The time you sign can set the prices you getEnergy prices have reached four years lows. If you’re looking at energy contracts, now is the time to make the most of it. Even if your energy contract isn’t up for renewal, acting now may mean you can lock in a better price than you would in the coming years. Prices in the energy market can fall or rise after you sign a deal. It’s not often that energy retailers will let you move down with the market if prices fall but there are solutions that can. Look for plans with tools like the Active Option, which can move you down to a lower rate if the market falls.
Business operationsIf the future of your operations are uncertain or likely to change, there are options to help. You can look for:
- Flexible contracts with no fees or penalty for changes for the volume of energy you use
- Plans that let you know how and when to use power to make the market work for you
- Contracts that put you in control of your energy use and the term of the contract. For example, three month rolling wholesale contracts, or 6-12 month contracts