What happens when a business energy contract ends

Does energy supply stop when a contract ends

No. Energy supply continues even when a business energy contract ends.

Suppliers are required to continue supplying electricity or gas, so there is no risk of power being cut off simply because a contract has expired.

What happens to energy prices after a contract ends

Once a contract ends, pricing is no longer fixed.

Businesses are typically placed on higher default or out of contract rates. These rates can change with little notice and are often more expensive than contract rates.

This can lead to increased and less predictable energy bills.

What are default or deemed energy rates

Default or deemed energy rates are the prices a supplier charges when there is no active fixed term contract in place.

These rates are intended as short term arrangements and are generally higher than negotiated contract rates.

Businesses can remain on these rates until a new contract is agreed.

Can a business switch energy supplier after a contract ends

Yes. When a business energy contract has ended, the business is usually free to agree a new contract.

This may involve renewing with the existing supplier or switching to a different one, depending on what options are available.

Before making a decision, it is important to understand current rates, contract terms, and supply details.

Why businesses often miss contract end dates

Businesses may miss contract end dates for several reasons.

Common causes include changes in staff responsibilities, contract information not being easy to locate, assuming a contract would renew automatically, or not being aware a contract was in place.

In some cases, businesses may not realise a contract has ended until bills increase.

What to do when a business energy contract ends

The first step is to confirm the current situation, including contract status, supply details, and current rates.

From there, a business can decide whether to agree a new contract, review alternative options, or seek independent advice before making any changes.

Taking action sooner can help reduce the time spent on higher default rates.

Why letters of authority are often used after a contract ends

When a contract has ended, accurate account information is essential.

A business energy letter of authority may be used to allow contract details, meter information, and supply status to be reviewed properly before any next steps are taken

When it makes sense to review an energy account

An energy account review can be helpful if a contract has ended, bills have increased unexpectedly, or contract details are unclear.

A review provides clarity before any renewal or switching decision is made.