Smarter energy purchasing

Energy procurement is like shopping for the best deal on the electricity or gas your business needs to run smoothly. It's about finding the right source and price for your energy supply. Learn more about index pricing in our blog!

Index pricing is tying the price of your energy to the market. When the market goes up, your energy cost goes up, and when it goes down, your cost goes down. It's a flexible way of pricing energy that can change over time. Checkout our article on index pricing to learn more!

Not paying the utility rate is like shopping around for the best price. You can find better deals elsewhere and save money on your energy bill.

With a fixed rate for energy, your bill won't change even if the market's price goes up or down. Your energy cost stays the same, like paying a fixed amount for a flight no matter when you go.

You might decide to lock in a fixed rate (block) for some of your energy needs to have cost predictability while also buying energy at the current market rate (index) for other parts of your energy consumption. It's like having a mix of stable-priced and market-priced energy to balance your costs in the energy market.

It's quite common. Around 73% of medium-sized commercial buildings, 87% of large commercial buildings, and 93.9% of very large commercial buildings actively engage in energy procurement to manage their energy costs and ensure reliable supply.