In this blog we discuss EOn Business energy bills. We strongly encourage small business owners to find the lowest business energy prices in the market. In order to secure the best price we recommend that you have your business energy bill handy. To help small business owners we are writing blogs about reading and understanding business energy bills. Each blog will focus on a different energy company.
In this blog we focus on EOn Business energy bills. To read more about EOn’s own example provided on their website please visit this website. (http://bit.ly/2pchuMx). For this blog we are using a copy of a real bill with all the client information wiped out except for the usage indicators.
The main point of information is how much energy the business is using and whether the business has one or several energy meters. The example below is for a small business with a single meter.
Typically the bill will consist of several pages (often double side printed). The cover page usually has summary information about your business and charges. Subsequent pages have information about your business energy consumption and rates.
Energy companies also want to know how much energy you consume. – this can be per month, per quarter or per year. In this EOn example, the period is for one quarter between March and June. We will show below how you calculate your monthly, and annual consumption using the above information.
Billing period and your meter’s address
To find your billing period and business meter address on the EOn business energy bill, please look just below ‘Electricity bill’ which appears on the first page of the bill. You will find in much smaller font your ‘Supply address’. This is the address for your meter.
When you are switching energy providers your meter’s address, billing period and billing period usage are really important. Other energy companies want to know your business meter address (sometimes it is different from your registered business address).
Your EOn Energy usage
EOn states the consumption period on the back of the first page or subsequent pages. In the example below, it is stated on the back of the first page.
To find the period flip the first page over and take a look at the third table with the title: Charges, discounts and VAT. The first column in this table has a title ‘Period.’ This is the billing period for your business electricity bill from EOn. In this example the billing period is from 17 Mar 18 to 16. Jun 18. This means that this bill is for one quarter.
To find energy consumed during the period please take a look at the very last column called Kilowatt-hours used. In our example this number is 632.
This number is critical for your business energy comparison and finding the lowest business energy price for your business.
That means that during one quarter the business consumed 634 Kilowatt hours.
ESTIMATING MONTHLY ENERGY CONSUMPTION
To get a monthly consumption you can approximate by dividing the above number by three. So we get, 632 / 3 = 211 Kwh consumed per month. This is an estimate of course, but is a good guide based on the actual consumption.
ESTIMATING YEARLY ENERGY CONSUMPTION
If you want to figure out your yearly consumption you can multiply 632 times 4 = 2,528 Kwh.
Now you are armed with great information to start killing the energy bills. You can compare business energy prices, find the lowest business energy price and best business energy provider and switch.