Yu Energy was founded in 2014. Since, they become the UK’s most ‘innovative’ energy supplier. They focus exclusively on business energy and promise a better service than their competitors.
Yu Energy promises that you can get in touch with someone at customer services within three rings of the telephone, as well as a personalised account manager.
A Guide To Yu Energy
Yu Energy is one of the youngest, and most highly rated business only energy suppliers in the UK. They offer both gas and electricity tariffs to businesses. Yu claims to offer a premium level of service, with a personal account manager assigned to every business.
Yu Energy has a rating of 4.3 out of 5 on the review site Trustpilot. This averages out as ‘Excellent’. 74% of all of Yu’s reviews were rated as 5 stars, or ‘excellent’. Only 13% of their reviews were rated as 1 star, or ‘Poor’.
Yu Energy prices and tariffs
Different types and sizes of businesses need different types of tariffs. Yu Energy offers different types of contracts to different sizes of business.
Small to medium-sized business (up to 500,000 kwh per year) can get offers of:
- Fixed tariffs
- Multisite Fixed Tariffs
- Prepayment plans
- Energy rates from 23.03 p/kwh + 159.00 p/day standing charge
- Gas rates from 23.03 p/kwh + 159.00 p/day standing charge
Larger businesses (more than 500,000 kwh per year) can get offers of:
- Bespoke contracts
- Half Hourly and multi-site options
- Part fixed options
Yu Energy offer support for a range of meters – from traditional meters to multi rate, multi-site and smart meters.
Switching to Yu Energy is easy with British Business Energy. We take care of the switch for you, so that you don’t need to worry. You can focus on your business, while we find you the best deal possible.
Yu Energy was founded by businessman Bobby Kalar, who is still the CEO of the company. Kalar became frustrated with the service provided by other energy suppliers and decided to build an energy business that focused on relationships with customers.
You can contact Yu Energy in a number of ways. They claim to make contacting them easy, with a ‘three ring’ policy over the phone.
You can call Yu Energy at: 0115 975 8258.
You can email them at: [email protected], or via a live chat on their website.
You can write to them at: Unit 2, Horizon Place, Mellors Way, Nottingham NG8 6PY.
When you switch with British Business Energy, you don’t need to worry about how to get in touch with suppliers. We take care of that for you, so that you can focus on running your business instead.
Yu offers a ‘Pure Green Energy’ tariff. This is backed with 100% renewable electricity. Yu makes a virtue of how their electricity is generated in one particular wind farm in Wales – the Carno Wind Farm.
Yu’s fuel mix overall is less green than the UK average. The average amount of green energy used by UK energy suppliers is 37.9%. Only 10.3% of Yu’s energy comes from renewable sources. More than 70% comes from Natural gas – as opposed to an average of 39.4%.
ENERGY LIVE NEWS PERSONALITY AWARDS 2018
Category: Customer Service Team of the Year
UTILITY WEEK AWARDS 2018
Category: Customer Care
UK BUSINESS AWARDS 2017
Category: SME – Incorporated less than 10 years
Leaving Yu Energy requires you to submit a final meter reading. This is so that you can receive an accurate final bill.
Businesses can terminate their contracts at any time. If you are on a fixed energy plan, you need to submit termination notice more than 30 days prior to your contract end date to terminate your contract at that date.
Yu Energy Price Changes
The maximum prices that energy suppliers can charge for gas and electricity in the UK are set by the energy regualtor, Ofgem. Most energy suppliers base their prices on this maximum amount. However, in 2021, the regulator raised the price cap by 9%. As a result, most energy suppliers have raised their prices by this same amount of 9%.
Where you live in the UK can affect the prices you receive for your energy. This is because different areas produce different amounts of energy. Those areas that produce more energy get lower prices. Those areas that produce less energy get higher prices.