Business
Energy Services

Put simply, energy procurement means obtaining the energy supply that your company needs to go about its daily business. The most common types of energy to be procured on a company’s behalf include gas, electricity and energy produced from renewable sources.

Energy procurement companies like Total BGS Energy aim to find and secure the most cost-effective energy solutions for your organisation. We will therefore analyse your energy usage and requirements before negotiating the best contracts with suppliers on your behalf. We can also help you to manage your energy consumption, to reduce your costs and minimise waste.

At Total BGS Energy, we go above and beyond with our energy procurement service, also offering add-on services like building energy infrastructure and opening new financial accounts on our clients’ behalf. Our advisers can also help you to improve your operational efficiency and reduce your environmental impact by choosing more sustainable energy sources.

Business energy contracts are a bit more complicated than at-home energy deals. Many factors can impact your company’s energy spending and there are plenty of other factors to consider before you can even get started.

If you are moving into a new property, you’ll need to ensure your premises are properly connected to the necessary infrastructure – be it water pipes and sewerage lines or the mains electricity grid – before you can even think about finding an energy provider. Total BGS Energy can help with this, sending our dedicated siteworks team out to your site to get everything up and running.

If your property is already connected, it’s a good idea to let your supplier know in advance and negotiate a new deal to avoid paying higher deemed-rate fees.

If you have moved from a previous property, it’s also important to ensure you cancel any contracts with previous providers, ensuring that you send photographic evidence of your latest meter readings on your move-out date. Some providers require advanced notice before they will terminate your contract, so it’s always best to give them as much warning as possible.

To manage your business energy contracts appropriately and effectively, it’s important to develop a reliable business energy strategy. If you don’t have your own energy management department, it’s best to contact a professional procurement company like Total BGS Energy to take care of this for you, as it will save you a lot of time, money and effort in the long run. This way, you will also benefit from more structured insight and advice.

The expert team at Total BGS Energy would be more than happy to talk you through the different types of business energy contracts available, explaining how all different types of rates operate. We are also able to advise you on any government schemes or incentives that you may be eligible to apply for to assist with the costs of your business energy bills.

Renewable energy procurement is just like all other kinds of energy procurement. It’s all about finding the best energy deals for your business.

However, with renewable energy procurement, the primary focus is on sustainability rather than cost savings. Whilst it is possible to combine the two, more emphasis will be placed on sourcing your energy from green energy providers who use renewable sources like wind and solar power to generate all or most of their power.

If your current business energy supplier has gone into administration, don’t panic. There are mechanisms in place to prevent your business from being disconnected. In fact, an energy regulator will usually step in to ensure that your energy supply is not interrupted.

Following this, you will be automatically transferred to a new energy supplier (often referred to as the SoLR or supplier of last resort), which will continue to supply your business energy. It’s a good idea to contact your new supplier as soon as you have their details to ensure that your account is set up properly, in order to prevent any minor disruptions.

If you owed money on your old account, you may need to pay your debt back to the new supplier, if they have arranged with the old supplier to take on this debt. If no such agreement exists, you may have to pay your old supplier through their administrator instead.

Of course, the supplier of last resort is not always the best alternative energy supplier with the most favourable rates. As such, we recommend speaking to advisers at Total BGS Energy to see if we can find you a better business energy deal. If you do decide to go down this route, however, it’s important to note that certain energy contracts also contain clauses that state what will happen if your supplier goes out of business. It’s always a good idea to go over these to ensure there aren’t any penalties for early termination. Total BGS Energy can help you with this and negotiate your way out of an unfavourable contract, should you wish to do so.

The major benefit of fixed business energy rates is that you won’t pay more for a set period of time if market prices go up during that period (usually 12 to 60 months). This proves particularly useful in times of economic hardship when gas and electricity prices tend to be high. Not only do fixed energy rates protect you from price hikes in such cases, but they also make it much easier to calculate your upcoming energy spend, as you know the exact price per unit that you will pay in advance.

The only downside of fixed energy prices over variable rates is that, in opposite cases where market prices are low, you may pay slightly more than you would with variable rates. It’s also important to get your fixed energy deals checked by a reputable adviser, like the experts at Total BGS Energy, to protect yourself from misrepresentation. Indeed, some energy suppliers will fix your rates at a tariff much higher than the current price cap, meaning you could end up paying more.