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What are Deemed (or out-of-contract) Rates?

deemed out-of-contract rates
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What are Deemed (or out-of-contract) Rates?

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These rates are usually the worst and usually apply to businesses that are either new to the property or have terminated a contract but failed to switch to a new supplier. The good news is that, like 28 Day contracts, there is only a maximum of 28 days notice required to switch onto the cheapest electricity rates.

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