A very important point!
When the suppliers are trying to get your business they will haggle over the unit cost, this is important but the difference is minimal. It is crucial to investigate your complete bill.
We will undertake an effort to reduce the utility expense in the future. This future reduction involves an in depth look at reducing utility demand, tariff, usage and distribution charges.
There are different tariffs available to electricity customers depending on a number of factors such as:
When the suppliers are trying to get your business they will haggle over the unit cost, this is of course important but the difference in unit costs between all the suppliers are minimal. It is crucial to look at your complete bill.
In a lot of cases the Maximum Import Capacity (MIC) is not suitable for the premises, it is up to you to decide on the correct capacity. It is not in the best interest of the suppliers for you to have this correct. They are in a no lose situation, if MIC is to high you are paying to much for the capacity, each kVA cost approx €30 per year (DG6 bill). For example, if your capacity is 300kVA and the max ever used was 200 kVA, you will be giving away €3000 each year. If it is too low and you exceed the import kVA, heavy penalties occur in the form of ‘Excess Capacity Surcharge’.
Many businesses are on the incorrect tariff when these issues are taken into account it is realised companys are paying unnecessarily high bills. Our company assesses all aspects of the businesses electricity account in order to determine which is the most cost effective tariff.
Controlling costs is essential if business competitiveness is to be improved. Energy costs are not fixed overheads, rather controllable production costs that can be reduced by having an energy audit carried out. Most businesses know they are not optimally managing their energy costs, but they are unsure what they can do about it.
Energen is an energy consultancy company, focusing on the provision of energy management and auditing, with a particular emphasis on reducing electricity costs. Using our skills and knowledge of the Irish energy market, we can optimise the use of energy in your business, producing energy cost savings and improved energy efficiency.
Compelled by significant energy price increases in the last 3 years, different tariff structures and the complexities of new technologies along with the emergence of multiple suppliers in today’s energy market, Irish
businesses have turned to Energen to examine their energy costs more closely and to advise them on how they can reduce their costs to ensure they are paying the lowest fees possible.
Faced with confusing tariffs, a wide range of different energy suppliers and piles of invoices that just don’t match with your budget? It’s easy to feel that your company’s energy spend is running out of control and that you don’t have the time or, more crucially, the correct market data to make a decision.
That’s where our support is unique. It’s our business to know the inside line on markets, trends and technologies – identifying opportunities to improve performance above and beyond your expectations. We simply
help you to make better informed decisions
Electricity bill details that have to be examined to identify savings
1. MPRN:
Metering Point Reference Number this is a unique number used to identify your meter network connection.
2. DG MC Profile:
Used to identify user configuration and usage profile. The band which you fit into can dictate what rates you will buy your electricity at.
3. Billing Period:
The period for when your electricity consumption is billed.
4. Standing Charge:
The standing charge that appears on customers’ bills for electricity goes toward the maintenance of the countries electricity infrastructure i.e. HV lines, transformers, electricity pylons. This charge is a fixed daily rate and is site dependant.
5. Day Rate:
This charge is applied between the hours of 08.00 to 23.00, this rate is agreed upon during negotiations with your utility provider.
6. Night Rate:
This charge is applied between the hours of 23.00 – 08.00. This rate is ALSO agreed upon during negotiations with your utility provider.
7. Service Capacity Charge:
Maximum Import Capacity (MIC) is the level of electrical capacity contracted between your business and ESB Networks. The service capacity charge on your bill is based on your contracted MIC level. The unit of measurement for MIC is the kilovolt ampere (kVA).
8. PSO Levy:
The Public Service Obligation (PSO) Levy is a charge relating to the costs of purchasing peat generated electricity and the output of renewable, sustainable or alternative forms of energy purchased under various Government schemes. All electricity suppliers are obliged by government to apply these charges in the interests of security of supply and environmental protection.
9. Duos Charge:
A DUoS charge is a fee that ESB Networks charges your Electricity Supplier for use of the Electricity Distribution System. This is a toll for the use of the ESB Networks Distribution network.
10. TUos Charge:
Maximum Import Capacity (MIC) is the level of electrical capacity contracted between your business and ESB Networks. The service capacity charge on your bill is based on your contracted MIC level. The unit of measurement for MIC is the kilovolt ampere (kVA).
11. LPFS:
The low power factor surcharge applies when the metered wattless power is more than one third of the metered kWh (in any two monthly billing period). The charge is applicable to the kVARh in excess of one third of the kWh.
