EDF Energy has launched a new automatic rollover contract with no exit fees for small business customers.
The power supplier said small businesses that do not contact the company at the end of their contract will now have their prices frozen for a year but will have the freedom to leave anytime without paying a penalty if they find a better deal.
Whilst British Gas, SSE and npower recently announced plans to end energy contract rollovers altogether, EDF Energy claims its new initiative “goes further” by offering its business customers the “best of both worlds”.
Richard Hughes, Director of small and medium business at EDF Energy said: “Customers who do not contact us before their contract end will be moved onto our Easy Fix tariff, which will freeze their prices for a year but comes without exit fees.
EDF Energy offers auto rollover contracts with no exit fees