4 min read · June 12, 2026

When Should You Lock In an Energy Contract?

The best time to lock isn't a date on the calendar — it's a set of conditions. Here's what to watch.

When Should You Lock In an Energy Contract?

Watch your expiry window

If your contract ends within 12 months, you're in the window to shop. Waiting until it expires often drops you onto a default rate that costs more.

Read the market

Locking in a soft market captures a low fixed rate; in a high market, a shorter term or a blended structure can avoid committing your whole load at a peak.

Align with your budget cycle

Many finance teams lock before a new fiscal year to fix a known cost. A contract that lands your rate before budget season removes a variable from planning.

Don't wait to be defaulted

The one timing mistake to avoid is letting a contract lapse silently onto the regulated rate. Set a reminder 6–12 months out and start the conversation early.

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