Business Energy Myths Debunked: Separating Fact from Fiction

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.