What is a fixed term contract?

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A fixed term contract usually applies to businesses or other very large users of energy. This contract is fixed for a given period, perhaps one or two years. If you terminate a fixed term contract early, you may be liable for a fee. There are two main exceptions where fixed term contracts can be cancelled without penalty, first when you are moving house, and second, when your supplier increases its price.


August 27th, 2017|