Ecotricity Out of Contract Rates – Effective 1st November 2024

Understand Ecotricity’s Out of Contract Rates and Avoid Higher Costs

If your business energy contract with Ecotricity has ended and you haven’t renewed or switched suppliers, you’ll automatically be placed on their Out of Contract (Variable) Rates. While these rates ensure continuity of supply, they are often significantly higher than fixed-term tariffs and are subject to change based on market conditions.



In this blog, we’ll explain Ecotricity’s current Out of Contract rates, the potential impact on your business, and how The Smart Energy Company can help you secure a better deal.

What Are Ecotricity’s Out of Contract Rates?

Ecotricity’s Out of Contract rates apply when:

• A fixed-term contract has expired.
• No new contract has been agreed upon.
• A switch to a new supplier has not been completed.

These rates are variable and subject to market conditions. They include:

• A Unit Rate (p/kWh) applied to energy consumed.
• A Standing Charge (p/day) to cover distribution, metering, and administrative costs.
• Additional Pass-Through Charges for Half-Hourly meters, such as DUoS (Distribution Use of System), TNUoS (Transmission Network Use of System), and Reactive Power charges.

Ecotricity Out of Contract Rates – November 2024

Electricity Rates (Half-Hourly and Non-Half-Hourly)

While Ecotricity’s Out of Contract electricity rates vary by site and meter type, the majority of rates hover around 30p/kWh, with specific standing charges tailored to your location.

Note: Final rates depend on your site’s GSP (Grid Supply Point) grouping and DUoS banding.

Gas Rates

Key Details About Ecotricity’s Out of Contract Rates

• Higher Costs:
• Out of Contract rates are typically much higher than fixed-term tariffs to account for market risks and administrative costs.
  
  
• Unpredictable Pricing:
• Rates may change with little notice, making it difficult to budget accurately.
  
  
• Exclusions for Half-Hourly Meters:
• Additional costs, such as DUoS Capacity, Excess Capacity, Reactive Power, and Meter Maintenance, are passed through directly to customers.
  
  
• Exclusions for All Customers:
• Rates exclude VAT, CCL (Climate Change Levy), and any government-imposed taxes or support schemes.

How These Rates Impact Your Business

Remaining on Ecotricity’s Out of Contract rates can lead to:

• Higher Bills: Variable rates often result in significantly increased energy costs.

• Uncertain Expenses: Without fixed pricing, budgeting becomes more challenging.



• Missed Savings Opportunities: Fixed-term contracts offer predictable rates and lower costs.

How The Smart Energy Company Can Help

At The Smart Energy Company, we help businesses avoid high Out of Contract rates by securing competitive fixed-term energy contracts.

Our Services Include:

• Full Market Comparison:
• We compare rates across 25+ trusted suppliers to find the best deal for your business.
  
  
• Hassle-Free Switching:
• From negotiation to supplier transition, we handle the entire process for you.
  
  
• Tailored Solutions:
• Our experts ensure your contract matches your energy usage and budget.

FAQs About Ecotricity Out of Contract Rates