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PE (formerly Pozitive Energy)'s Out of Contract Rates: An In-Depth Analysis

Updated: Apr 2


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PE (formerly Pozitive Energy) Out of Contract Rates


Prices correct as of 18/03/2024


Introduction: In the ever-changing landscape of the energy market, understanding the intricacies of your utility contract is pivotal. It's not just about getting the best rates; it's about knowing what happens when those contracts expire. Today, we're spotlighting the often-overlooked, yet costly, Out of Contract (OOC) rates, with a focus on PE Energy.


The Hidden Costs of PE Energy's Out of Contract Rates:

When your energy contract concludes, and you haven't yet secured a new deal or renewal, you enter the OOC rate period. During this time, PE charges rates considerably higher than your regular contract, leading to an unexpected rise in energy costs.


PE Energy's Current Out of Contract Rates


As your business plans ahead, it's crucial to stay informed about upcoming changes to energy rates. PE Energy's Out of Contract and Deemed Rates are set to increase from 1st April 2024. Here’s what you need to know about the new rates as electric set to increase by 42.86 and gas by 50%!!(exclusive of VAT):


Standard Out of Contract & Deemed Rate

(exclusive of VAT)

Prices from 01/04/2024

Standing Charge (pence/Day)

Unit Rate (pence/kWh)

Single Electricity

150

50

Day & Night Electricity

150

50

Day & Eve/WE Electricity

150

50

Day, Night & Eve/WE Electricity

150

50

Gas

150

12

From 01/01/2024 up to 31/03/2024, Electricity is charged at 35p/kWh with Gas charged at 8p/kWh! Standing charge remains at £1.50 per Day.


The Impact of Not Acting Promptly:

Delaying the renewal of your energy contract could lead to your business paying these increased OOC rates. For instance, a business on a standard electricity tariff could see their unit rate costs reduce under the new rates, whereas gas prices show a decrease per kWh. However, considering the market's volatility, these rates could fluctuate further, and the risk of paying more than necessary increases the longer you remain out of contract.


Proactive Energy Contract Management with The Smart Energy Company:

This is where The Smart Energy Company can be your strategic ally. With our expertise and real-time market insights, we assist you in securing a new contract at the most opportune time, potentially mitigating the impact of rate increases. Our goal is to ensure your business is not caught off-guard by these changes and that your energy spend is optimised.


 

Discover More About PE Energy:


Understanding your supplier is key to managing your energy strategy successfully. For a deeper dive into the features, benefits, and offerings of Pozitive Energy, visit our detailed supplier page. Gain the insights you need to make an informed decision about your energy future.





Time to Evaluate Your Contract with PE Energy?


If your contract's end is approaching, or it has already expired, immediate action is vital. A brief consultation with us could unveil potential savings and secure your energy rates, ensuring you avoid the upcoming price hikes. Don't let your business suffer from high OOC rates — a couple of minutes with our experts could safeguard your energy expenses.


 

The energy market, with its complexities and fluctuating rates, should be navigated with a reliable guide. The Smart Energy Company is dedicated to demystifying this process for you. With our partnership, you won't be surprised by OOC rates from suppliers like Pozitive Energy. Together, we'll ensure your energy decisions are smart and informed.


Ready to optimise your energy contract? Speak to one of our specialists today and take the first step towards more predictable energy management.



0151 459 3388 | info@smart-energy.uk

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