Are you paying a 100% markup on your energy bills without realizing it?
One of the most common reasons businesses overspend on energy is simply letting a contract expire. When your fixed-term agreement ends, your supplier doesn’t cut you off; instead, they automatically roll you onto their “Standard Variable Rates” (often called out-of-contract rates).
The Educational Bit: Energy suppliers offer their best rates to new customers or those who actively renew. If you do nothing, you lose those discounts. The difference is stark: out-of-contract rates can be anywhere from 50% to 100% higher than the current market rate. Effectively, you could be paying double for the exact same electricity, simply because you missed a renewal date.
How EnergyPartners.ie helps: We act as your contract watchdog.
- We track your dates: We monitor your contract end dates so you never roll onto a standard variable rate by accident.
- We renegotiate: Before your contract expires, we compare the market to secure your next fixed rate.
- Result: You stay on the most competitive rates continuously, avoiding the “loyalty penalty.”