IGP work with all commercial sectors to assist with utility requirements.
We’ve condensed our energy services into a PDF, highlighting the most popular sectors we work alongside.
For more information, click on the PDF link below, which best encapsulates the sector you’re interested in.
Office and Surgery One Sheet PDF
Warehouse and Tradesman One Sheet PDF
For any further details or queries, feel free to contact us.
help@intelligentgas.co.uk
0808 1961 520
Following on from our blog post a few weeks ago regarding pass through rates, UK energy regulator Ofgem are carrying out a targeted charging review (TCR) on some of the non-energy costs found on your utility bill. These two costs, which assist in the maintenance of the UK’s electricity network, are the transmission charge (TNUoS) and the distribution charge (DUoS).
In a hope to create a fairer charging system, Ofgem are changing how businesses are charged these extra rates, therefore, similar sized energy users will pay similar TNUoS and DUoS fees. Currently these extra fees are split into two, residual, covering the cost of maintaining the electricity network and forward looking, the price of future expansion of the network. The current TCR will only affect the residual charge, which currently comprises 90% of the TNUoS fee and 50% of the DUoS.
Therefore, from April 2022, the residual charge will no longer be built into a business unit rate, rather the supplier will be charged a fixed amount. To combat this, some energy suppliers have stated that the new fixed charge will be implemented into the standing charge. Therefore, it will appear that the standing charge will be increasing, however, the overall unit rates will be decreasing.
This scheme is hoping that similar sized businesses will have the same fixed residual charge from April 2022.
If your business has started a contract before April 2022 but will proceed assed the month, the charge will come into effect and your utility bill will change, however, the way in which your supplier implements the new charge should be stated before the changeover.
Existing customers of Pozitive energy have been presented a special offer from sister company, Pozitive insurance, rebating five percent of the insurance premium straight back once signed up.
Pozitive Insurance provide a range of commercial insurance, to find out more information for each type of business follow the appropriate PDF link below.
If you are interested in Pozitive Insurance simply follow the link below, drag and drop your insurance schedule into the upload bar and fill in some basic information, including mentioning Intelligent Gas as your broker.
Click for Pozitive Insurance here
To learn more about Pozitive Insurance, follow the link below to explore their social media page.
If you’ve kept up with the energy sector at all these past few months, you will be aware of the crisis in the market price of gas, causing over twenty energy suppliers to cease trading or go into administration within 2021. The most recent of which was Bulb, an energy supplier who were responsible for over 1.7 million customers.
In the process of an energy supplier ceasing to trade, the UK’s energy regulator will appoint a supplier of last resort (SoLR), most of these suppliers are often larger energy suppliers with the ability to take on large amounts of clients. Any credit one will have had with their previous energy supplier will be transferred over and supply of electricity and gas will continue regardless of the changeover.
Often new customers will be set up on a temporary or short-term flexible contract which will see an increase in overall price of energy during this rise in the market. For domestic customer, the instated energy price cap will keep energy costs to a limit until April of 2022 when reviewed by Ofgem.
However, for businesses an energy price cap is not ensured and the rates a SoLR charge can be incredibly, doubling initial energy suppliers’ costs to combat the rising market gas prices. Furthermore, increased energy price contracts are inevitable for businesses in need to renew an energy contract with the same energy supplier.
Although all businesses finding themselves in a new energy contract within this quarter will be paying more on energy rates than previously, Intelligent will review your utility bill and utilising our services, find the ideal energy contract for your current business needs. In some cases, SoLR can be the best offer in the energy market, however we can find fixed rate contracts that will secure a consistent utility bill during this unstable time in flexible energy rates,
Get in contact today for a full review.
One of the main ways Intelligent can save your business money on utility contracts is by performing a full review of your bills and finding ways you can reduce your outgoings through fixed energy or pass-through rates.
An energy bill is formulated by two payments; an energy payment based on your gas and/ or electricity usage and additional variable pass-through rates set by third parties; these pass-through rates often make up between 40 to 60% of your entire energy bill.
Although your energy cost is a projection of your yearly energy usage for a supplier to buy wholesale at the beginning of the year, pass through rates are variable depending on your meter type, location, as well as type of business. These pass-through rates often rise in contrast to a fixed energy tariff, and contribute toward the infrastructure of energy, covering the transportation of energy, upkeep of National Grid and its ability to maintain the supply and demand of electricity balanced constantly. As well as climate change and low carbon initiative programs.
These pass-through rates are not produced or controlled by a supplier, rather they are subject to decisions by the Government, energy regulator Ofgem and any third parties involved; metre reading costs. The pass-through rates can fluctuate depending on Government legislation, for example COP26 pledges may raise the climate action rates.
Due to pass through rates not depending on energy usage, initial pricing can often neglect the full charges of a bill, leaving business owners surprised at the full energy outgoing. At Intelligent we make sure our partners utility bills are entirely transparent in order to find an ideal contract for our partners business energy usage.
Furthermore, VAT charges are included in pass through rates, which are automatically implemented to 20% on an energy bill, however, some kinds of businesses are VAT exempt and therefore can reduce the total outgoings on an energy bill.
For a full review of your business’ energy utility bills, get in contact today and we can find out where to save your business money.