E.ON to eliminate rollover contracts for SMEs

E.ON, one of the UK’s leading energy suppliers, has announced plans to start offering both existing and new customers products without an auto-rollover option as of 31st March 2014, taking an important step towards making energy deals simpler and fairer.

The company’s decision is largely based on results obtained from research targeting its SME customers, which suggest that up to 86% of firms in this category would prefer to negotiate a new contract or move to a more flexible agreement rather than automatically being ‘rolled’ on to a new long-term fixed price deal, a news report on the matter can reveal.

E.ON’s standard contracts for SMEs already includes specific provisions allowing customers to opt out of auto-rollovers but, as of the 31’st of March, the auto-rollover option will be removed completely.

SME customers who choose not to take a new product once their existing deal runs out will be moved on to the cheapest variable rate tariff, with a 30-day notice period and no exit fee. In response to customer feedback the window for negotiating a new deal has been extended to 30 days ahead of their product end date, giving customers more time to ensure they can find the best deal for them.

Alongside these changes, E.ON now publishes all variable SME tariff rates on its website, allowing customers to easily compare the rates available to them.

E.ON’s initiative represents a major step in the right direction for SMEs, but implementing additional energy-saving measures designed to slash their consumption and bills by 20 to 30% plus is also something every SME energy manager should consider.

HeatingSave optimizes any heating system’s overall functionality by taking into account a variety of factors, such as internal and external temperatures, occupancy, time of the year, the particular characteristics of installed boilers, etc. All of the data is used in order to determine the best heating patterns for the various heating zones within any building, using our proprietary heat-loss algorithm.

The end result is that users still get a very good level of comfort, while in the same time saving energy and money in the process.

If you’d like to find out more details on all the features HeatingSave has in store, just contact our dedicated product team, they’ll be more than happy to provide you with all the necessary information.