De energise

[Deleted User]

Isn’t this a consideration:

https://www.energybillkill.com/credit-scores-and-business-energy/

According to Press Reports, a number of viable businesses are struggling to renew their energy contracts because suppliers are concerned that they may not get paid. How much does the broker known about your present situation?

Sheepo82

Robin9 said:

Somewhere along the line you are going to have to pay a re-connection charge. 

You will be entering a new contract with all that that involves for a small business -  no cooling off period  and a probable commitment to use xxxxxx kWh in the year.

As above your old supplier will pursue their debt through the courts.
Is your business actually viable ? You will have been shut for over a month -  you will have lost customers but still have your overheads of the lease, wages

I have checked new contract saying it will be 20k per year 
that’s £400 odds a week 

How is that substainable 

Robin9

EDF must be basing this on the consumption figures you gave the broker.  

Sheepo82

Robin9 said:

EDF must be basing this on the consumption figures you gave the broker.  

What do I do to change that surely am not using £400 a week electric am only opened like 38 hours a week 

QrizB

Sheepo82 said:

Robin9 said:

EDF must be basing this on the consumption figures you gave the broker. 

What do I do to change that surely am not using £400 a week electric am only opened like 38 hours a week 

What exactly did you tell the broker about your business and your energy use?

Do you know how much energy you used in the past year? Was this the reason for your disute that led to you being disconnected?

And what tariff has the broker found for you? How much per kWh, and what standing charge?

You're running a business, you must have records of alll this stuff?

Ectophile

You're supposed to check how much the electricity will cost before you agree the contract.

Business energy has gone up in price a lot, and the residential price cap doesn't apply.  Unless the government announces something wonderful, a lot of small businesses are going to go bust.

Robin9

@sheepo82

What unit rates are you being quoted please ? Dont forget to include VAT.

What is the estimated consumption ?

Was the £20k before or after this weeks announcement ?


Edit :    You ask"    "How is that sustainable"   - you need to ask your accountant and not random members on this forum.