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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28 Mar Optimising your business energy quote can provide several benefits, such as enhancing your economic prospect, reducing energy consumption, and establishing your brand as environmentally sustainable. Ensuring financial stability is crucial for all businesses, but sometimes business energy costs were taken a backseat when exploring ways to minimise expenses.
To assist you, here are some remarkable tips, businesses of all scales can potentially reduce their business energy costs.
#1 Check out the business energy deals on offer
The easiest way to save money on your business energy is to look at all of the deals available in the energy market, and pick the best one for you.
Many businesses fail to realise this, with research showing that 46% of small businesses don’t review their energy plan options at the end of their contract – meaning they are paying significantly more than they should for their business gas and electricity.
When an energy contract comes to an end, many business energy suppliers will just automatically roll customers onto a more expensive deal – flexible tariff, but this can be avoided if you find a cheaper deal before the end of your contract and switch over to another business energy suppliers.
At D-ENERGi we have built up strong relationships with many business energy suppliers, and so are able to offer you accurate energy quotes based on your consumption and help you to make the most of your energy budget.
You don’t even need to negotiate with any of the business energy suppliers – we do it all for you. Saving your valuable time and money.
#2 Consider smaller business energy suppliers
A lot of business owners fall into the trap of thinking that their business energy has to come from one of the “Big Six” suppliers –British Gas, EDF Energy, E.ON, Npower, SSE, and Scottish Power.
However, despite the fact that these companies have the biggest market share, they are not the only energy suppliers out there.
There are lots of smaller business energy suppliers who are already having a big impact on the business energy market, providing the “Big Six” suppliers with some competition prices, which offers you the best potential for greater savings on your energy costs. #3 Reduce your business energy consumption and make a positive impact on the environment
The simplest and most effective method of lowering your business energy bill is to reduce your energy consumption.
Heating and lighting are significant contributors to overall energy costs in most businesses. Even a small adjustment, such as lowering your heating down by just one degree could save you 8% on your energy costs.
And it has been estimated that using energy-efficient lighting could reduce your annual business electricity bill by 66%.
By reducing your business energy consumption, you can establish your brand as environmentally sustainable, reduce your carbon emissions, and attract environmental aware customers.
If you want to make significant savings on your business gas and business electricity costs, get in touch with our friendly team at D-ENERGi. We guarantee that all calls will be answered within five rings or less by a real person to assist you in finding a tailored solution.
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24 Feb Understanding the energy market and the details of the deals and prices available to you is important in ensuring you are not paying more than you should be for your business energy. In a financial climate like the one we are currently living through, businesses will be even more cautious to sign up to deals they are unaware of and as they should.
If you are looking to set up a new business energy contract, you may be thinking “what’s best?”. In this blog we are hoping to clear the confusion slightly, delving into the topic of fixed rate tariffs for business energy. Reviewing whether these are best for businesses.
What are fixed rate business energy tariffs?
Ensuring we are not assuming you already know the definition, we will start by simply explaining what a fixed tariff is.
Fixed rate tariffs are a good option for businesses hoping to lock in a price for their business energy for the next year or two. Usually lasting between 12-24 months, a fixed rate tariff offers a way to pay energy bills that are not influenced by fluctuations within the wholesale energy market. However, as with any tariff you sign onto, the more you use, the more you will pay. The price you are agreeing to pay in the beginning, that stays locked, is the price you pay per unit.
How a fixed rate tariff benefits a business
Unlike those receiving a salary from their employer, your business relies on the success of its sales each month to bring in revenue. Having the revenue to cover costs such as energy bills is absolutely vital to the survival of your business. Therefore, many tend to consider a fixed rate tariff as the most suitable type of energy contract for business energy customers, since the price per unit is locked in and is much more manageable than variable-rate deals.
Some of the benefits of a fixed rate contract for businesses include:
– They are typically cheaper than a variable rate
– Enable the customer to be protected from the fluctuations of a volatile energy market
– Allows businesses to control their monthly spend by simply managing their energy usage
It is important to note that when you are looking for a fixed-rate tariff, how ‘cheap’ this will be will ultimately depend on the market at the time. Suppliers will determine their fixed prices based on the conditions of the market, so it is also important to bear this in mind when shopping around.
D-ENERGi fixed price business electricity
AT D-ENERGi we are continuously working to provide our business energy customers with the very best prices for business electricity. Our tailored solutions are designed to suit your business needs. With our offer of fixed price electricity guarantees you know exactly how much you will be paying each month, with no surprises. To get your free business electricity quote today and to find out more about our fixed tariffs, simply get in touch with our friendly customer service team.
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21 Nov At D-ENERGi we work hard to provide all our business customers with the best business energy prices. We work closely with many care homes and residential homes across the UK, to keep them warm, dry, and well-lit while offering the best rates for business energy.
Throughout the upcoming winter season, care homes will be paying close attention to energy consumption, ensuring that while residents are cared for, bills are not too high. In this latest blog we will offer our best advice to any business customers looking to save on business energy.
Take control of your business energy with a smart meter
Smart meters are not just for domestic energy customers. Business energy meters are now available for businesses across the country to take full control of their business energy. Helping to manage usage and lower prices. Not only will you be able to track your usage, but the data a smart meter for businesses provides will be automatically sent to your energy supplier, so you can be sure your bills are as accurate as can be.
How to monitor your business energy consumption?
If you are concerned you may be using more energy than the average company in your care home, it may be time to consider installing a business energy smart meter.
As previously mentioned, a business energy smart meter will help you monitor your energy usage, reviewing your consumption, giving you a chance to better manage your energy usage. You may also wish to speak with your energy supplier if you believe your bills are too high. It is advisable to read your bills thoroughly when you receive them to be sure the information provided is correct. If you do not understand how to read an energy bill this blog may help you.
Ways to reduce your energy consumption
If you already have a smart meter installed in your care home and have noticed your energy consumption seems too high, here are some quick tips to help you better manage your energy consumption: Check the electrical appliances and the heating apparatus of your residential home to ensure these are working properly. Typically, newer appliances are far more economical.
Switch off electric equipment and tools when not in use. Although this may be difficult in a care home during winter, you may find there are many appliances that are regularly left running when not needed. This could include televisions, and radios.
Set a comfortable temperature on the thermostat and keep this regulated. Your residents will likely appreciate this also!
Create an energy saving culture amongst your employees. Encourage your care home staff to check thermostats regularly and switch off appliances between shifts.
Why not speak to a member of our team for other top tips! Talk to our experts today for competitive business energy quotes today!
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