Our team of highly skilled analysts will utilize your historical consumption and load profile to develop and determine the most effective purchasing strategy that best mitigates your risk to volatile market prices.
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Businesses typically utilize the following products to manage their overall electricity costs:
Our Load Following product is a fixed price solution that provides businesses the ability to secure a set electricity price (per kWh) for a specified term (e.g. monthly or annually). A Load Following product is one of the most common purchasing options for businesses with a budget certainty strategy and shelters consumers from market price volatility.
Businesses pay a variable price for electricity that fluctuates on an hourly basis with a Market Price product. A Market Price product allows businesses to take advantage of price fluctuations in low volatility environments to optimize their costs based on their hourly electricity consumption.
Block products are an alternative solution that allow businesses to implement a strategy that can mitigate risks of market volatility. Consumers who choose block solutions, purchase a specific portion of their electricity usage at a fixed rate and the remaining portion is subject to the market prices. This solution can help your business optimize its electricity costs through smart hedging strategies that are mapped to your organization’s electricity consumption. Our team of experience analysts at Active Business Services will help you select the most efficient block size (appropriate portion of electricity usage) that is tailored to your specific load profile and consumption pattern. Dependent on the nature of your operation and your consumption pattern, there are two commonly used blocks that will help optimize your electricity costs.
Base Load Block (7 days a week / 24 hours a day)
This custom block solution provides a select volume of electricity for a fixed rate covering a 24 hour basis, seven days a week. This solution is best tailored for businesses seeking a base load protection and have electricity requirements for operations running on a 24 x 7 schedule.
Peak Block (5 days a week / 16 hours a day)
This custom block provides a select volume of electricity for a fixed rate during On-Peak hours (between 7:00am – 11:00pm), five days a week (Monday – Friday). This solution is best tailored for those businesses that have electricity requirements with operations running during the day on a Monday through Friday schedule.