Understanding Your Company Energy Bills
Sometimes, it may feel like your business energy bills are written in a foreign language. When you first look your statement all you can see is a mass of numbers.
We understand that all you care about is the bottom line and would like cheaper energy bills. At Utility Renewals we can help you achieve that goal.
The essential information you should find from your energy bill is your electricity MPAN (Meter Point Ref Number) and/or your gas MPR (Meter Point Reference). Also, your annual usage for electricity or gas helps business utility brokers like us save you money by estimating your future usage so we can create a quote or recommend the best business energy supplier for how much energy you use.
In terms of pricing, the first thing to look for on your bill is the unit price. This is the pence per kilowatt hour (p/kwh) that your supplier is charging you.
Your business may well be on the wrong energy tariff and that unit price will be too high.
At Utility Renewals we have helped numerous businesses to switch to a cheaper tariff by arranging cheaper rates with their existing supplier or by arranging for them to switch supplier.
Climate Change Levy
You may also see charges on your bill for Climate Change Levy. This is an environmental tax introduced by the government in 2001. Its aim is to improve energy efficiency and our experts can help your business to become more energy efficient as a way of maximising the cheaper prices we can secure.
This may seem an innocent part of a bill, but for large multi-site organisations the way they are viewed by a supplier can mean that they are overpaying for their energy. A retail chain, for example, may have different sites fed from one supply (i.e. individual shops) or conversely numerous energy supplies feeding one site (i.e. warehouses and logistics).
Often, an energy company’s automatic billing systems have difficulty dealing with these companies and they end up being overcharged. By checking the bills of nationwide retail chain Domino’s pizza and realising they had overpaid we were able to get their money back.
Don’t be overawed by your energy bills, contact Utility Renewals today on 01282 695565.