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When is the best time to switch to a permanent energy contract? Expert insights and advice

Jong argues in favor of keeping an eye on the energy market before switching to a permanent contract. “Every month in which you switch too early, you risk paying more unnecessarily. In principle, the rates for August will no longer change. So you have plenty of time to evaluate the energy market. I do not expect any major increases for September either.” You can then switch to a permanent contract in October.

“If you notice that something is wrong in the world earlier, you can change energy supplier in 21 days,” he argues further. “Prices may rise a little further during this transitional period, but I cannot imagine that it will be hundreds of euros in the current market conditions.”

The fact that you can switch suppliers so easily nowadays offers even more possibilities. Those who want to play it completely safe can, for example, already enter into a permanent contract this month, and evaluate next month whether they have made a good deal. If not, you change again.

Please note: those who signed up for a permanent contract before the outbreak of the energy crisis would do well to cherish it for as long as possible, emphasizes Hernot. “Until the end of 2021, energy was so cheap that today you would lose hundreds of euros with any contract.”

2023-08-01 10:53:00
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