One of the things you’ll be wondering is if these contracts have cooling-off periods. Well, you’ve come to the right place. Business Energy Comparison will tell you everything you need to know about cooling-off periods for business energy contracts.
Cooling Off Period For Business Energy Contracts
Unfortunately, energy contracts for businesses don’t usually include cooling-off periods. Yet, it is possible to find suppliers that do include them. If your contract doesn’t, then you need to be certain that you’ve found the best deal possible.
Otherwise, you may end up locked into a contract that isn’t suitable for your business. So, be sure to follow the tips in this guide, and early termination shouldn’t be needed.
Frequently Asked Questions
If your business changes premises, then your current contract will end. However, you will still have to pay any charges that were accrued under that contract. Your contract will also end if your business ceases trading. Again, you would still owe the money for any charges accrued under the contract.
Once you’ve signed a contract, you can’t switch suppliers unless you cancel it or it comes to an end. You can begin the registration process with a new supplier 28 days before your current contract ends. Your new deal should then go live the day after your old contract ends.
This is very flexible. You can essentially agree on a new contract at any time to begin at any time. Generally, suppliers allow businesses to agree on a contract 3 to 5 years before it begins.
Business Energy Comparison
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