Jellyfish Energy's Out of Contract and Deemed Energy Rates

Thomas McGlynn • 4 December 2024

Avoid Overpaying: A Guide to Jellyfish Energy’s Deemed Rates

A man with glasses is looking at a piece of paper.

If your energy contract with Jellyfish Energy has expired, or you haven’t signed a new agreement, you’ll automatically be charged their deemed rates. These rates ensure a continuation of supply but come at a premium compared to fixed-term contracts.



In this blog, we’ll outline Jellyfish Energy’s latest deemed rates, explain their financial implications, and show how The Smart Energy Company can help you secure better deals.

What Are Jellyfish Energy Deemed Rates?


Deemed rates apply when:


  • A customer’s fixed-term contract expires without renewal or supplier switch.
  • Gas or electricity is supplied without a formal agreement in place.


Deemed rates include:


  • Unit Rates (p/kWh): Charges for energy consumed, varying by meter type or usage band.
  • Standing Charges (p/day): Fixed daily costs applied to maintain supply.


These rates are notably higher than fixed-term tariffs, incentivising customers to secure a formal contract.

Jellyfish Energy Deemed Rates – Latest Pricing

Electricity Rates

Profile Class Unit Rate (p/kWh) Standing Charge (p/day)
01-04 Profile 60.00 250.00
05 - 08 Profile 60.00 250.00

Gas Rates

Usage Band Unit Rate (p/kWh) Standing Charge (p/day)
Band 1 15.00 400.00
Band 2 15.00 400.00
Band 3 15.00 400.00
Band 4+ 15.00 400.00

Key Details About Jellyfish Energy Deemed Rates


  • Pricing Adjustments:
  • These rates may change at any time to reflect market conditions, making budgeting unpredictable.


  • Simplified Tariffs:
  • Jellyfish Energy applies the same rates across all profiles and bands, streamlining the process but leaving limited room for negotiation.


  • Excluded Costs:
  • All rates exclude VAT, Climate Change Levy (CCL), and any applicable government-imposed taxes or support schemes.

How These Rates Impact Your Business


Remaining on Jellyfish Energy’s deemed rates can lead to:


  • Increased Energy Costs:
  • Unit rates of 60.00p/kWh for electricity and 15.00p/kWh for gas are considerably higher than fixed-term tariffs.


  • Reduced Budget Predictability:
  • Variable deemed rates can change without notice, complicating financial planning.


  • Missed Opportunities for Savings:
  • Fixed-term agreements often provide more competitive rates, resulting in long-term savings.

How The Smart Energy Company Can Help


At The Smart Energy Company, we specialise in helping businesses avoid high deemed rates by finding tailored energy solutions.



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.

FAQs About Jellyfish Energy Deemed Rates

  • What happens if I don’t renew my Jellyfish Energy contract?

    You’ll be charged deemed rates, which are significantly higher than fixed-term tariffs.

  • Can I switch suppliers while on deemed rates?

    Yes, you can switch at any time without penalty, provided your account is up-to-date.

  • How can I avoid Jellyfish Energy’s deemed rates?

    Renew your contract or switch to a new supplier before your fixed-term agreement ends.

Act Now to Avoid High Variable Rates


Don’t let Jellyfish Energy’s deemed rates affect your bottom line. Contact The Smart Energy Company today to find a more competitive energy solution tailored to your needs.


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


Call us: 0151 459 3388

Email us: info@smart-energy.uk

Get a quote online:

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