Corona Energy's Out of Contract Rates (Effective November 2024)

Avoid Price Hikes: What You Need to Know About Corona Energy's Out of Contract Rates

If your contract with Corona Energy has expired or been terminated and you haven’t switched to a new supplier, you’ll automatically move to their out of contract rates. These rates, while ensuring continuity of service, are significantly higher than fixed-term tariffs, resulting in increased costs for your business.



In this blog, we’ll break down Corona Energy’s out of contract rates for gas and electricity, explain the impact on your business, and show you how The Smart Energy Company can help you secure a better deal.

What Are Corona Energy’s Out of Contract Rates?

Corona Energy applies out of contract rates to businesses that continue using their services after their fixed-term agreement ends. These rates include:

• A standing charge to cover third-party distribution, metering, and administration costs.

• A unit rate, charged per kilowatt-hour (kWh) of energy consumed.



• A capacity charge for half-hourly electricity customers to cover distribution network costs.

Note: All rates exclude VAT, Climate Change Levy (CCL), and certain pass-through charges, such as DUoS (Distribution Use of System) and TNUoS (Transmission Network Use of System) fees for half-hourly and non-half-hourly meters.

Here’s a breakdown of their current rates:

Gas Rates (Effective November 2024)

Non-Half-Hourly (NHH) Electricity Rates (Effective November 2024)

Half-Hourly (HH) Electricity Rates (Effective November 2024)

The Impact on Your Business

Remaining on Corona Energy’s out of contract rates can lead to:

• Substantially Higher Costs:

• Electricity rates as high as 32.68p/kWh and gas rates as high as 7.44p/kWh can inflate your energy bills.

• Standing charges for gas can reach £53.89/day, significantly increasing costs for high-consumption businesses.

• Budgeting Challenges:

• Out of contract rates can fluctuate frequently, making it harder to plan your expenses.

• Missed Savings Opportunities:

• Fixed-term contracts typically offer much lower rates and greater stability.
  

How The Smart Energy Company Can Help

At The Smart Energy Company, we help businesses like yours avoid excessive out of contract rates by securing the best deals in the market.

Here’s how we assist:

• Comprehensive Market Comparison:
• We compare rates across 25+ trusted suppliers to find the most competitive options for your business.

• Seamless Transition:
• From contract negotiation to supplier switching, we handle everything for you.

• Cost-Saving Expertise:
• Our tailored solutions ensure you secure the best rates for your energy usage.

• Proactive Contract Management:
• Never risk rolling onto out of contract rates again—our team ensures you’re always on the best plan.

Why Act Now?

Every day you remain on deemed or out-of-contract rates with Corona Energy could cost your business hundreds of pounds unnecessarily. By switching to a fixed-term contract through The Smart Energy Company, you can:

• Cut Costs: Access significantly lower rates.

• Secure Stability: Lock in predictable pricing.

• Focus on Growth: Let us handle the transition while you focus on your business.

FAQs About Corona Energy’s Out of Contract Rates

Take Action Today

Don’t let Corona Energy’s out of contract rates drain your business’s finances. Upload your latest bill today, and let The Smart Energy Company find the best deal for you.



Contact us today for a free, no-obligation quote:

Call us: 0151 459 3388

Email us: info@smart-energy.uk

Get a quote online: