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years of experience
23 years of experience
23 years of experience

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.
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14 Feb

Small Businesses That Use The Most Energy And Ways To Cut Down

by D-ENERGi
 
While it’s true that all small businesses should pay close attention to their energy consumption in order to keep on top of it and to ensure their energy costs do not exceed unmanageable highs, there are particular types of small businesses that use more energy than others. Which, we have highlighted in this blog and offered our expert advice for these specific businesses and industries. With our best tips on how to manage consumption with industry specific notes on cutting consumption.   Small restaurants and cafés   With such high intensity equipment, from industrial-sized ovens, to fridges, freezers, and food preparation tools, it is no surprise that restaurants and cafés are some of the highest energy consuming businesses. While chains and large restaurant businesses may have the cash flow to manage rising costs, smaller businesses such as family-owned restaurants and independent cafés may struggle.   And in recent years, examples of this have been seen throughout the country. With the industry taking a big hit due to the recent energy crisis. Walking through highstreets it is clear to see that many long-standing food businesses have taken a hit, either choosing to open only on weekends or closing indefinitely.   In order to save money in areas of the business, where possible, following these tips will help cut down energy consumption: Clean and service all cooking and prep equipment regularly to ensure it is operating to its full potential. Turn off the equipment when not in use. For example, your baking ovens. Once used to cook your fresh loaves and cakes in the early morning, switch them off and do not turn them back on again until the next day. Keep your thermostat at a constant temperature. Even turning this down by 1 degree could save you hundreds in energy bills. Ensure that any warm or hot equipment is kept away from cooling appliances like fridges. The warmth of the ovens and the heaters will only make the fridges work harder to stay cool.   Hair salons   Another industry that undoubtedly uses a lot of energy is the hair and beauty industry. With so many tools and a constant flow of customers through the door, the demand for electricity, especially, is high. And while long hours and busy periods means tools like hair dryers, straighteners, curling irons, are switched on and used frequently, some of the highest demand comes from the need for a constant supply of hot water. From washing hair to keeping towels fresh with on-site laundry facilities, all very important for making sure that not only is the service the best it can be, but industry standards are met. The following tips have the ability to help hair salon owners keep energy consumption down and cut costs:  Consider investing in low-flow nozzles for your salon’s sinks and taps to minimise the amount of hot water used on a daily basis.  Avoid using space heaters, where possible. Research indicates that the use of space heaters and similar equipment contributes to some of the highest amounts of energy used in the service industry. If you’re struggling to keep your premises warm during winter months without a space heater, consider what may be causing this and carry out an energy audit of your salon.  Consider switching to low-power settings when operating hair tools, especially tools like hair dryers.  Avoid overloading electrical power sockets and extension cables. Only plug in the tools you need at each given time.   Boutique hotels and B&Bs   With operations and staff on-site from day to night, hotels and B&Bs are another of the highest energy consuming businesses in the UK. Having to provide a high level of service, making sure hot water is constantly available to guests, lighting can be used in all rooms, hot food can be served, and laundry facilities can be operated by staff. There’s so much that goes into running these businesses that requires a huge amount of electricity.  One of the best, most cost-effective and simplest ways a hotel or B&B can cut their energy cost is to reduce the use of lighting and source natural light, where possible. This could simply mean removing old netted curtains or shades and allowing the sunlight to light communal areas and rooms that are not being used.  Set timers on HVAC units, and encourage guests to keep these at a regular temperature. Switch to energy efficient devices in guest rooms. Update old lighting with LED light bulbs.  Use motion sensor lighting in communal areas and bathrooms so guests can and staff do not leave lights on unnecessarily.   For more support and guidance to keep your small business’ energy costs down, consider contacting your business energy supplier and discuss your concerns. At D-ENERGi our friendly support team is always happy to help our business energy customers. Considering ways we can support your business, deciding upon payment plans or reviewing bills and usage. What’s more, if you would like greater control over your energy consumption, we are supporting small businesses with the smart meter roll out scheme, click here to find out more.  Contact D-ENERGi today for more information about your energy bills or to consider switching to us to lower your business energy bills.
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5 Feb

How to Save Money with Business Half Hourly Electricity Meters

by Pace Chan
 
The installation of new half hourly electricity meters for larger electricity users means business owners can save money on energy bills. A half hourly electricity meter, also known as an HH meter or 00 meter is a special kind of meter that is connected to the business electricity supplier via a phone line. This means the half hourly electricity meter can automatically send its meter readings every 30 minutes to the energy 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 energy usage also enable a potential supplier to see when your peak periods of use are and tailor their offering to meet your energy needs. It’s this extra level of detail which should lead to substantial savings and lowering your energy bills.   Half hourly electricity meters being used by larger businesses However, when we talk about half hourly electricity meters being used by larger businesses, 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 mandatory requirement. Indeed, these half hourly 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 businesses to have smart meters installed. While it’s easy to switch business electricity suppliers, the process for those who have half hourly suppliers is a little bit more complicated than switching a regular contract but there are experts in D-ENERGi available to help you do this.   The best half hourly electricity prices This complexity should not put you from searching the market but you can contact us, provide the information and we can tailormade the best half hourly electricity prices for you. We offer fixed price contract so that you know precisely how much you will pay every month and can budget the energy costs accordingly. We also offer a choice of billing options that suit the needs of your business and can pay at your convenience.   The Account Manager in D-ENERGi will arrange for quotes ensuring you pay the lowest wholesale cost with excellent customer service. We will provide any additional information that can save your business money on energy bills. We 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. 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. 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.
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30 Jan

How to Compare Business Electricity and Gas Tariffs

by Pace Chan
 
For large, small or micro-businesses, looking to reduce their energy costs then understanding how to compare business energy tariffs. Just as we find when looking at household energy suppliers, the tariffs available for a business can vary hugely. This means conducting more research and calling a potential business energy supplier to find their best offer on business electricity and gas. However, the one thing to remember is a business can only compare their business electricity and gas tariffs separately between business energy suppliers since they cannot get a dual fuel deal like they can for their home. It should be remembered though that there is a substantial savings to be made from switching business energy suppliers and depending on energy usage, some businesses could save hundreds of pounds and indeed several thousands of pounds. Compare business electricity and gas rates However, when a business wants to compare business electricity and gas rates with various rivals, it’s not that easy since the energy supplier will need to offer a bespoke deal. The process of finding low energy bills not only sees lower overheads but it should be done as a matter of routine. This has been underlined by a survey from the Competition and Markets Authority which reveals that 40% of small and medium-sized businesses have not switched their energy supplier in the last five years. More worryingly, 39% admit they have never switched business energy supplier. The survey highlights that many firms in the UK are probably overpaying for their energy and missing out on the huge savings to be made which is an exercise that should be done considering that energy prices are predicted to increase this year. The easiest way to compare business gas and electricity prices Perhaps the easiest way to compare business gas and electricity prices is to understand how the business’s energy bill and consumption is put together; this means understanding the breakdown of the energy unit rate and any standing charges as well. By doing so, the business will then make the process of comparing prices much easier though they should beware of a potential energy supplier offering an estimated annual cost since estimates can vary hugely. For a micro-business, that’s an employer who employs fewer than 10 people, they will know their energy prices because that’s the regulation for the suppliers to meet. Also, energy suppliers may automatically push their customers into a variable tariff contract after the business’s initial tariff comes to an end and have not signed a new contract. One reason for this is that the variable tariff contract is usually much more expensive than a new customer’s contract from the same energy supplier. Comparing business gas and electricity prices There’s no doubt that when it comes to comparing business gas and electricity prices there needs to be plenty of research done. The first step is to benchmark what the market is offering for the business’s energy usage. Again, the business should be wary about any quotes being offered since these will not be a precise offering and they will still need to call or email the energy supplier for an actual energy quote. Once the business has a good idea of what the market offering is and how much money they can save every year, then they should begin calling around other business energy suppliers. Comparing business energy rates Finally, when it comes to comparing business energy rates and the business finds an offer they like, they need to appreciate that once they sign a contract there is no cooling off period. This means they must ensure they are happy and understand the contract before committing to it because they will have to stay with the contract through until the time for renewal arises. The easiest way to compare business energy prices is to contact the experts D-ENERGi who provides the latest deals and tariffs. We will assign our dedicated Account Manager to provide tailormade business energy rates to small and large businesses in the UK, reduce your business energy prices. Switch and save with us, get a quick quote today. 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.
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