Hub Energy

Hub Energy has ceased trading. Energy4 is here to help for your business Electricity, and Gas needs

Call us on 01256643634 – South Office & 01642888814 – North Office to get a energy quote. Guaranteed good quotes to all our business customers, saving you money

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LOW – Your Energy Bill Is Around £1,700 OR You Use 15,000 kWh Of Gas Of Year OR You Have 1 To 9 Employees

MEDIUM – Your Energy Bill Is Around £4,500 OR You Use 40,000 kWh Of Gas Of Year OR You Have 10 To 99 Employees

HIGH – Your Energy Bill Is Around £12,500 OR You Use 120,000 kWh Of Gas Of Year OR You Have 100+ Employees

PLEASE PROVIDE THE FOLLOWING DETAILS ON YOUR ELECTRICITY PROVIDER:

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Please provide your Electricity contract end date DD-MM-YYYY?

What Energy Bill OR Electricity Consumption matches your company?
Your Company Is Graded As

LOW – Your Energy Bill Is Around £1,700 OR You Use 15,000 kWh Of Electricity Of Year OR You Have 1 To 9 Employees

MEDIUM – Your Energy Bill Is Around £4,500 OR You Use 40,000 kWh Of Electricity Of Year OR You Have 10 To 99 Employees

HIGH – Your Energy Bill Is Around £12,500 OR You Use 120,000 kWh Of Electricity Of Year OR You Have 100+ Employees

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Hub Energy

Hub Energy, a gas and electricity supplier with around 6,000 domestic customers, and 9,000 non-domestic customers, is ceasing to trade.

Under Ofgem’s safety net, the energy supply of Hub Energy’s customers will continue and outstanding credit balances of domestic customers will be protected.

Ofgem will choose a new supplier to take on all of Hub Energy’s customers. This supplier will contact these customers shortly after being appointed.

Ofgem’s advice to Hub Energy’s customers in the meantime is to:

Not switch to another energy supplier until a new one has been appointed and you have been contacted by them in the following weeks.
Take a meter reading ready for when your new supplier contacts you.

This will make the process of transferring customers over to the chosen supplier, and paying back any outstanding credit balances, as smooth as possible.

Neil Lawrence, Director of Retail at Ofgem, said:

“I understand that a supplier going out of business is unsettling for customers, however Hub Energy customers do not need to worry. Under our safety net we’ll make sure your energy supplies continue and if you are a domestic customer and have a credit on your bill with Hub this is protected and you will not lose the money that is owed to you by Hub.

“Ofgem will now choose a new supplier for you and while we are doing this our advice is to wait until we appoint a new supplier and do not switch in the meantime. You can rely on your energy supply as normal. We will update you when we have chosen a new supplier, who will then get in touch about your new tariff.”

Updates are available from our website or through our twitter feed @ofgem.

Customers who have questions should visit the FAQs on our website. Or if they need additional support, call Citizens Advice on 03454 04 05 06 or email them via their webform. Advice will also be shared on Ofgem’s twitter @ofgem and facebook channels.

Notes to editors

Hub Energy customers should take meter readings today and wait until their new supplier contacts them. Once they have been contacted, customers can ask to be put on their new supplier’s cheapest deal or shop around for a better deal from another supplier. They will not be charged exit fees for switching away from their new supplier.
Ofgem’s safety net will make sure customers will always have an energy supply, domestic customers’ credit balances are protected and that the process in moving over to the appointed supplier is as smooth and hassle free as possible.

Link Ofgem protects customers of failed supplier Hub Energy | Ofgem

Switch quote for business utility online made easy with Energy4

Switch quote for your business involves many areas, including Credit Checks.

First switch quote will involve the following;

Provide the following information to Energy4

Provide your business address
The current name of your Supplier
Annual Consumption (kW)
Business registration (Private Limited, Sole-trader, PLC)

Contract Energy4 for further information

Complete Letter Of Authority (LOA)

Energy4 will provide a Letter Of Authority (LOA) for the business owner to complete, and return. Please complete and return to Energy4.

As mandated by Ofgem, due to the commercial, energy consumption, financial, and business implications involved, aN LOA is required.

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Contract End Date (CED)

Switch utility contracts or renewing contracts requires the contract-end-date. Located on your business utility bill, your signed agreement, or from your utility provider when switch energy Supplier

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Termination notice period

Switch utility contracts or renewing contracts is possible with an application made before the Termination notice period. Changing energy supplier or renewed contracts when the termination notice period has been missed will result in a site being moved onto out-of-contract rates for the period specified below. Switch business sites to another energy supplier, or renewed.

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HAVEN – 120 DAYS
TOTAL – 90 DAYS
CNG – 90 DAYS
SCOTTISH POWER – 30 DAYS
NPOWER – 60 DAYS
CORONA ENERGY – 60 DAYS
CROWN – 30 DAYS
SSE – 30 DAYS
EDF – 30 DAYS
DONG ENERGY – 30 DAYS
BG – 90 DAYS
EON – 90 DAYS
HUDSON – NO TERMINATION NEEDED
OPUS – 90 DAYS
DUAL ENERGY – 28 DAYS
YGP – 90 DAYS

Switch quote from Energy4

Energy4 will provide a switch quote for your utilities from the entire market, showing the best-priced utility down to the most expensive available.

Energy quote from Energy4 compares Suppliers, tariffs, from the lowest priced, customer satisfaction scores, to green energy tariffs, fixed deals, and exit fee requirements.

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Switch energy supplier or renew present supplier

Once the business owner has decided to switch the present Supplier or renew energy supplier, business credit reviewed as each Supplier has requirements. The contract confirmed with payment details provided. Paying by Direct Debit can usually save money.

Energy4 will then forward to the business owner a copy of the energy contract to be completed. Energy contract completed, and a copy returned to Energy4.

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Energy contract submitted

Completed energy contract is submitted to the selected utility provider.
Business owner retains the original energy contract.

Prices locked in, and contract processed.

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Energy contract processed

The energy Supplier will notify Energy4 of the processing of the energy contract.

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Previous energy supplier can reject the transfer

Previous energy supplier can reject the transfer by;

– Objection to the Letter of Authority

– Business owner is already in a contract and is not free to leave when the new energy Supplier is applying to take the supply

– Business owner has debts or unpaid bills on their account before the new energy Supplier applies to take the supply

– The new energy supplier is applying for the incorrect transfer date

– Business owner is applying for a Change-of-tenancy (COT), and the new energy Supplier is attempting to take the supply before the COT is logged.

Contract Energy4 for further information

New energy supplier can reject the contract

New energy supplier can reject the contract by;

– Objection to the Letter of Authority
– Business owner is already in a contract and is not free to leave when the incoming Supplier is applying to take the supply
– Business owner has debts or unpaid bills on their account before the new energy Supplier applies to take the supply
– The new energy Supplier is applying for the incorrect transfer date
– Business owner is applying for a Change-of-tenancy (COT), and the new energy Supplier is attempting to take the supply before the COT is logged

Contract Energy4 for further information