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British Gas's Out of Contract Rates: What UK Businesses Need to Know


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British Gas Out of Contract Rates


Prices below effective as of 01/10/2023


Understanding your business's energy contract details, especially what happens when it expires, is crucial to managing your operational costs effectively. Today, we delve into British Gas's Out of Contract (OOC) rates, providing you with the essential information you need as your contract comes to an end.


The Importance of Being Aware:

Out of Contract rates apply when your existing energy contract ends, and you haven't signed a new one. Typically higher than contracted rates, they can significantly impact your business's energy bills.


 

British Gas Out of Contract Rates:

Effective from 1st October 2023, British Gas's OOC rates have remained unchanged. These rates are particularly important for businesses whose contracts are nearing completion or have recently ended. Here are the specifics:


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)

373.00

4860.00

37798.00

Unit Rate (p/kWh)

7.44

7.15

7.09



 

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*

174.00

30.06

05 - 08 profiles & half hourly whole current meters*

435.00

31.17


 

HH ELEC PRICES


High and Extra High Voltage OOC Rates from British Gas

Low Voltage and Low Voltage Substation Out of Contract prices from  British Gas

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:

The transition to OOC rates can see your energy costs rise unexpectedly. Being proactive about your energy contract's end date and exploring new contracts in advance is key to avoiding these increased charges.


How The Smart Energy Company Can Help:

At The Smart Energy Company, we specialise in helping businesses like yours navigate the complex energy market. Our experts can guide you through the process of comparing rates, ensuring you find a contract that aligns with your business needs and budget.


The Bottom Line:

Staying informed about your energy contract's terms and the implications of moving to OOC rates is vital. By partnering with The Smart Energy Company, you can take the guesswork out of managing your energy expenses, ensuring your business remains cost-effective and sustainable.


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 Details:







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