For business energy contracts if you don’t terminate your existing agreement together with your current provider, then your current provider will and can extend the contract for one more year. Sadly, as this can mechanically happen then you'll be able to expect a major increase in your standing charge and unit rates. you're then stuck during this new higher rate for succeeding 12-months.
Past few years our compare gas and electricity or energy consultants have seen several examples of this, with some suppliers virtually doubling the bills of its customers throughout this era. Keep in mind if you don’t terminate your contract you’ll see substantial will increase for yourself. And once you've got terminated remember to then sign a replacement agreement otherwise you’ll be placed on “out of contract” rates together with your current provider.
Our business energy team of experts will advocate you a proper notice of termination to your current business energy provider and ensure once your current contract comes to an end. This avoids any potential out of energy contract rates and ensures that you just will quickly and smoothly transfer to a replacement provider, while no objection from your existing energy supplier.
Be sure to supply any final meter readings and settle any outstanding debt on your account to avoid any delay within the process of the transfer of your new contract. And also you'll you can get some additional info on the termination method simply contact us & our friendly consultant's will compare business energy and also give you some guidance that you can use it on your termination letter or you can get cheap business energy.
For more info: https://www.rtutilities.com/compare-energy/business-energy/
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