When your business energy contract with E.ON Next ends, and no new agreement is in place, your business will automatically be placed on their out-of-contract rates (also referred to as deemed rates). These rates are significantly higher than those offered in fixed-term contracts, making it important to understand how they can impact your business energy bills.
Below, we outline the current out-of-contract rates for electricity and gas.
Current Electricity Out-of-Contract Rates (Effective from 1 July 2024)
Non-Half Hourly Metered (NHH) Rates:
Region | Standing Charge (p/day) | All Units (p/kWh) |
Eastern | 200 | 46.7 |
East | 200 | 46.1 |
London | 200 | 47.8 |
Merseyside | 200 | 48.6 |
West | 200 | 45.9 |
North | 200 | 46.2 |
Northern | 200 | 47.7 |
Southern | 200 | 46.4 |
South West | 200 | 49.8 |
Yorkshire | 200 | 45.7 |
Half-Hourly Metered (HH) Rates:
Region | Standing Charge (p/day) | All Units (p/kWh) |
Eastern | 140 | 45.6 |
East | 147 | 45.1 |
London | 150 | 46.6 |
Merseyside | 159 | 47.4 |
West | 154 | 44.8 |
North | 150 | 45.1 |
Northern | 162 | 46.6 |
Southern | 168 | 45.1 |
South West | 150 | 46.6 |
Yorkshire | 154 | 44.6 |
Current Gas Out-of-Contract Rates (Effective from 1 July 2024)
Region | Standing Charge (p/day) | Unit Rate (p/kWh) |
Eastern | 149 | 11.5 |
East | 149 | 11.3 |
London | 149 | 11.6 |
Merseyside | 149 | 11.5 |
West | 149 | 11.4 |
North | 149 | 11.8 |
Northern | 149 | 11.5 |
Southern | 149 | 11.7 |
South West | 149 | 11.9 |
Yorkshire | 149 | 11.7 |
These rates exclude VAT and the Climate Change Levy (CCL).
Why It’s Important to Act Quickly
Being placed on E.ON Next’s out-of-contract rates can quickly lead to higher energy costs. With electricity unit rates reaching up to 47.8 p/kWh and gas rates as high as 11.9 p/kWh, these rates are considerably more expensive than the market averages for fixed-term contracts. For businesses with high energy usage, this can significantly increase operating costs.
Securing a fixed-term contract will not only provide price stability but will also allow you to lock in better rates, avoiding the risk of further price hikes.
How to Avoid Higher Rates with E.ON Next
At Smart Energy Company, we help businesses avoid out-of-contract rates by securing competitive energy deals. Whether you wish to stay with E.ON Next or explore options from other trusted suppliers, we offer tailored quotes that best suit your business needs.
Our Services Include:
Tailored Quotes: Compare rates from over 20 trusted suppliers, including E.ON Next.
Seamless Switching: We manage the entire process, ensuring a smooth transition to a fixed-term contract.
Expert Advice: Get regular market insights to lock in the best rates at the right time.
See How E.ON Next Stacks Up Against Other Suppliers
Interested to see how E.ON Next compares to other energy providers? Visit our supplier comparison page to explore rates and services from other suppliers. You can also learn more about E.ON Next by visiting their dedicated page here.
For further assistance or any related queries, our dedicated team is just an email or call away.
info@smart-energy.uk | 0151 459 3388
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