When your business’s energy contract with Jellyfish Energy expires and you haven’t secured a new agreement, you will automatically be placed on their out-of-contract rates. These rates, which are the same as deemed rates, are generally higher than those offered in fixed-term contracts. This makes it important for businesses to understand the potential impact on their energy bills.
Below is a breakdown of Jellyfish Energy’s out-of-contract rates for both electricity and gas.
Current Jellyfish Electricity Out-of-Contract 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 |
Your electricity meter profile class can be found on your electricity invoice under the supply number. The first two digits in the top line of your supply number indicate the profile class of your meter.
Current Jellyfish Gas Out-of-Contract 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 |
Gas bands are determined by your Annual Quantity (AQ), which is the estimated figure for your gas usage over a 12-month period, derived from meter readings.
Why You Should Act Quickly
Staying on Jellyfish Energy’s out-of-contract rates for an extended period could result in significantly higher costs for your business. At 60.00 p/kWh for electricity and 15.00 p/kWh for gas, these rates are much higher than competitive fixed-term contracts, which could potentially be 50% to 60% lower.
By securing a new contract, you can avoid price hikes and ensure your business benefits from stable and predictable energy costs.
How to Avoid Paying Higher Rates with Jellyfish Energy
At Smart Energy Company, we help businesses avoid the pitfalls of out-of-contract rates by securing more competitive energy deals. Whether you want to remain with Jellyfish Energy or explore other suppliers, we provide tailored quotes to meet your energy needs.
Our Services Include:
Tailored Quotes: Compare rates from over 20 trusted suppliers, including Jellyfish Energy.
Hassle-Free Switching: We manage the entire process, from comparing rates to finalising the switch, ensuring a smooth transition.
Market Insights: Get regular updates on energy market trends to help you lock in a contract at the right time.
See How EDF Energy Stacks Up Against Other Suppliers
Curious to know how Jellyfish Energy compares to other energy providers? Visit our supplier comparison page to explore rates and services from different energy companies. For more details about Jellyfish Energy, visit their dedicated page here.
0151 459 3388 | info@smart-energy.uk
Comments