Welcome to Business Utilities UK – An impartial commercial comparison and switching service that helps you to compare prices on your utility bills.
If you are responsible for the business gas/electricity supply, it is in your best interest to get the best deal on your commercial energy. Deemed rates will apply when you become responsible for a property where the existing supplier and you, haven’t agreed a Fixed Term Energy Plan. When this happens, you will automatically be placed on deemed rates. These rates are typically more expensive than contracted rates.
The UK legislation covering the supply of business electricity, stipulates that when an individual takes over the responsibility of a property, they’re deemed to have entered into an agreement with the registered supplier of that property. This means that the electricity supplier is required to provide electricity to the customer and that the customer is required to pay for that electricity at the suppliers’ published rates until a new contract has been negotiated.