Prices correct as of 20/03/2024 - Last price update was on 15th September 2023
Welcome to our detailed analysis of British Gas Lite's Out of Contract (OOC) rates, updated as of 20/03/2024. The last change in prices was recorded on 15th September 2023. As your business navigates energy contracts, staying informed is key to securing competitive rates. Let's delve into the latest figures and what they mean for your energy expenditure.
Understanding VPP Rates:
When your fixed-rate contract with British Gas Lite concludes without renewal, you'll switch to the Variable Price Plan (VPP). VPP rates can fluctuate and typically sit higher than fixed rates, potentially leading to a surge in your energy bills.
The Reality of Out of Contract Rates:
VPP rates are subject to change with a 30-day notice, and historically, suppliers tend to increase prices more readily than decrease them. We recommend subscribing to our market reports to stay in control of your energy contracts, allowing you to avoid the pitfalls of market volatility.
British Gas Lite's Current Out of Contract Rates:
Electricity Rates
Profile Class | Unit Rate (p/kWh) | Standing Charge (p/day) |
01 - 04 Profiles | 50.84 | 157.69 |
Gas Rates
Consumption (kWh/year) | Unit Rate (p/kWh) | Standing Charge (p/day) |
0 - 73,199 | 12.20 | 150.51 |
73,200 - 732,000 | 9.43 | 679.99 |
The above rates remain unchanged since 15/09/2023 and do not include VAT and CCL, which are additional to the prices mentioned.
Securing More Favourable Energy Rates:
At The Smart Energy Company, we're committed to guiding businesses through the complexity of energy contracts. By comparing British Gas Lite's rates with other available suppliers, we can help you lock in the most cost-effective options for your business.
Switching Energy Providers with Ease:
Transitioning to a new supplier can be hassle-free. With our extensive network of over 20 suppliers, we're equipped to present you with the best deals that align with your business needs.
Get Started:
Take the first step towards protecting your business from unexpected rate hikes. Use the form above to request a quote, or contact us directly for personalised assistance.
Final Note:
We understand that managing energy costs is crucial for your business. Our team is ready to support you with expertise and care, ensuring that your energy strategy is both cost-effective and smart.
0151 459 3388 | info@smart-energy.uk
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