Energia Ireland Electricity for Business Review
Energia supplies over 50,000 businesses in Northern Ireland with energy supplies including gas, electricity and renewable power. We review their business operations and available services.
Energia was founded in 1999 and is Ireland’s largest independent energy supplier. They are the retail division of Viridian Group and it’s estimated that it has saved businesses around €170 million in the 10 years of operation.
They have a combined turnover of €1.2 billion and employ 190 staff.
The Energia group maintains that they can save business users around 10% over the incumbent ESB and they’ll handle all the switching and transfers for you. Switching is easy by getting an online quotation or by telephoning their advisers.
Energia currently supplies over 50,000 business customers, which represents around 25% of the electric business marketplace and around 20% for business gas supplies. They have also invested an estimated €500 million in electricity supplies which equates to generating over 220MW via its wind farms throughout the country.
Energia Ireland has signed some major customers, including Marks and Spencer who have a three year contract to have supplied 100% green renewable energy for all of its stores, offices and distribution centres in the Republic of Ireland.
Saving Energy and Costs with Energia
The company is committed to renewable energy supplies and will also help businesses cut their energy and power usage and thus their annual bills. You can opt to have an energy audit that shows how they can cut consumption by profiling your business using internal measurements and energy questionnaires with the management of your company.
The customer energy audit does cost €350 but for larger businesses this may be included as part of a contract. It’s best to contact the organisation to see what they can do for your business first.
Switching to Energia
Switching your supply is relatively easy, although may take some time due to the current set up in the market. ESB is always scheduled to read your meters through legislation and if you switch to Energia this will still continue to take place. However, the meter readings will be sent directly to your new supplier so they can bill you under your new contract tariff with your new prices and rates. Meter readings are generally taken every two months and these will appear on your bill.
When you’re ready to switch you’ll need to inform ESB that you’d like to undertake this and they’ll take a final meter reading up to 8 weeks from the time you tell them of your intention to move. You’ll receive a final bill from ESB and then you’ll be moved over to Energia. No matter who you are, what business you’re in, or supplier you have, you’re also required to pay the Public Service Obligation levy (PSO levy).
With Energia you’ll also be able to manage your account online and view your bills via their online account manger which is a completely free service.
You can also post your own meter readings in your account portal. You’ll then be assured that any invoicing you receive will be accurate and not estimated meaning you’ll always pay the right amount for your electricity and gas supplies.