At Energy Advice Line we receive a number of calls every day from prospective customers who have unfortunately missed serving termination notice to their current business electricity supplier. This is prominent with customers who sign into contracts directly with suppliers who have particularly onerous termination clauses in their terms and conditions such as deemed termination windows.
Julian Morgan, Managing Director of leading business electricity price comparison service Energy Advice Line says that suppliers such as EON, Haven Power and npower currently write to customers approaching the end of the their fixed term giving them a window of time in which to serve advanced termination and to prevent their contract from rolling over onto uncompetitive business electric renewal rates. This is particularly onerous as busy business owners will often miss this vital information when it lands on their doorstep and they only notice the issue when their bills suddenly jump up. Unfortunately it is then too late and their supplier has assumed the renewal on rates which can be 30-40% more expensive.
The Energy Advice Line has as a result produced a FREE best practice guide to provide lots of useful hints and tips about the business energy sector as well as information about serving advanced termination notice.
Please follow this link www.energyadviceline.org.uk/company/best-practice-guides.php to get your FREE copy now or call Energy Advice Line on 0800 915 1800 for impartial advice on how to cut the costs of your business electricity prices.