4 things most people don’t know about their energy contract

The last 12 months have been turbulent. Many organisations have faced unprecedented uncertainty, with a return to business as usual still out of sight.

Buy energy ‘little and often’ rather than fixed long term

Buying a fixed-price energy contract once a year or every two years could be a lot more risky than going into a flexible contract and buying “little and often” as price opportunities arise throughout the term. That’s the view of Mark Alston, Director at ENER-G Procurement, who believes a lot of buyers “don’t seriously consider” […]

Businesses advised to ‘act now’ in renewing energy contracts

UK businesses are being urged not to delay in renewing their energy contracts as they could face being switched to expensive ‘rollover’ tariffs. Mark Alston, Director of ENER-G Procurement is advising companies to “act now” – despite the traditional April contract renewals – in order to avoid being hit by heftier energy bills. He says: […]

Should auto-rollover energy contracts be banned?

With businesses being locked into energy contracts as a result of automatic rollovers, usually having to face higher bills, should Ofgem ban them altogther? ELN Reporter Priyanka Shrestha looks at how small firms have been affected and what the energy regulator and suppliers should be doing to help.

British Gas ends auto-rollover for business energy customers

British Gas has announced it will no longer sell products to business customers that automatically commit them to further fixed-term energy contracts. Existing customers who reach the end of their contract before June next year will be able to move to a non-rollover contract whilst products without auto-rollovers will be launched in September for new […]

EDF ‘first’ to offer small businesses flexible energy tariffs

EDF Energy is offering small and medium sized businesses a new “more flexible” energy tariff with no fixed end date, it announced today. EDF will also publish the prices of the new contract on its website. The supplier says the new ‘Freedom for business’ tariff is a variable priced contract which customers are free to […]

Longer-term business energy contracts ‘work out cheaper’

Businesses are being urged to sign up to three-year energy deals as they will be “better off” than those in short-term contracts. That’s the advice from an online business electricity and gas price comparison site, which revealed prices have spiralled by more than 11% on average in the past 12 months and firms that signed […]