Business Energy Contract Termination Template

When running a business, you may encounter various reasons to terminate your current energy contract, such as:

High Costs: Switching business energy suppliers to lower business electricity prices or commercial gas rates.
Poor Customer Service: Dissatisfaction or complaints with the current supplier’s service.
Better Offers: More competitive rates or better terms from another business energy supplier.
Business Relocation: Moving to a new location.
Contract Expiry: Reaching the end of a fixed-term contract and exploring new options.

To avoid exit fees, you can only terminate a fixed energy contract at the end of the agreed fixed term. Refer to our guide to business energy contracts for more information.

💡If you choose to use our business energy comparison service, our energy experts will serve a termination notice on your behalf once you have signed our LOA.

Contract Termination Template

Our experts have created this convenient business energy contract termination template to assist you. It makes it easy to terminate your current business energy contract and switch to a new supplier.

[Company Logo]
[business name, registered address, and company number]
[Date]

To whom it may concern,

On behalf of [business name], I wish to formally terminate our [current electricity/gas supplier’s name] supply agreement as of [insert contract end date].

Our Meter Point Reference Number: [Meter Point Reference Number]
Our Termination Date: [contract end date]
Our Supply Address: [company address]

The reasons for this termination include [insert reason(s) from the list above or your specific reason].

This letter has been sent to you to ensure the business can now switch to a new supplier if we wish to do so when our current agreement ends.

Please ensure you provide us with written confirmation that you have received this notice of termination as soon as possible.

Yours faithfully,

[Signature]
[Your printed name]
[Your position held in business]