Yü Energy Out-of-Contract Rates – Effective July 2024
Understanding Yü Energy’s Transition Rates and Smart Default Rates
If your fixed-term contract with Yü Energy has expired and you haven’t renewed or switched suppliers, you’ll automatically move onto their Transition Rates (aka Out of Contract Rates).These rates are also applied when a supplier switch fails to complete, ensuring continued energy supply.
Additionally, Yü Energy applies Smart Default Rates to customers on smart meter plans who refuse the installation of a smart meter. Both Transition and Smart Default Rates are significantly higher than fixed-term agreements, impacting your energy costs.
Yü Energy Transition Rates
Non-Half Hourly (NHH) Electricity Transition Rates – Effective 26 June 2024
| Standing Charge (p/day) | Unit Rate (p/kWh) |
|---|---|
| 360.00 | 47.5 |
Half-Hourly (HH) Low Voltage Transition Rates – Effective 8 July 2024
| Region | Standing Charge (p/day) | Day Rate (p/kWh) | Night Rate (p/kWh) | DUoS Capacity Charge (p/kVa/day) | Metering Charge (£/Month) |
|---|---|---|---|---|---|
| East England | 3,260 | 52.3 | 45.5 | 11.2 | 55 |
| East Midlands | 3,470 | 51.2 | 45.2 | 12.8 | 55 |
| London | 2,990 | 53.3 | 45.5 | 9.2 | 55 |
| North Wales, Merseyside | 3,890 | 53.5 | 45.7 | 18.7 | 55 |
| West Midlands | 3,600 | 51.4 | 45.5 | 16.7 | 55 |
| North East England | 3,670 | 51.1 | 45.1 | 15.4 | 55 |
| North West England | 3,280 | 52.1 | 45.2 | 11.4 | 55 |
| South England | 3,660 | 51.8 | 45.4 | 13.4 | 55 |
| Yorkshire | 3,610 | 51.5 | 45.5 | 15 | 55 |
| North Scotland | 3,410 | 52.8 | 45.8 | 17.5 | 55 |
Half-Hourly (HH) High Voltage Transition Rates – Effective 8 July 2024
| Region | Standing Charge (p/day) | Day Rate (p/kWh) | Night Rate (p/kWh) | DUoS Capacity Charge (p/kVa/day) | Metering Charge (£/Month) |
|---|---|---|---|---|---|
| East England | 14,060 | 50.2 | 44.5 | 12.8 | 55 |
| East Midlands | 17,420 | 49.3 | 44.3 | 18.2 | 55 |
| London | 10,160 | 50.5 | 44.4 | 14.8 | 55 |
| North Wales, Merseyside | 24,730 | 50.3 | 44.4 | 24.5 | 55 |
| West Midlands | 19,080 | 49.6 | 44.5 | 20.5 | 55 |
| North East England | 23,920 | 49.1 | 44.2 | 15.1 | 55 |
| North West England | 14,180 | 49.8 | 44.3 | 12.8 | 55 |
| South Wales | 3,660 | 50.0 | 44.5 | 20.3 | 55 |
Gas Transition Rates – Effective 26 June 2024
| Band | Annual Consumption (kWh) | Standing Charge (p/day) | Unit Rate (p/kWh) |
|---|---|---|---|
| Band 1 | < 73,200 | 510 | 13.7 |
| Band 2 | 73,201 - 732,000 | 510 | 13.7 |
| Band 3 | > 732,001 | 1,200* | 13.7 |
*Band 3 standing charges are the minimum; additional fixed costs may be passed through.
Why Avoid Yü Energy’s Transition Rates?
Remaining on these rates can have significant impacts:
- Higher Costs – Electricity rates exceed 50p/kWh, and gas rates are fixed at 13.7p/kWh with substantial standing charges.
- No Stability – Transition rates are subject to market changes with only 5 days’ notice for adjustments.
- Avoidable Penalties – With proactive management, businesses can lock in better fixed-term pricing.
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 Yü Energy Transition Rates
What happens if I don’t renew my Yü Energy contract?
You’ll automatically move onto their Transition Rates, which are significantly higher than fixed-term agreements.
Can I switch suppliers while on Transition Rates?
Yes, you can switch suppliers at any time, provided your account balance is clear.
What are Smart Default Rates?
These are higher rates applied to customers on smart meter plans who refuse or fail to accommodate smart meter installations.
How do I avoid Transition or Smart Default Rates?
By agreeing to a new fixed-term contract before your existing one expires or installing a smart meter as required.
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
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