Contract Natural Gas Business Electricity Rates and Tariffs
One of the most popular types of energy tariffs in the UK, especially if you are a smaller business, fixed-rate tariffs offer the same rates across the length of the contract. This means you won't be surprised by expensive bills - the price will always remain the same.
A great advantage to a fixed-rate tariff over a variable rate is that you will always know the cost of your bill. This gives you the means to easily figure out your monthly expenses and plan around them.
However, there are still disadvantages to sticking with a fixed-rate tariff. Most notably, you will not be able to take advantage of market trends. If the general gas price decreases, you will still need to pay the same rate you and your supplier agreed on.
Contract Natural Gas offer a few different fixed-rate contracts for varying lengths of time. This means you can find one that is suited to your needs fairly easily.
As you might expect, a variable-rate tariff is a contract that will change its rate depending on the current market trend. This means you can expect lower prices some months, but higher prices in some others.
Due to the unpredictability of variable rate contracts, they are perhaps better suited to larger businesses that can take advantage of trends leading to lower prices. As there is a risk you will be paying more some months, smaller business gas customers may not be fully suited to this tariff.
As with most gas suppliers on the business energy market, Contract Natural Gas currently offer a single variable-rate contract. Due to the rate changing with the trends, there is no need for energy suppliers to provide more than one variable-rate contract.
Deemed or out of contract rates
If you are receiving a gas supply, but you aren't signed up to a contract, you must pay either a deemed rate or an out of contract rate.
A deemed rate assumes that you are not purposefully refusing to sign a contract, which means you won't be charged a premium on your gas. This is useful if you have just purchased a business property that CNG is already supplying and have yet to sign up for a gas contract.
On the other hand, an out of contract rate assumes you are choosing not to sign a gas contract. An out-of-contract rate tends to be the most expensive gas customers will pay towards their gas supply.
We recommend finding a gas contract that is right for your business quickly if you pay an out-of-contract rate. We can help you compare business energy suppliers in less than 60 seconds, so you don't need to pay out-of-contract rates longer than is needed!