As a commercial business decision-maker, you're aware of the myriad of tasks that constantly need your attention – especially as the year winds down. Here at Zembl, we know this – so we’ll keep this short and snappy. The important task that may have slipped your radar is the end-date of your energy contract. Overlooking this crucial detail can result in your business switching to default energy market rates, which are often significantly higher than negotiated contract rates.
The cost of missing contract-end-dates
The implications of missing energy contract-end-dates can be detrimental to your business's bottom line. When your energy contract expires without a new one in place, your provider may switch you to a default market rate. These "out of contract" rates can be over double that of the negotiated rates, leading to unexpectedly high energy bills that can put some serious strain on your budget.
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We spoke to Zembl Energy Consultant Nathaniel Johns on the issue. Johns said, “I have sympathy given how busy people can be at the end of the financial/calendar year, but the cost on the bottom-line can be astronomical.” He gave the example above of how a switch to a retailer's January default rates (NSW) would cause a significant increase in your energy bill – a silent bottom-line killer.
So, what should you do if you miss your energy contract-end-date?
Zembl's solution: Backdating contract-end-dates
At Zembl, we offer a unique solution to this problem - backdating energy contract-end-dates. Says Johns, “Having a Zembl account manager in your corner means being able to request a backdated offer as if your contract never ended – and saving significant amounts of money.” He continued that “you should not leave it too late as some retailers are ‘less generous’ than others. It’s best to get on your front foot, the sooner the better.”
“Having a Zembl account manager in your corner means being able to request a backdated offer as if your contract never ended.” - Nathaniel Johns, Zembl Energy Consultant
Why choose Zembl?
Here are just a few reasons why businesses choose Zembl for their energy needs:
- Energy procurement: We negotiate on behalf of businesses to secure the most favourable energy prices and terms.
- Invoice validation: Our team reviews your energy bills, identifies errors or discrepancies, and rectifies them on your behalf.
- Network tariff analysis: We examine your current energy network charges, identify potential savings, and recommend the most cost-effective tariff.
- Independent advice: Our advice is impartial and tailored to your business's unique energy needs and goals.
- Energy efficiency: We help you improve your green credentials with our Solar Energy Experts.
- Ongoing support: We provide ongoing support and advice, ensuring you're never left in the dark.
Take action today
Don't let missed commercial energy contract-end-dates in December drain your business. Instead, let Zembl's team of experts ensure you're not left on default energy market rates.
Fill out our contact-form below to receive a call-back from one of our Energy Consultants. Let Zembl handle your energy needs so you can focus on what you do best - running your business.
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