Reduce your energy spend by forwarding contracting

What is forward contracting?

In its simplest terms, forward contracting is the securing of anenergy contract in advance that will come into play after your current agreement has concluded. Not only does this prevent you from returning to costly default rates, but it also allows you to form an agreement based on terms available now, rather than a later date when the market may’ve risen.  

Could it really make a difference?

Yes it could - by locking in a fixed price for future energy use, you can mitigate the risk of volatile market prices and create a more predictable budget.

Are there early termination fees?

There are early termination fees associated with cancelling your current contract, which vary depending on your retailer. But with forward contracting, there’s no need to cancel your current contractto secure rates.

How does this impact my current contract?

It doesn’t! The great thing about forward contracting is that you canline up an entirely new contract without impacting what you currently have in place.

When’s the best time to forward contract?

Historically, the best time to forward contract has been Autumn, as (simply put) energy use is at its lowest between Summer and Winter,so rates are traditionally lower, however, many variables could impact prices so it's important to speak to an Energy Expert to see if it's the right time.

Energy Assessment  

To gain a complimentary energy assessment of your bills, send us your recent bill or cacll for more information.

Alycia McCarthy
Partnerships Specialist
0478 670 420
alycia.mccarthy@choiceenergy.com.au