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Should You Lock-in Your Business Energy Prices in Advance?
Energy Prices
7/29/2025
Mike Morris

📅 Should You Lock-in Your Business Energy Prices in Advance?

If you’ve ever wondered whether it’s smart to fix your energy rates ahead of time, you’re not alone. At Ecosave Gas and Power, we help UK businesses make confident, cost-effective decisions — especially when it comes to forward buying energy.

Let’s break down what it means, why it matters, and how to know if it’s right for your business.

🔒 What Is Forward Buying?

Forward buying means purchasing your business energy in advance at a fixed price for a set period — usually 12, 24, or 36 months. It’s a strategy designed to:

  • Protect your business from price spikes
  • Provide budget certainty

📈 Why Businesses Choose to Forward Buy

  • Stability in a Volatile Market
    Energy prices can swing wildly due to global events, supply issues, or seasonal demand. Forward buying locks in your rate, shielding you from sudden increases.

  • Better Budgeting
    Knowing exactly what you’ll pay for energy helps with long-term financial planning — especially for businesses with tight margins or high usage.

🏢 Real-Life Example: The Manufacturer That Beat the Market

A Midlands-based manufacturing firm we worked with locked in a 24-month fixed-rate contract just before wholesale prices surged in 2022. The result?
They saved over £18,000 compared to similar businesses that opted not to fix early.

🧠 What to Consider Before You Commit

  1. Market Timing
    Energy markets are complex. We monitor trends daily to help you decide when to lock in — and when to wait.

  2. Your Usage & Budget
    We’ll help you assess your historical usage, forecast future needs, and make sure forward buying aligns with your cash flow.

  3. Supplier Options
    Not all fixed contracts are equal. We compare offers from trusted UK suppliers to find the best fit for your business.

  4. Energy Efficiency
    Before locking in, we’ll help you explore ways to reduce your usage — so you’re not paying to fix a problem that could be solved.

🤝 Why Work with Ecosave Gas and Power?

We’re not just here to sell you a contract. We’re here to help you:

  • Understand the risks and rewards of forward buying
  • Time the market with expert insights
  • Compare fixed-rate deals from across the UK
  • Make confident, informed decisions that protect your bottom line

📞 Thinking About Fixing Your Energy Rates?

Let’s talk. Whether you’re planning ahead or reacting to market changes, we’ll help you make the right move.

👉 Get a Free Business Energy Quote
👉 Speak to an Energy Expert Today