Avoid the Rollover tariff

Avoid the Rollover tariff

Understanding Rollover Tariffs: A Hidden Risk for Micro-Businesses

In the realm of energy contracts, Rollover tariffs, also known as Evergreen tariffs, may seem convenient, but they can be costly for small businesses. These tariffs can lock you into higher rates with limited options, making it vital to avoid them.

What Are Rollover Tariffs?

Rollover tariffs automatically renew your energy contract at the end of a fixed term, typically for another 12 months. Unlike initial fixed-term agreements with set rates, these tariffs can impose higher prices and restrict your ability to switch to better deals.

The Downsides of Rollover Tariffs

While they ensure continued energy supply, Rollover tariffs can be a financial burden. They often result in higher costs, especially if market rates drop or more competitive plans emerge. Once locked in, you’re committed to the contract, limiting your flexibility and potentially increasing expenses.

How to Avoid Rollover Tariffs

Effective contract management is key to avoiding these pitfalls. Monitor your contract end dates and actively seek new deals before your current agreement expires. Recent regulations have removed the requirement for termination notices, making it easier to switch to more favourable energy contracts.

Our Solution

Don’t let your contract roll into a costly Rollover tariff. Fill out our Quotation Request Form today, and our team will find a competitive energy deal tailored to your micro-business. By securing a better contract now, you can sidestep the Rollover trap and save on energy costs.

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Conclusion

For micro-business owners, avoiding Rollover tariffs is essential for managing energy expenses effectively. By staying proactive and informed, you can switch to better plans and maintain a cost-efficient energy supply. Take control of your energy contracts today to ensure your business’s success and growth in a competitive market.