s energy needs and will look at their consumption habits to deliver a bespoke business electricity quote.
Cheap business electricity quotes
These cheap business electricity quotes will deliver flexibility and help meet the consumption habits which will vary through the working day so the business will not be paying more than they need to for electricity, for instance.
One of the downsides for this is that there is no established business electricity tariff for an organisation to compare their deal with since most businesses are unlike any other.
Firstly, the organisation should find their current tariff and then begin their search for a new supplier.
They will need to understand that a fixed rate tariff is a pre-agreed price for units that will last for the contract’s term.
Fixed-rate tariffs are usually competitive but is always worthwhile comparing one offer with another supplier’s offering.
As mentioned previously, for those organisations on a deemed rate tariff are probably at a disadvantage because a 28-day rolling contract means they have failed to agree new terms with their supplier so they are probably paying over the odds on this basis.
Organisations may be on a rolling contract
However, some organisations may be on a rolling contract and while these are not competitive and only offered by a few suppliers, they are offering fairer rates than on a deemed contract.
The downside is the organisation may be tied into a year-long contract on rates that are higher than the competition is offering.
The organisation will also need to pay a unit cost as well as a standing charge which covers the maintenance of the National Grid and the cost of delivering electricity to a business premises.
Again, there’s no set tariff for this and to complicate matters the rates being charged will vary between micro and small businesses as well as medium and large businesses.
This is a quick checklist to help an organisation decide whether the business electricity quote they receive is suitable: Get business electricity quotes from several suppliers
Choose which of their tariffs best suit the business
Decide which is the best new supplier and sign their contract
inform the current energy supplier of your intention to switch
The process is seamless for switching over so simply wait for the new supplier to take effect.
However, there’s just one word of caution when looking for the best electricity quotes and that’s not simply choose the cheapest quote on offer.
One reason for this is that while the business will inevitably save money and lower their overheads they may switch to a supplier that does not meet their needs effectively and some suppliers offer more than others.
Organisations looking for a cheap business gas energy deal
For those organisations looking for a cheap business gas energy deal, then the tips contained above will prove useful.
Not every firm has a gas supply but for those who do then it will be worthwhile shopping around for a better and cheaper energy deal.
Again, this means approaching several gas suppliers and asking for a quote and they, in turn, will look at the business’s circumstances and assess what their habits are and then deliver a bespoke quote based on this.
It’s also probable that with every business being different, means there will be no way to navigate a business gas tariff effectively to see whether they are on a tariff that best suits their needs.
Again, there are fixed term contracts and rollover contracts available from business gas energy suppliers and for those who haven’t switched gas supplier then they are probably on a deemed contract where their rates will be, unfortunately, much higher than are on offer to new customers.
Business gas suppliers also have a standing charge
As with electricity suppliers, business gas suppliers also have a standing charge to pay and their unit cost will be for each unit of gas supplied to the business.
For firms looking to switch energy suppliers, the information here details what they need to know and why the easiest and most effective way of finding cheap business energy deals and tariffs is to use the expertise of the D-Energi team to find the best terms available that best meet the organisation’s needs.
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11 Aug Lets face it! Shopping around and finding a competitive business’s electricity quote is not the most exciting subject in the world. However business electricity remains a constant high operational cost for many business’s and enterprises throughout the country. As a small energy supplier based in Manchester we know the industry inside and out. We have been helping business’s reduce their energy bills well over 15 years. Here we will try to share and pass on some inside industry knowledge, to help you find the very best possible deals on business electricity.
Fact 1 Understand when your current business energy tariff ends and more importantly it’s notice period.
Before you look for a business electricity quote, you need to know your current end date for your business electricity contract. You need to know this date before you even consider shopping around. It is a legal requirement these days for your contract end date to appear on your business electricity bills. Check your invoices for this date. Read the terms and conditions of your supplier and ensure you hand in notice pursuant to those terms. Differing energy suppliers will have varied notice periods ranging from 120,90,60 days. If you don’t hand in notice to your supplier accordingly, they may automatically renew your agreement.
Fact 2 Know your business energy rates in pence per kwh and standing charges.
So you know when your contract ends. Excellent. Now you need to understand its charges. Depending on your usage and the type of business you are. You need to look for the cheapest unit rate pence per kWh, and standing charges. Which generally make up the largest amount on your business electricity bill. Know what you’re paying pence per kWh and the amount of standing charge you are paying. Standing charge is a fixed amount you pay per day or month, similar to the charges of BT line rental. Some energy suppliers will have no standing charge and have a higher rate on pence per kWh. Having no standing charge may sound appealing but make sure you do the maths. No standing charge tariffs generally have higher pence per kWh rates to compensate, making this a no go for higher users of electricity.
Fact 3 Make sure your credit is of good standing.
All business electricity suppliers will credit check these days. In order to get lowest price on your business electricity quote, your business credit has also got to be good. Knowing your business credit rating in advance can help you avoid any unexpected surprises.
Business electricity quote from D-ENERGi
We hope you will find these insider tips useful. As a small energy supplier based in Manchester for over 15 years we can offer you the cheapest business electricity quote with a warm personalised service, which is unique from our competitors. We offer a price match policy and more often than not we are always in the top 5 for best prices on business electricity quotes. Get My Free Energy Quote Today or call for free on 0800 781 7626 if you prefer to chat. We have a loyal and growing portfolio of customers who love us, to learn more about us and our customer reviews view our Customers Reviews page to see what makes D-ENERGi such a good alternative to the big six energy suppliers.
Other useful pages
Why switch to D-ENERGi?
Business Electricity Product Page
Business Energy Product Page
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28 Jul 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 26 Jul
Best Energy Suppliers for Business
Business energy customers have numerous options regarding your supplier.
The Big Six, who provide energy for the majority of homes, can also supply for your business additionally. The business energy plans they offer could be considerably higher in price, in comparison to smaller companies who can also deliver competitive rates.
Businesses may opt to be supplied by The Big Six due to general recognition. Unfortunately, general recognition doesn’t always save you money on your energy bills.
Every business has different needs for energy therefore bespoke rates which are tailor made for your business would be highly beneficial. At D-ENERGi we pride ourselves on ensuring you get the most competitive bespoke rates we can.
To receive a free no obligation quote, visit our quote page to receive an energy quote for your business. Follow this link for our quote page.
Choosing the right supplier for you can prove to be difficult as there are so many, D-ENERGi can provide you with the following: We can help align your contract end date with any other businesses you may have or your other utilities
With us you can choose which tariff you feel would benefit you the most. Most suppliers will dictate the tariff you must be on. For example, a day and night tariff. If your preferred tariff is a single rate tariff, we would endeavour to provide this with no cause for a meter exchange.
We can offer you renewals from the day your contract goes live which enables you to have access to the full annual market rates rather than a specific renewal reminder window compared to other suppliers.
With us, you can lock in your energy well in advance of your contract end date and we do offer longer term contracts, where possible, which can allow you to take advantage of more favourable market conditions. When you are looking for a new energy supplier for your business, as a company we recommend you look at the smaller supply companies and compare each of their rates as, more often than not, a more competitive market rate is offered to you.
The most important thing is that you choose the supplier who is perfect for your business. No customer should feel pressured to go with a supplier due to numerous cold calls, SPAM or harassment emails from the supplier company.
If you would like to find out any more details regarding our bespoke rates, energy renewals or you simply have a general question about us as a supplier, please do not hesitate to give us a call on 0800 781 7626.
If you would prefer to contact us via e-mail then send to [email protected].
Read Article 21 Jul
When it comes to keeping the running costs of your business as low as possible, one area that definitely shouldn’t be overlooked is your business energy usage. However, shopping around and comparing energy prices can be a time consuming process, but the rewards of finding a reputable, reliable and great value business energy provider will definitely be worth it.
At D ENERGi, we want to help you understand how to compare business energy prices to find the right deal for you.
Compare Business Energy Prices Know the Market
Business energy prices are subject to a lot more change than domestic rates as they are connected to the daily wholesale price. So when comparing prices it’s important to remember that a quote you get one day, could well be lower or higher a few days later if the wholesale price has changed.
Find your benchmark
To get a good gauge on the market deals, you need to have a benchmark to work against, so calculating your current energy prices and consumption will give you a good indication of what your requirements are and whether you can save money by switching providers.
Don’t be led by price
Naturally, no two business requirements are the same and there are numerous variables taken into account by business energy providers to calculate rates. Low rates you see advertised by a provider, may not actually be available to your business and could come with caveats that cost you more in the long run. It’s better to shop around and possibly pay a little more with a reputable company who offer excellent customer service.
Go bespoke
As so many considerations such as business size, credit rating, location, sector and annual consumption are taken into consideration with business energy rates, it’s always a good idea to get a bespoke quote. While taking the time to contact individual providers may seem arduous over a quick online form, you’ll find that doing a thorough job from the start will save you time and potentially money further down the line.
Understand the terms and tariffs
With business utilities there are various types of contracts and tariffs you can get with business energy such as rollover, fixed term and 28-day contracts. Also, some contracts can have an agreed rate based on a fixed consumption for the duration of the contract or per year, so can incur additional charges. To ensure you know what you’re signed up for, it’s important to understand the terminology and terms and conditions.
By taking all of these aspects into consideration, along with choosing a reputable business energy supplier, you can ensure you find the best possible deal that’s right for your business, saving you time and money that can be better invested into your organisation.
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19 Jul There are many things left in the dark with business energy, here we will give you some pointers with some free business electricity advice. Things that you should know but have never quite been told by your supplier. You shouldn’t feel left in the dark when it involves something as important as your money. We have put together some facts that are handy for you to know to assure yourself just where your money could be going.
Business Energy Advice
Loyalty doesn’t pay the bills – make sure you shop around.
Being a loyal customer doesn’t entirely mean you will get the cheapest rates. In fact, usually it’s the opposite. When it comes to energy, loyalty never pays.
If you have been with the same supplier for more than 2 years, you will more than likely be on their standard deal – this isn’t always the cheapest.
According to GoCompare.com, switching suppliers could save you up to £291 per annum.
The standard deal you are probably on will enable your supplier to increase prices in areas like your kWh and standing charge.
Not all suppliers are the same, newer and independent suppliers are more likely to be more flexible and appreciate your custom. For example ourselves here at D-ENERGi will always look to price match any electricity price you get if you are our customer or if you just shopping around. Enabling our existing customers and prospective customers to always feel valued.
Deemed contracts
A deemed contract is in place when anyone moves their business premises and begins consuming gas, electricity or both – with no agreement in contract with a supplier.
If a contract is ended by either the supplier or customer but the supplier continues to supply the customer a deemed contract is usually present if: The original contract does not obviously state the outcome after termination
The existing customer continues to use gas, electricity or both at the premises 10% of micro businesses are on deemed contracts for their energy, prices in deemed contracts are usually more than a substantial 80% more than rates at a negotiated price.
Make sure you know exactly when and where your charges are coming from, it is easy to be misled into paying more than you should be.
Do you run a care home or are you a charity?
Care homes, charities and other establishments using less than 33 kWh of energy per day are entitled to 5% VAT in comparison to the standard 20% VAT. When signing a contract with The Big Six – this usually isn’t outlined. Therefore meaning you could be being charged 20% VAT instead of 5%.
An unusual service which we offer at D-ENERGi is your VAT rebait which we take into our hands from start to finish. Customers in the past have received as much as £15, 000 with their rebait. This process usually takes around 3-4 weeks but is most definitely worth it.
Like-for-like tariffs
If you have been shopping around for cheaper electricity rates then you must ensure you compare ‘like-for-like’ tariffs. Suppliers can throw in hidden charges which you are unaware of. This has happened in many cases when it is just as easy to avoid.
A hidden charge is something we call a FiT charge, when you have been quoted for your business electricity, it is a point to ensure the FiT charge is included in your quote. On average, it has been estimated that a hidden charge can add an extra 2-3% onto your electricity bill.
Understanding the benefits of half hourly meters
P272 is a new regulation decided by Ofgem, having a half hourly meter will become mandatory in 2017. Until then, you could be saving a vast amount of money just by installing a half hourly meter.
With a HH meter, you will be charged every half an hour which essentially should secure you cheaper rates. The process of installing HH meters can be tedious but your energy supplier will help you through step by step. If your profile class is 05, 06, 07 or 08 then you will automatically be changed to a HH by 1st April 2017 however, you can switch and save before this! Visit our page dedicated solely to P272 and read our infographic which will fill you with all knowledge you need to know. You can visit our page.
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