Renew Energy Supplier
Renew energy supplier for businesses is made easy with Energy4
Renew energy Supplier involves 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)
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.
Contract End Date (CED)
Renew utility contracts or switch contracts requires the contract-end-date. Located on your business utility bill, your signed agreement, or from your utility provider when switch energy Supplier
Termination notice period
Renew 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. Renew business sites to the same supplier, or switched.
Contract Energy4 for further information
- HAVEN – 120 DAYS
- GAZPROM – 30 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
Renew 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. Renew business sites to the same supplier, or switched.
Contract Energy4 for further information
- HAVEN – 120 DAYS
- GAZPROM – 30 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
Energy quote from Energy4
Energy4 will provide a utility quote 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.
Renew energy supplier or renew present supplier
Once the business owner has decided to renew 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.
Once the business owner has decided to renew 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.
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.
Business owner retains the original energy contract.
Energy contract processed
The energy Supplier will notify Energy4 of the processing of the energy contract.
The energy Supplier will notify Energy4 of the processing of the energy contract.
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.
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
– 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
Confirm renew of energy supplier
The Supplier will notify both the business owner and Energy4 of the renew, and activation of the new contract.
Provide the following information to Energy4
Termination notice period
https://www.telegraph.co.uk/financial-services/gas-electricity/switching-supplier-without-penalties/
https://www.ofgem.gov.uk/consumers/business-gas-and-electricity-guide/understand-energy-contracts-business
Renew energy supplier or renew present supplier
https://www.ofgem.gov.uk/consumers/business-gas-and-electricity-guide/understand-energy-contracts-businesses
https://www.ofgem.gov.uk/consumers/household-gas-and-electricity-guide/who-contact-if-its-difficult-paying-energy-bills/energy-back-billing-guide-your-rights
https://www.citizensadvice.org.uk/consumer/energy/energy-supply/problems-with-your-energy-supply/youve-been-switched-to-a-new-energy-supplier-without-your-agreement/
https://www.gov.uk/guidance/energy-companies-obligation-brokerage
https://www.nationalarchives.gov.uk/about/freedom-of-information/information-requests/contract-information-relating-to-gas-and-electricity-supply/
https://www.ofgem.gov.uk/consumers/household-gas-and-electricity-guide/who-contact-if-its-difficult-paying-energy-bills/energy-back-billing-guide-your-rights
https://www.citizensadvice.org.uk/consumer/energy/energy-supply/problems-with-your-energy-supply/youve-been-switched-to-a-new-energy-supplier-without-your-agreement/
https://www.gov.uk/guidance/energy-companies-obligation-brokerage
Energy supplier can reject transfer
https://www.ofgem.gov.uk/consumers/business-gas-and-electricity-guide/understand-energy-contracts-businesses
Confirm renewal of energy supplier or switching of energy supplier
https://www.ofgem.gov.uk/consumers/household-gas-and-electricity-guide/how-switch-energy-supplier-and-shop-better-deal
