United Gas and Power Deemed and Out of Contract Rates – May 2024
Avoid High Energy Costs with United Gas and Power’s Deemed and Out of Contract Rates
If your fixed-term contract with United Gas and Power (UGP) ends without renewal or you fail to switch suppliers, you’ll automatically move onto their Out of Contract Rates.
These rates apply until:
- You negotiate a new contract with UGP.
- You switch to another energy supplier.
While Out of Contract Rates ensure continued energy supply, they are significantly higher than fixed-term agreements, meaning businesses could see a sharp increase in their energy costs.
United Gas and Power Out of Contract Rates
Gas Out of Contract Rates – Effective 1 May 2024
| Annual Consumption (kWh) | Unit Rate (p/kWh) | Standing Charge (p/day) |
|---|---|---|
| Band 1: 0 - 73.2k | 6.900 | 400 |
| Band 2: 73.2k - 293k | 6.900 | 700 |
| Band 3: 293k - 732k | 6.900 | 1,350 |
| Band 4: Above 732k | 6.900 | 1,900 |
Electricity Out of Contract Rates – Effective 1 May 2024
| Portfolio | Unit Rate (p/kWh) | Standing Charge (p/day) |
|---|---|---|
| NHH | 29.8 | 600 |
| LV | 29.8 | 4,000 |
| HV | 29.8 | Site-Specific |
| HH KvA Charge | Pass-through | Pass-through |
Why Avoid United Gas and Power’s Out of Contract Rates?
Remaining on UGP’s Out of Contract Rates can lead to:
- Higher Costs: Electricity rates of 29.8p/kWh and gas rates of 6.9p/kWh, coupled with high standing charges, can significantly increase your energy bills.
- Unpredictable Pricing:
These rates are subject to change and can fluctuate based on market conditions.
- Missed Savings: Fixed-term agreements typically offer better pricing and stability for long-term budgeting.
How The Smart Energy Company Can Help
We specialise in helping businesses avoid excessive out-of-contract rates by securing competitive fixed-term agreements.
Here’s how we can assist:
- Market Comparison – We compare rates from 25+ trusted suppliers to find tailored, cost-effective options.
- Hassle-Free Switching – We handle the entire process, ensuring a smooth transition.
- Proactive Management – Avoid rolling onto VBR again—our team monitors your contracts and market conditions.
FAQs About United Gas and Power Out of Contract Rates
What happens if I don’t renew my UGP contract?
You will automatically move onto their Out of Contract Rates, which are significantly higher.
Can I switch suppliers while on these rates?
Yes, you are free to switch suppliers or negotiate a new contract at any time providing you don't have a debt on the account.
How can I avoid Out of Contract Rates?
By renewing your contract before it expires or arranging a new supplier agreement.
Take Action Today
Don't let high out-of-contract rates impact your business's bottom line. Contact The Smart Energy Company today for a free, no-obligation quote.
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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