Resources · Renewal Guide

Your renewal window is shorter than you think.

Most commercial energy contracts auto-renew at unfavorable holdover or month-to-month rates if you don't act 60–90 days before expiration. Here's the full playbook — and a deadline calculator to make sure you're not caught off guard.

The 90-day window

What to do and when to do it.

90
90 days before expiration
Begin market survey

Contact PDR. We submit your account to the full supplier market, request competitive bids, and pull current forward curve data to advise on timing and term length.

75
75 days out
Review competitive bids

Bids arrive. PDR presents a comparison of all offers — rate structure, term, ETF terms, and all-in price. You evaluate with time to negotiate or request re-bids if market conditions warrant.

60
60 days out
Select supplier and sign

Confirm your selection. PDR manages enrollment paperwork, utility notification, and supplier onboarding. Most markets require 30–45 days to process a supplier switch.

30
30 days out
Confirm enrollment

Verify the switch is confirmed with the utility and new supplier. Identify your new billing format and expected first bill under the new contract.

0
Contract end date
New contract begins

Service continues uninterrupted at your new rate. If you missed the window, you may enter holdover at a penalty rate. PDR will work to exit this as quickly as possible.

Renewal deadline calculator
When do I need to act?

Enter your contract end date to see your action deadlines.

Start market survey
Sign new contract by
Contract expires
Time to start your survey
What to avoid

Five renewal mistakes that cost commercial buyers the most.

Auto-renewing at holdover rates

Most supply contracts include an auto-renewal clause that rolls you into a month-to-month or "holdover" rate if you don't provide written notice within a specified window. Holdover rates are often 20–40% above market and expose you to month-to-month volatility. This is the single most expensive renewal mistake.

Renewing at market peak

Signing a multi-year fixed contract when forward prices are at a seasonal or structural high locks in above-market costs for the entire term. PDR monitors market conditions and advises on timing — sometimes a short-term bridge contract while you wait for the market to correct is the right call.

Choosing the wrong term length

A 36-month fixed contract in a falling-rate environment commits you to above-market pricing as the market drops. A 12-month contract in a rising-rate environment leaves you re-bidding into a more expensive market every year. Match term to market outlook, not just budget preference.

Accepting the incumbent supplier's first offer

Incumbent suppliers know you're already enrolled and often submit renewal offers with higher margins, betting that inertia keeps you from shopping the market. Even if you ultimately renew with the same supplier, the process of getting competitive bids typically results in a lower incumbent offer.

Missing the exit window on an existing contract

Some contracts include a narrow "election window" during which the customer can elect to extend, modify, or exit — typically 30–60 days before a price-reset or term-end date. Missing this window may restrict your options or trigger automatic renewal provisions.

What to have ready

Information PDR needs to re-bid your account.

  • Current contract expiration date (from your supply agreement)
  • Current contracted rate per kWh or MMBtu
  • Contract type (fixed, index, hybrid)
  • Any early termination fee or exit clause language
  • 12 months of usage history (from bills or utility portal)
  • Service account number(s)
  • Planned changes to load or locations in the contract period
Term length guidance

Matching contract term to market conditions.

Term When it makes sense
12 months Forward prices are elevated. You want to re-bid when the market corrects. Maximum flexibility for operations in transition.
24–36 months Market prices are at or below historical averages. Budget certainty is a priority. Most common structure for mid-market commercial accounts.
48–60 months Forward curve is significantly below long-run average. Buyer has high risk aversion and multi-year budget commitments (e.g., manufacturing cost structures, long-term leases).
Don't miss your window

Renewal coming up? Let PDR run the process for you.

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