Economy Gas business energy supplier profile
Economy Gas is a UK business energy supplier focused on non-domestic gas customers. Its website says it specialises in supplying UK business customers and offers gas quotes and related business services. The terms and conditions confirm supply for business use and explain fixed-term contracts, deemed customers, and out-of-contract charging.
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Snapshot, in plain English
Is Economy Gas right for your business?
Licensed for 30 years with accounts currently filed. Sizing detail not yet independently researched, but the Companies House profile shows an established, active licensee suitable for single-site SME and mid-market multi-site contracts. Run standard counterparty due diligence before a 3-year commitment above £250k spend.
Risk band reasoning: Active, 30 years trading, accounts current.
| Your business | Fit | Why |
|---|---|---|
| Single site SME | Fit | Often competitive on single-site fixed rates. |
| Multi-site SME | Fit | Most mid-market suppliers handle multi-site billing. |
| I&C £250k to £1m spend | Possible | Check counterparty viability over a 3-year term. |
| I&C above £1m spend | Not suited | Below the scale threshold for I&C tenders. |
Quick facts
| Trading name | Economy Gas |
|---|---|
| Licence holder | ECONOMY GAS LTD. Parent: Economy Gas Limited (Company No. 03063407); now part of the Verastar Ltd group |
| Supplies | Gas |
| Website | economygas.com |
| Business phone | 0161 946 0333 |
| Email / contact | info@economygas.comContact page |
| Rate status | Quote required |
Company data
Live data on the licence-holding companies behind Economy Gas, compiled by Purely Energy's independent research team and refreshed monthly.
Economy Gas out-of-contract and deemed rates
Not publicly published / quote required. The supplier terms say deemed customers are charged at the supplier's Out of Contract Rates, and the Out of Contract Rate is published on economygas.com/deemedcontract/ or otherwise notified from time to time, but I could not verify a live public rate table or PDF with exact unit rates and standing charges from the site in this research pass.
Economy Gas published rate page
If you are on deemed, default, rollover, variable, or Out-of-contract rates, ask for a written renewal quote and compare it against live market prices before agreeing a new contract.
Where your p/kWh actually goes
Indicative split for a UK I&C electricity bill in 2026, sourced from Cornwall Insight's non-commodity cost research. Your meter, region and contract type shift the exact mix, but the four components are always present.
- Wholesale energy, 38%Gas or power bought on the wholesale market. The figure most coverage focuses on.
- Non-commodity costs, 53%Network charges (DUoS, TNUoS), policy levies (RO, FiT, CfD, Capacity Market), CCL and balancing costs.
- Supplier margin, 6%What the supplier earns. Always priced into the unit rate.
- Broker margin, 3%What we earn for tendering and managing the contract. Shown separately on every Purely Energy quote.
Who Economy Gas may suit
Best fit for small and micro businesses needing non-domestic gas supply and possibly bundled business telecoms services. The supplier materials reference business customers, micro businesses, and contract-based supply rather than standard household tariffs.
Trading name and licence-holder notes
The licence holder appears to trade as Economy Gas and is associated with Verastar Ltd in supplier materials. The company page on Ofgem identifies Economy Gas Limited, company number 03063407, while the website states Economy Gas Ltd is part of the Verastar Ltd group.
Switching from Economy Gas to a fixed business contract
UK businesses can switch gas supply away from Economy Gas once their fixed contract ends, or after resolving any open objection or termination-window issue. The process is the same for every supplier on the non-domestic market, but a few checks done in the right order make the transfer materially faster.
- 1. Find your contract end date. It's on your last renewal letter or the most recent bill from Economy Gas. Most non-domestic contracts have a 1 to 6 month termination window before that date, outside of which you may auto-roll onto a new fixed term.
- 2. Get your MPRN ready. The 21-digit MPAN (electricity) and 6 to 10-digit MPRN (gas) uniquely identify each meter and are needed for any competing quote. Both appear on your bill.
- 3. Compare against the live market. Economy Gas doesn't publish standard out-of-contract rates, so request a written renewal quote first and benchmark it against live market prices before agreeing anything. Purely Energy can run your meters against the wider UK panel and come back with the cheapest fixed offers.
- 4. Settle the final bill and clear any objections. Economy Gas will issue a final bill within 6 weeks of supply transferring. If a balance is outstanding, they can object to the switch under industry rules, so clear it before the transfer date to avoid a hold.
- 5. Sign the new contract. Once the new supplier has your MPAN/MPRN and signed contract, the transfer typically completes within 4 to 8 weeks. There is no break in supply, you simply receive your first bill from the new supplier.
Need help with any of these steps? Our team handles the paperwork end-to-end as part of every quote.
Need help comparing Economy Gas?
Purely Energy can check your current rates, compare renewal options across gas suppliers, and review whether switching could reduce your business energy costs.
FAQs
Who supplies energy under the Economy Gas brand?+
The Ofgem non-domestic licence is held by ECONOMY GAS LTD., ultimately part of Economy Gas Limited (Company No. 03063407); now part of the Verastar Ltd group. The trading name on your bill or contract may differ from the licence holder, which is normal and reflects how UK energy is regulated.
What is the Economy Gas business contact number?+
Economy Gas can be reached on 0161 946 0333 or by email at info@economygas.com. The official contact page is http://www.economygas.com/contact.aspx.
Does Economy Gas publish out-of-contract rates?+
Economy Gas does not appear to publish a standard deemed or out-of-contract rate online. Business customers should request a written renewal quote in advance of their contract end date and compare it against live market prices.
Can I switch away from Economy Gas?+
In most cases, businesses can switch gas supply away from Economy Gas at the end of a fixed-term contract or after resolving any objections, debt, termination-window, or meter-data issues. The safest route is to check your contract terms, final bill position, and renewal dates before starting a transfer.
How long does it take to switch from Economy Gas?+
Once a new supplier has the meter point details (MPAN/MPRN) and a signed contract, a non-domestic switch typically completes within 4 to 8 weeks. Supply does not break: the new supplier takes over billing on the transfer date.
Is Economy Gas a UK-licensed supplier?+
Yes. Economy Gas is on the Ofgem non-domestic licensee register for gas. Ofgem maintains the official register at ofgem.gov.uk.
What are out-of-contract business energy rates?+
Out-of-contract rates are the prices a business pays when no fixed-term contract is in place with its supplier. They can be materially higher than negotiated contract rates, so businesses should check their contract end date and renewal window before they expire.
Other UK gas suppliers
Compare Economy Gas against these other UK non-domestic gas licensees on the same directory.
- BARROW SHIPPING LTD. / Fuels GasBARROW SHIPPING LTD.
- Ceres EnergyCERES ENERGY LTD.
- Crown Oil LtdCROWN OIL LTD.
- Data EnergyDATA ENERGY MANAGEMENT SERVICES LTD.
- Eni Global Energy Markets (EGEM)ENI GLOBAL ENERGY MARKETS SPA
- Equinor UK LtdEQUINOR UK LTD.
Or browse the full UK business energy supplier directory.
Sources
Public data this profile is built from. Always verify rate and contract details on the supplier's own website before relying on them.