Understanding Crown Gas & Power out of contract rates is crucial for businesses to manage their energy costs effectively. If you're currently with Crown Gas & Power, it's essential to be aware of the latest out-of-contract rates to avoid unexpected expenses. As of 1st May 2024, Crown Gas & Power has updated their gas rates, which we'll delve into here.
Crown Gas & Power Out of Contract Rates as of 1st May 2024
Overview of Crown Gas & Power Out of Contract Rates
Crown Gas & Power's gas rates are segmented into three bands based on annual consumption, with each band having a distinct unit rate and a site-specific daily standing charge. Below is a detailed breakdown of the rates:
Band | kWh Range | Unit Rate | Daily Standing Charge* |
Band 1 | 0 - 73,200 kWh | 5.612 p/kWh | Site Specific (£/Day) |
Band 2 | 73,200 - 293,000 kWh | 5.309 p/kWh | Site Specific (£/Day) |
Band 3 | >293,001 kWh | 5.175 p/kWh | Site Specific (£/Day) |
These rates are applicable from 1st May 2024 until further notice. It's important to note that Crown Gas & Power reserves the right to review the daily standing charge should there be an increase in their operating costs, as stipulated in their Terms & Conditions.
Impact of Crown Gas & Power Out of Contract Rates on Your Business
Being out of contract typically results in higher rates compared to being in a negotiated contract. The increased unit rates and potentially higher daily standing charges can significantly affect your business's energy expenditure. Let's look at the implications for each consumption band:
Crown Gas & Power Band 1: Smaller businesses consuming up to 73,200 kWh annually will face a unit rate of 5.612 p/kWh. If your business falls within this consumption range, you might see a considerable increase in your energy bills if you remain out of contract.
Crown Gas & Power Band 2: Medium-sized businesses with annual consumption between 73,201 and 293,000 kWh will encounter a unit rate of 5.175 p/kWh. This band sees a slightly lower rate compared to Band 1, but the costs can still add up significantly over time.
Crown Gas & Power Band 3: Larger enterprises consuming more than 293,001 kWh annually are subject to a unit rate of 5.309 p/kWh. For high consumption businesses, even small differences in unit rates can lead to substantial cost differences.
How Smart Energy Company Can Help with Crown Gas & Power Out of Contract Rates
Navigating Crown Gas & Power out of contract rates can be daunting, but Smart Energy Company is here to assist. We specialise in helping businesses like yours to secure the best energy deals, ensuring you are not overpaying due to out-of-contract rates. Here’s how we can help:
Rate Comparison: We provide a comprehensive comparison of current and historical rates, enabling you to see the cost impact and potential savings.
Contract Negotiation: Our experts can negotiate on your behalf to secure favourable contract terms, often resulting in lower rates than the out-of-contract prices.
Energy Management Solutions: Beyond securing better rates, we offer energy management solutions to help reduce overall consumption, further lowering your energy costs.
Ongoing Support: We offer continuous support and monitoring to ensure you remain on the best available rates and avoid falling into out-of-contract statuses in the future.
Conclusion
Remaining informed about Crown Gas & Power out of contract rates is vital for managing your business's energy expenses. With the new rates effective from 1st May 2024, businesses need to act promptly to avoid financial strain. Partnering with Smart Energy Company can provide you with the tools and expertise to secure optimal energy rates and ensure cost efficiency. Contact us today to learn more about how we can assist you in navigating the energy market effectively.
0151 459 3388 | info@smart-energy.uk
