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Understanding Engie's Out of Contract Rates: A Guide for UK SMEs

Has your energy contract with Engie recently ended, or is it due to conclude in the near future? 

It's crucial to be aware of the rates you will be subject to once your contract ends. This blog post outlines the Out-of-Contract (OOC) rates effective from 1st January 2024 and provides essential insights into how The Smart Energy Company can assist you in navigating these changes.

With the latest update in Engie's OOC rates, many businesses are finding themselves facing higher energy costs. Understanding these rates and knowing your options is key to managing your energy budget effectively.

Engie logo with the text to say Engie Out of Contract rates with the Smart energy Company logo on it

Engie's OOC Rates Effective from 01/01/2024

When your fixed energy contract with Engie concludes, you automatically transition to their OOC rates. These rates are typically higher than contracted rates and can vary based on several factors, including your meter type and energy consumption patterns.

For Non-Half Hourly meters (profiles 01 - 08) prices are below:

Effective from 00:00

Effective Until

Rates for ALL units

Standing Charge (p/Day)


Until further notice



For Half Hourly meters (profiles 00) prices are below:

Rate Effective From 00:00hrs on

Rate Effective to 23:59hrs on

TCR Tariff Band

Day (p/kWh)

Night (p/kWh)

Daily Standing Charge (£/kWh)

All LV & LV Sub





Until Further Notice

HV Bands 3 & 4




Designated EHV Properties




For GAS meters prices are below:

Rates Effective from 00:00hrs on

Rates Effective to 23:59hrs on

Volume Band

Unit Rate (p/kWh)

Daily Standing Charge (£/day)

Less than 732,000 kWh




Until Further Notice

732,000 to 58,599,999 kWh



58,6000,000 kWh or above




  • Engie will pass through the cost of CCL / VAT on top of these rates.

  • For deemed and default customers, Engie will assign an AQ based on the formula year AQ data or 'SMP AQ' data if formula year AQ data is not available.

What This Means for Your Business

Transitioning to OOC rates can significantly impact your energy expenses. These rates are not only higher but also subject to market fluctuations, adding unpredictability to your energy costs.

How The Smart Energy Company Can Help

As experts in energy management, we at The Smart Energy Company specialise in finding cost-effective solutions for businesses facing high OOC rates. We offer a comprehensive comparison of rates from over 20 suppliers, aiming to provide you with the most economical and suitable energy plan.

Our Services Include:

  • Competitive Rates: We offer electricity and gas rates that are often more affordable than standard OOC rates.

  • Personalized Solutions: Tailored energy plans that align with your specific business needs.

  • Seamless Transition: Expert assistance in switching from OOC rates to a more advantageous contract.

Our Competitive Energy Rate Offers:

  • Electricity Rates: As low as 21 pence per kWh.

  • Gas Rates: Under 5 pence per kWh.

Our rates are not just competitive; they are tailored to your business’s specific energy needs.

Take Control of Your Energy Costs

Don't let the end of your contract with Engie lead to inflated energy bills. Contact The Smart Energy Company today for a free energy audit and learn how you can secure lower rates and better manage your energy expenses.

0151 459 3388 |


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Have More Questions?

  • Is it possible to change multiple business utilities at the same time?
    Our switching service allows you to switch multiple utilities simultaneously. We have successfully assisted multiple businesses in the UK by helping them save on various services such as energy and water with savings within 2023 already over the £2 Million mark.
  • How much can I save on my business utility bills?
    The amount you can save on your business utility bills will depend on various factors such as your current usage, the rates offered by different providers, and the specific deals available in your location. However, our switching service is designed to help you find the best deals and save as much as possible. By comparing multiple suppliers and negotiating competitive rates, we aim to maximise your potential savings. Get in touch with us to discuss your specific needs and get personalised information on potential cost savings for your business utility bills.
  • How does switching business utilities work?
    Switching business utilities involves a straightforward process. Here's a general overview of how it works: Evaluation: Start by assessing your current utility bills and usage patterns. This will give you an idea of your current costs and help identify areas where savings can be made. Comparison: Use a switching service like ours to compare different utility providers in your area. We provide you with quotes from multiple suppliers, allowing you to compare prices, contract terms, and services offered. Selection: Based on the comparison results, choose the utility provider that best meets your needs and budget. Consider factors such as price, customer reviews, contract terms, and any additional services or benefits offered. Contract Negotiation: Once you've chosen a new provider, our team can help negotiate the contract terms and rates on your behalf. Switching Process: The switching service will coordinate the transition with your current supplier and the new provider. This may involve submitting termination notices, arranging meter readings, and scheduling the activation of new services. Enjoy the Savings: After the switch, you'll start receiving services from your new provider, typically at the agreed-upon rates. You will notice savings on your utility bills, providing you with cost advantages for your business. Remember, the exact process may vary depending on the type of utility you are switching, but our switching service aims to simplify the process and assist you at every step.
  • Who are the cheapest business utility providers?
    As market conditions and prices fluctuate regularly, it's challenging to provide an up-to-date and definitive list of the cheapest business utility providers. The prices we provide you are valid and available on the day of the quote and will provide most current and competitive deals available. Our switching service helps you compare prices and offers from multiple suppliers, ensuring you have the most accurate and relevant information to make an informed decision about your business utility provider.
  • What is energy procurement?
    Energy procurement is the process of sourcing, negotiating, and securing energy contracts to meet the specific needs of a business. It involves analysing energy consumption patterns, understanding market trends, and negotiating with suppliers to obtain the best possible rates and contract terms.
  • Why is energy procurement important for my business?
    Energy procurement ensures that your business secures energy contracts that are both cost-effective and aligned with your operational needs. Proper energy procurement can lead to significant cost savings, budget predictability, and reduced risks associated with volatile energy markets.
  • How does The Smart Energy Company help with energy procurement?
    We specialise in analysing your energy consumption, understanding your specific needs, and leveraging our relationships with over 20 suppliers to negotiate the best possible contracts on your behalf. Our team ensures you get optimal rates, flexible terms, and contracts that align with your business goals.
  • How do you ensure I get the best energy rates?
    Our team continuously monitors the energy market, staying updated with trends, price fluctuations, and supplier offerings. Coupled with our in-depth analysis of your energy needs and consumption patterns, we negotiate with suppliers to secure rates that are both competitive and suited to your business.
  • Are there any hidden fees associated with your energy procurement services?
    Transparency is a core value at The Smart Energy Company. We provide a clear breakdown of any commission we earn as a company when you come to agree any new energy contract. This is typically included as an uplift in your unit rate and paid to us by the supplier you chose to go to. Our primary goal is to secure the best energy deals for you, with no hidden costs.
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Your Business Energy

At The Smart Energy Company, we're committed to offering tailored solutions that fit your energy needs perfectly. By staying ahead of market trends, we ensure you're always equipped with the most efficient and sustainable energy options. We take pride in our client-driven approach, where your feedback shapes our continuous improvement.


Why not schedule a complimentary consultation with one of our energy experts today? Let's find the perfect energy solution tailored to your business.

See What Our Clients Say About Us


Very helpful, quick expert advice. We have been using Smart Energy for a while.


Ian Hughes

Operation Manager

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