DCP228 and Business Electricity
What is DCP228? DCP228 is a regulation to be introduced by Ofgem in April 2018 which will change the way busin...Read More
A Deemed Contract is an informal agreement which may be entered into should your business move into new premises whilst the previous occupant’s chosen energy supplier still provides power to the property.
Alternatively, deemed contract rates may also be imposed if you come to the end of your current business energy contract without renewing and your supplier does not clearly state what will happen after contract termination.
For example, a supplier may state that unless you renew your contract before your business’s energy contract has finished, your business gas and electricity supply will be moved onto Out-of-Contract rates in your official agreement. If there is no disclosure of your supplier’s intended actions, your business energy is likely to be moved onto a deemed contract.
On average, deemed contract rates are 80% more expensive than those within a negotiated contract. If your business doesn’t organise another energy contract before moving into new premises, you could end up paying almost double for your business gas and electricity.
To avoid deemed rates, we highly recommend that you organise a new business energy contract at least 30 days before moving business premises. SwitchMyBusiness.com will happily help you when moving business premises! We’ll find great energy quotes so you get the best business gas and electricity deal for your usage.
Get in touch today to ensure a smooth transition from your current energy tariff to the next one! Simply enter your details into our easy online comparison service, or give us a call on 0800 411 8830 to get cheaper energy rates now!
Lorraine was fabulous
"Lorraine was fabulous, so helpful and professional. The team are dedicated, not pushy and it makes a refreshing change to speak with a company who actually want to help and make a real difference. Our business saved over £3000.00 per year moving from British gas so over the 3 years fixed was £9.5k … massive saving! Thank you and we wish you all the best!"This review was posted by Kendall Burton on the 23rd of October 2018
Mark Weeks and the rest of the team…
"Mark Weeks and the rest of the team were helpful and efficient, our switch has gone through smoothly. The deal was great too."This review was posted by Satinder on the 23rd of October 2018
Lorraine - Excellent experience dealing with you!
"I have been talking to Lorraine over the last couple of weeks about switching our gas/electric supplies. Lorraine was more than keen to help and went to a lot of trouble researching the best prices on the market for us. These were all confirmed by emails which allowed me to compare with our current supplier in a clear way. Ultimately our current supplier made an offer we felt was comparable to the best Lorraine had found and we decided to stay with them (B.Gas) but I am very grateful for all of the help she gave me - for no result as it happens. A pleasure dealing with you Lorraine!"This review was posted by Richard Weekley on the 22nd of October 2018
Honest brokers who will actually save you money!
"I dealt with a gentleman called Mark Weeks. He was extremely efficient, helpful and humerous. He saved me 6 pence per/k/hr, quite the saving when your annual bill is over £12,000. I will be using this service again for my water bill!"This review was posted by EDWARD Wickman on the 22nd of October 2018
Cheryl Sreenan delivered excellent…
"Cheryl Sreenan delivered excellent customer service, professional and polite but very natural with it - it's great to deal with someone who knows their job and cares about their customers. Great savings too and a quick switch which is always good. Will be looking to switch other businesses when they are out of contract."This review was posted by Jackie Reeves on the 22nd of October 2018