FAQ Category: Energy Contracts

The main types of business energy contract are fixed-rate, variable-rate, deemed, out-of-contract, rollover or evergreen, and flexible contracts. The type of agreement determines how prices can...

A three-year fixed business energy contract can provide useful budget certainty, but it is not automatically the right choice for every organisation. With a fixed contract, the agreed unit rates...

Usually not. Business energy contracts generally do not have the automatic cooling-off period that consumers may expect when buying some domestic products or services. Ofgem states that there is no...

Yes. A business energy contract is normally legally binding once the business and supplier have agreed to its terms. A handwritten signature is not always required: microbusiness and small-business...

There is no standard exit fee for a business energy contract. Whether a fee applies, and how much it will cost, depends on the agreement you have entered into with the supplier. Most fixed-term...

A business energy contract sets the price and terms under which a supplier provides electricity or gas to a business premises. The amount you pay will normally include a price for each kilowatt...