All good innovation is born from necessity and Digital Energy Revolutions new energy platform is very necessary. In a time of eye watering wholesale energy price rises. (U.K. electricity prices reached £277 per megawatt hour on Sept 8th, 2021, a 560% increase compared with a year ago. Natural gas prices have also surged, with a 247% increase within the last 9 months). The release of Digital Energy’s new energy platform could not be better timed.
Their objective is simple, they are here to disrupt the energy market by using the latest technology to allow businesses to cut out the comparison site and energy broker middle-men and access energy prices direct from suppliers, without added commission.
Research presented to the UK Energy Ombudsman has shown that UK business are collectively paying a whooping £2 billion a year in commission to energy middle-men. The real kicker is that many businesses are not even aware that they are paying commission while using an energy broker or comparison site, or if they are aware, they believe it to be an insignificant amount.
Digital Energy director Callum Pengelly explained “Savvy business owners know that if they use a middle-man to arrange their business energy contract, commission will be added to their kWh unit rates to pay for the service, what most people are shocked to find out is the amount added to their unit rates.”
The average commission added by middlemen for a business energy contract is £500 per contract year or 9% of total energy spend! This commission is added directly onto the bills of the business concerned, who are unwittingly paying the middleman commission, every time they pay a bill. “Now you understand why every man and his dog, from every corner of the world is ringing you up offering you a free energy switching service,” quipped DER director Callum Pengelly.
Digital Energy Revolutions are pushing back in favour of UK businesses, by offering a transparent and commission free direct line to energy suppliers’ prices, resulting in businesses being offered significantly cheaper, commission free kWh rates. DER director Callum Pengelly commented: “We’re all energy people here, many of us have spent our entire careers in energy, so we are thrilled to be offering UK businesses a fairer, more transparent and cost effective way to interact with the energy markets.
Digital Energy guarantee the lowest prices on the market by removing broker commission entirely for customers. Callum Pengelly continued: “We’re the only people in the marketplace brave enough to offer a money back guarantee, because we know our prices can’t be beaten by anyone.”
Rather than adding commission into the customers unit rates for the use of their service, Digital Energy Revolutions charge businesses a one-off flat fee of £99 plus VAT, regardless of whether the business agrees a 1,2,3,4 or 5 year contract, or spends £200 or £5,000 a month. Not only does this approach make Digital Energy Revolutions the best priced business energy comparison site in the UK, but it also puts the business using them firmly in the driving seat, because for the first time they are the customer and not a commission cow.