When your business energy contract with British Gas ends, understanding the implications of Out of Contract (OOC) rates is vital to managing your energy expenses effectively. OOC rates are usually higher and can unexpectedly increase your energy bills. In this guide, we'll provide the latest OOC rates from British Gas and explain how The Smart Energy Company can help you avoid these costs and secure better rates.
The Significance of Out of Contract Rates
Out of Contract rates apply when your existing energy contract expires, and you haven’t signed a new one. These rates are typically higher than the rates you would pay under a fixed-term contract, which can lead to significantly increased energy bills. Being proactive about renewing your contract can help you avoid these higher charges.
British Gas Out of Contract Rates Effective 09th August 2024:
GAS PRICES
Standard Variable Rates
The charges in the table below set out our standard variable rates. These rates apply in the circumstances described above in all areas supplied by us and comprise a standing charge and a unit rate for all gas supplied for non-domestic purposes. All prices are excluding VAT, which will be charged at the prevailing rate applicable to your business and Climate Change Levy (CCL)
| Small non-daily meter | Large non-daily meter | Daily meter |
Standing Charge (p/day) | 432.00 | 4769.00 | 40738.00 |
Unit Rate (p/kWh) | 5.63 | 5.51 | 5.53 |
ELEC PRICES
Rates for non-half-hourly sites and half-hourly sites with whole current meters.
The pricing for non-half-hourly settled sites and half-hourly settled sites with whole current meters is divided into bands based on profile classes, as per the table provided below. The mentioned prices are applicable to all areas supplied by us and are exclusive of VAT, which will be charged at the current applicable rate for your business, and Climate Change Levy (CCL).
Profile Class | Standing Charge (p/day) | Unit Rate (p/kWh) |
01 - 04 profiles* | 336.00 | 26.02 |
05 - 08 profiles & half hourly whole current meters* | 685.00 | 26.72 |
British Gas may also move you onto their 'Standard Variable' rates in exceptional circumstances. If you are to be moved onto these rates, they will contact you to let you know the reasons and to explain the options that are open to you.
Note: Rates are exclusive of VAT and the Climate Change Levy (CCL).
Navigating the Rates:
Transitioning to OOC rates can lead to unexpected cost increases. It's essential to be aware of your contract's end date and explore new contracts well in advance. By doing so, you can avoid the steep rates associated with being out of contract.
How The Smart Energy Company Can Help:
At The Smart Energy Company, we specialise in assisting businesses like yours to navigate the complexities of the energy market. Here's how we can help:
Expert Guidance: Our team provides tailored advice to help you manage energy costs effectively.
Competitive Rates: We work with multiple suppliers to find the best rates for your business.
Seamless Transition: Our team handles the entire process, making it hassle-free for you.
Why Choose The Smart Energy Company?
By partnering with us, you ensure that your business remains cost-effective and sustainable. Our experts will compare rates from various suppliers to find the best deal that aligns with your business needs and budget.
Take Action Now:
If your contract with British Gas is ending soon, or you're already paying OOC rates, it's time to act. Contact us today to explore your options and secure a more favourable energy contract for your business.
Contact Us:
Phone: 0151 459 3388
Email: info@smart-energy.uk
Or get an instant quote or bespoke quote on our website: Smart Energy Quotes
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