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BES Price Rise on Fixed Price Business Electricity Contract
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LouiseHarryH said:They sold it to me (in person) as a fixed price contract that would not change during my tenancy and the contract I signed which calls it a fixed rate contract did not include the 'if unit rates are subject to change paragraph. That came with a confirmation letter I received after I had signed up.
The contract I signed stated 'If you have selected our fixed price product, you will be charged at the price set out in your contractoffer for the full initial period of your agreement unless there are industry changes to BES’s costsimposed by the Government and/or Energy Market Regulator, including but not limited to:transmission and network operator costs, changes in tax and duties, and industry costs that remainunpaid by other industry participants and have been duly distributed to BES'.
I was certainly led to believe it was a fixed price contract.1
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