NGP Flex’s Post

Fixed or Flex? With energy prices constantly fluctuating, choosing the right tariff could make or break your business’s energy budget. Fixed tariffs provide stability, locking in rates and shielding you from market spikes, while flexible tariffs offer the chance to capitalise on falling prices - but with the risk of increases. For businesses seeking predictability, fixed rates might offer peace of mind. But for those willing to adapt, flexible tariffs can bring long-term savings. Which is the best approach for your business: stability, or the potential for savings? Read our latest blog to help you decide 👇 🔗 https://lnkd.in/eevYytkY #Energy | #EnergySavings | #EnergyTariffs | #FixedTariffs | #FlexibleTariffs | #BusinessEnergy | #EnergyCosts | #SmartEnergy | #EnergyEfficiency | #Sustainability

Cheaper domestic energy tariffs with utility companies in the UK come into play on the 1st July 2024. This is obviously good news for all of us, but did you know you could shave even more off your new reduced tariffs. I am available to answer any questions anyone may have about domestic energy. It is a totally free and confidential service I provide. There is no obligation to sign up for anything. I am happy to just have a chat. Who knows I may well be able to help you. Here is an idea of what I could help with…. With the UK's cheapest variable tariff and super competitive fixed rate energy tariff, customers who bundle multiple services can save more on their energy when they switch to UW. Choosing a fixed vs variable tariff Whilst our new fixed rate energy tariff is a great option for those looking for peace of mind, taking out a variable tariff means that multiservice customers get a market-leading rate that’s up to £100 lower than the July price cap. This means customers can enjoy a worry-free summer knowing they’ve got a competitive rate. That’s not all, UW has been awarded, for the eighth year running, the Best value for Money and Best Customer Service at the USwitch Energy Awards 2024. PLUS, we secured the highest overall score for energy suppliers in Which?'s latest annual energy firm rankings. UW scored 75% overall - coming ahead of 17 other energy suppliers. Any questions on your domestic energy? Send me a direct message here or email me at ross.mitchell@uw.partners For detailed information: https://lnkd.in/eGjujVsN

Best practices to help you choose business energy tariffs

Nice illustration of the value of flexibility of electricity consumption. Interesting whether the values of flexibility of the significant power consumption for heating and EV's are encompassed in this scheme reflecting distribution of the time of consumption. Or whether reduced investments in infrastructure will also be an incentive for investments to obtain flexibility for EV's and heat pumps.

With energy prices constantly fluctuating, choosing the right tariff could make or break your business’s energy budget. Fixed tariffs provide stability, locking in rates and shielding you from market spikes, while flexible tariffs offer the chance to capitalise on falling prices - but with the risk of increases. For businesses seeking predictability, fixed rates might offer peace of mind. But for those willing to adapt, flexible tariffs can bring long-term savings. Which is the best approach for your business: stability, or the potential for savings? If you require help, feel free to contact me. Allow our latest blog to help you decide 👇 🔗 https://lnkd.in/eevYytkY

🌟 New Blog Alert! 🌟 We've just published a new blog post on the impact of the new demand power tariffs on Australian households. 📈💡 Discover how these changes might affect your electricity bills and learn about practical strategies to manage costs. From shifting energy use and upgrading to energy-efficient appliances to leveraging solar power and battery storage, we've got you covered! Don't miss out on valuable insights and tips to navigate these changes effectively. Read the full blog post here:https://bit.ly/4bXNlXn Let's work together towards a sustainable and cost-effective energy future! 🌿🔋 #EnergySavings #DemandTariffs #SolarPower #BatteryStorage #EnergyEfficiency #RenewableEnergy #SustainableLiving #GreenEnergy #ElectricityCosts #HouseholdTips #EnergyManagement #EcoFriendly #SolarSolutions #EnergyStorage #Sustainability #ElectricityBills #SolarEnergy #SmartEnergy #SpecializedSolar #EnergySolutions

Starting from October, we have entered the winter regime for grid tariffs in Denmark. The distribution grid operator aims to limit consumption between 5 and 9 PM, and since the introduction of this scheme, users have responded positively. Profits and costs of utilities are state-regulated, so by avoiding unnecessary grid reinforcements, society benefits. However, it is important to remember that the fee charged by the distribution operator is just one component. I have updated the info-graphic including all the other elements. Electricity (spot) price -) On average (so far) 6.7 c€/kWh, ranging from -6 to 53 c€/kWh Distribution grid (Cerius in Roskilde) -) 1.5 c€/kWh to 13.3 c€/kWh. -) Annual subscription of 98 €. Transmission grid and system balancing (Energinet) -) 1.0 and 0.7 c€/kWh. -) Annual subscription of 24 €. Energy fee and VAT (State) -) 10.2 c€/kWh (EV owners can get a refund if equipped with a dedicated service). -) VAT equal to 25% on top of everything And how about the energy retailer? -) no volumetric fee (0 c€/kWh), but an annual subscription of 24 €

Ofgem urged to review acquisition-only energy tariff ban. Consumer groups and energy firms advocate for Ofgem to reconsider lifting the ban on acquisition-only energy tariffs, citing concerns over fairness for existing customers and potential loyalty penalties. #energysector #energymarket #energycosts #energybills #energydemand #energyconsumption #energytariff #energycustomers

CRU has announced an increase in Distribution Use of System (DUoS) and Transmission Use of System (DTUoS) tariffs, effective from 1 October 2024. These changes could significantly impact your business’s energy costs, especially if you have high energy consumption. 🔍 What Does This Mean? DUoS and DTUoS charges are additional costs that businesses incur for accessing and using the electricity grid infrastructure. These charges help cover the costs of maintaining and upgrading the grid, ensuring a reliable electricity supply.  ☑️ DUoS: Applies to the use of local distribution networks.  ☑️ DTUoS: Covers the use of the high-voltage transmission network that transports electricity over long distances. Key Changes:  ☑️ Average Unit Price (AUP) for Transmission: Expected to rise by 30.4% for the 2024/2025 period, reaching 3.91 c/kWh.  ☑️ Overall Increase: The combined impact of DUoS and DTUoS tariffs is an approximate 15.6% increase compared to 2023/24. The changes in tariffs will vary based on your business’s energy consumption, the time of day you use energy, and whether you are connected to the distribution or transmission network. For a more detailed breakdown and to better understand how these adjustments might affect your business, please visit the link to our latest blog post. 🌱 How Can Digren Energy Help? At Digren Energy, we understand the challenges posed by rising energy costs. We offer efficient solutions designed to reduce your reliance on the grid and mitigate the impact of these increasing charges. Whether through renewable energy solutions, energy storage systems, or optimised energy management, we can help you minimise costs while enhancing your business’s sustainability. Contact us today to explore how we can help your business stay competitive and sustainable in the face of increasing energy costs. Read the full article here: https://lnkd.in/eg2bXAjT #EnergyEfficiency #CostReduction #DigrenEnergy #BusinessGrowth #Sustainability #DUoS #DTUoS #ElectricityCosts #RenewableEnergy #BusinessEnergy #ESBNetworks #CRU

EDF launches trials on cash-saving tariffs. The energy supplier has invited more than 2,000 customers to test new tariffs and energy solutions, aiming to reduce costs. #energybills #energyconsumption #energycosts #energycrisis #energycustomers #energyprices #energyretail #energysupplier #energytariff #energyusage