As your partnership with SEFE Energy concludes, being aware of out of contract rates is essential for maintaining control over your energy expenses. These rates become applicable when an existing contract ends, and a new one hasn't been established. Our goal at The Smart Energy Company is to ensure you navigate this transition smoothly, avoiding unexpected increases in your bills.
SEFE Energy Out of Contract Rates Overview
SEFE Energy categorises out of contract rates into two main groups: microbusinesses and non-microbusinesses. Microbusinesses are charged based on their annual gas consumption, with rates tiered according to the volume used. This tier system ensures that the daily standing charge and unit rate are adjusted to match your business's consumption level.
Non-microbusiness rates are more tailored, including specific daily standing charges and unit rates based on detailed energy use. Electricity rates also vary, depending on your customer type as specified by your Distribution Network Operator (DNO).
Highlighting Specific Rates - Effective 01/04/2024
Electricity Supply Rates
Rates are customer-type specific and include all applicable third-party costs.
Please contact us to check your customer type should you wish.
Microbusiness and non‐microbusiness Out of Contract Rates
*this includes a daily administration charge.
Natural Gas Supply Rates
Just as with electricity, remaining out-of-contract with your natural gas supply can lead to escalated costs. Here's a breakdown of the current OOC rates for natural gas.
Note: Rates include a daily administration charge.
Band | Min AQ (KWh) | Max AQ (KWh) | Out of Contract Unit Rate (p/KWh) | Daily Standing Charge* (£/day) |
1 | 0 | 12499 | 5.59 | £2.50 |
2 | 12500 | 27599 | 5.59 | £2.85 |
3 | 27600 | 42699 | 5.59 | £3.41 |
4 | 42700 | 57799 | 5.59 | £4.00 |
5 | 57800 | 73200 | 5.59 | £4.69 |
6 | 73201 | 117200 | 5.59 | £4.60 |
7 | 117201 | 161200 | 5.59 | £5.60 |
8 | 161201 | 205200 | 5.59 | £6.57 |
9 | 205201 | 249200 | 5.59 | £7.50 |
10 | 249201 | 293071 | 5.59 | £8.16 |
*this includes a daily administration charge. If your AQ is higher than 293,071 (the band 10 upper threshold) you will be charged a site‐specific daily standing charge.
†Microbusiness definition
To be classified as a micro business, customers must meet at least one of the following criteria:
Have fewer than 10 employees and an annual turnover or balance sheet total of less than €2 million
Consume less than 293,071 kWh of gas per year
Consume less than 100,000 kWh of electricity per year
How The Smart Energy Company Can Assist
Given the complexity and potential cost implications of these out of contract rates, The Smart Energy Company offers expert guidance to help you avoid or minimise these charges. Whether you're a microbusiness or a larger enterprise, our team can provide a bespoke quote that could offer significant savings against SEFE Energy's out of contract rates.
Act Now
Don't let your business get caught out by high out of contract rates. Contact The Smart Energy Company today for a free energy audit and tailored advice. Our independent energy consultancy is dedicated to delivering transparency and savings for our clients.
For more detailed information on SEFE Energy's out of contract rates and to find out how we can help, visit our website or get in touch directly.
Have questions or need guidance? Our dedicated team is just an email or call away.
info@smart-energy.uk | 0151 459 3388
Comments