While domestic energy contracts usually last for 12 months, business energy contracts can last anywhere up to five years, maybe longer. Business energy is also priced on a per unit basis, with both gas and electricity being contracted separately.
With a business energy contract, you won’t usually be offered a cooling off period, and you won’t be able to switch suppliers until you enter the ‘switching window’ which can be anywhere from one to six months from the end of your deal.
You should also be wary of being put on a deemed contract. These are typically among the most expensive on the market. You can be placed on a deemed contract if:
You cancel with your existing provider but then don’t sign up with another provideror
You move into a new business premises and don’t agree a contract with a supplier.