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Yorkshire Gas and Power Out Of Contract Rates: A Comprehensive Guide

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Information provided is accurate as of 21/02/2024.


Navigating the complexities of the energy market requires strategic insight and proactive management, particularly when faced with the fluctuating out-of-contract rates supplied by energy providers like Yorkshire Gas & Power. With their latest rates effective from 08 December 2023, businesses may find themselves facing significant increases in energy costs. However, Smart Energy Company offers a beacon of hope, securing significantly lower average rates for electricity and gas. This blog post explores the cost implications of Yorkshire Gas & Power's out-of-contract rates and demonstrates how Smart Energy Company can facilitate substantial savings.


Yorkshire Gas & Power Out of Contract Rates: What You Need to Know

Yorkshire Gas & Power's latest out-of-contract rates present a significant consideration for businesses operating without a fixed energy contract or those whose contracts have expired. Here are the details of the new rates:

Deemed and Default Out of Contract Rates

Effective from: 08/12/2023

Electricity non-Half Hourly Unit Rate (pence per kWh)

40.00

Electricity non-Half Hourly Standing Charge (pence per day)

196.00

Electricity Half Hourly Unit Rate (pence per kWh)

40.00

Electricity Half Hourly Standing Charge (pence per day)

1300.00

Electricity Half Hourly Capacity (pence per kVa per day)

13.9

Gas Unit Rate (pence per kWh)

15.28

Gas Standing Charge (pence per day)

240.23

Impact on Businesses

The new out-of-contract rates from Yorkshire Gas & Power signify a pivotal moment for businesses, especially those not currently tied to a fixed energy contract. The substantial increase in both the standing charges and unit rates for electricity and gas supplies can have a profound impact on operational costs. Particularly, the high standing charge for half-hourly electricity supplies underscores the importance of efficient energy management and the potential financial implications of remaining out of contract.


Navigating the Changes with Smart Energy Company

In response to Yorkshire Gas & Power's updated rates, businesses must proactively seek ways to mitigate the impact of these increases on their energy expenses. This is where Smart Energy Company steps in. Specialising in energy efficiency and cost reduction, we offer a range of services designed to help businesses navigate the complexities of the energy market:


  • Energy Audits: Comprehensive assessments to identify inefficiencies and areas for improvement in your energy usage.

  • Contract Negotiation: Assistance in securing the most favourable terms for your energy contracts, avoiding the pitfalls of out-of-contract rates.

  • Market Insights: Receive regular market updates at your preferences, whether that is Daily, Weekly or Monthly to help guide your decision on when to purchase your next contracts.


Conclusion

The recent update to Yorkshire Gas & Power's out-of-contract rates serves as a critical reminder of the importance of staying within a contracted energy supply. The significant increases in charges highlight the potential financial risks businesses face in the current energy climate. However, with the support and expertise of Smart Energy Company, businesses can not only navigate these challenges but also emerge more energy-efficient and cost-effective. Embracing strategic energy management and innovative solutions is key to overcoming the impact of these rate changes and securing a sustainable, profitable future.


 

For more details, ring us at 0151 459 3388 or drop an email to info@smart-energy.uk. Your next smart energy decision is merely a click away.



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

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