The installation of new meters for larger electricity users means there is now a great opportunity to save money with business half hourly electricity suppliers.
For those who may not be aware, a half hourly electricity meter, also known as an HH meter, is a special kind of meter that is connected to the electricity supplier via a phone line.
This means the meter can automatically send its meter readings every 30 minutes to the supplier – which is why it’s called a half hourly electricity meter.
This also means there’s no need for a business to take meter readings and then submit them and the regular updates of your usage also enable a potential supplier to see when your peak periods of use are and tailor their offering to meet your needs.
It’s this extra level of detail which should lead to substantial savings and a lowering of overheads.
Half hourly electricity meters being used by larger firms
However, when we talk about half hourly electricity meters being used by larger firms, we tend to mean large offices and factories; they tend to have an electricity usage of at least 100,000 kWh of electricity per year.
We should also point out that all large users of energy, including department stores and manufacturers, will have these half hourly meters installed because it’s now the law.
Indeed, these meters are sometimes referred to as P272 meters which are the relevant reference for those who want to find out more, and Ofgem is keen for more firms to have smart meters installed.
While it’s easy to switch business electricity supplies, the process for those who have half hourly suppliers is a little bit more complicated than switching a regular contract but there are experts available to help you do this.
Access the best half hourly electricity prices for you
This complexity should not put you from searching the market but you can contact an energy broker, provide the information and they can access the best half hourly electricity prices for you.
Essentially, the broker will need a data release letter from your business so they can access the data that is being provided by the meter and they can begin a tendering process.
The broker will arrange for quotes from various energy suppliers and then take care of the switchover process which can range from between four weeks and six weeks, depending on when your contract is due for renewal.
It’s also possible that by using half hourly meters, your business may be able to ‘group buy’ your electricity even if the meters are spread over various premises. It’s also possible to enjoy cheaper weekend and night electricity rates.
For more help and advice about how to save money with business half hourly electricity suppliers, then speak with the expert team at D-Energi.
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Over winter there is a 63% increase in gas usage in the average office and a 38% rise in electricity consumption in a typical factory in the same period.
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There’s an obvious answer as to why you should compare business electricity prices and that’s to save money; with lower overheads, your profits will be boosted.
But how does a firm go about comparing electricity prices to find the best deals?
There’s no doubt the market has a grown in the number of electricity suppliers for businesses but this may cause confusion and the prospect of having to contact lots of suppliers to find the best deal.
Easy way to compare business energy prices
However, one easy way to compare business energy prices and deals is to use one of the online comparison websites to see what the current market rates are.
There’s no doubt that these sites will deliver an impressive range of offers and prices and you will see immediately how much you can save by switching.
It’s important to remember that the comparison website may not be searching the entire business energy supplier market and so may not be delivering the best offers.
It’s also important to appreciate that switching suppliers is easy and seamless.
Compare business gas prices
There’s also a good argument for businesses to compare business gas prices on a regular basis to find the best deals.
Again, online comparison websites will offer gas and electricity supplier deals and while firms can’t access a dual fuel deal, much like we can for our homes, it is possible to have the same supplier deliver both utilities.
You may be a busy business owner and may be attracted to the prospect of sourcing cheap deals quickly and easily but you will still need to contact the potential new supplier directly for a bespoke quote.
It should be appreciated that isn’t the fault of the comparison site since suppliers must tailor their offering to a firm’s specific needs.
Obviously, you can also spend time speaking with potential new energy suppliers directly but this can be time-consuming and you are likely to speak with the ‘big six’ suppliers first since you will have heard of them.
Unfortunately, the big six are unlikely to offer the best prices on business energy since they occupy a dominant part of the market.
There is also another way to find cheap business energy deals and that’s to speak with those who understand how the market works and will have access to every supplier’s deals and offers.
That’s to speak with the team at D-Energi who will be able to help you compare business energy prices quickly and easily to enjoy lower bills.
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The process to switch energy suppliers for a business is easier than it has ever been and can be done with just one phone call.
However, it always pays for you to learn more about how the business energy supply market works and what the current rates are for your firm.
These prices will vary depending on the firm’s size and energy needs and also for the regional location.
Obviously, bigger users of energy will gain more by switching suppliers since they will save substantial amounts of money – this could be thousands of pounds every year.
Undertaking an energy switch between suppliers
However, undertaking an energy switch between suppliers is not just about saving money, though this is a big incentive, it’s also about enjoying other services as well.
For instance, the business energy supply market is a competitive one and there are new entrants offering better levels of customer service and the potential for an energy audit.
This audit could lead to you and your business making considerable long-term savings by using less energy and it also means you will be doing your bit for the environment.
However, you may also find that when you begin your search for a new business energy supplier that the sheer range of tariffs and offers available means you may need some expert input to help you understand how the market works.
Speak with the experts at D-Energi
The best way of doing this is to speak with the experts at D-Energi who understand how to find the best energy deals for your business.
You could also use energy comparison websites and while they give a good indication of the prevailing market rates, you should be aware that they may not be searching the entire market to find the best deals.
On top of this, you may be surprised to learn that you will still need to speak with a supplier directly to give them your details so they can tailor their quote to meet your needs.
This last point means it is rather difficult to compare business energy quotes on a like-for-like basis.
Search for a new energy provider
As mentioned previously, the search for a new energy provider should not be focused solely on prices but on their whole offering; also, your firm’s location and how you want to pay your bills will also affect the prices being charged.
If you would like to know more about how to switch energy suppliers and save substantial amounts of money at the same time, then speak with the friendly team at D-Energi.
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Call for free 0800 781 7626 to speak to one of our friendly Customer Services team directly and reduce your business energy costs!