Did you know that being on out-of-contract rates with Total Energies can significantly inflate your energy costs? Many businesses miss their renewal notices and end up paying considerably higher rates. This blog highlights the importance of renewing your energy contract and how Smart Energy can help you save.
Understanding Total Energies’ Out of Contract Rates
When your fixed energy contract with Total Energies ends, you automatically move to their out-of-contract (OOC) rates. These rates are higher and can fluctuate, leading to increased energy expenses for your business.
What are Total Energies’ Current Out of Contract Rates?
Effective from 1st July 2024:
Gas Deemed Rates:
Gas Rate (p/kWh) | Daily Standing Charge (£) |
10.53 | 2.62 |
*For AQ above 732,000 kWh, a site-specific daily standing charge may apply.
Electricity Deemed Rates:
Usage | Rate (p/kWh) | Additional Information |
Day | 38.06 | Standing Charges are pass-through |
Night | 27.47 | Standing Charges are pass-through |
Single | 35.71 | Standing Charges are pass-through |
*Electricity standing charges are bespoke to each meter.
Staying on OOC rates can lead to a substantial increase in your energy expenditure, often up to 70% more than your contracted rates. This unpredictability can be a significant burden for any business.
The Importance of Timely Action
Energy suppliers like Total Energies typically send renewal quotes three months before the end of a contract. Ignoring these can lead to automatic switches to out-of-contract rates. Given Total Energies’ higher rates compared to standard tariffs, it is crucial to secure a new contract promptly.
How The Smart Energy Company Can Assist
We provide an effective solution to escape the high OOC rates. By comparing rates from over 20 suppliers, we find the most cost-efficient option for your business. Our tailored solutions ensure you receive competitive rates suited to your specific energy needs.
Why Choose The Smart Energy Company?
Cost Savings: We access base rates from multiple suppliers, enabling us to find cheaper contracts, whether you stay with your current supplier or switch.
Budget Predictability: Our fixed-rate contracts help in stabilising your budget.
Personalised Support: Our team offers tailored advice, ensuring you fully understand and benefit from your energy plan.
Simplifying the Switch
Switching from high OOC rates to a more affordable plan with us is straightforward. We handle everything from analysis to the switch-over, reducing your energy costs and maximising efficiency.
Don’t let Total Energies’ high out-of-contract rates affect your business’s finances. Partner with The Smart Energy Company to discover a pathway to reduced energy costs and better budget
Ready to reduce your energy expenses? Contact us today for a free consultation and discover how much you can save with Smart Energy!
Contact Information: 0151 459 3388 | info@smart-energy.uk | Privacy Policy
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