As the UK energy market grows more complex, the independent advice that a business receives from a consultancy helps energy buyers find the best energy contract for their commercial portfolio. With 80% of UK businesses using energy consultancies, it demonstrates the importance of having an in-depth knowledge of the markets.
Due to the very nature of the energy markets, prices can change on a minute by minute basis so using a consultancy to remove any emotion from the decision making and using an expert with knowledge of the markets can allow a business to make a decision based purely on price and service.
Once we have undertaken a free energy review and understood our clients requirements, we work together on a purchasing strategy. We then provide market analysis and execute the strategy based on our clients attitude to risk and need for budget certainty.
Half Hourly Electricity
A half hourly meter usually indicates that your business consumes a large amount of electricity. If you have a half hourly meter, you will always be billed on actual reads as unlike smaller meters, the meter reading is automatically sent to the meter operator every half an hour. The easiest way to see if you have a half hourly meter or not is to look at your electricity bill and see if the supply number starts with a 00.
The other things to look out for are if you pay for KVA and if you have a separate contract with a meter operator and data collector who manage the readings and the maintenance of the meter.
Bespoke Utilities manage many complex multi-site/multi-metered portfolios. Some of our clients have up to 12,000 meters in their portfolio and these portfolios need a lot of expertise and time and attention to manage. Sometimes the meters can be with different suppliers and have different end dates as well as being a mixture of half hourly and non-half hourly.
Business’ with a portfolio that is complex and fluid can benefit from the expertise of Bespoke Utilities as we can arrange a number of short term contracts with a suitable supplier to reduce paperwork and increase purchasing power.
Learn more about the industries we specialise in and how we can help you.