Npower Business Electricity Rates Review
The energy supplier Npower supplies all power products for business use including electricity and gas or dual fuel. Here’s our review of their rates and tariffs for businesses in the UK.
Npower is owned and managed by RWE a German company and supplies electricity and gas to over 350,000 businesses in the UK (when compared to British Gas’s 950,000) and includes many household names including Marks and Spencers, Ikea and British Telecoms. They have over 1,300 staff in the business section and the main head quarters is based in the West Midlands.
Npower is committed for businesses to meet the new government legislationrequirement to reduce the UK’s carbon emissions where they will help you undertake their with the expertise and if required will install their comprehensive smart metres to collect and manage data and other options such as their encompass monitoring system.
Npower business energy products
Apart from the standard electricity and gas supplies Npower have a vast array of services that will help you reduce your energy consumption to be more efficient but also reduce your carbon emissions at the same time. From a recent survey they undertook however they found that 97% of businesses were more interested in reducing costs at present rather than concentrating on the environment. However with legislation due to take effect in 2010 almost 20,000 businesses in the UK have no choice especially if they are on half hourly metering.
The carbon trust estimates that most businesses can save 10% of their annual energy costs with simple changes and many up to 20% in savings. And the Npower enlightened energy efficiency program titled e3 is designed to help businesses undertake this. They also have renewable fuel programs also.
Companies are on half hour metres if their peak load is above 100khw and this information is fed back directly to the energy company.
A run down of the products:
- e3 – designed to reduce your annual electricity and gas bills and carbon emissions by 10-20% and includes a free energy monitoring package
- electricity or gas or both supplied
- able to fix prices if required for up to 12 months
- fixed term contracts offered including non-half hourly and half hourly customers; and gas – daily metered and non-daily metered customers
- flexible pricing contracts available under their branding of Mid Flex Power Purchasing, Enhanced Mid Flex Flexible Power Purchasing, Full Flexible Power Purchasing and Full Flexible Gas Purchasing.
- generation services available for those businesses that want to generate power themselves
- UK based call centre
- Pay by direct debit and save a further 2%
How to get connected with Npower
As you can imagine changing business suppliers is a little more complicated that with domestic energy and there is a process that Npower follows to get this undertaken. The whole process can take as little as 2 weeks whereby you would complete a proposal online which Npower would verify and prepare an offer to supply your business. You would need to have this accepted and then Npower would provider metering services which would then be connected.
You can easily apply online or call their call centre to get everything moving along. Npower business electricity rates are a competitive product and with them supplying many hundreds of thousands of businesses in the UK are worth getting a quote from and using their range of monitoring services to reduce your annual energy bills.
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