The DTA WALES Energy Buying Group now open to all organisations in Wales

Ken Shaw, Head of Enterprise at The Development Trusts Association Wales, tells you about the Energy Buying Group and how he believes it can help you...

"Most UK businesses could benefit from cheaper gas and electric prices. Unfortunately, very few are in a position to access the potential of group buying, which is normally the preserve of large corporations or business groups.

"When pricing single businesses, suppliers will price according to consumption. This makes it virtually impossible to obtain the best market rates for a single user."

The Solution

"By joining forces with like-minded businesses it is possible to engage in the prime open market and achieve prices that only large organisations can obtain.

"The DTA Energy Buying Group initiative will help members participate in a group scheme.

"By adding the combined consumption of any company wishing to join, the group members will be placed in a group that will access the open market. This will enable us to manage all the sites as a single portfolio and will provide access to market information for purchasing options thus providing the Group with complete control and flexibility when purchasing their energy.

"Initially, we require copies of recent gas and electric bills as well as letters of authority that enable us to contact the suppliers in order to get reliable consumption figures and contract end dates. We will then inform each business of the contract renewal dates. Once this has been done, the anticipated consumption figures are presented to the selected energy companies.

"Note: It is vital that the members submit their Termination Letters in due time as under the terms of the standard contracts in force in the UK, they will be ‘rolled over’ without the opportunity to leave their existing supplier. Some 70% of UK businesses are rolled over and the rates are always higher than prevailing open market rates."

Innovative Approach – Subsidized and Free Smart Meters

"The DTA Energy Buying Group is pioneering the use of Smart Metering technology to enable our  customers to monitor and reduce their electricity expenditure – an average business can reduce its consumption by 12.3%. As an organisation committed to reducing CO2 emissions, we recognise the significant benefits that Smart Meter technology can offer and we are therefore committed to making this available either gratis or at a subsidised rate to our members and clients."

To find out more, please contact Ken Shaw by email at:-

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