What is a rollover contract?

What is a rollover contract?

By | 2017-04-10T10:38:46+00:00 April 10th, 2017|

Most business contracts are on a fixed term basis, that means you pay a defined price over a defined period. You cannot exit this contract before the defined period is over and more importantly, if you do not actively terminate your contract in time and in line with your terms and conditions, it is automatically renewed (rolled over) when the contract completes. This often means that you are stuck with higher energy prices without prior notice for at least a year or longer, for larger businesses.

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