Business Energy Suppliers

supplier for your business energy bills

Unlike personal energy tariffs, you cannot simply switch over to another supplier for your business energy bills. Either you have to call a company supplier directly – although the number of them available in the UK is relatively low when compared to other commercial suppliers – or you could use a specialist broker to do so for you. Using a broker would not only make life easier for you, it may also save you money and time.

When you sign up for new contracts with business energy suppliers, one of the things they will ask you to do is to agree to an initial supply of gas and electricity. In most cases, this is done at a particular date, usually around the beginning of the billing year. However, there are instances where these supplies are extended out for the entire year. It therefore pays to check in advance how many months your contracts will last.

captive energy suppliers

In addition to gas and electricity, you may also be asked to sign up for a variety of other “captive” energy accounts as well, such as heating and cooling, for example. These are generally not standard offerings from any given energy supplier but rather are provided by a sub-contractor who works for the main supplier. For this reason, it pays to shop around for the best price before agreeing to these contracts. As you’ll know, the prices charged by captive energy suppliers are typically higher than those charged by standard suppliers, especially in comparison to residential contracts.

Once your utility contracts have started running, it’s also usual that you’ll get a supply of gas and electricity delivered directly to your property. Again, in most cases this comes as part of a green energy package and will generally be offered at a fixed price per kVA. In some cases you may be able to get a further reduction in your monthly costs by opting to have your gas and electricity sent via DSH (direct supply schedule). If you’re concerned about green issues, it is worth noting that this type of service has been subject to significant criticism over the past few years. In addition to the controversy surrounding its use in the home, there is the question of whether or not this type of service actually reduces the carbon footprint of users. While DSH is available in many parts of Australia, experts have pointed out that the level of carbon storage needed to compensate for the increased cost of DSH can be mitigated through alternative measures.

install a smart meter

With your utility contracts in place, your next step will be to install a smart meter at your premises. This is often referred to as a second meter, and is simply a device which records the energy usage during the day, and then calculates the amount of energy used over the whole day. It can also measure the amount of energy used on an hourly basis. Your smart meter should offer all of the information required by your energy supplier, and you should be able to make changes to your tariff at any time.

The installation of smart meters allows energy companies to obtain accurate and up-to-date data about the amount of energy a business uses. This data is always sent to the energy company involved, and you are usually billed monthly. With the increasing levels of demand for energy, and the pressures being placed upon energy suppliers, customers may find themselves paying more than they need to for their energy usage. Installing smart meters is a simple step, and one that could save your company a considerable amount of money over the course of the next year. As the energy market grows, energy companies will become increasingly competitive, and your chance of securing better deals will increase dramatically.

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