Clarity for your golf club energy contract
We answer some common questions below
If you have a question about your Golf Club energy contract that isn’t answered here, please call our friendly team on 020 3372 6517. Or perhaps you have a specific query about a supplier. Whatever your query, we are here to help.
How long does my energy contract last for?
Energy contracts for golf clubs and other commercial premises can typically last for 1 to 5 years in length.
A lot of energy companies put the expiry date of your contract on the first page of each gas or electricity invoice. As well as the date you have to give notice by. Call your energy supplier if you can’t see this and don’t know the expiry dates.
A few energy companies will still roll you onto another contract for 12 months if you don’t give notice in time. But the majority just need this notice to give the required 30 days’ notice by the contract expiry date. This is so you can transfer to a different energy supplier the day after the expiry date.
If this is delayed, then you will have a few days or weeks on that suppliers’ out of contract gas or electricity prices. These can be significantly higher than a contracted price.
However, if your golf club has been rolled into another 12-month contract, call us for advice.
Which energy company has the best prices for a golf club?
Gas and electricity prices can vary considerably across energy companies. Likewise, golf clubs don’t all have the same electricity meter or similar annual consumption.
It really depends on several factors, and the answer will be different throughout the year. This is because energy companies purchase gas or electricity at different times and are therefore more competitive at different times of the year. Or in different years altogether.
Some of the factors that will affect energy prices at any given time are:
– your location
– annual consumption
– type of meter*
– wholesale price of gas or electricity
– third party charges such as those from the Grid for keeping you connected
– how much profit your supplier builds into the prices**
– global events that influence prices
* For electricity, this could be a single rate meter, or Economy 7 or even a three-rate meter with different rates for weekdays, evenings & weekends, and night hours.
** We can help here as we know how much a competitive price should be at any given point. Just tell us what your supplier has offered you, and we should be able to reduce this – our job is to hold suppliers to account for you.
Gas and electricity prices have fallen, but our golf club is paying higher rates
It may often seem as if gas and electricity prices always increase after each contract. The market does move in the opposite direction occasionally though! Ideally, you want to be in the last 12 months of your contract when the market falls back.
As brokers, energy companies allow us to confirm prices up to 12 months from the start date. This is very useful as it helps ensure our clients can take advantage of any falls in market prices for their next energy contract.
Unfortunately, there are some suppliers and agents who will encourage you to sign up for 4 or 5-year contracts. This might be useful when prices are already low. But if prices have been rising for several years, you are likely to miss out on a price drop.
It is impossible to predict the future of energy prices of course, so it is really getting the balance right, and a term you feel comfortable with. Even if you opt for one and two-year contracts each time.
But if you are a long way from the end of your current contract, there isn’t much that can be done unfortunately. Commercial energy contracts are legally binding to the last day.
What is the advantage of using Perfect Clarity for our Golf Club energy contracts?
As mentioned earlier, we hold energy companies to account. We don’t let them get away with inflated prices to increase their profit margins.
Our knowledge of the energy market means we are monitoring prices on a daily basis. We work with 20-25 energy companies in the commercial sector, so are perfectly positioned to get the most competitive prices for your energy contracts.
And later in your contract, we let you know when market prices are favourable. This helps you take advantage of any falls in the price of gas or electricity.
A professional service that looks after your energy contracts, ensuring you are always in prime position.
The independent energy broker
Perfect Clarity are a leading UK business energy broker. Businesses of all sizes use our services to source energy and water prices.
Unlike many other brokers, we are on hand throughout your business energy contracts should you need any support.
Call us for clarity on your business energy prices. Perfect Clarity.
Freephone: 0800 977 5462
Telephone: 020 3372 6517
Fax: 0872 115 5462
124 City Road
London EC1V 2NX