When it comes to choosing a better and cheaper business energy supplier for their business, there are some tips they can take to find the best suitable business energy supplier. Switching business energy suppliers and even setting up a new energy contract as soon as a business moves into new premises can have a significant effect on reducing energy bill. The first thing that all businesses should do is to speak with their current supplier and find out what special deals they may offer to retain custom but the real reason for doing this is to use it as a benchmark to look at other deals from business energy suppliers. However, firms should also appreciate that if they are on a specific, or ‘deemed’ rates then their energy supplier is obliged to tell them about other contracts that are available and how to get information for them.   Looking to Switch Business Energy Suppliers Firms looking to switch business energy suppliers should also take regular meter readings as this will give a fair picture of their energy consumption over a given period of time and it will also help when speaking with potential energy suppliers so they can tailor a quote for meeting energy consumption needs. To do this, the smart meter has a unique registration number – it’s known as the meter point administration number (MPAN) for electricity or the meter point reference number (MPRN) for gas – and these will need to be given to a new business energy supplier. These numbers are also found on the energy bill and also on the smart meter itself. Before making a switch to a new energy supplier, businesses should really appreciate what the current terms of their contracts are and they need to know when is the contract end date. That’s because they may need to inform their current supplier they are planning to switch and some contracts will only allow this to be done at certain times.   Discussing Your Business Energy Needs It is also important when discussing your business energy needs with a new energy supplier that they discuss the terms of the contract in detail. Request detailed quotes that outline all the costs involves, including unit rates, standing charges and any additional fees. So the customer is fully aware and happy with the price, terms and conditions before signing up to a new business energy contract. Businesses also need to appreciate that a current business energy supplier could object to the firm switching to another energy supplier but this can only be done under specific circumstances and, more importantly, the circumstances will be detailed within the contract between the business and the supplier. Among the reasons for objecting is if the business has an outstanding debt with the energy supplier or they have a fixed term contract that has yet to end so they are contract-bound not to switch energy suppliers. However, the current business energy supplier cannot object if the business is on a deemed contract or if their contract has expired and there are no longer bound by its terms. Switch business energy supplier over to D-ENERGi is easy! If you want to know how to switch over to D-ENERGi, or get a business energy quote,  contact the experts D-ENERGi on 0800 781 7626. For more energy saving tips and advice on how to improve the energy efficiency of your business premises, check out more of our D-ENERGi blogs.

When it comes to your business energy supplier it is possible to switch your business electricity and gas tariff or supplier to save a significant sum, but a business tariff is bespoke to the needs of your business and as such can vary wildly. Below we’ll list a few of our tips to ensure your business can save money via comparing business energy prices: Compare Prices   When you’re looking for the best deal it helps to get a breakdown of unit rates and standing charges – this will keep you much more informed about what’s available and how much you should be paying as opposed to relying on estimated annual costs. Fixed Tariff   Fixed tariffs are becoming the norm when it comes to business energy and it’s not uncommon for businesses to get a two or even three year fixed tariff. This varies depending on the supplier, and the longer fixed terms will tend to be more expensive as they’re constructed with a view to protecting them against any price rises in the future. No Cooling Off   When it comes to business energy tariff’s there’s no cooling off period which makes it doubly important that you are 100 percent satisfied with the deal you’ve haggled. On top of this you will be locked into the contract once it is signed off meaning no switching if a better deal turns up six months in. Be Aware Of Contract End Date   The onus is on you to arrange a new deal prior to your current contract. Depending on if you are a microbusiness or not termination can be served up to 30 days before your contract. This depends on your current supplier. At D-ENERGi we always put your contract end date and termination date on your invoices to keep you updated. At the end of your agreement, you may be put on standard variable tariff or deemed tariff, this depends on your current supplier terms If you wish to terminate your contract, you should send a written notice in writing to the postal address or email address of your energy supplier. Let D-ENERGi Do All The Hard Work   As the UK’s One Stop Energy Solution Provider, we aim to offer you the most competitive prices – this also extends to offering a price match policy to ensure that existing and prospective customers feel valued too. On top of this we provide renewal reminders so you don’t get stuck with the same supplier and you can continue to take advantage of the most competitive rates. Check out our customer reviews to see what we’ve done for some of the UK’s leading businesses. Get a quick quote today for comparison.

Essentially, any UK business with peak loads of more than 100,000kWh of electricity per year will typically have an half hourly (HH) meter installed. Half hourly meters can also be referred to as 00 meters. HH record data from consumption every 30 minutes – this information is communicated to the energy supplier. We will break down half hourly meters as best we can to hopefully ease your mind. Half hourly meters can be found everywhere   Ranging from call centres, manufacturing sites, supermarkets all the way to sites which consume as much as places like Manchester Airport, half hourly meters can be found everywhere! Over 160,000 sites are affected by this so it is definitely worth checking if you are part of this large number, further explanation on finding out how can be found below. If your site requires a HH it is vital you have a Meter Operator (MOP). MOP is an organisation in the energy industry who hold the responsibility for installing and maintaining electricity and gas meters. They also provide the technical meter details to the Data Collector to enable collection of consumption data. A HH Data Collector is in charge of collecting HH consumption data from the meter. The data is then certified and passed to the supplier for billing. HH meters allow you to understand your consumption and provides you with a reliable source of information for your businesses energy management. What more could you ask for? HH meters can be a great way to save your business money. Finding out if you have a HH meter is easy All you have to do is check the number next to your supply number marked ‘S’ – if the number reads 00 then you have a half-hourly meter.   Pricing for HH can vary. The following charges may appear on your bill if you have a HH Meter: Energy Charges: We offer fixed price contract means you know precisely how much you will pay every month and can budget accordingly. Once you are on a HH meter, you should never receive an estimated bill. This is measured in kWh. Capacity Charges: this charge relates to the Available Capacity for your site. The Average Capacity is the demand for your site which is agreed with the Distribution Network Operator (DNO) and they ensure this is available to you. Reactive Power Charge: this is the difference between the working power and the total power consumed. If a site has a high reactive power, more current has to flow to provide the same output. This means more capacity has to be provided, potentially increasing costs for DNO.   Our dedicated Account Manager will get to know and understand your business, we will provide you with tailormade solutions and any information that can save your energy bills. If you would like to know more about half hourly meters, please visit here. Switch and save with D-ENERGi, get your free quote today.

As we head into 2024, it’s time to look ahead and see what research predicts may be in store for us this year when it comes to business energy predictions. The good news is that new research on this front predicts that there will be a decrease in the cost of energy for businesses in 2024. This decrease will be, for the most part, as a result of the likelihood of a fall in the wholesale energy price. From September 2023 to the start of January, the wholesale price of energy has seen figures drop to a point where they are 47% lower. According to industry analysts, this fall is mainly attributed to very strong storage reserves, favourable patterns in the weather and improved supply accessibility. And whilst these same analysts may not be able to fully predict the future, it is very clear that these are all factors that will help to ride-out any shocks to the system that may happen and that will result in a market that is less volatile.   Third party costs Unfortunately, the predictions for third party costs, distribution and transition costs are that they are likely to remain at levels that are much higher when compared with any historical data. This means that any changes, even small ones, will have an impact. All in all, what this means for businesses is that whilst the total cost will fall in 2024 for their business energy usage, third party costs will be higher and ultimately bills will still be higher than they were before the price crisis.   Balancing Services Use of System (BSUoS) The fixed tariff for summer 2024 (April to September) was shared back in April 2023, together with the draft winter 2024 tariff. From this, we already know that the projected costs of BSUoS will be reduced over the coming year   Contracts for Difference (CfD) The Levy for CfD has had some significant fluctuations, which were to be expected. However, due to a drop in wholesale energy prices, the average CfD forecast shows a price increase; although predicting further into the future this is expected to fall in 2024/25. Moving further into the year There may be a glimmer of hope for business energy users as we look further into the future where pricing is concerned. Since April and the last TPC Guide, there has been an emergence of the Energy Bills Discount Scheme which should start having an impact. Additionally, the forthcoming review from Ofgem with regard to the non-domestic supply market is being seen as a possible turning point. This, however, will not take place until the autumn. The expectation is that the new Autumn Third Party Costs Guide will outline an accelerated pace of modifications and some significant code reviews. The hope is that whilst this may not have much of an impact in 2024, if we look towards 2024/2025 it is possible to predict that a number of third party costs should experience a decrease. There may also be a range of fluctuations and possible changes as well as some increase to TPCs.   For the latest energy tariffs, do get in touch with D-ENERGi for the expertise and experience. For more energy saving tips and advice on how to improve the energy efficiency of your business premises, check out more of our D-ENERGi blogs.