| Automatically renewing contracts, otherwise known as | | | | too busy trying to run their own business.' An indication |
| 'evergreen' or 'rollover' contracts originated in the U.S. | | | | of the percentage increase over the existing contract |
| firstly as a convenience to cut down on the added | | | | would be far more informative. |
| administration for both parties of creating new | | | | Furthermore, not receiving such a notice cannot be |
| contracts annually and, in the case of services such as | | | | relied upon as an excuse to invalidate the contract. As |
| insurance, to ensure continuous cover. The savings | | | | long as the supplier has proof of posting it will be |
| made on administration by the service provider could | | | | deemed to have been received. |
| also be passed onto the customer by offering more | | | | From what was originally conceived as a new type of |
| competitive rates and invariably the contract would | | | | contract to make life easier for both parties we are |
| include a direct debit mandate. Both parties were | | | | now left with agreements tipped wholly in favour of |
| happy - the customer had lower rates and less hassle. | | | | the supplier. |
| The provider had a captive customer who, so long as | | | | Electricity4Business' Marketing Director Graham Paul |
| prices continued to be reasonable, would remain loyal. | | | | argues that truly competitive suppliers are being locked |
| The icing on the cake was the guaranteed regular | | | | out of a large part of the market despite offering |
| payment. | | | | cheaper prices and far more favourable terms. 'If we |
| Then along came the newly de-regulated utilities who | | | | can offer some of the cheapest business electricity |
| similarly identified real advantages in the evergreen | | | | prices in the market' says Paul 'whilst maintaining the |
| contract both for themselves and for their customers. | | | | customer's choice to move should he so wish then |
| And whilst prices remained fairly stable both parties | | | | those who are renewing customers at rates twice as |
| remained happy. | | | | much as ours should at least allow the customer to |
| However, prices of utilities such as gas and electricity | | | | make his own decision.' |
| are prone to wide fluctuations depending on a | | | | But there is light at the end of the tunnel since it's often |
| multitude of factors and when this happens the | | | | said that what happens in the U.S. is mirrored in the |
| attraction of the evergreen contract for the customer | | | | U.K. after a short period. |
| begins to wane. | | | | Some U.S. states, amongst them the powerful State |
| Previous inertia is replaced by shear panic when the | | | | of New York, have sought to redress the balance with |
| customer suddenly learns that the annual electricity bill | | | | evergreen contracts by imposing strict controls on their |
| is doubling and that the evergreen contract prevents | | | | terms and conditions. New York General Obligations |
| him from switching to a far more reasonable rate from | | | | Law 5-903 prohibits the automatic renewal of |
| a competitor, thus stifling the competition that | | | | contracts unless the customer is provided with notice |
| de-regulation was supposed to promote. | | | | by certified mail at least 15 days and not more than 30 |
| Not all the blame can be laid at the supplier's door as | | | | days prior to the time specified. |
| he is also subject to the irregularities of the wholesale | | | | The state of Alberta in Canada protects the customer |
| market and can ill afford a mass exodus when ready | | | | still further. The first bill you receive after the contract |
| to negotiate forward the next round of energy deals. | | | | has been renewed must clearly and prominently state |
| However, the supplier is responsible for drafting the | | | | that the marketing contract has been renewed and |
| terms and conditions upon which the evergreen | | | | state the price you will be charged for your supply of |
| contract is based and it is these terms and conditions | | | | energy. You have 30 days after receiving this first bill |
| that will determine just how reasonable the contract is. | | | | to cancel the renewed contract without cost or |
| Post de-regulation new entrants to the UK market, | | | | penalty. |
| Enron Direct, a subsidiary of the infamous American | | | | Energywatch, the U.K. regulator, is now clearly onto the |
| energy giant which collapsed in 2001, brought with | | | | case. Following complaints from many small |
| them evergreen contracts with terms and conditions | | | | businesses it wants to ensure that where evergreen |
| which later some prominent North American states | | | | contracts are chosen 'that these commercial |
| were to challenge. | | | | arrangements are fair and clear and do not have the |
| Alas, this set the standard for many other suppliers | | | | effect of preventing consumers from moving supplier |
| and the U.K. is now littered with contracts where: | | | | at the end of a contract where they choose to do so. |
| - 90 days cancellation notice is required prior to the | | | | We are concerned that this trend is having the effect |
| contract end date to avoid rollover | | | | of further reducing consumer choice.' |
| - cancellation is only accepted by phone which is | | | | For this reason Energywatch has sent a full |
| subsequently unverifiable and may discriminate against | | | | questionnaire to all business suppliers requesting their |
| the hard of hearing | | | | response to a series of questions relating to this issue |
| - customers are not informed of the new rates until it | | | | along with copies of their full terms and conditions. |
| is already too late to avoid the rollover | | | | Responses are required by early November 2006 |
| As if this weren't enough, the customer is often further | | | | after which Energywatch will evaluate the responses |
| disadvantaged by the way in which notice of a price | | | | and propose a set of guidelines for suppliers which will |
| increase is delivered, if indeed it is delivered at all. | | | | cover supplier processes, consumer communications |
| Typically, the supplier will not give any indication of the | | | | and contract terms. |
| enormity of the price increase but simply give a new | | | | Here is a true opportunity for Energywatch to show its |
| figure in pence per unit which can be very confusing | | | | teeth. Anything less than the outcomes cited above in |
| for the average small business. Mark Todd of Energy | | | | the U.S. and Canada will surely be letting the U.K. small |
| Helpline claims that '...in many cases customers simply | | | | business down. |
| accept the price hike through inertia because they're | | | | |