If your business’s energy contract with Corona Energy expires or is terminated without being renewed, your account will be placed on their out-of-contract rates. These rates tend to be much higher than contracted prices, leading to significantly increased costs. Below, we provide the most recent out-of-contract rates for Corona Energy as of July 2024 for both gas and electricity.
Corona Energy Out-of-Contract Rates (Effective July 2024)
Electricity Non Half-Hourly
Date | Unit Rate (p/kWh) | Standing Charge (£/day) |
From 01/07/2024 | 29.90 | 5.32 |
Electricity Half-Hourly
Date | Unit Rate (p/kWh) | Standing Charge (£/day) | Additional Notes |
From 01/07/2024 | 29.17 | 13.67 | *DUoS & TNUoS Fixed Charges, plus DUoS Capacity Charges are passed-through for HH meters and is not included in these rates |
Gas
Band | Band | Unit Rate (p/kWh) | Standing Charge (£/day) |
Band 1 | <73,200 | 5.86 | 5.42 |
Band 2 | 73,201 - 300,000 | 5.86 | 9.48 |
Band 3 | 300,000 - 750,000 | 5.86 | 20.95 |
Band 4 | 750,001 - 1,450,000 | 5.86 | 33.68 |
Band 5 | 1,450.001 - 3,000,000 | 5.86 | 53.89 |
Band 6 | >3,000,000 | 5.86 | Site Specific |
What Are Out-of-Contract Rates and Why Should You Act?
Out-of-contract rates are significantly higher than the rates you’d pay under a fixed-term energy contract. These default rates are designed as a temporary solution, but they can greatly increase your energy costs if left unaddressed.
If your contract with Corona Energy has ended, securing a new deal could save your business a significant amount of money.
How to Avoid Out-of-Contract Rates
At The Smart Energy Company, we work with businesses to secure the best rates, whether you choose to renew your contract with Corona Energy or explore options with other suppliers. Our personalised quotes ensure you receive a deal that fits your business’s specific needs and energy usage.
Learn More About Corona Energy
Corona Energy offers flexible energy solutions designed to meet the needs of various businesses. Whether you’re looking to stay with them or switch to another supplier, it’s important to understand how they compare with other options.
To learn more about Corona Energy’s services and how they stack up against other suppliers, visit our in-depth supplier page here.
Compare Corona Energy with Other Suppliers
Not sure if Corona Energy is the best option for your business? Visit our supplier comparison page to see how Corona Energy compares with other top UK energy providers. We work with over 20 suppliers, offering competitive rates and tailored solutions for your business.
Why Choose The Smart Energy Company?
Tailored Energy Solutions: We help businesses secure the best energy deals based on their specific needs.
Transparent Pricing: No hidden fees—just clear, competitive rates.
Expert Support: Our dedicated account managers provide end-to-end support throughout the process.
Free Market Insights: Stay informed with our regular energy market updates and find the best time to renew or switch.
FAQs About Corona Energy Out-of-Contract Rates
What happens if I don’t renew my Corona Energy contract?
If your contract expires, you will be placed on Corona Energy’s out-of-contract rates, which are significantly higher than their contracted rates.
How can I avoid these higher rates?
Can I stay with Corona Energy and get a better rate?
Don’t wait—request your free, no-obligation quote now and avoid higher out-of-contract rates with Corona Energy.
0151 459 3388 | info@smart-energy.uk
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