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New plan by AGL suggest 24 months - I move in 7

Hi there!ive just received an email from AGL stating that my current plan is ending in December and that a new plan will automatically be set up. This new plan said it was set to 24 months but I know I will be leaving in 7-8 months and therefore may have to cancel my account with AGL. Can you advice me what penalties I would incur if I went ahead with this 24 month plan knowing I may have to cancel in the mid year? what is this 24 month plan, can this please be explained to me in more detail?
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