14 Jul
Commercial Electricity Rates: Finding the Best Deal
Posted on Jul 14, 2016
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The majority of businesses require considerable more electricity than the average home. This can work in your favour as it can enhance your negotiation price with your commercial energy supplier – in most cases.
Finding the perfect deal for your commercial electricity rates can be quite tedious and time consuming.
As a result you will find that most businesses use a specialised energy broker experienced in energy negotiation, which is understandable. However most energy brokers will typically add in a margin on the unit rates and standing charge so they can generate a commission on the energy a businesses may consume. Therefore the most reliable way to getting the best deal is by directly calling commercial energy suppliers yourself and shopping around. You may be surprised about the fact that by speaking to a commercial energy supplier direct, like ourselves, you may able to get better commercial electricity rates.
D-ENERGi is a direct commercial energy supplier, fill in our quote form and receive a free, no obligation quote from us. Or if you would prefer to talk to us direct, call on 0800 781 7626. We are a leading commercial independent energy supplier based in the heart of Manchester. A small energy supplier working under the radar of the big six for over 15 years. We know how it feels when you are being passed from pillar to post and having to endure long waiting times when trying to resolve a customer query, which is why we have a 3 ring guarantee to all our customers.
All energy suppliers will try and persuade you to allow them to supply your business electricity, but we want to ensure you that with a D-ENERGi quote you will feel no pressure – it is completely your decision, only you know what is best for your business and its energy needs.
In the 1990’s a deregulation occurred which changed the game. Both domestic and business energy customers all over the UK can become a customer to the energy supplier of your choice. Once you switch suppliers, the only change you will notice is a different company logo on your bill and considerably lower charges.
The ‘Big 6’ energy suppliers admittedly supply the majority of businesses in the UK but if you shop around, you should notice smaller, less popular suppliers could help you and your business save amounts you wouldn’t believe – it’s worth switching your investigation mode on!
Comparing the prices for electricity can and will help you find what it is exactly that you need for finding the cheapest rates. Proceed with the following steps to learn how to compare electricity rates to the best of your ability:
- Find a recent if not the most recent electricity bill from your current supplier.
- Look around for a trusted electricity price comparison site, ensure the site you find offers you a whole market view, some of them will only show you plans you can switch to via their company
- Fill in the data captures with your electricity usage details as requested – this is so you can receive the most accurate results which are specific to your region and consumption
- Review your electricity comparison results – switching online could save you hundreds or you may just be checking to see how your current electricity plan compares to the rest of the market.
- Enjoy your savings!
Looking for a business gas quote? Fed up of long waiting times. Why not give us a try, you may not of heard of us before but our customers love us. Rated within the top 5 gas suppliers on Trustpilot. View our customer reviews page. We have been supplying business gas for 15 years based in the heart of Manchester. We are a small family energy business and not part of the Big Six – we can not only match their business gas quote rates, but on most occasions beat them.
Our friendly UK based call centre will guarantee your call to be answered in a maximum of five rings and no long waiting times.
We offer a friendly and personalised service, account managers are dedicated solemnly to you so any query or issue you may have is dealt with by an expert. This way we have built a loyal growing portfolio of hotels, care homes, schools who all use us as their preferred business gas supplier.
Managing your finances in your business is important and is something that cannot be dealt with light heartedly. This is what drives us to give you the best fixed prices we can offer. With a fixed price business gas quote from D-ENERGi, you know specifically how much you will pay on your gas bill every single month.
You may now be thinking why should I get a business gas quote from D-ENERGi? We have had plenty of practise forging the best energy deals and in negotiating exclusive deals higher up the supply chain so we can pass the savings on to you.
Get a free no obligation business gas quote from D-ENERGi or call 0800 781 7626.
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There are many things left in the dark with business energy, here we will give you some pointers with some free business electricity advice. Things that you should know but have never quite been told by your supplier. You shouldn’t feel left in the dark when it involves something as important as your money. We have put together some facts that are handy for you to know to assure yourself just where your money could be going.
Business Energy Advice
Loyalty doesn’t pay the bills – make sure you shop around.
Being a loyal customer doesn’t entirely mean you will get the cheapest rates. In fact, usually it’s the opposite. When it comes to energy, loyalty never pays.
If you have been with the same supplier for more than 2 years, you will more than likely be on their standard deal – this isn’t always the cheapest.
According to GoCompare.com, switching suppliers could save you up to £291 per annum.
The standard deal you are probably on will enable your supplier to increase prices in areas like your kWh and standing charge.
Not all suppliers are the same, newer and independent suppliers are more likely to be more flexible and appreciate your custom. For example ourselves here at D-ENERGi will always look to price match any electricity price you get if you are our customer or if you just shopping around. Enabling our existing customers and prospective customers to always feel valued.
Deemed contracts
A deemed contract is in place when anyone moves their business premises and begins consuming gas, electricity or both – with no agreement in contract with a supplier.
If a contract is ended by either the supplier or customer but the supplier continues to supply the customer a deemed contract is usually present if:
The original contract does not obviously state the outcome after termination
The existing customer continues to use gas, electricity or both at the premises
10% of micro businesses are on deemed contracts for their energy, prices in deemed contracts are usually more than a substantial 80% more than rates at a negotiated price.
Make sure you know exactly when and where your charges are coming from, it is easy to be misled into paying more than you should be.
Do you run a care home or are you a charity?
Care homes, charities and other establishments using less than 33 kWh of energy per day are entitled to 5% VAT in comparison to the standard 20% VAT. When signing a contract with The Big Six – this usually isn’t outlined. Therefore meaning you could be being charged 20% VAT instead of 5%.
An unusual service which we offer at D-ENERGi is your VAT rebait which we take into our hands from start to finish. Customers in the past have received as much as £15, 000 with their rebait. This process usually takes around 3-4 weeks but is most definitely worth it.
Like-for-like tariffs
If you have been shopping around for cheaper electricity rates then you must ensure you compare ‘like-for-like’ tariffs. Suppliers can throw in hidden charges which you are unaware of. This has happened in many cases when it is just as easy to avoid.
A hidden charge is something we call a FiT charge, when you have been quoted for your business electricity, it is a point to ensure the FiT charge is included in your quote. On average, it has been estimated that a hidden charge can add an extra 2-3% onto your electricity bill.
Understanding the benefits of half hourly meters
P272 is a new regulation decided by Ofgem, having a half hourly meter will become mandatory in 2017. Until then, you could be saving a vast amount of money just by installing a half hourly meter.
With a HH meter, you will be charged every half an hour which essentially should secure you cheaper rates. The process of installing HH meters can be tedious but your energy supplier will help you through step by step. If your profile class is 05, 06, 07 or 08 then you will automatically be changed to a HH by 1st April 2017 however, you can switch and save before this! Visit our page dedicated solely to P272 and read our infographic which will fill you with all knowledge you need to know. You can visit our page here.
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