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Incorporated in 2002 we have become one of the longest established and well respected UK independent businesses energy suppliers.

15 Feb

Understand the Business Electricity Rates

by Pace Chan
 

Every business recognise the importance of evaluating its overhead expenses on a regular basis and one effective way for reducing business energy costs is to look at your business electricity rates, energy consumption and improve the overall energy efficiency.

However, this is easier said than done because the market is a competitive one with lots of business energy suppliers offering deals that suit the business’s size and annual energy usage. It is crucial to compare the available rates from alternative energy suppliers.

Indeed, regardless of your business’s size, even a ‘one-man band’ operation should be able to find a new electricity supply and save several hundred pounds from their business electricity bill every year.

Obviously, small and medium-size firms will be able to save substantially more while very large business will be able to deal directly with a energy supplier and not pay much more than wholesale rates.

New business electricity supplier for your business

A new business electricity supplier for your business 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 no more than 10,000 kWh of electricity but a small business might be using between 10,000 and 30,000 kWh.

The business electricity supplier 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.

Calculating your business electricity bill

So, when calculating your business electricity bill you will need to be aware that you could find an energy 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 and confirming the new energy contract.

Before you do speak with a potential new business electricity supplier it might be a good idea to get an idea of what the market rates and your energy usage might be for your business and use this information when negotiating for a cheaper rates.

A good way to find an average market price for a firm of your size and annual energy usage 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 energy supplier then the easiest and simplest way is to speak with the D-ENERGi team to see what they can offer you. We always available to provide advice and assistance on tailormade solutions, improve energy efficiency and reduce your business energy prices. Get a free quote from us or call us on 0800 781 7626 today for more information.

Require Assistance?

We take pride in our commitment to providing the most competitive rates for business electricity and gas. If you are seeking guidance on how to effectively reduce your business electricity and gas costs, or require assistance with a business energy switch, please call our dedicated Customer Services team at 0800 781 7626. We assure you that calls will be answered promptly within five rings or less!

Or you can enter your queries by clicking the button located at the lower right corner during business hours.

Click here for a Free Quote of business electricity and gas, our dedicated Account Manager will be assigned to provide bespoke business energy prices with excellent customer service.

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