According to Direct Energy’s latest update, February looks to continue the warmer-than-average trend we saw in January.
These warmer temperatures have kept natural gas usage low, leaving a surplus of fuel compared to the last five-year average.
So what does this mean for energy brokers?
It means it’s still a great time to lock in rates for your clients. Even though months are warmer-than-average, it doesn’t mean we won’t see cold snaps that drastically usage and rates.
Consumers should lock in these exceptional prices now so they don’t end up paying more when the market changes.