In today’s volatile energy market, locking in favourable rates isn’t just smart – it’s essential for your bottom line. With prices fluctuating daily, knowing when and how to secure the best deals can save your business thousands.
Let’s explore how you can lock in the best energy rates and protect your business from market volatility.
The Power of Rate Lock-ins
Energy markets are unpredictable.
Just look at recent history.
In the past year alone, we’ve seen price swings of up to 25% in wholesale energy markets. These fluctuations directly impact what businesses pay.
Locking in rates during favourable windows creates certainty in an uncertain world.
When is the Right Time to Lock in Rates?
Timing matters more than most realise.
The energy market follows seasonal patterns, with certain windows offering better opportunities than others.
August and September often present ideal opportunities for winter contracts.
March and April typically offer good windows for summer rates.
According to recent data from the Department for Energy Security and Net Zero, wholesale gas prices have decreased by approximately 12% since their peak earlier this year, creating a potential opportunity window for businesses looking to lock in rates.
Fixed vs. Flexible Contracts
Here’s where many businesses get confused.
Fixed contracts provide certainty but might miss opportunities if prices fall.
Flexible contracts allow you to benefit from market dips but require more active management.
The right choice depends on your risk tolerance and energy usage patterns.
For most small to medium businesses, a well-timed fixed contract offers the best balance of security and savings.
How Far in Advance Can You Lock in Rates?
Want to know something surprising?
You can secure energy contracts up to 12 months before your current contract ends.
This extended window gives you more opportunities to catch favourable market conditions.
A hospitality client recently locked in rates 10 months early, saving 15% compared to their previous contract.
The Process of Securing Locked-in Rates
The process is simpler than you might think:
- Market analysis – We monitor trends and identify optimal windows
- Supplier negotiation – We leverage our relationships with 50+ suppliers
- Contract review – We ensure terms protect your interests
- Rate lock-in – We secure your preferred rate for the contract duration
- Ongoing monitoring – We keep you informed of market changes for future planning
Common Pitfalls to Avoid
Many businesses make these mistakes:
Waiting too long – Market opportunities don’t last forever Not reading the fine print – Some “fixed” contracts have hidden variables Focusing only on unit rates – Other charges can significantly impact total costs Going direct to suppliers – Missing out on broker-negotiated rates
Real Results from Rate Lock-ins
The numbers speak for themselves.
A client locked in rates last August, avoiding a 22% market increase that occurred in November.
Another hospitality client avoided a 3 year contract, opted for a 1 year contract as advised due to forecasted falls in 2024 then locked in 33% cheaper the following year.
How Link Utility Consultants Makes a Difference
We don’t just find you good rates.
We find you the right rates at the right time.
With our forecast-led insights, transparent pricing, and capped broker commissions, you get:
Expert market timing advice Access to exclusive supplier deals Complete visibility of costs and commissions Guaranteed better rates than direct supplier renewals
Take Control of Your Energy Costs
Energy prices will always fluctuate.
But your business doesn’t have to ride that rollercoaster.
By locking in favourable rates at the right time, you create budget certainty and protect your bottom line.
Ready to secure better energy rates for your business? Contact us today for a no-obligation consultation and discover how much you could save.
Don’t leave your energy costs to chance – lock in your advantage today.
