FN Energy - Energy Management and Cost Reduction Analysts. Save money on your gas and electricity bills.

Why should I choose an alternative supplier?
What are the supplier traps and how to avoid them?
What are 'deemed contracts' or 'out of contract'?
Why should I use a utility broker?
Are there any hidden surcharges or costs in using FN Energy Management?
How are FN Energy Management different?
How does the process for transferring suppliers work?  
Will there be any interruption to my supply?
Do I need to contact my old provider to switch to a new supplier?
Is changing business electricity and / or gas suppliers a problem?
How do I get a quote?
Why do you need to see a copy of my bill?
Why do you need a Letter of Authority?
What are the contract types for business utility consumers?



Why should I choose an alternative supplier?
The electricity and gas market is extremely competitive, shopping around could save you a significant amount on your monthly utility bills. 

What are the supplier traps and how to avoid them?
All energy contracts with suppliers automatically renew themselves after the initial contract term unless you terminate your agreement with them. The minimum termination notice that the supplier requires normally is between 30 and 120-days before the end of your initial contract.

If you do not terminate your contract in a timely manner, your energy contract will be "rolled over" into a new annual contract at an uncompetitive price as the supplier knows you can not move away from them for a minimum of 12-months.  Some supplier’s terms even allow the supplier to extend this period for up to 24-months.

Unfortunately in many cases customers miss their renewal date or accept price increases because they’re to busy trying to run their own business.  Unbelievably it is not the responsibility of the energy supplier to remind you adequately that your energy contract is coming to an end and that you need to terminate with them to avoid an automatic renewal.

Our advice is to prevent your current energy supplier from renewing your contract by sending a termination letter to your supplier. This will ensure that you are not locked in on the renewal prices and free to shop around for a better deal. If you do not send a termination letter your current supplier will renew your contract on higher prices and prevent you from switching to another supplier offering a better deal. It is always advisable to send this letter by recorded delivery, as suppliers will often claim that they haven’t received your termination letter.

What are 'deemed contracts' or 'out of contract'?
An energy supplier supplies a property and not an individual. Therefore, when you move into a property you are, as the new business owner, not under contract with the existing supplier to the property. This situation is known as 'deemed contract' or 'out of contract'. You remain in this situation until you agree a contract with a new supplier.

Remember, a deemed contract is more expensive as the supplier will charge a higher tariff rate. Therefore, it is in your interest to agree a new supplier contract as soon as possible.

Why should I use a utility broker?
Utility brokers spend all their time in negotiation with suppliers and can access deals that are not available on the high street. By using a specialist for your needs you know you are getting the best deal available.

Are there any hidden surcharges or costs in using FN Energy Management?
No, there are absolutely no hidden surcharges or costs. We provide you with the best available rates from all suppliers in your area. You are then free to choose the one which is right for you. Switching costs nothing, and will save you money on your energy bills. We offer you free of charge broker service with no obligation.

How are FN Energy Management different?
We are an independent brokerage with extensive industry experience. We only act in the interests of our customers because we know how hard it is to find a company you can rely on. We are here to help you unpick the complicated rules and regulations behind your electricity and / or gas supply contracts and show you how to combat the tricks that are used in order to save you money.

How does the process for transferring suppliers work?
Once you have chosen a supplier, you provide us with the details to complete your switch application. We'll forward these details securely to your new supplier who will arrange the switch. We'll also send you confirmation details of the switch and a contact point for your new supplier.

You will be given a supply transfer date by your new supplier. On this day you should take a meter reading and submit it to your new supplier. They will contact your old provider so they can arrange a final bill and close your account

Will there be any interruption to my supply?
No, there will be no interruption whatsoever. There is no need to change any meters, wires or pipes – your new supplier will use the same ones as your old one. The only changes that you will notice will be a lower bill and / or improved customer service from your new supplier.

Do I need to contact my old provider to switch to a new supplier?
No, your new supplier will organise the entire switching process. You should, however, ensure that your new supplier receives a final meter reading from you so that they can organise a bill and close your existing account.

Is changing business electricity and / or gas suppliers a problem?
No, not when you use FN Energy Management to aid you in switching suppliers. You could be one of the 50,000 businesses who switch supplier every week to make the most of the savings available. When you switch supplier you will continue to use exactly the same wires and cables as you currently use. We will arrange the transfer of your business utilities and the only change you will notice is the name of the supplier at the top of the bill.

How do I get a quote?
To receive a quote please click on the 'Get a Quote' links.

Why do you need to see a copy of my bill?
Your bill shows us specific information required in order for us to carry out the analysis and tender the market

Why do you need a Letter of Authority?
Due to Data Protection laws a Letter of Authority is required in order for suppliers to pass over historical information regarding your usage and for FN Energy Management to be full compliant.  FN Energy Management cannot authorise new contracts or agreements without your prior express permission. Any contracts negotiated will need to be completed by an authorised person in your company.

What are the contract types for business utility consumers?
Business utility contracts are usually for a fixed amount of time. This can be between 1-5 years for businesses like yours. If you wish to leave this type of contract, you must do so within the contract time limit close to the renewal end date of the contract. If you wish to leave before then, a termination fee will nearly always be applied.


 



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FN Energy - Energy Management and Cost Reduction Analysts. Save money on your gas and electricity bills.