Business electricity can be a very complicated field without the right knowledge and expertise. We understand that your time is best spent running your business, so we recommend that we look after securing you the best deal for your electricity supply.
There are currently more than 100 commercial electricity tariffs, with meter profiles ranging from 03 and 04 SME meters, to 05, 06, 07 and 08 maximum demand meters, all the way up to half hourly read meters. With each meter priced differently and coming with its own area of expertise, we have dedicated staff with many years’ industry experience, able to specialise in each and every meter type.
As well as being able to provide competitive prices, we will also ensure that you have the most effective meter installed for the way your business uses its commercial electricity. The table below illustrates the price of wholesale non-domestic electricity prices from the beginning of 2009 until the end of 2015.
What makes up my business electricity price?
Business electricity prices consist of two key elements; wholesale energy costs and non-energy costs. Typically, only 65%-70% of the p/kWh tariff is the actual cost of electricity. Non-energy costs include transmission (TNUoS), distribution (DUos), renewable obligation (RO) and feed in tariff (FiT).
With these third party charges not published individually on most electricity bills, it is almost impossible to compare electricity prices like for like across varying tariffs. Our team of experts can explain in a clear and relatable way how each of these charges affect you, and help you to find the most competitive price for your individual needs.
Commercial gas can be a huge drain on any company’s cash flow. When running a business, cost cutting is always key, but sometimes saving time is just as important. Our supplier relationships allow us to source competitive price options from the whole market, resulting in the best possible prices for you, and saving the running round you would normally have to do.
What makes up my business gas price?
Business gas prices consist of two elements, wholesale energy costs, and non-energy costs. However, business gas non-energy costs are not as complicated as with electricity prices and are made up of two elements, transportation and metering.
Transportation is the costs to deliver gas through the gas pipelines to the gas meter itself. The price of transportation varies depending on where your business is situated in the country.
Metering is a charge based on the size of the physical meter, which is determined by the ‘max hourly load’. This simply means the volume of gas that the meter can physically sustain and distribute to the relevant business. The higher the maximum load, the higher the metering charges.
Dual Fuel Tariffs
The term dual fuel simply refers to when you have the same supplier for electricity and gas. In general terms, dual fuel tariffs belong in the domestic electricity and gas market. Domestic suppliers will offer a specific discount on your bill should you choose them for both electricity and gas supplies.
Can my business benefit from a dual fuel tariff?
Strictly speaking, there is no such thing as a dual fuel business energy tariff. Some suppliers may seem to offer a beneficial deal for your business to be supplied by them for both electricity and gas, but this is not the same as a domestic dual fuel discount.
Resolve Energy’s primary concern is to help you to find the most beneficial energy deal for your business, whether this is through the same supplier or not. Our team of experts will present all of the options to you, allowing you to make an informed decision on the best suited tariff and supplier for each of your individual business needs.