How To Cancel Your Business Energy Contract?
To switch your business electricity contract to a new supplier at no cost, simply follow these three simple steps:
Terminate your existing contract
To terminate your existing contract you must know the official end date of the current energy contract. You can then send a termination letter within your notice window.
The notice window should be detailed in your renewal letter or original contract. This will prevent automatic renewals and allow you to start comparing rates on the energy market and finding a new supplier.
Automatic renewal deals have the potential to be more expensive than your original rates.
After terminating your existing contract you must find a new supplier. This will help you avoid paying potentially expensive out-of-contract rates. In some cases, they can be twice your usual rates.
Compare rates and find a new supplier
Once your current business electricity supplier accepts your termination letter, you can start comparing rates to find the best new deal.
The business energy brokers and consultants at Business Energy Comparison make it easy to find improved energy rates for your business.
We will scour the market to find the best deals and will take care of the switch, allowing you to focus on your business.
Switch to your new energy supplier
The final step is to make the move official when you find the deal that suits your business needs.
It’s worth noting that switching business energy suppliers typically takes longer than switching domestic suppliers. You can simplify the process and reduce stress by using a business energy specialist like Business Energy Comparison.
Your new contract becomes active the day after the previous contract’s expiration date. Taking meter readings at the end of the old contract and the start of the new one will help to ensure your bills are correct.