Tag Archives: best energy tariff for business

How Do I Reduce Carbon and Business Energy Costs?

Many UK businesses are wasting 20p in every £1 they spend on energy. Rising energy prices and growing concerns about our carbon footprint means it makes sense that all companies are thinking of ways to effectively cut their business energy bills. Follow these seven simple steps to help you save thousands on your business energy bills…

How to cut your business’s carbon emissions, save energy and money:

1. Fit energy saving light bulbs – LEDs can save 90% of lighting energy costs.

2. Replace your old refrigerator/ freezer if it is over 15 years old, with a new one with an energy efficiency rating of A++.

3. Get an energy audit – Many utility companies offer free business energy audits to their commercial customers. It’s a great way to figure out where your money is going every month.

4. Take advantage of natural sunlight – Maximum daylight and use artificial lights in dark areas only.

5. Control your heating and cooling – By keeping your office temperature one degree down during winter and one degree up during summer can reduce the power it uses by up to 10%.

6. Take advantage of tax breaks for energy efficiency – Local government may provide tax incentives when you use energy saving appliances that help to reduce your energy usage.

7. Switch your energy supplier – Ensure you’re on the right tariff for your business energy usage. Get a better deal now.

By using these steps above, you’ll be promoting a healthy workplace environment. Applying more efficient technologies will enhance savings and choosing the right business energy plan for your needs will potentially guarantee these gains are maintained for years to come.

Fidelity Energy - Check your business energy bills

The RPA

Fidelity Energy partners with the Rugby Players’ Association

We recently became the official energy partner of the Rugby Players Association. Putting us in contact with a wide network of professional rugby clubs, sports trusts and sports facilities.

Our services focus on helping clients get the best value from their energy contracts, reduce energy consumption and minimise their carbon footprint. The RPA saw this as a major advantage and value-add to their members.

With our new partnership with the RPA now in full swing we are now able to offer our services on to RPA members, partners and the wider rugby community. Part and parcel of this relationship is a donation to the Restart Rugby charity. Each RPA member or partner who signs up for energy procurement with Fidelity Energy, we will donate £150.00 directly to the Restart Rugby charity.

Our aim is always to add value and support our partners and clients in every way possible.

Part of our ongoing ethos is to always, as much as possible, offer greener, cleaner energy solutions. With one of the largest networks of green energy procurement in the UK we are able to offer highly competitive energy solutions all sourced from green energy production. Fidelity Energy believes in Green Energy initiatives and works with a wide range of suppliers to offer the best deals in the market.

John Haw MD, from Fidelity Energy said: “We are very proud to have partnered with the RPA and look forward to working closely with its members and commercial partners. With autumn looming and the rugby season in full swing, now is a great time to think about energy usage and how as an RPA member you can take advantage of our energy management service. Typically we are saving our customers 21% on their gas bills and 16% on the electricity, that’s money that can be reinvested in your business or rugby club.”

Tom McDowell – RPA Head of Communications

Interested in our green energy services? Click here to get a quote for your club today.



Questions to Structure a Major Bid

Questions to Structure a Major Bid:

When engaging in a bid of any kind it’s essential that the customer understands and feels the need for some of the USPs that we offer.  Through good questioning a customer’s problems and needs can be established, which can then be matched to our key USPs.  The key USPs included in this blog post are only of value if the customer perceives them to be of value, therefore we ask questions to uncover the needs that then fit these USPs. 

  • Large breadth of suppliers means we can compare all the suppliers (25% spread of pricing)
  • Proactive contract management (avoid falling out of contract rates)
  • Account Management / Easy of Contact (no waiting time, we will handle all MACs and new installs / Change of Tenancies / Office moves)
  • Bill Validation (20% of bills have been found to be wrong)
  • Supplier rationalisation of complex estate (reduce the number of suppliers)
  • Coterminous contracts (ensure all contract finish on the same date)
  • Free Smart Meters (Install smart meters, avoid people having to read their own bills, helps reduce usage)
  • Manage the entire switch process (set up billing, monitor objections)
  • Proactively manage termination process (avoid being rolled over)
  • Monitor the market and pick the best market timing
  • Forward buying / hedge pricing up to 5 years out (avoid market fluctuations)
  • Access to Green Tariffs
  • Supplier Consultancy (compare suppliers service, billing and responsiveness)

Before we start with need payoff questions, we need to establish some basic facts:

  • How did you sign your current contract, direct with supplier or with another broker?
  • Which broker did you use?
  • Are you still working with them?
  • How long have you worked with them?
  • When did you last meet your current broker?
  • What length of contract did you sign in for? (helps us understand their buying behaviour)
  • Are you looking to secure a new deal shortly or comparing the market at this stage?
  • If so what date are you looking to decide?
  • Who has the authority to sign the new contract?
  • Have you any other businesses or sites?
  • When is your current contract end date/s?
  • By what date do you need to serve notice?

These basic facts should help us structure the next set of questions, which if handled correctly should lead to a creation of customer needs.

Questions to find Customer problems:

  • What importance is price compared to service? (We can guide them on the best balance)
  • When did you last have your bills validated? – Around 20% of energy bills are wrong!
  • How many suppliers do you have?
  • What problems does that cause? (Think supplier rationalisation)
  • How often do you have to read your own meters? Is this a problem for you? (Think – Smart Meter Value Add)
  • Have you ever had a large catch up bill?
  • How did this impact your business?
  • Have you ever fallen on to out of contract or deemed rates?
  • Have you ever had cause to question your energy bill?
  • When did you last switch supplier?
  • How did you find the process?
  • How do you ideally want your billing structured? Centralise or direct to sites, Monthly or quarterly?
  • What requirements do you have for new meters installs, office moves / purchase or close new buildings?
  • Do you plan on moving premises in the next 18 months?
  • Who manages this all in your business?
  • What % of their time does it take up?
  • How many suppliers do you have?  – would you prefer one supplier, or the cheapest possible option for every supplier?
  • Would it be of benefit if you had a single common contract end date? (better bulk discount / simplicity)
  • Would it be of benefit to have longer term budget certainty?
  • What impact would a 30% rise in energy costs have on your business?
  • What is your understanding of how forward procurement can protect your business?
  • What consideration do you give to the environment when selecting your energy supplier? (Green Energy)
  • What % more would you pay for fully green energy (Zero Carbon Energy)

Once the answers to these questions are captured, then we can build the proposal to include the features that then address the needs created above.

 

Powering past the £50m Milestone!

We are pleased to announce that as of last week we have secured over £50m worth of energy supplies since our launch 3 years ago.

By changing the way businesses procure their electricity and gas we have been able to empower our partners to service their client needs through our simple and effective portal.

MD John Haw said:

This is a significant achievement for the business and testament to the work the team and our partners have put in.  The portal, a set of exclusive renewable energy offers and marketing support are giving our partners an edge in the market. Couple that with their strong customer relationships and it’s a winning formula.

Our recipe for success lies in our proven expertise and leading edge technology which allows us to:

  • Buy at the right time by constantly monitoring the market. We can forward buy our clients’ energy at the low points in a constantly fluctuating market.
  • Typically save a client between 10 and 20%, and in some cases up to 50% off their current bill.
  • Understand a business and tailor our solution to lower usage. Our team of dedicated account managers will work with clients to agree a smart meter roll out. Smart meters can drastically help cut energy bills.
  • Multiple suppliers. We contract with 17 major energy companies who all bring different skills and pricing. Prices can vary by 28% between the highest and the lowest quote for each client
  • Supplier Vetting: We also heavily vet suppliers we add to the portfolio. We don’t let suppliers with poor service or billing standards into the supply chain.

To find out more contact us today.

108 Medical Chambers

108 Medical Chambers is a highly respected, well-established, multi-discipline Harley Street medical clinic.

With numerous departments, machinery, computers and medical equipment in near-constant use their energy bills were understandably high. As with any busy medical practice, they were keen to avoid disrupting their day-to-day business when the subject of changing suppliers was raised.

We began by conducting a review of their existing bills, looking at where and when their expenditure was highest. This allows us to understand the way they used energy, when it was used most and what the makeup of those energy bills truly was.

The combined skills of our team soon gave us a complete picture of the client’s energy needs. Using this information, we were able to go into the market, tapping into our diverse range of suppliers, in search of a better option.

Our professional team were able to negotiate with our suppliers on behalf of our client. Using our large-scale buying power we were able to negotiate a significantly better deal for the Chambers.

After which, we then handled the switch over, talking directly to their existing suppliers and organising the entire process for them. This meant that they were able to get on with the business of running their business, whist we took care of their energy bills.

Having completed the switch, their new bills immediately displayed the significant cost reduction that had been achieved. The difference to their bottom line was noticeable enough for them to praise our work and thank us for the service we provided.

They said:

Hamish Millar

Managing Director, 108 Medical Chambers

I was very grateful for the introduction to Fidelity Energy. I found the company very personable, professional and efficient. Fidelity Energy helped us achieve considerable savings in our energy costs. I would have no hesitation in recommending this organisation.

Horley Cricket Club

Horley Cricket Club first engaged Fidelity Energy with the request that we find a way to save them money on their energy bills. Having a long tradition of working with sports clubs, we were only too happy to help.

As with every client with whom we work, we began by looking at the club’s current energy bills. These told us their average spend on energy and helped us understand the makeup of their energy usage. By assessing the club’s general energy use, we can understand what times of year their energy costs are the highest and understand what factors may effect those times.

After which, it was then a matter of going out to our wide network of suppliers and looking for a better solution.

Our diverse and experienced team can call on a wide range of knowledge and industry expertise to ensure that the best deal can be found.

Furthermore, our team take on the responsibility of migrating the energy contracts to the new providers. Dealing directly with the energy companies, many of whom will fight tooth and nail to hold onto clients. All of which allows us to take the burden of transferring suppliers off of our client as well as saving them money.

The club were extremely happy to see a significant saving made on their energy bills, resulting in a long term reduction in overheads. Fidelity Energy works with sports clubs, locations and establishments of all kinds to provide cheaper energy solutions.

The club said:

Judith Beck

Club Treasurer, Horley Cricket Club

Horley Cricket Club (Oxfordshire) used Fidelity Energy Limited recently to investigate the Club’s energy costs. In all dealings with them, the Club found them courteous and always professional. They have saved the Club money on its energy bills and Horley Cricket Club would have no hesitation in recommending them.

Walsall Football Club

Fidelity Energy, continuing our strong tradition of working with sporting establishments, recently helped Walsall FC make substantial energy savings.

Before our involvement, the club’s average yearly spend on energy was extremely high and represented a significant dent in the club’s bottom line. By working closely with the club’s officials and board members we were able to understand their needs and requirements. We were able to get a complete picture of their energy usage.

From there, using our expertise in energy procurement, we began formulating a solution that would fit around their needs, provide them with the same level of service and yet, save them money.

Our expert team, using their knowledge and understanding of both the energy sector and the client, worked on a way to put together a new energy package. This included negotiating with the club’s existing energy providers and managing the switch to the newer, cheaper providers. Walking the client though the process each step of the way, we ensured that we took the stress of changing energy contracts away from them.

The Fidelity team, all very experienced in migrating energy contracts, handled everything. From start to finish, we took the lead and made sure that we delivered what our client truly needed – better value for money from their energy providers.

The club were extremely satisfied with the outcome, having made a significant saving and locking in their energy prices for the next five years. Our long-end procurement is a sure-fire way to maintain energy costs at manageable levels for a significant period.

The club said:

Stefan Gamble

Chief Executive Officer of Walsall Football Club Ltd

Walsall Football club found working with Fidelity Energy extremely easy and straightforward and helped us save a substantial amount on our energy costs. The advice and proactivity has been outstanding and they have been a pleasure to do business with.