DEEMED CONTRACTS/OUT OF CONTRACT RATES – APPLICABLE FROM 1ST JUNE 2022
The following rates apply to all meter types situated in any network operator area:
Unit rate – £0.496 per kWh
Standing charge – £4.45 per day
Each rate is applied per meter and excludes VAT and Climate Change Levy (CCL) where applicable. For half hourly settled meters, these rates also exclude Metering Costs, Reactive Power and Capacity Charges which will be passed through at cost.
WHAT ARE DEEMED CONTRACTS?
A Deemed Contract is the contract you will be placed on if you become liable for a property which we already supply. The contract terms can be found here. Unless you agree a new contract with us, or change to another energy supplier, we will begin billing you on our Deemed Rates on a monthly basis, and you will need to make a full payment within 14 days of the date on the bill. Our Deemed Rates are typically higher than our fixed term contract rates, so if you’d like to discuss a contract with us in order to move off Deemed Rates, contact us at email@example.com or on 0121 726 7575 and one of our sales team will be happy to help.
WHAT ARE OUT OF CONTRACT RATES?
Out of Contract Rates are the rates you will be placed on if your previously agreed contract prices have ended and you have not yet renewed with us nor agreed a contract with a new supplier. Following the end of your original contract prices, we’ll begin billing you on Out of Contract Rates, which are likely to be higher rates than your existing contract prices. If you’d like to move off Out of Contract Rates, contact us to discuss a new contract at firstname.lastname@example.org or on 0121 726 7575 and one of our sales team will be happy to help.
STANDING CHARGE FOR HIGH VOLTAGE METERS
From 1st July there is an uplift to our standing charge for any customers with high voltage meters, with the uplift based on the geographical location of the meter. This is due to changes implemented following the Targeted Charging Review (TCR). You can read more about the TCR here and can view the the standing rate changes below.
|GSP region||Product add-on (£/day)|