Our resource centre is where you’ll find our latest published articles and a wealth of information to help you make informed decisions about your energy needs.
We think businesses should expect more from third party energy brokers, so we’ve created our resources page with free downloads to help support you in your journey towards smarter business energy.
Power Direct in the news
How to save money on your energy bills
Rising energy costs have led to a greater drive for energy efficiency to reduce overheads. For care homes, in particular, energy can account for a large proportion of overheads, which means that finding ways to reduce energy expenditure can quickly deliver significant savings. Introduce a five-step programme of energy efficiency changes as outlined in our article in The Carer – October 2018.
Three reasons to engage with an energy broker
Regularly comparing energy tariffs and deals can ensure you’re making the most of your energy spend by getting the best rates, but it’s time consuming, and when you are busy with the business of caring it might seem easier to leave it until your only option is your current supplier. There are many reasons to engage with an energy broker to help you get the best package, our article in the The Carer – January 2019 covers three that we often hear from customers.
When is a fixed contract not a fixed contract?
Many people who sign a business energy contract take what they believe to be a fixed price, fixed term contract. But are these contracts really as fixed as the name suggests? Our article in the Business Post discusses the impact of Ofgem’s Targeted Charging Review on fixed price energy contracts.
Brochures and handouts
Guide to Energy Buying Strategies
We recognise that all businesses have a different view of risk when it comes to procuring their energy. For larger businesses, the product choice can seem endless, which means that the presentation of the future costs of your energy can be difficult to compare. Our guide outlines each of the five broad buying options and briefly describes how they work. Within each category there are options that are more or less refined.
Guide to Reducing Third Party Energy Costs
Since your third-party costs account for more than half of the amount of your overall energy bill, finding ways to reduce your non-energy costs can deliver significant savings.
Third Party Intermediaries
Although Third Party Intermdiaries (TPIs) are not regulated, Ofgem has set out some voluntary principles by which we comply. This handout outlines our role as a TPI and our guiding principles.
10 questions to ask your energy broker
Energy costs can account for a substantial proportion of overheads, which means finding ways to reduce expenditure is critical. An energy broker can help you to understand your expenditure and advise you on the best energy supply contract options, usually generating more competitive prices. And you can also access services to ensure you are paying the correct amounts throughout your contract, and get advice on contractual obligations and legislation which could impact your business.
But, the market is a crowded place and not all energy brokers work in the same way, or offer the same services. So how do you know which is the right one for you?
Our guide will help you understand the questions to ask, in order to select the right broker.
What is in your energy bill?
The wholesale cost of gas and electricity makes up less than half of the amount of your overall energy bill. See how your energy bill is comprised in our new infographic.
A day in the life of an Energy Consultant
We want our customers to be delighted with our services, so every customer is provided with a dedicated Account Manager, who is an experienced Energy Consultant. Our Account Managers spend their days working to achieve the best outcome for customers.
Amba Care Homes Group
Amba Care Homes Group owns and operates four residential care homes in the South East of England. We have worked with the group for more than five years and resolved more than 50 issues, resulting in a considerable amount of time that we’ve saved the care home staff for investing into running their homes and caring for residents.
Procurri Europe is a large global independent provider of IT lifecycle services and data centre equipment. As part of our bill validation service, Power Direct Ltd identified that Procurri Europe was paying much higher charges than it should because of the kVA capacity that was set for the business. Resolving the issue with the supplier resulted in a refund of £4,000.
Orchard Views Care Home
Orchard Views Care Home is a purpose-built care home providing quality care for up to 40 residents. Orchard Views Care Home had been charged a day rate on the evening and weekend usage, instead of the lower evening and weekend rate. Correcting the transposed reads resulted in a refund of £5,250.
Greenhill Care Homes Limited
Greenhill Care Homes Limited provides 24-hour nursing care to residents at its Ilsham Valley Nursing Home site in Torquay. Changes in legislation introduced penalties for businesses exceeding their available capacity from April 2018. During a capacity review ahead of the new legislation, we identified that Ilsham Valley Nursing Home’s available capacity was set too high. We determined that the site could have a reduction, which resulted in a saving of more than 50% on the customer’s annual spend on capacity.
Sometimes, our in depth industry knowledge is required to resolve complicated matters on our customers’ behalf. One such example is Windmill Care, an award-winning care group with residential care homes in North Bristol and South Gloucestershire. The group received an unexpected bill from their supplier claiming that they owed £45,000!
We used our extensive industry expertise to investigate, and overturned £40,000 of the outstanding debt. Watch our video to understand how.