21 Mar If your firm or organisation could save a substantial amount of money, would you compare energy prices between new suppliers and switch?
The obvious answer should be ‘Yes!’ but a government survey has highlighted that around 40% of firms have never switched energy supplier so they will probably be paying more for their energy needs than they should be doing.
That’s a shame because the process to find a new gas or electricity supplier is a simple one and the switching process is seamless and there’s no loss of energy while this is in progress.
It also needs to be highlighted that every firm and organisation could reduce their business energy costs, whether they are a new one-man-band start-up or a firm with several premises.
Business energy prices per kWh
It will soon become obvious that when looking to compare energy providers they will be quoting business energy prices per kWh.
This makes it much easier to compare their offering but you will also need to be aware of their standing charge to ensure that a cheaper kilowatt hour price is not being disguised with a higher standing charge than the firm’s rivals.
Online comparison websites will take your details and find the best supplier to meet your needs at a lower price.
The issue here is that the comparison site may not be searching the entire market and you will still need to negotiate directly with the supplier recommended by the site to obtain a bespoke quote.
Business electricity rates per kWh
It’s also possible to negotiate directly with a new supplier to find out what their business electricity rates per kWh are and then ask them to switch you to their service.
Again, this can be a time-consuming process negotiating with separate suppliers directly and having to understand the different business electricity rates to obtain the best deal for your business.
This is also the point to highlight that while the business energy market is dominated by the ‘Big Six’, you could make substantial savings by switching to a smaller supplier offering better electricity rates.
If you want to know how your business can compare energy prices to help reduce overheads and for more help in understanding how the UK’s business energy supply market works, then speak with the friendly D-Energi team who will be able to answer your questions.
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16 Mar Every year when it’s time to renew your utility provision it’s important that you find a business energy quote that works for you.
Essentially, we mean that you should be looking for cheaper contract rates and better levels of customer service and even other services as well.
If you do not switch your business energy supplier then you are probably paying more than you need to for your energy supplies when a simple exercise every year will reveal the potential savings that can be made by switching to a new supplier.
However, if you’ve never switched energy suppliers previously then you are not alone since a government survey has revealed that 40% of firms and organisations have never bothered switching either.
Find a business electricity quote
It’s also important to understand that you will need to find a business electricity quote separately to your gas needs because suppliers cannot supply a ‘dual fuel’ deal like we can get for our homes. Instead, the supplier must offer a bespoke deal for each of the utilities they provide.
This may mean contacting business gas and electricity suppliers separately, giving them your firm’s details and then getting a quote. You will then need to compare each of these quotes between suppliers to find the best one that meets your needs.
It’s also possible to use an online comparison site where you will again need to input various pieces of information to get a quote delivered to you and you can use this information to then negotiate better rates from your current supplier.
You can also use the opportunity to switch suppliers using the online comparison site but you need to be aware that the site is probably not searching the entire marketplace for business gas and electricity suppliers. Obviously, this may mean you missing out on other offers that are better suited to your firm and are cheaper.
Finding a business gas quote
This issue also extends to your firm finding a business gas quote that will meet your needs and you may be tempted to go with a supplier offering other services such as a consultancy.
An energy consultancy will help your firm or organisation reduce the amount of gas and electricity you are using so you will not only be switching to a cheaper tariff but using less energy so your savings will be greater. There’s a lot to recommend an energy consultancy for all firms, regardless of size.
There is another way if you are looking for a business gas quote or electricity supplier for your business and that’s to speak with experts who understand how the market works and who have access to the latest deals and offers and can deliver a bespoke quote that will probably be much cheaper than your current supplier’s offering and will meet your current and future needs.
To achieve this, you will need to speak with the experts at D-Energi who will be able to find you a business energy quote that works for you.
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14 Mar In answer to the question, ‘Will changing your business gas supplier save you money?’ Then the answer is probably ‘Yes’.
And, if you’ve never switched supplier previously, then the process is much easier than you will believe.
Sadly, according to one government survey around 40% of firms and organisations in the UK have never switched their utility supplier which means they are probably paying more than they need to for their business gas and electricity supply. This is a shame since there are big savings to be made.
But how do you go about finding a new business gas supplier who will save you money?
Find business gas rates and tariffs
The easiest way is to contact the friendly team at D-Energi who will be able to find business gas rates and tariffs that will probably beat your current supplier’s offering. This process will take just a few minutes and you’ll just need to hand over a few details.
Alternatively, you could contact business gas suppliers directly to find out what they will offer you for your custom. This is a time-consuming and potentially confusing process to undertake.
There is another potentially easy way and that is to visit various online comparison websites to find a new business gas supplier.
While there are lots of deals and tariffs for the sites to deliver, there are some important issues that you will need to bear in mind.
The first potential issue is that the site may not be searching the entire marketplace so there may be better and cheaper deals and offers that you will miss out on.
Also, the offer from the site may not be the one you can sign up to and you will need to contact the potential supplier directly and give them your details so they can offer a bespoke deal.
Switching your business gas supplier
There’s a lot to recommend switching your business gas supplier and if you have visited an online comparison site then you’ll have a good idea what the market rate for your firm’s business is and you can use this information to negotiate a new deal with your current supplier, if that’s what you would like to do.
However, when your current gas supplier gets in touch to tell you what your new contract rates are going to be is probably the most opportune time to search the marketplace to find a better deal and a better supplier. Other supplies may have better levels of customer service, offer discounts for paying by direct debit and some may even offer an energy consultancy.
This consultancy will help you in your business reduce the amount of business gas you use so your potential savings could be very much larger.
For more information about whether changing your business gas supplier will save you money, then speak with the experts at D-Energi.
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12 Mar If your business has half hourly meters installed then this article will help you find cheaper half hourly electricity suppliers.
By doing so you should be able to reduce your firm’s electricity bill.
For those firms who may not be aware, if your business is a high consumer of electricity then your usage levels are probably being monitored by a special half hourly meter.
This means that your electricity usage is being sent to your supplier every 30 minutes without you needing to submit meter readings.
Enjoy half hour electricity prices
One of the benefits of these meters is to enjoy half hour electricity prices that should be cheaper because your supplier has a clear indication of how much electricity you are using and when you are using it.
Essentially, having your usage submitted every half-hour means your bills will be more accurate and there’s less chance of being charged incorrectly.
The data that is submitted can also be analysed by you and your firm to see where potential savings can be made, for example, switching usage to a cheaper off-peak tariff.
While there is software available to do this, it may pay to contact experts such as D-Energi who can analyse the figures to see whether you are paying too much for your electricity needs and where potential savings can be made.
Some firms will need to be on half hourly electricity meters
However, some firms will need to be on half hourly electricity meters because they have a high peak demand while those who use less could choose to have an HH meter installed because of the benefits of monitoring their energy usage.
If you move premises and you are high electricity user, then you need to ensure that there is a half hourly meter installed by checking the top corner of it to see if there is a ‘00’ listed on the front of the meter plate. If you are a high-level user and you don’t have a relevant meter installed then you need to arrange to have one.
So, what are the benefits of having a half hour electricity meter installed? Along with having more accurate billing data, higher electricity users will be able to access cheaper electricity prices from potential suppliers.
There are other issues on how much a supplier will charge your business for electricity including where it is located and the type of tariff you need.
For more information about how to find half hourly electricity suppliers then speak with the experts at D-Energi.
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9 Mar Every firm and organisation should be looking at their overheads on a regular basis and one way to reduce costs is to look at your business electricity rates.
However, this is easier said than done because the market is a competitive one with lots of suppliers offering deals that suit the firm’s size and location.
Indeed, regardless of your firm’s size, even a ‘one-man band’ operation should be able to find a new electricity supply and save several hundred pounds from their electricity bill every year.
Obviously, small and medium-size firms will be able to save substantially more while very large organisations will be able to deal directly with a provider and not pay much more than wholesale rates.
New business electricity supplier for your firm
A new business electricity supplier for your firm will need to understand what your average annual usage of electricity is in kilowatt-hours, expressed as kWh.
For example, a micro-business will be using between 5,000 and 15,000 kWh but a small business might be using between 15,000 and 30,000 kWh.
The business electricity provider will be charging differing prices per kWh for a micro-business and small business with these prices expressed in pence – the larger the user, the cheaper this price will be.
There will also be a standing charge which is paid on a daily basis to help pay for the network that delivers the energy to your premises so a micro-business could, for instance, be spending between £650 and nearly £2,000 in total on their electricity bill.
Calculating your business electricity bill
So, when calculating your business electricity bill you will need to be aware that you could find a supplier charging a lower average price per kilowatt hour but they might be charging more for your standing charge.
Essentially, this means you may not be making any saving whatsoever so you will need to understand these charges when discussing switching to a new business electricity supplier.
Before you do speak with a potential new business electricity provider it might be a good idea to get an idea of what the market rates might be for your business and use this information when negotiating.
A good way to find an average market price for a firm of your size and location is to use a business comparison website which will give you an indication that you can then use.
Alternatively, if you want to understand business electricity rates and find a cheaper provider then the easiest and simplest way is to speak with the D-Energi team to see what they can offer you.
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7 Mar Perhaps you and your firm have never asked the questions before, but should you change your business energy supplier?
There is a raft of reasons why this would be a sound move and the main one is the opportunity to enjoy much lower energy bills.
While many firms may decide that the process is too time-consuming and a distraction from their everyday activities, it will be time well spent.
That’s because there is the potential to save hundreds of pounds if you are a small business, every year and for larger enterprises, the savings could run into thousands of pounds.
This, in turn, means your overheads will be substantially reduced and profitability boosted which makes the exercise a worthwhile one to undertake.
Find cheap business energy prices with a new supplier
The process to find cheap business energy prices with a new supplier is a straightforward one and it needs to be appreciated that there is no loss of supply to your business premises when this process begins – and this too may be an issue preventing some firms from switching.
It’s also important to appreciate that while many firms and organisations may prefer to remain with one of the ‘big six’ suppliers, mainly because they have heard of them, there’s a lot to recommend switching to a new firm that will offer lower prices, better levels of customer service and the potential for other extras as well.
It’s at this point that firms thinking of switching supplier should appreciate that the market is regulated by Ofgem so switching to a small, or even a new supplier is not the risky move some firms may believe.
Also, these newer business electricity providers may offer other attractive benefits including an energy consultancy to help your firm use less energy which will mean that you will save even more on your energy bills.
Finding a new business energy provider
But how do you go about finding a new business energy provider? The easiest way is to use an online comparison website which will compare the offerings between business suppliers to find a quote that best meets your needs.
However, there are two issues to bear in mind: the first is that the website may not be searching the entire marketplace and, secondly, you will still need to speak with the supplier directly because their offering must be bespoke to ensure it will meet your needs.
You could also contact potential business energy suppliers directly and while this may be time-consuming it should lead to a better deal.
However, the simplest way of finding a new business energy supplier is to speak with the D-Energi team who will be able to source a new and cheaper deal within a few minutes and answer any questions you may have about the provider and the switchover process as well.
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