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As one of the UK’s cheapest business electricity suppliers, it pains us to say this, but the fact is that business electricity bills have increased in price by around 43% in the past ten years. But what has led to this rise? Is it really due to wholesale price rises, as the top six energy providers claim? Let’s take a closer look at a breakdown of an average business electricity bill, and see how much the components of your bill may cost (in kWh). What are the three key components of a business electricity bill? A business electricity bill can be broken down into three main parts, which are: Commodity costs (also known as wholesale costs) – 33% Non-commodity costs (also known as government costs) – 33% Non-commodity systems and transmissions costs (from the National Grid) – 33% Now, let’s break these down even more Commodity Costs / Wholesale Costs In actual fact, the wholesale cost of electricity has remained fairly stable over the past ten years, although prices have fluctuated through different seasons. When this blog was written, the year-ahead price was £55.73MWh which is 5.6p p/kWh which is not far off the average price in 2010. However, making sure your business is on a suitable tariff by switching to D-ENERGI and the cheapest business electricity prices we offer, can help you save money regardless of wholesale cost fluctuations – especially if you are on a fixed-rate contract. Non-commodity Costs You probably didn’t know this but a third of the cost of your business electricity bill goes to the UK Government to pay for environmental initiatives. There are five key components that go into these charges, and these are: Capacity Market – annual auctions for the capacity to be provided by power stations, demand-side response, and energy storage Climate Change Levy – designed to reduce carbon emissions and improve energy efficiency – and only payable by businesses Contracts for Differences (CFDs) – CFDs guarantee a fixed price for each MWH generated aka the ‘strike’ price. These are the current contract mechanism for low carbon generation Feed-in Tariffs – introduced to promote the installation of small-scale renewable and low carbon electricity generation – capped at 5MW Renewables Obligation Certificates (ROC) –support scheme for development of large-scale electricity generation Non-commodity Transmission and Distribution Costs The final part of the charges on your bill comes from the use and maintenance of the electricity transmission and distribution system, and typically include: Balancing Services Use of System (BSUoS) – costs that relate to the day-to-day operation of the transmission system which balances the grid Distribution Use of System (DUoS) – Cover the cost of distributing the electricity to the system Transmission Network Use of System (TNUoS) – The cost associated with transmitting electricity from power stations to grid supply points via the high voltage (HV) transmission network.   If you are looking for the cheapest business electricity rates UK, then switching to D-ENERGi can help. Contact us today to find the most suitable tariff for your business.

Business and domestic electricity come from the same source, and are supplied through the same cables – but they are not the same. Your business electricity contract is set up differently from your domestic electricity contract – and so you will pay a different rate. This is why it is always worth it to compare business electricity prices per kWh. If you run a large company, you may be charged a half-hourly rate for your electricity, or have to have more than one meter installed to ensure your readings are accurate, and so you need to keep a close eye on your business electricity prices per kWh. There is one thing that domestic and business electricity do have in common though. That is the fact that if you haven’t switched a supplier in the last 12 months, your bills will be higher than they need to be! If this is the case, then D-ENERGi can help you to get a better deal. How to switch business electricity supplier Switching to a better business electricity (or business gas) deal is so easy with D-ENERGi. All you have to do is fill in your Name, Company Name, Phone Number and Email Address and we will contact you. Alternatively, you can speak to us directly on 0800 781 7626. We will find out a little bit more about your business and your current energy use, and then we will offer you the most competitive prices and rates in the UK. Why should you switch your business energy supplier? Every business is individual, no matter what niche it is in, and so every business energy need is individual as well. It doesn’t matter the size of your company, or what you do, if you have let your old deal lapse then you will probably be paying more than you need to – and this can negatively affect your overheads. Switching to D-ENERGi, the independent energy solutions provider means we can help you really drive down your energy costs. We have spent years creating great partnerships with energy suppliers and working to negotiate exclusive deals to try and protect you against price hikes and make it easier for you to budget month to month. How much money could you save by switching to D-ENERGi? The amount of money you could save by switching to D-ENERGi will depend on the size of your company, the size of your business premises, the number of employees you have, and your overall business efficiency. Why not call our business energy experts today on 0800 781 7626 to compare business electricity and business gas prices per kWh, and find out exactly how much your business could save?

There can’t be a business out there that doesn’t want to achieve more by spending less. Being energy efficient is crucial to how most companies operate – but you might not have thought about how energy efficient your company car fleet is. Why are electric cars so popular? The world is changing, as more and more individuals (and businesses) are starting to think about the impact they are having on the environment, and the need to make their environmental footprint as small as possible. One way of doing this is switching from a conventional fleet of vehicles to electric vehicles –  after all, they not only offer your business a way to help the planet and improve your reputation – but you could also make significant cost savings as well. What are the advantages associated with having electric cars as company cars? There are numerous advantages for your company of having electric company cars, and these include: Less cost over the lifetime of the vehicle – huge cost savings on fuel + less or no road tax to pay = a much healthier bottom line Savings on Ultra Low Emission Zone and congestion charges – if your business is located in London And the savings don’t stop there, your employees will also be happy driving electric cars as: They can claim 4p per mile when driving the company car on the business Charging up their electric vehicle at work is also exempt from tax They will access significant road tax savings How much does it cost to run an electric car? All business owners need to know is that it is far cheaper for them to run a fleet of electric vehicles than it is standard vehicles – on both fuel costs and tax. You will also benefit from lower maintenance costs as well – as there will be no need for oil or air filter changes, or new fans, head gaskets, spark plugs, or timing belts. This is due to the fact that the battery is one working unit, as opposed to the dozen different working units you get in a normal combustion engine. What other costs do we need to think about? If you are moving over to a fleet of electric vehicles, you will probably want to think about installing charging points in your business’s car park. However, there is a Government grant available at the moment which is offering businesses money towards up to 20 charging points. Having electric charging points on-site can also help your reputation, as potential clients and suppliers can see your green credentials – as well as enticing them to stay longer on your site while they charge their car! At D-ENERGi, we are passionate about saving businesses money. This is why we offer an EV charging solution and an off-peak and GoElectric tariff. Please get in touch to find out more.

You may have come across the term business electricity rates per kWh while looking at energy providers, but what you may not know is what it actually means and how your kWh usage compares to other businesses. A kilowatt-hour (or kWh) is the name given to the unit of energy that all energy companies use to measure how much electricity or gas you are using. In simple terms, it refers to how much power you are using over a period of time – so a 1kWh drill, for example, will use 1 kilowatt of energy per hour. Why do you need to know what a kilowatt-hour is? Some people think that the kWh is the most important piece of information on your bill, as it not only lets you know how much energy your business is using but how much you are paying for it as well. If you have had a bill that was a lot higher than you expected, for example, you can use your kWh to work out which parts of your business are using more gas and electricity than others. This will lead you to know what parts of your business use the most energy and should drive you to find ways to help these parts of your business to run more efficiently. It is also helpful to know what a kWh is so that you can fully understand what you are looking at when you are comparing business energy prices per kWh. What is the difference between kW and kWh? The easiest way to understand the difference between a kilowatt (kW) and a kilowatt-hour (kWh) is: kW = the power needed to make a device work kWh = the amount of energy used over a period of time Think of your electrical devices as a car where the kW’s refer to the speed you are driving at and the kWh referring to the distance you are going. The more miles you cover, the more your petrol costs will be, and the more kWh you use the higher your energy bills will be. As a rough estimate, 1kWh will let you use a desktop computer for 4 hours. Where can I find kWh on my energy bill? You can find your kWh on your energy bill under ‘usage’ and it will usually show the abbreviation kWh. This will tell you: How many kWh you used over the billing period How much you pay per kWh Your latest meter readings   If you want to compare energy prices to see if you can find a lower kWh price, then please get in touch with the D-ENERGI team today.

Electric cars are an eco-friendly alternative to diesel and petrol cars, but while electric car owners definitely save money at the fuel pumps, what effect does running an electric car have on your business energy bill? Electric vehicles (also known as EV’s) have grown massively in popularity in recent years, as the range available, and the performance has dramatically improved. However, sales of Plug-in electric vehicles still only account for around 3% of total vehicle sales in the UK, despite sales of fully electric vehicles growing by 61% from June 2018 to June 2019. The UK Government is currently working on a proposal to ban all diesel and petrol cars by 2035, however, so this is going to have a huge effect on sales as it will mean that the mainstream option for drivers in the future will be electric vehicles. Types of Electric Car Before deciding to switch your business car fleet to electric vehicles, you need to have an understanding of the different types of electric cars available. The most common types of an electric car are: Battery Electric Vehicles (BEVs). 100% battery-powered motor, sometimes known as all-electric, fully electric, or battery-only electric vehicles. You can usually expect about one to two hundred miles of driving per charge. Plug-in Hybrid Electric Vehicles (PHEVs). Run-on a combination of the battery-powered motor with a diesel or petrol engine as a back-up. A battery can run a car for up to 70 miles, with the internal combustion engine providing back-up power for longer journeys and higher speeds. Hybrid Electric Vehicles. A self-charging hybrid that powers the battery from the car’s own braking system, through a combination of electricity and fuel. They don’t need plugging in but they will need topping up with fuel. Should you buy electric cars for your business? Most people tend to associate electric cars with environmental benefits, but the costs benefits associated with them are just as impressive. For example, running costs for electric vehicles can be lower than diesel or petrol vehicles. Fully electric vehicles don’t require any fuel at all, and even plug-in hybrids use less fuel than a standard car. Fully electric cars are also exempt from paying road tax, the London congestion charge, and Ultra Low Emission Zone charges too. Aside from the lower running costs, there are also grants available which can help make the cost of owning an electric car much more palatable too. The cost of charging an electric car Whilst electric car owners save on fuel and tax, it is important to remember that they will have to consider the cost of charging. In a similar way to the cost of filling up with petrol or diesel, the cost of charging an electric vehicle will vary as well, and tends to depend on: The size of your car battery How much you pay per unit of electricity   D-ENERGi offers off-peak charging and a GoElectric Tariff, and you can also choose to spread the cost of a charger and standard installation over the length of your electricity agreement. To find out more, please get in touch.

Electric cars are growing in popularity, and are increasingly being seen as a viable mode of transport for drivers – not just those who are environmentally aware, or tech-savvy. In fact, electric cars can offer you a wealth of benefits – especially if you are thinking about investing in them for your business fleet. The benefits of electric vehicles are clear to many car manufacturers already, with over 20 manufacturers producing electric models already – and more and more planning to join in.  This means there is now a variety of choices when it comes to EV’s (electric vehicles) so whatever your budget or needs, leasing or purchasing an electric car is now more of an attractive proposition than it ever was. Yes, sometimes the upfront costs can be higher, but over the life of the lease, your business could benefit from major cost efficiencies, greater convenience, better performance, and less of an impact on the environment around us. The main benefits associated with electric cars are: Environmental benefits. Pure electric vehicles are built without an exhaust, so they, therefore, don’t emit any exhaust gases, which has a major effect on local air pollution – especially in noisy and congested cities Discounts on congestion charges. If your business is based in a “Clean Air Zone” area then you will be exempt from paying any congestion charges if your business car fleet is electric vehicles. The cost savings for your business could be enormous. If you are based in London, for example, you could save up to £2875 a year per car Lower running costs. One of the main advantages of running an electric car is that they are much cheaper to run than petrol or diesel cars. You may also benefit from free or low-cost charging at some workplaces or council-owned sites. If your car is pure electric then you also don’t have to pay road tax, while plug-in hybrids receive a £10 discount. Electric cars also tend to have fewer moving parts than petrol or diesel cars, and so maintenance and servicing tend to be cheaper. Government funding towards a charging point. At the moment, the UK government is offering a Workplace Charging Scheme which provides eligible businesses with a grant towards installing workplace charging points. Reduced company car tax on electric cars. During 2020/2021 there was zero tax on Benefit in Kind, and this will increase to 1% in 2021/2022 and 2% in 2022/2023. Capital allowances for businesses. Cars with C02 emissions of less than 50g/km are eligible for 100% first-year capital allowances, so you can deduct the cost of the entire car from your pre-tax profits.   To support the wide range of business owners who are now changing over to electric car business fleets, D-Energi are now offering EV charging points for business and home. If you’d like to find out more about that, and our off-peak charging & Go Electric tariff, please get in touch.