News
13 Apr 2021
Identifying trends to secure the best possible energy contract is something we do at Zenergi on a daily basis. Our Market Watch team track trends in the market and provide insights to our procurement team to help ensure our customers are benefitting from optimal rates every time they renew.
But we are often asked, is there a specific month which is typically the best time to renew?
In short… not really, but with expert insight it is possible to lock in the best rates regardless of the time of year.
Unfortunately, major events, such as the COVID-19 pandemic, extreme weather scenarios, like ‘The Beast from the East’ and political events, such as Brexit, have such a significant impact on energy markets that it is impossible to pinpoint the cheapest month to buy energy with any certainty. However, our analysts have compiled a report which analyses the energy market over the last six years, highlighting some interesting observations.
Read more about the factors and fundamentals which dictate the energy market here.
The overall findings of the report are detailed below.
Cheapest month for gas, on average, over the last six years: March
Most expensive month for gas, on average, over the last six years: September
Cheapest month for power, on average, over the last six years: March
Most expensive month for power, on average, over the last six years: October
You can find the full data set here. Link to PDF containing the full data.
Key Points
Get in touch with one of our consultants today to secure the best gas and electricity rates for your organisation, as well as benefitting from a range of other services to help manage your energy usage.