Business Gas Tariffs
Fixed-Rate Tariff
The most popular business gas tariff for those who want to lock in their rates for security. You can fix your rates from 1 year up to 5 years. This means that if wholesale gas prices increase or decrease you will have the security of paying the same unit rate and standing charge for the agreed amount of time.
Variable-Rate Tariff
This can change each month based on the wholesale gas prices. This means businesses more open to risk can benefit from drops in wholesale prices but may pay more during times of increasing rates.
No Standing Charge Tariff
This tariff means that a business will not pay a daily standing charge. However, typically no standing charge tariffs often come with higher unit rates than other tariffs. For businesses that operate part-time or seasonally, this may save them money.
Deemed Tariff
Deemed rates are what businesses taking over new premises will pay until they enter into a gas supply contract.
The amount is paid to the existing supplier of the premises until a contract can be arranged with them or another supplier. The prices are very high but are never meant to be paid for long. Just be aware the deemed unit prices can easily be 200%+ more than in-contract rates, so there’s a big incentive to switch quickly.
Businesses do not benefit from the price cap. This means that business gas comparison remains competitive and it means you can secure great business gas rates.
It’s important to regularly compare business gas to ensure you're saving the most amount of money possible.
Rollover Tariff
A rollover tariff is pretty similar to a deemed tariff. A rollover contract is a new energy contract that a supplier automatically enrols for the customer if the customer doesn't cancel their existing contract within a certain time period. They are usually more expensive and can be legally binding for up to a year.
Green Tariff
A green tariff is an energy plan created with a customer's energy goals in mind. The plan will match some or all of the gas and electricity a customer buys with renewable energy that their supplier purchases on their behalf. Renewable energy sources include wind farms, solar farms, and hydroelectric power stations. Some green tariffs are also nuclear-free.
Smart Export Guarantee (SEG) Tariff
A SEG tariff is a payment arrangement that allows small-scale generators to receive money for the electricity they export to the national grid.
Flexible Tariff
A flexible tariff is also known as a variable tariff. It is an energy contract where the cost of energy can change based on wholesale energy prices.
Pass-Through Tariff
A pass-through tariff allows a customer to fix the price of their electricity commodity while choosing which non-commodity charges are passed onto them. Non-commodity charges are fees paid to companies that maintain the gas and electricity networks and are also known as pass-through costs. These costs are set by the governments and/or Ofgem.