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Writer's pictureTom McGlynn

Ruby Energy (Formerly BES Utilities) Out-of-Contract Rates: What You Need to Know

If your energy contract with Ruby Energy has ended and you haven’t agreed to a new deal or switched suppliers, your business will automatically be placed on what’s called a ‘Default’ contract—also known as out-of-contract (OOC) rates. These rates are typically higher than negotiated contract rates, which can lead to increased energy costs for your business. Below, we provide the latest Ruby Energy OOC rates and explain how you can avoid paying these elevated prices by securing a personalised energy quote with us.


banner to show what rates BES Utilities and Ruby Energy will charge when the contract comes to an end

Ruby Energy Out-of-Contract Rates (Correct as of 18/09/2024)


If you’ve been placed on Ruby Energy’s Default contract, the following out-of-contract rates will apply:


Electricity:


Standing Charge (pence per day)

Consumption (pence per kWh)

Non Half Hourly (PC 01-08)

300

46.2

Half Hourly (PC 00)

500

42.7


Gas:

AQ BAND

Standing Charge (pence per day)

Consumption (pence per kWh)

0 - 73,200 kWh

450

11.96

73,201 - 293,000 kWh

600

7.86

293,001 Above

850

7.86

 

What Are Out-of-Contract Rates and Why Should You Act?


Out-of-contract rates, also referred to as “Default” contracts, are significantly higher than the rates you would pay under a fixed-term or negotiated energy deal. If your business has been placed on Ruby Energy’s Default contract, you’re likely paying more for your energy than necessary.


Out-of-contract rates are meant to be temporary, so it’s crucial to act fast to avoid these elevated costs. Renewing your contract or switching suppliers can save your business a substantial amount in energy expenses.


 

How to Avoid Out-of-Contract Rates


At The Smart Energy Company, we can help your business avoid paying these higher rates by securing a better deal for your energy needs. Whether you wish to stay with Ruby Energy or switch to another supplier, our team can provide you with a competitive quote that’s tailored to your business.


With access to over 20 trusted energy suppliers, we’ll ensure you get the best rates possible. Our dedicated account managers are here to handle everything, from negotiating rates to managing your contract renewal—so you can focus on running your business.



 

Learn More About Ruby Energy (Formerly BES Utilities)


Ruby Energy, formerly known as BES Utilities, has undergone significant changes with its rebranding. If you’re considering staying with Ruby Energy or want to explore how they compare with other suppliers, it’s important to understand their offerings.


For a full review of Ruby Energy, including contract options, pros and cons, and customer feedback, visit our in-depth supplier page here.


 

Compare Ruby Energy with Other Suppliers

Not sure if Ruby Energy is the best fit for your business? We work with over 20 trusted suppliers, providing you with a comprehensive view of your options. By visiting our supplier comparison page, you can explore rates, contract options, and services from leading suppliers, helping you make an informed decision.

 

Why Choose The Smart Energy Company?


  • Tailored Energy Solutions: We customise energy deals to fit your specific business needs, ensuring you never pay more than necessary.

  • Transparent Pricing: Our pricing is straightforward, with no hidden fees—what you see is what you pay.

  • Expert Support: Our dedicated account managers provide personalised support from start to finish, making the process easy and stress-free.

  • Free Market Insights: We offer regular updates on energy market trends so you can make informed decisions about when to renew or switch suppliers.


 
What happens if I don’t renew my Ruby Energy contract?

A: If your contract expires and you haven’t renewed or switched suppliers, your business will be automatically moved onto Ruby Energy’s Default contract, which has higher out-of-contract rates.

Can I stay with Ruby Energy but get a better deal?
How do I know if I’m on out-of-contract rates?

Don’t wait—request your free, no-obligation quote now and discover how much you could save by switching or renewing your energy contract.


0151 459 3388 | info@smart-energy.uk

Contact us for a bespoke energy quote and start saving now!





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