Watch for Electricity renewals of over 25% more right now this year. Plus look out for ‘out of contract’ rates which from experience can be anything up to 300% of a normal fixed term contract rate.
The continuous service element of energy allows for suppliers to cover their bad debt and risk factors by potentially constantly increasing your prices (30 day rolling term they can do this simply by writing to you).
Tynan has seen rates vary from 4.3p/Kwh through to 25p/kwh over the years. Here in Manchester we all used to pay 7.34p then 5.98p (so around 6.5p/kwh) pre-deregulation so initially fifteen years ago offering 4.3p/kwh was a no brain decision for everyone, it was 33% off. Pick a 36 month to make a balanced decision and avoid simple 12 month fixed term agreements.
Inaccurate Business Electricity Billing leads to estimated bills so incorrect payments thus affecting cash-flow.
By installing Smart Electricity Meters you can reduce your business Electricity bill and also it is possible to monitor the total carbon footprint. A Smart Business Electric Meter will save you time and will enable you to set targets to reduce usage
UK suppliers credit check and require deposits or monthly payment for their cheapest offers. Risk v’s reward all credit agencies, informed by energy companies if your bill is paid late thus changing your credit score.
Smart meters offer accurate billing to the last penny plus they also show when the energy is being used which means that operating them encourages energy conservation where-ever possible.
85% of Electricity meters are single rate, yet your usage may be 24hr. You could gain from two or three rate tariffs where weekend and evening rates are lower than day-all-time rate with smart billing.
For those organisations with higher energy requirements it is possible to offer flexible purchasing arranged through our larger broker partners. Experience on 800+ multi-sites and large users can contribute positively.
Tynan has procured energy for world-wide organisations with sites across Europe. Pan-European procurement with local UK head office is our focus. Suppliers like Gaz-Prom offer such power solutions.
Knowing business electricity rates instantly to be a good or bad offer means we can offer feedback to squeeze an even better offer to secure that day. We tell the truth, our recommendation is what we would do