What we are seeing in the market
From the quotes crossing our desk every day, suppliers are pricing in significant rises: around 12% on new business energy deals from October, with a further 20% being signalled for January. These are the rates being offered to businesses coming up for renewal right now — and they are moving in one direction only. If your contract ends in the next six to twelve months, the price you will be offered is very unlikely to be the price you are on today.
Why waiting until renewal month costs you
Most business owners look at their energy contract a few weeks before it ends — or worse, after it has already rolled over. By then the options are thin: you are either rushed into whatever your current supplier offers, or you drift onto out-of-contract rates that can run 40–80% above a negotiated deal. Suppliers know most businesses leave it late, and renewal offers are priced accordingly.
The six-month rule
Six months before your contract end date is the sweet spot. That is when the market is open to you: you can compare properly, lock in a fixed rate ahead of announced rises, and still have time to serve any notice your current supplier requires (usually 30–90 days). A deal agreed today at today's rates protects you from the October and January increases for the full length of the new contract — often one to three years.
What to do this week
Find your contract end date — it is on your bill or your welcome letter, and if you cannot find it, we can. Then get a comparison while there is still time to choose. It costs nothing, takes minutes, and there is no obligation. If the market has already moved against you, at least you will know; if it has not, you can fix a price before the rises land.
Already on a rollover or deemed rate?
If your contract has already expired, you are almost certainly overpaying right now — every single month. That is the most urgent case of all: there is usually nothing tying you in, and moving to a proper fixed deal can start saving immediately.