Half Hourly Electricity - Compare Suppliers and Prices
MARKET LEADING
UK ENERGY BROKER
Energy procurement
Products & ServicesEnergy ProcurementHalf Hourly Electricity
Ian Mckenna energy broker
Ian Mckenna

Meet Our Half Hourly Electricity Expert

Half Hourly Electricity

Since de-regulation in April 1994 two distinct retail market segmentation's have emerged in the UK electricity markets, half hourly electricity metered sites and that of non half hourly metered sites. The retail electricity market in the UK has become highly competitive in both segments.

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Ian Mckenna

Half Hourly Electricity Broker

Two distinct market trends have emerged from this as the various supply companies decide upon their chosen strategy to cope with intensive market competition. The first discernible trend is that the various participants are merging in an effort to consolidate market share and as this reaches critical mass it allows for operational costs to be apportioned over greater volumes of customers.

Secondly, suppliers are actively pursuing the business of competitors by employing aggressive pricing policies.

Catalyst is ideally half hourly electricity procurement optionspositioned to negotiate and tender with these suppliers in pursuit of the best value for money and overall service value for your commercial half hourly electricity needs.

Half hourly electricity Meters or "00" electricity meters have a peak load above 100kW and are equipped with a ‘half hourly’ primary meter.

These commercial electricity meters cover all sites that have a large commercial supply of electricity, and the electricity meter is automatically read every 30-minutes of the day, hence the name half hourly electricity meter.

This means that total consumption is recorded every half hour of the day and night, and this information is automatically retrieved from the meter and passed directly to your contracted energy supplier ensuring your energy bills are accurate and you are only billed for the consumption that you use.

  • All Major Suppliers Prices Provided
  • 100% Independent Service
  • No Contract Tie In Period
  • Free No Obligation Quotes
  • Dedicated Account Managers

Half Hourly Electricity Quoting Service

We offer an extremely competitive and comprehensive independent half hourly electricity tendering service for half hourly supplied electricity sites. Our initial research will confirm your supply details in preparation for your energy tender. Half Hourly Electricity Reports Fact SheetWe will then tender your settled half hourly meter energy contract in line with your commercial requirements with our extensive panel of half hourly electricity suppliers which covers the big 6 energy suppliers and a range of leading independent suppliers.

We will then agree a delivery date of initial offers for your consideration and provide a detailed financial comparison between your current business electricity tariff, your supplier’s best renewal offer, and invited tenders from our range of suppliers. Offers are notoriously difficult to compare with different suppliers bundling different elements together, which makes the precise cost factors very difficult to isolate.

Potential suppliers can be asked to respond to our requests by listing the various aspects of the prices and charges that are to be applied.

We will illustrate all of our findings and present this in an easy to understand report comparing like for like costings and highlighting any additional costs or erroneous conditions of supply.

Our energy experts will provide practical advice on these offers and explain any industry terminology clearly. Within our report we present our supplier recommendation based not only on price, but overall delivery of service, support levels and type of contract, and recommended length of contract.

We will support any recommendation with market price evidence to give you the confidence that you are getting the very best solution for your exact requirements. This combined solution will allow your business to select the most competitive and appropriate contract to meet your specific needs.

Half Hourly Electricity Contract For Your Needs

With a half hourly electricity supply you have a huge choice on the type of contract that will best suit your exact requirements and our team of consultants will offer practice advice and recommendations based on what they think will work best for your consumption and needs.

For a basic example, it is currently possible to ask for a 'pass through' contract or an all-in contract.half hourly electricity services fact sheet

  • Pass Through - With a pass through contract the pure energy price is set down and it is agreed that all other distribution charges are passed through directly. This can be particularly beneficial when a customer wishes to compare a suppliers raw energy prices for half hourly electricity contracts.
  • All Inclusive - Some suppliers will offer 'all-in' pricing with an all-inclusive energy contract where the supplier has to take a view on the likely level of these extra charges throughout the length of the contract.
  • Standard - The vast majority of half hourly electricity contracts are all inclusive contracts as they are convenient and simple, and offer a single price for electricity, and so expenditure and budgets are relatively easy to work out.

However, the 'convenience' element will inevitably have a cost. In general, because of the reduced risk to the supplier, pass-through contracts are likely to result in slightly keener prices. You may also have an appetite for more risk and be willing to look at the possibility of a fully flexible contract which can deliver significant business benefits. Generally speaking as a rule of thumb the closer that you can get to next day delivery purchasing then the lower the prices will be. However the same can be said for the level of risk involved as you are beholden to the market price at that point of entry, so if events have caused a sudden and rapid increase in prices then you have no other choice but to purchase energy at this going rate.

Also as a rule of thumb the larger your energy consumption portfolio the more choice of these types of products becomes available to you. With the ability to dip in and out of the market and select block of energy for forward delivery.

On Going Half Hourly Electricity Support Service

Because of the complexity of these types of contract we encourage an on going relationship for all of our half hourly customers. This is achieved through your dedicated Account Manager who will manage and guide your account through the various stages of the contract life cycle. This ensures a smooth journey and a great customer experience, as we work to ensure that you get the best value for money with our solution at all times. We will also provide you with our monthly market report to keep you updated with the latest price changes, or regulatory requirements that could affect your business costs. When appropriate we will also suggest an opportunity to secure future energy contracts inline with the wholesale energy market.

In addition to our monthly market report all half hourly meters along with the half hourly data provides a great source of information for improved on site energy management. All energy suppliers are required to collect this data in order to bill you accurately and they must provide access to this data. But be warned just because suppliers have to give you access to your own meter data, it doesn’t mean they should let you have it for free, with many suppliers charging an annual fee to access this information. We provide all of our half hourly customers with free access to this data in the form of a personalised consumption report for your business, which will help identify potential energy savings on site and even provide your very own carbon consumption report based on your actual energy usage.

monthly half hourly consumption reports

All half hourly customers benefit from your own monthly energy reports and we provide a comprehensive diagnostic tool for analysing and manipulating your supply data.

  • Investigate in more detail when and how energy is used.
  • Identify and monitor exceptional usage patterns.
  • Benchmark energy consumption between buildings or processes.
  • Identify potential control setting problems & energy cost penalty. Improve forecasting & setting of energy budgets.
  • Increase visibility gives greater incentive to reduce & control costs.
  • Improve data for future procurement contract renewals and tariff optimisation.
  • Evaluate the effectiveness of cost reduction measures.
  • Measure your business carbon footprint.
  • Half Hourly Electricity Requirements & Future Pricing

If you are a large commercial customer on a half hourly meter you must have a contract based on readings taken each half hour period during the day. These are known as half-hourly metered contracts and the price of electricity will vary depending in part of the national demand for power at particular times in the day and seasons of the year.

These prices for each month fluctuate throughout each day as energy contracts are traded ready for future onward delivery in some long term cases suppliers and energy traders are exchanging long term contract out to 5, 10 or even 15 years in some cases. Fixed energy contract prices are made up of the monthly delivery cost over the life of a contract, for example if your contract was due to start in January and you wanted a 12-month fixed price agreement with a supplier, they would calculate the price for each moth at the current market rate, and then average these out over the 12-month period.

Suppliers then need to include additional costs for the delivery and distribution of the energy to your premises, the cost to serve your account, and of course the supplier’s margin. Only the delivery cost element is regulated by the industry regulator Ofgem, and although the costs do change periodically the supplier will allow for these changes in any contract that they provide.

Our role as an energy broker is to determine what influencing factors are effecting these short term and long term energy prices, and this could be anything, for example weather, economic factors, micro economics and even future government polices.

We use this information to assess the constantly fluctuating monthly future delivery cost of energy to determine a suitable time to obtain offers, and over what time scale to achieve the most optimum result for our customers.

In simple terms, if long term prices were lower than short term prices, it may be advantageous to select a longer term contract as this would lower the average cost over the length of your contract.

The delivery element of the contract is fixed and regulated so each supplier will simply pass the same charges through to their customers each time. We can however target the cost to serve and the supplier’s margin element of your contract though as our management of your account removes this costly element from the supplier.

We also have a very close working relationship with all of our suppliers, so we are familiar with working this to our advantage to achieve the best result for your contact and your business requirements

. It is also possible to take advantage of these monthly fluctuating half hourly electricity costs by opting to look at alternative methods for purchasing your energy. These include a range of flexible solutions that allow you to set the fixed parts of the contract and purchase the energy element separately as you require it.

These types of half hourly electricity contracts remove the price certainty that a fixed contract provides, but they can be very effective dependent on your company’s appetite for risk. You are able to purchase blocks of energy over several different periods ranging from 6-monthly, quarterly and monthly or in extreme cases even for next day delivery.

To ensure compliance customers must have appropriate metering (Code 5 or above) for a half hourly supply, which are operated and maintained by an approved Meter Operator or sometimes abbreviated as a MOP. The data from these meters must also be collected by an approved Data Collector sometimes abbreviated as a DC. A full list of the current and approved meter operators and data collectors is available from the industry regulator, Ofgem.

Summary of our Half Hourly Electricity services

We provide a free and no obligation quoting solution for all of your half hourly electricity requirements. We can even bench mark any renewal offer that you may have against other supplier offers. We support your account on going and will work with you to deliver monthly energy consumption reports to help you further control and manage your energy cost for all of your half hourly electricity meters.

Our suppliers - Gas & Electricity

Wingas

Wingas

Smartest Energy

Smartest Energy

Total Gas & Power

Total Gas & Power

Scottish Power

Scottish Power

OVO energy

OVO energy

Scottish & Southern Energy

Scottish & Southern Energy

Opus Energy

Opus Energy

Npower Business

Npower Business

MA Energy

MA Energy

LGP Lancshire Gas and Power

LGP Lancshire Gas and Power

Hudson Energy

Hudson Energy

Good Energy

Good Energy

Haven Power

Haven Power

GDF Suez

GDF Suez

Gazprom

Gazprom

Eni

Eni

First Utility

First Utility

EDF Energy

EDF Energy

E.ON

E.ON

DUAL energy

DUAL energy

Dong Energy

Dong Energy

Daligas

Daligas

Crown Gas and Power

Crown Gas and Power

Corona Energy

Corona Energy

Contract Natural Gas

Contract Natural Gas

Better Energy

Better Energy

British Gas Business

British Gas Business

Airtricity

Airtricity

Avanti Gas

Avanti Gas

Axis Energy

Axis Energy

Extra Energy

Extra Energy

Vayu Energy

Vayu Energy

Energia

Energia

Swalec

Swalec

Scottish Hydro

Scottish Hydro

Our Suppliers – Metering & Smart Meters

BGlobal Metering

BGlobal Metering

IMServ

IMServ

Siemens Metering

Siemens Metering

Western Power Distribution

Western Power Distribution

G4S Utility Services

G4S Utility Services

Gazprom

Gazprom

Stark

Stark

E.ON

E.ON

SenseLogix

SenseLogix