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Dream Looks Escaped Deemed Rates and Saved 46%

This Marylebone boutique had been overpaying for 2 years on deemed rates. Meet George switched them to a competitive fixed contract - cutting their energy costs nearly in half.

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Industry

Fashion Retail

Location

Marylebone, London

Previous Spend

£2,800/year

Previous Status

Deemed Rates (2 years)

Annual Saving

£1,307

Date

Q4 2025

The Challenge

Stuck on Expensive Deemed Rates for 2 Years

Dream Looks is a boutique fashion store in the heart of Marylebone, London. Like many small retailers, the owner was focused on what matters most - curating collections, serving customers, and running the day-to-day business. Energy contracts simply weren't on the radar.

When their original energy contract expired, they were automatically moved onto deemed rates - the expensive default tariff suppliers charge when you're out of contract. For two full years, Dream Looks was paying 38.6p per kWh - nearly double the market rate.

The standing charge was equally inflated at 139.5p per day - money being wasted every single day, whether the shop was open or closed.

Dream Looks Boutique storefront in Marylebone, London

Deemed rates can be 40-80% more expensive than contracted rates. If your contract has expired and you haven't actively renewed, you're likely overpaying right now.

Learn more about deemed rates →

The Approach

From Deemed to Fixed in Days

Meet George identified the problem immediately and moved quickly to secure a better deal:

1

Deemed Rate Detection

We identified that Dream Looks had been on expensive deemed rates for 2 years - paying 38.6p/kWh when the market rate was significantly lower.

2

Market Comparison

Using live API data from 20+ UK business energy suppliers, we compared their deemed rates against current market pricing for London retail premises.

3

Contract Negotiation

We secured a competitive 3-year fixed contract at 22.31p/kWh (including our transparent 1p/kWh fee) - locking in protection against future price rises.

4

Seamless Switch

We handled the entire switching process. Dream Looks continued trading without interruption while we managed the transfer behind the scenes.

The Results

46% Reduction with 3-Year Price Protection

Total Annual Saving

£1,307

46% reduction, locked in for 3 years

Rate Comparison

Before (Deemed Rates)
Unit Rate 38.60p/kWh
Standing Charge 139.50p/day
After (3-Year Fixed)
Unit Rate 22.31p/kWh
Standing Charge 49.54p/day

(incl. 1p/kWh Meet George fee)

Unit Rate

38.60p 22.31p

42% cheaper

Standing Charge

139.50p 49.54p

64% cheaper

Industry Insight

Why Small Retailers Overpay

Independent retailers are experts at what they do - sourcing products, merchandising, and customer service. Energy procurement falls to the bottom of the priority list, and when contracts expire, businesses silently slip onto deemed rates without realising.

Common Issues We See

  • Left on deemed rates after contract expiry
  • No awareness of market rate comparisons
  • Busy running the business - energy not a priority
  • Assumed switching would be complicated or disruptive

The good news? If you're on deemed rates, you can switch immediately with no exit fees. There's no contract to break - you're already out of contract.

About Dream Looks

Dream Looks is a boutique fashion store located in Marylebone, one of London's most desirable shopping destinations. Specialising in curated collections and personalised styling, Dream Looks has built a loyal customer base who appreciate their eye for unique pieces and exceptional service.

Are You Stuck on Deemed Rates Too?

If you're a retailer, restaurant, salon, or any small business that hasn't actively renewed your energy contract recently - you could be overpaying by 40% or more. Let us check for free.

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