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
Business gas rates vary depending on a variety of different factors such as whether you are in a contract, if you’ve rolled over or if you are renewing with your current supplier.
These rates are applied to customers who have gone past their current contract end date and not accepted their renewal prices or switched to another provider. If a business gas contract hasn’t been renewed, the supplier will charge out of contract rates, which are usually much higher than the business gas rates under a new contract.
If you’ve just moved into new business premises, you are likely on deemed rates. This type of contract applies when a business uses the current business gas supplier of new premises. If you’ve only just moved in you won’t be in a contract with anyone – you won’t have agreed to switch to a different supplier so you will be on ‘deemed rates’, so-called because you are ‘deemed’ to have automatically taken a contract with the current provider.
Business energy contracts are usually for a period of between one and three years. You should always keep track of when your contract is due to end because you may have a certain period of time in which you can switch to another tariff or provider. This switching window can be anything from 120 days before your contract end date to just 30 days before the end of the contract.
During this renewal period, you should receive a renewal letter which will tell you what your renewal prices will be. If you don’t do anything at this point then you could end up rolling over.
You may think that this is much easier and saves you time searching for new prices. But by simply rolling over into another contract with the same supplier, you could be wasting thousands of pounds a year. Often renewal rates are much higher than rates you could get by switching to another business gas provider, sometimes as much as 80% higher.
SwitchMyBusiness.com can help you find better renewal rates and, if you switch business gas suppliers with us, we’ll remind you when your contract is due for renewal. Even if you’re not yet a SwitchMyBusiness.com customer, tell us your renewal date and we’ll remind you when your contract is due for renewal and offer a free no-obligation business gas comparison.
If you haven’t compared business gas suppliers in a while, you might be surprised at how cheap business gas tariffs are. Some SMEs find that it is cheaper to pay a termination fee and change business gas supplier. Finding the best business gas is not always simple, though: commercial gas rates can depend on factors including location, consumption and contract length.
Our dedicated business gas experts can guide you through the minefield of commercial gas tariffs in just 20 minutes. We do all the hard work, including communicating with business energy suppliers so you can get on with running your company.
Our dedicated page has lots more information about business gas.
"Lorraine, the agent who attended to me, was extremely efficient and professional. The quotations obtained were very competitive and presented in an easily understandable format. All queries were attended to and replies forthcoming speedily. As a representative of the organisation, I could only present the proposals I obtained and, unfortunately, the committee elected to use another company. From my point of view, Lorraine made my task to gather all relevant details very easy and her attitude was professional and courteous throughout. I have no reservations in recommending SmB to other businesses who seek to change energy suppliers."This review was posted by Two Locks Church on the 20th of March 2018
Can not recommend highly enough
"Can not recommend highly enough. Pamwan was an absolute delight to deal with. Very thorough and patient which made the whole experience easy and straightforward."This review was posted by Kirby Marie on the 20th of March 2018
"Thank you Nicole for your efficient, friendly and patient service and returning paperwork so quickly to start the process."This review was posted by Rita Westwood on the 19th of March 2018
thanks Mr Pamwan Johnson excellent service
"thanks Mr Pamwan Johnson excellent service"This review was posted by kashif ahmad on the 19th of March 2018
Mark Weeks was very helpful
"Mark Weeks was very helpful, even though in the end the difference was so little that we decided not to switch, Would defiantly recommend Switch my Business."This review was posted by Ann Manson on the 19th of March 2018