Contract renewals
Business energy contract renewals
The most important date on your energy contract is the end date. Reviewing before it gives you time to compare options. If a contract ends with nothing new in place, you may move on to out-of-contract rates, which are usually higher.
A simple renewal timeline
| When | What to do |
|---|---|
| 6–12 months before | Find your end date and check your terms. Larger sites often start reviewing here. |
| 3–6 months before | Review options. Check any notice period in your contract. |
| Before the end date | Agree a new contract so it starts when the old one ends. |
| After the end date | If nothing is agreed, check what rates you've been moved to and act promptly. |
Renewing with your current supplier?
See what British Gas, EDF, E.ON Next, ScottishPower and Octopus Energy say about renewals, and what to check before you accept.
Notice periods
Some business contracts, particularly for larger customers, require written notice before the end date. Suppliers can't require microbusinesses to give notice that they intend to switch. If you're not sure which applies, check your contract or ask your supplier.
Renewal letters
Suppliers usually send renewal information before your contract ends. Read it carefully: the renewal price is an offer, not your only option.
Don't know your end date?
It's usually on your bill, your renewal letter or your supplier's online account. If you can't find it, choose "Not sure" on the enquiry form and the energy expert can help.
Questions
Can I renew early?
Often yes. Many suppliers will agree a new contract that starts when your current one ends.
My contract has already ended. What now?
Check what rates you are paying and review as soon as you can. See out-of-contract rates.
We introduce enquiries to an energy broker partner and may receive a fee. We're not a supplier and don't give whole-of-market advice. How we're paid
Your next energy contract deserves a closer look.
About two minutes. No obligation.