Gain access to Wholesale Energy prices.
Develop a risk strategy suited around your own needs.
Procure at the right times to keep your prices low.
Take advantage of substantial buying volumes.
Receive multiple offers analysed and ranked on a like-for-like basis.
Energy Procurement - Flexible Or Fixed
Flexible or Fixed....which to choose?
In simple terms unlike a traditional Fixed type arrangement which offers clear forward cost forecasting for each month, Flexible deals enable access to wholesale prices and so whilst your monthly costs are not as certain or achieve a flat price, importantly these enable any unsecured volumes to fully benefit from any lo spot market prices which historically have outperformed a Fixed type approach.
Due to tough trading conditions many companies are adverse to shock increases at board level and so need a balanced risk for budget purposes but who still wish to benefit from any cheaper spot price.
Most of our clients have already taken advantage of our Flexible Wholesale buying agreements and so now benefiting from the current low wholesale market prices.
Our approach is tailored to take into account understand your view of risk and tailor a Flexible product to suit your needs. As such each client will be advised to secure enough forward volumes for budget purposes and yet still retain control over their remaining purchasing decisions in conjunction with DEP's advice.
For those looking for a simplistic approach may take a basic Flex so that by a certain renewal or budget date they have already bought all their forward energy but secured from multiple tranches (volumes) at different points in the market to enable a safer market spread of wholesale buying versus a traditional Fixed deal.
For those looking to benefit from the favorable Day Ahead spot prices then as well as the same multi-tranche options for each month of the contract term, for any unsecured volumes will be secured on the wholesale price or until such times as prices reach a preset agreed Price Trigger by way of "Cap and Collar" type method.
For some it can be as simple as having say 50% of their energy Secured for the contract duration and the rest left to be secured on the wholesale markets.