Out-of-contract (deemed) business energy rates apply when a fixed contract expires without a new deal in place. These rates are set by the supplier and are typically 30% to 50% higher than contracted rates. Ofgem's Business Energy Code of Practice requires suppliers to notify micro-businesses before contracts expire and to offer reasonable out-of-contract rates. Switching supplier from an out-of-contract position typically has no exit fees (Ofgem, Business Energy Code of Practice, 2026). |
Business energy out of contract UK: deemed rates and how to escape them fastOut-of-contract business energy rates explained: the premium size, the 28-day escape route, and how to switch in under three weeks.
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