7 Aug There are several good reasons for a firm to switch energy suppliers but the main one is also the best one: to save money.
Indeed, the process of looking at the entire energy supply market is something every business should carry out every year when their current energy contract falls due.
By doing this they will appreciate that they are on a good deal and, if not, they can easily switch.
The main purpose of spending time looking into the energy supply market is to lower overheads and boost profitability.
Main aim for any energy switch
This is the main aim for any energy switch a firm undertakes and should be good business practice for all firms and organisations.
For many firms, their energy bills will be a major part of their outgoings and for some could be a big financial burden. It doesn’t have to be this way.
Unfortunately, lots of firms are either unwilling or unable to carry out the search on a regular basis and then spend the time to switch suppliers.
Indeed, the energy regulator Ofgem says that 40% of all firms in the UK haven’t switched energy suppliers in the last five years.
They want more firms to switch on a regular basis which will encourage more suppliers into the market and with more suppliers means competition is increased and we all get to enjoy lower energy prices for our business.
By not switching the firm is probably paying more
And let’s not forget that by not switching, the firm is probably paying more than they need to for their energy which is money that could be better used for other purposes within the organisation.
The Competition and Markets Authority has calculated that small and medium enterprises have probably overpaid by nearly £300 million over the last few years by not shopping around.
That’s an astonishing amount of money being spent by small firms who could instead use it for better purposes.
It’s important to remember, however, that firms cannot switch energy supplier unless their contract is due for renewal but it doesn’t hurt to do homework beforehand and understand how the market works.
Firms could visit comparison websites on a regular basis to see what the market rates are which will also highlight the direction of travel for gas and electricity prices; many industry experts are predicting that prices will rise in the short-term.
For more help and advice about the reasons why a firm should switch energy suppliers and boost their profitability as result, speak with the D-Energi team.
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4 Aug One of the easiest ways to lower overheads is to switch business energy suppliers to save money and boost profitability.
That’s a common ambition for many firms and organisations in the UK and while it is an ambition, not every firm will undertake the process.
Which is a shame since the market is more competitive than ever before and the vast majority of firms will enjoy cheaper prices with a new supplier; the switchover process is also seamless.
Indeed, it helps that the government is keen that a more competition is created in the supply for business energy which will help lower prices over the long-term. Unfortunately, around 40% of firms have never switched business energy suppliers previously.
Find cheap business gas suppliers
This means there are opportunities to find cheap business gas suppliers so the firm can enjoy low prices, improve customer service and other potential benefits such as having an energy audit carried out.
While firms cannot enjoy a dual fuel deal, as most of us can in our homes, firms can source their energy supplies from different suppliers or from the same firm.
This means they will still need a bespoke deal for each utility offering.
Firms will also need to spend the time to compare business energy quotes to find a better deal and while this may appear to be a time-consuming process, it should be a rewarding one.
The firm can do this quite easily by visiting online comparison websites geared to delivering the latest business energy deals.
However, a potential downside is that the entire market is probably not being searched so the results from these websites will be skewed because not every energy firm is quoting and the quote itself will be a rough indicator of a potential deal.
Firms looking for cheap business electricity suppliers
This last point is important for firms looking for cheap business electricity suppliers, as well as gas, as they will find that they will still need to speak with the energy supplier for a bespoke deal.
That’s because the energy offering must be tailored to the firm’s needs and it’s important they are placed on the correct tariff.
Essentially, they will still need to speak with a potential business energy supply directly but they could do this and more by speaking with those who understand how the market works and have access to the latest deals – and that’s the team at D-Energi.
For more help and advice about switching business energy suppliers to lower overheads and to find the best possible deals, speak with the helpful team at D-Energi.
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2 Aug One of the best ways to enjoy a better commercial electricity quote is to compare the offerings between suppliers.
Nearly every firm and organisation will need an electricity supply for their daily needs and without it, many will not be able to function effectively.
This means this is a crucial supply and firms should take steps to ensure they get the best deal possible by shopping around when their contract falls due.
This is easier said than done when energy prices appear to be on the rise, so firms may think it’s more difficult to find a cheap business electricity offer from a supplier. That would not be true.
Appreciate Commercial Electricity Rates
The first step is to appreciate commercial electricity rates and what is being offered currently by suppliers; the market itself fluctuated so these prices change often.
Firms could use an online comparison website which will be regularly updated but may not search the entire market for a potential electricity supplier.
Also, business owners may decide that they and their staff do not have the right level of knowledge to deal with the issue of finding and then switching to a new commercial electricity supply.
For those who do believe this, then it’s time to speak with the D-Energi team who can explain how the market works and how to find the best offers.
Business electric prices change regularly
As mentioned previously, business electric prices change on a regular basis and with growing competition, many suppliers work hard to undercut the ‘big six’ suppliers.
Also, there are a number of terms that business owners will need to appreciate when beginning their search and the first one regards tariffs.
That’s because a fixed rate tariff means a business will pre-agree the rates per unit from their electricity supplier for the duration of the contract.
Fixed rates offer a business a competitive price, particularly for those who are on a ‘deemed rate’ tariff – that’s when the firm will have been rolled over onto an automatic contract because they haven’t formally agreed on a new contract or switched supplier.
Switchover process is seamless
It’s also important to appreciate that the switchover process is seamless and there’s no loss of electricity supply to the business when this is undertaken.
The government is keen for more firms to shop around for their business electricity supply so more competition is encouraged in the marketplace; more competition means lower prices for all firms in the UK.
For more help and advice about how to enjoy the best commercial electricity quote then speak with the helpful D-Energi team.
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31 Jul For most businesses, finding the cheapest gas tariff is an important way to control overheads but is it necessarily the best one for their needs?
With so many business gas suppliers in the market means there’s a wide range of deals and tariffs available and firms will need to do some homework.
But with so many business owners being tied-up with day-to-day activities, finding the time and inclination to shop around potential suppliers can be difficult.
Not only is this a time-consuming and sometimes confusing process, they may not fully understand whether a particular tariff will meet their needs.
Compare business gas prices between suppliers
Along with this opportunity to compare business gas prices between suppliers, the firm will be to work out which tariff will best meet their needs.
Also, while they may be tempted to use an online comparison website, they need to appreciate that not every supplier may be quoted on there.
Inevitably, this means they are not searching the entire market and there may be better and cheaper business gas deals available.
On top of this, should they be tempted by an offering on a comparison website, they will still need to speak with the supplier directly to arrange a bespoke offering.
A bespoke commercial gas quote
This means they will need a bespoke commercial gas quote that will hopefully lower their overheads and boost profits.
However, while the deal may appear to be attractive there are a number of issues that firms will need to be wary of.
Despite the opportunities being offered by comparison websites, around 40% of firms haven’t switched their energy supplier and are probably paying more than the need to as a consequence.
That’s why a deal that may appear to be the best offering may not be the best tariff that suits the firm; after closer examination, the business will need help and advice in deciding whether an offer is a good one.
Or, they could simply speak with an organisation that understands how the business gas market works and will have access to all of the market and the best offers and tariffs.
For those firms who are looking to enjoy the cheapest gas tariff for their business and wanting to ensure it is the best one for their needs, then it is time to speak with the friendly team at D-Energi for more help.
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28 Jul For those businesses who are looking to lower their energy costs, they may wonder why an energy consultancy can help them save even more money.
Indeed, they may be reluctant to consider the input from an energy consultant as being a waste of time.
This stance could not be further from the truth since energy consultants will understand the best tariff to be on and help the firm introduce energy efficiencies to lower their bills over the long term.
This means the firm will enjoy not only lower bills but will use less energy and also boost their environmental credentials as well.
Source energy services
It’s a straightforward process to source energy services to boost a firm’s use of energy and there are lots of well-established organisations that can help but for those business owners that simply do not have the time to search for them, then it’s easier to contact a firm that does appreciate what needs to be done.
This will mean speaking with the friendly team at D-Energi who will explain why an energy consultancy will save money and how the firm can best use the advice.
It’s important that firms find the best energy deal that meets their needs and an energy consultant will be to help in this regard. They will also look at the firm’s current deal to see whether it is suitable or even if there is a possibility for a rebate when it is not.
Potential energy saving tips
However, it’s not just about sourcing cheaper energy deals and the consultant will also highlight potential energy saving tips for an organisation.
These may include, for example, switching to energy-efficient light bulbs, switching off lights when not being used, installing motion sensing lights and encouraging staff to switch off computers and screens.
There are also other savings that firms may not consider such as having more efficient kitchen appliances, for instance, why would staff boil a full kettle to make just one drink?
Technology to help boost energy efficiencies
And the consultant will also know of the best technology to help boost energy efficiencies.
An energy consultant could also help the firm negotiate a deal with suppliers, validate the firm’s energy invoices to highlight mistakes and help the firm budget effectively in line with their business plans and ambitions.
For more help and advice about understanding why energy consultancy can save a firm money, then speak with the team at D-Energi.
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