Frequently asked questions
Commercial gas contracts
Are commercial gas contracts legally binding?
Correct, they are. Therefore please ensure you check any contracts carefully. To make this easier for you, we will email all contracts to you. You can review them in your own time – unlike verbal contracts taken over the phone by high pressure sales people from energy companies or brokers. If someone wants to sell you something over the phone like this, it is unlikely to be in your best interests, so please be careful.
We are hoping Ofgem will make verbal contracts illegal in the energy industry as they only create ‘hard sell’ sales calls. Which nobody wants of course.
When is the best time to do my gas contract?
Anytime in the last year of your current gas contract. Please call us for advice. Because of the longstanding relationships we have with the energy companies, we can lock in your new prices this far ahead. The new prices and contract will start the day after your current contract ends – as usual.
There is no crystal ball of course, but we look at gas prices every day. We can tell you if gas prices have been rising or falling recently, and which events are causing theses changes. We can tell you whether we advise waiting for gas prices to fall further, or to use current prices now before there are more increases. Commercial gas suppliers update their gas prices every few weeks.
How long should I fix my next commercial gas contract for?
Commercial gas prices are relatively good value at the moment. In 2015 there was a sharp fall, which followed the fall in the price of oil. The two are closely linked. Since then, gas prices have recovered. But they are not yet at the level before the fall. Some businesses have been taking advantage of the current prices and fixing long-term for price security. Of course, if you prefer to go year by year, they are very good value as well.
The independent energy broker
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Perfect Clarity are a leading UK business energy broker. Businesses of all sizes use our buying power in the business energy market.
Unlike other brokers, we are on hand throughout your business energy contracts, should you need any support.
Call us for clarity on business energy prices. Perfect Clarity.
152 -160 City Road
London EC1V 2NX
Freephone: 0800 977 5462
Tel: 020 3372 6517
Fax: 0872 115 5462