We can offer your Business a range of electricity products to suit all types of businesses; our experienced energy Advisors will help you select the best Fixed Priced Contract most suited to your energy needs.
If you have more complex requirements, we are able to offer a range of Index Tracker Products, which allow you to be more flexible to changing energy prices throughout the year. With a Index Tracker Contract, your purchasing is typically spread across the contract period, allowing you to monitor the market and potentially benefit from lower prices.
An Index Tracker price is not a set fixed price contract, the rates per Kwh are tracked by Market prices, these rates are used by Companies that have a large Consumption usually over 300,000 Kwh's per Month).
The Index Rates are priced on a month by month basis, you can Fix the price of the month you wish to secure, the easy way this system works is you can secure the best months rates any time, if March, April and August rates are very good you can secure these months and the Rate is fixed and will not rise. The months that are left will Track the Market and can be locked in at any time.
The Index Tracker rates can rise and fall depending on the Market, but when you are on a fixed price contract you are held by those rates, index rates for the large consumer, because they Track the market are usually better at different times of the year, following the market at the present time is an effective tool to reducing your Energy Cost
A fixed price contract is where the supplier has agreed to fix the contract price with the Client for a specified period. Consumers on a fixed price contract may pay more than those on a Index Tracker Contract, but the benefits can be knowing in advance what you charges will be and hopefully, avoiding any industry price increases that could reasonably be expected during the life of the contract.
A fixed price contract is not a fixed amount per month, it is a fixed amount per kWh, so bills will still can dependent upon consumption.
Prices can be increased on a fixed price contract. The supplier terms and conditions will outline the possible scenarios or reasons why a supplier will increase the contract price.
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