Fixed contract
A fixed contract locks in your energy rates for a set period.
This gives you stable monthly costs and clear budgeting, regardless of market swings.
How it works
You agree on a fixed rate for electricity and gas, usually for 1 to 3 years. Your usage can vary, but the price per unit stays the same.
When it can be a good fit
- You prefer predictable bills and low price risk.
- You do not want to monitor energy prices.
- Your usage is steady throughout the year.
Things to keep in mind
- If market prices drop, you keep paying the fixed rate.
- Ending early can involve a cancellation fee.
- Fixed contracts often include less flexibility.