Three trends have a strong impact on the energy market: the gradual end of regulated tariffs, price volatility and the proliferation of suppliers. For consumers, the equation can seem complex. Here are tips to help you choose the right purchasing strategy for your challenges for Business Energy.
Energy Price and Bill Amount: Avoid the Pitfalls
To properly buy your energy, you need to understand how your energy bill is made up. Indeed, if the final amount you pay includes the number of megawatt hours (MWh) consumed, other elements come into play. In addition to the price of energy, the price of its transport from the place of production to your site, as well as those corresponding to the various regulatory taxes such as VAT, TICGN for gas or CSPE for electricity. When you negotiate a supply contract with your supplier, you must keep in mind that only the price of the molecule is actually his responsibility.
The Importance of Timing
When an energy supply contract comes to an end, customers can query the offers of several suppliers. However, in the current market context, the price differences between suppliers are relatively small. In fact, rather than choosing the best bidder, the key is to buy your energy at the right time. Take advantage of a real market opportunity and not just save a few cents.
To buy at the right price, it is necessary to rely on a detailed analysis of the market. This must shed light on the past behavior of the gas or electricity markets and monitor its developments in real time in order to benefit from a short and medium-term vision. This panorama and this monitoring will make it possible to better appreciate the volatility of the markets. To benefit from it, it is therefore necessary to anticipate and benefit from strong advice.
Know Your Needs
To optimize your energy purchase, you must also be well supported. This allows you to choose a contract that really suits your needs. Indeed, not all consumption profiles are alike. While an industrial bakery needs more gas to operate, this is less the case with a retirement home which uses energy primarily for heating. In other words, the price of MWh will have a greater impact on the final price of the product of the first, than on the performance of the second.
Knowing your needs, the amount of energy you consume, objectively evaluating your energy management skills, are all elements that allow you to choose the right contract. Professionals know that purchasing energy can be complicated for some, and even decisive for others. Professionals are there to define with their customers their purchasing strategy according to their needs and their activity. Fixed or indexed price, one or three year contract, they offer them the most advantageous contract depending on the market and their profile.
The Opening of the Business Utilities Market for Professionals
Following the opening of the business utilities market for professionals in, professionals are no longer restricted by the only historical supplier EDF and are now spoiled for choice! Some alternative suppliers have adapted to this very specific demand by offering services dedicated to businesses: advantageous prices, quality customer service, professional online space, self-consumption, etc.
