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Compare how a fixed and a flexible (flexed) energy contract work, and see which one suits the way your business buys energy.
Flexible contracts benefits you to have the freedom to choose when and how much energy you purchase, putting you in control. You benefit from our market intelligence to make an informed decision on your purchase. We will track the market on your behalf and have triggers set if the market falls, we will be pro-active to inform you. A flexible energy contract offers multiple buying opportunities, greater transparency, and the possibility of selling back. It allows businesses to take advantage of a falling market and provides the ability to re-forecast volume. They provide the framework for you to separate third party costs from the cost of purchasing the energy directly at wholesale prices.
In a flexible contract you have the options to purchase your consumption ahead of time and in a declining market this pushes your weighted average lower with every purchase. This will help you identify the raw commodity costs. You have the freedom to purchase anything from 12 months ahead or 1 month ahead.
Strategies our risk management team will collaborate with you to understand your goals and align them with the right strategy. We negotiate the best energy contract that meets your commercial terms and provides the necessary flexibility for strategy execution.
Fixed v Flex, Fixed pricing is a type of energy contract where the price for each unit of energy is fixed on one day for a set period (typically 12-24 months). Flexible contracts are essentially a framework which allows the end user to purchase energy in smaller chunks during the contract period, rather than all at once.