Short answer
Twelve things to check before your business energy contract ends, in the order you need them. Work through it once and your next renewal is straightforward.
Twelve months before
- List every supply: address, MPAN or MPRN, supplier and end date.
- Check your contract for any notice period and how notice must be given.
Six months before
- Gather 12 months of bills, or half-hourly data for larger supplies.
- Note any planned changes: new equipment, longer hours, new or closing sites.
- Check your VAT rate and whether any supply qualifies for 5%.
Three to six months before
- Get options and compare total annual cost, not just unit rate.
- Check what is fixed and what is passed through.
- Ask how much broker commission is included.
- Read the principal terms: notice, termination and what happens at the end.
Before the end date
- Agree the new contract with a start date matching your end date.
- Give notice to your current supplier if your contract requires it, and keep proof.
After the switch
- Check the first bill uses the agreed rates and an actual meter reading.
Want help with it?
Start an enquiry and our broker partner can work through the checklist with you. See also renewals: a practical timeline.
Questions
When should I start my renewal?
Three to twelve months before your end date, depending on the size of your business.
What if I've already missed my end date?
Act now. See out-of-contract rates.
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