Standing charges: what are they?
Ofgem’s recent non-domestic market review revealed many businesses don’t understand standing charges. Here, we explain it in a short read.
July 28, 2023
Category: Business Procurement
How your business water bill works
Learning to read your business water bill with a critical eye could save your business money.
July 19, 2023
Avoiding hidden card payment charges
Most customer-facing businesses use card payment terminals in their day-to-day commercial activities; but many do not understand their card payment charges and how to predict
July 4, 2023
Blend and extend contracts: what are they?
Blend and extend contracts involve agreeing a term extension in return for an existing contract rate reduction.
Here, we examine how and why you might consider this option.
June 20, 2023
Understanding kVA and its charges
An increasingly important part of a business’ energy bill, kVA stands for Kilo Volt Amperes and is a term used to describe the amount of
May 31, 2023
What is a Letter of Authority (LOA)? | Business Energy
Before a Third-Party Intermediary (TPI) can provide you with a quote for your business energy, they require a signed Letter of Authority (LOA), but what
May 11, 2023
Energy Bills Discount Scheme ETII registrations open
The Energy Bills Discount Scheme (EBDS) was hardly heralded as a saviour by UK businesses in January. Its level of support was drastically reduced versus
April 28, 2023
TCR explained and its impacts
The Targeted Charging Review (TCR) is an initiative established by Ofgem (Office For Gas and Electricity Markets) aimed at ensuring energy network charges are fair
April 12, 2023
Why businesses should switch with a TPI
Companies which act as Third-Party Intermediaries (TPIs) are present in almost every utilities industry, whether B2B or B2C. Compare The Market, USwitch and Money Saving
February 10, 2023
Card Payments Glossary of Terms
Here at Procure Smart, it’s in our ethos to help businesses take control of their costs with fast, efficient switching. In order to do this,
February 2, 2023