Energy Supplier Update

CNG Cease Trading

Sadly, we have lost another supplier as a direct result of the ongoing energy crisis. Pozitive Energy has now be appointed by industry regulator Ofgem as the SoLR or “Supplier of last resort” .

If you were supplied by CNG for your business gas, don’t panic. We have experience working with clients that have been affected by this and can help you find a new gas supplier, complete the form to receive a call from our team of energy experts.

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What does this mean?

Anyone that had a commercial gas contract with CNG will not have their supply turned off. Also, any debits or credits on the account will transfer to Pozitive Energy. Unfortunately, current contract and prices will no longer be valid and those affected will be placed onto “deemed” rates by the supplier. Deemed rates are usually significantly higher than contractual prices. Remember, unlike in domestic supply, there is no price cap in place for business energy contracts. Pozitive Energy current deemed rates (from their website) are 15p,

What should I do?

Now that CNG ceased business, you will now be free to find another contract and will have not have any exit fees to pay. Unfortunately, prices are high now due to the energy crisis but staying on extremely high deemed rates is unlikely to make financial sense for long as we continue to experience very high energy prices. Utility Bidder is here to help re-price any commercial contract and see what competitive rates we can find from other business suppliers.

DO NOT ENTER INTO ANY NEW CONTRACTS UNTIL WE HAVE SPOKEN TO YOU – TO ENSURE YOU GET THE BEST ADVICE.

Where can I get more information?

Both Ofgem and Citizens advice bureau have further information – and of course we will be here to help answer any questions you have.

You can speak to our team of consultants about any concerns you may have by calling us on 01858 410000. We are trusted by over 16,000 UK businesses and have previous experience dealing with similar circumstances as we have been appointed by administrators on other energy broker companies that have ceased business.

Deemed Rates

Did you know that you could end up paying more for your business energy if you allow your contract to expire? These rates are known as ‘out of contract’ or ‘deemed’ energy rates and could result in significantly higher energy bills, which may be a waste of money for your business. On this page, we reveal the price of ‘out of contract rates’ compared to in-contract rates, as well as how many businesses across the UK could be paying more than they should.

What is a Supplier of last resort?

The UK energy regulator, Ofgem, will allocate a Supplier of last resort (SoLR) on a case-by-case basis to replace the supply of electricity and/or gas when the initial supplier goes bust. Due to the ongoing energy crisis, many energy suppliers had to cease business because of the skyrocketing prices, this is where a supplier of last resort is beneficial.

SoLR Guide

Frequently asked questions

The energy regulator, Ofgem, will implement a SoLR or “supplier of last resort” if your supplier ceased business.

No, if your supplier ceased business, your supply will not be cut off. This is because you will be given a SoLR or “supplier of last resort” to ensure you have a continuous supply of gas and electricity. Other suppliers will bid to replace the contracts of businesses that have ceased trading and Ofgem will try to get the best possible deal for the customer in these circumstances.

Ofgem will be working on finding your supplier as quickly as possible. This will be announced on their website within a few days.

Your business contract will now be void and you will immediately be put on an “out of contract” rate which may result in your bills increasing. This will only be the case until a new tariff is agreed.

In regards to domestic customers, the protection of funds paid by non-domestic customers into their accounts “cannot be guaranteed”.

Depending on your new supplier, you will still need to pay the debt to your new supplier if they have agreed to take on customer debts owed to your old supplier. If this is not the case, you will need to set up a payment plan with your old supplier’s administrators that will get in touch with you.

Business utilities comparison case studies

We’re dedicated to helping businesses like yours succeed, but we know that seeing is believing. That’s why we’ve put our money where our mouth is with some real-life case studies.

Haywards Heath

2021

Year Joined

£1905

Total Savings

Haywards Heath RFC enjoys a strong community presence in Haywards Heath, West Sussex where the club supports a senior rugby team, six youth sides and six mini sides. The Club was established in 1959 and boast affiliations with the London and South East Division of England Rugby and Sussex Rugby.

HTC Corporation

2020

Year Joined

£14000

Total Savings

Founded in 2009, with a range of industry accolades to our name, Hayri recognised that Utility Bidder was a well-established and growing business and our five star Trustpilot reviews along with our size and longevity ensured HTC Europe had peace of mind.

“I was impressed with Utility Bidder from the start,” said Hayri. “Nothing was too much trouble for my account manager Rebecca Lau. Professionals recognise fellow professionals and it’s true that one doesn’t buy from a company, one buys from a person and Rebecca is a credit to Utility Bidder.

Robert Jones

2019

Year Joined

£150

Total Savings

Rob says that thanks to the competitive rates secured by Utility Bidder in his studio, it would actually be cheaper to live there than at home! “We pay about £30 a month for gas during the winter and around £25 a month for electricity – and that’s despite having a lot of energy guzzling equipment such as studio lights and fan heaters. Our energy bills at home are far more expensive!”

Robert Jones Photography

Sharda Care

2014

Year Joined

£20,000

Total Savings

Sharda Care are contacted frequently by companies within the energy industry, but the desire to work with UB Corporate was motivated by our bill validation service (and that they hadn’t checked their VAT). Our team have an experienced background in working with businesses of this size and will instinctively scrutinise all utilities to investigate potential savings.

Sharda Care

Paul Kay was fantastic in securing us a great deal and explaining everything in full. Thanks and would wholeheartedly recommended.

Ben Jones

Excellent service from Kenny in the Manchester office, he worked hard to find the best price for me and explained everything along the way.
Will definitely use him again in the future and would recommend.

Jenny Burd

I spoke to Paul Kay this morning who in the space of 30 mins looks to have halved my salon electric bill, he was personable, knowledgeable and honest. The proof will be seeing if the bills actually reduce and if so I will leave another review but so far an excellent service

Julie Gale

I dealt with Utility Bidder over the past couple of days, amazing service and prompt. Paul Kay gave excellent customer service! would highly reccomend.

Alex Mcwilliam

Without a doubt utility bidder has saved my sanity. They have sorted months of going around in circles with a supplier in under a week.

I would highly recommend to everyone I know.

Nichola Morton

Had a lovely phone call from Connor this morning, he was very helpful, explained everything very clearing and all I had to do was agree to everything that was suggested and he done the rest! Very happy with the service

Terie Billson-Rodwell

I have just worked with Alex from Utility Bidder to sort our electricity contract today. He has got us an excellent price for our charity and it has all been sorted in half an hour (possibly less!). He was extremely helpful. THANK YOU

Lorraine Schulze

Had a call from Alex York who within minutes had arranged a new electricity contract with a new supplier. He was extremely courteous, professional and friendly. Highly recommend.

Susan Bateman

Robert Johnson has just completed my renewal contract with my energy supplier. He was very helpful and very efficient. It’s the first time I have used Utility Bidder and I will definitely use them again and highly recommend them. Thank you for making it so easy.

Line Verma