Now is a good time to renew your electricity contract. Renewing your contract mid March is a perfect time to lock in on a good electricity rate. From late April until August, rates will reach a mid-point high for the year, due to the demand for air conditioning and will result in a higher electricity rate. People typically sign 12 month term contracts. If you are currently on a contract that expires during those periods, consider signing a 6-9 month contract next time. This will structure your contract to expire when electricity prices are relatively lower. Once that is completed, you can began signing 12 or 24 month term contracts again. Set up your contract in a way that saves you money!
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