top of page
Keyboard and Mouse

Navigating Npower's Out of Contract Rates: Avoid Unexpected High Costs | The Smart Energy Company

In an energy landscape that's as dynamic as it is complex, staying informed about your supplier's rates isn't just good practice—it's essential for maintaining control over your business's energy costs. As Npower updates its Out of Contract rates, understanding these changes becomes crucial for businesses aiming for significant energy savings. At The Smart Energy Company, we're committed to providing you with the latest information and guidance on Npower's Out of Contract rates, helping you make the most informed decisions for your energy needs and ensuring you're not overpaying.

Npower logo

Prices in this blog are accurate as of 19/02/2024.

Why Staying Updated on Npower's Out of Contract Rates Matters:

Out of Contract rates typically apply when your existing energy contract ends, and you haven't yet signed a new one or switched to a different energy supplier. These rates are often significantly higher than contracted rates, making it crucial for businesses looking to maximise their energy savings to avoid them whenever possible. With Npower updating their OOC rates, businesses could face different cost implications, highlighting the importance of staying ahead with timely and strategic energy planning.

Understanding Npower's OOC Rates: Effective from 1st January 2024

Non Half Hourly

Effective 01/01/2024

All Time Units



Fixed Charge



Half Hourly (LV/HV) Default

Effective 01/01/2024

All Nights (00:30 - 07:30)



Non-Business Days (all other times)



Nov - Mar Business Day Units (07:30 - 00:30) Mon - Fri



Apr - Oct Business Day Units (07:30 - 00:30) Mon - Fri



Standing Charge



Capacity Charge




Effective 01/01/2024




Standing Charge (£/day)

Unit Rate (p/kWh)


0 kWh

73,200 kWh




73,201 kWh

732,000 kWh




732,001 kWh

999,999,999 kWh



The Impact of Rate Changes on Energy Savings for Businesses:

Any changes in OOC rates can have a substantial impact on your business's energy bills, especially if you find yourself without a contract for an extended period. These changes underscore the necessity of either negotiating a new contract in a timely manner or considering a switch to a supplier that offers more favourable terms for energy savings for businesses.


A Costly Oversight: The Real Impact of Npower's OOC Rates on Your Energy Savings

With the latest OOC rates from Npower effective from 1st January 2024, businesses not promptly transitioning to a new contract or an alternative supplier could face steep increases in their energy bills. Let's break down what this means in real terms for a typical business and compare it to the savings possible through The Smart Energy Company.

Illustrative Comparison: Npower's OOC Rates vs. The Smart Energy Company's Offerings

For a hypothetical business consuming 50,000 kWh of electricity annually, the cost implications under Npower's OOC rates versus a more competitive rate sourced by The Smart Energy Company are stark.

Under Npower's Out of Contract Rates from 1st January 2024:

  • Electricity Cost: 44.698 p/kWh * 50,000 kWh = £22,349

  • Standing Charge: 176.50 p/day * 365 days = £644.22

  • Total Annual Cost: £22,993.22

With The Smart Energy Company's Sourced Rates:

  • Electricity Cost: 18.00 p/kWh * 50,000 kWh = £9,000

  • Standing Charge: (Assuming a more competitive daily rate of 30 p/day) 30.00 p/day * 365 days = £109.50

  • Total Annual Cost: £9,109.50

Potential Savings with The Smart Energy Company:

  • Cost Difference: £22,993.22 (Npower OOC) - £9,109.50 (The Smart Energy Company) = £13,883.72

  • Percentage Savings: Approximately 60.38%


Navigate the Energy Labyrinth with The Smart Energy Company

Don't let the intricacies of the energy market bog you down. If you're considering a switch from Npower's Out of Contract rates to secure better energy savings for your business, choose transparency and commitment with The Smart Energy Company. Our relentless pursuit for honesty has not only earned us accolades on TrustPilot but also solidified our reputation as a trusted partner for businesses looking to switch energy suppliers and get the best in the market.


Discover What You Could Save Without Any Strings Attached

If Npower is your current supplier and your contract is approaching its end, or you're already experiencing the weight of OOC rates, it's high time to react. Click on 'Quote My Business' on our website, and let us assist you in navigating the options to switch energy suppliers. Let's make your next energy choice the smartest one yet, ensuring your business benefits from the best possible energy savings.

Got questions? Feel free to call us at 0151 459 3388 or email us at Let's work together to find you the best energy savings solutions in the market.

177 views0 comments


Keep Up To Date With Market Updates


Securing your next energy contract at the optimum moment is essential for fully realising your savings opportunities. Provide your details below to gain access to weekly market updates, giving you the advantage to make informed purchasing decisions at the right time.


Bid farewell to aggressive sales approaches from other brokers and take charge with confidence!

You're Subscribed! Look out for your first report soon!

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.
Business Meeting

Unlock the Potential of
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

Group of Bars

bottom of page