Large market energy contracts might be easy enough to manage but what about procurement for the dozens or hundreds of small market meters?
Progressive energy procurement
You can now progressively purchase electricity and gas throughout the year with small market meters to optimise for the best price.
This flexible approach means you can lock in pricing when market conditions are looking favourable.
Threadlet goes to market every month to find better prices with the group buying power of thousands of meters.
We sign bulk agreements throughout the year as well as optimise for the best market rates every month.
This locks in savings when prices go down that you benefit from, while benefiting from previous agreements when prices are going up.
Progressive purchasing for small market meters is a win-win in both scenarios. Especially when optimising across different networks, retailers, and regions.
Pros:
- By actively managing your purchasing, you can take advantage of short term dips in the market. This helps you save money over time.
- Purchasing your electricity in multiple transactions helps you spread and mitigate risk.
Cons:
- This is a relatively new method of purchasing energy, especially for small market meters so your organisation may need some internal education before they feel comfortable making the switch.
Ultimately, the way you want to procure energy is likely the way it’s always been done, and Threadlet has fixed price options for that.
But if you want to take advantage of market fluctuations it’s worth trying progressive purchasing with Threadlet's auto-switch product to see how much you could save.
