Fixed
Fixed energy contracts set the price of your energy based on market prices on the date you sign the contract. They can benefit businesses that class budget certainty as an overriding priority, for example those that can’t add changing energy costs to their product price or pass them on to their end user. Businesses with small energy spends in relation to other costs may also choose fixed contracts to free up time for more important spend categories.
Fixed-contract holders should be aware that supplier risk premiums will be increased, as the supplier is taking on risk by agreeing to set rates. Changes to consumption may also invoke volume tolerance clauses, as the volume is set for the contract duration. And finally, fixed contracts see all volume purchased in one transaction. This may work in your favour, but it’s important to remember that you won’t benefit from any decreases to commodity or non-commodity costs until your contract ends.
Flexible
Flexible energy contracts allow you to purchase your energy requirement across multiple transactions throughout your contract duration, rather than relying on a single purchasing decision. Non-commodity costs can be fixed or passed through at cost, and most supplier offerings allow unlimited re-forecasting of volume to ensure you remain in control.
Choose a bespoke flexible contract and we’ll hold a discovery workshop with you to understand your individual priorities and risks. These will inform a whole market tender to ensure your contract meets all of your requirements. Next, we’ll work with you to draw up a risk management strategy, including a hedging strategy, which our experienced trading team will execute using both fundamental and technical analysis to monitor markets to the second, to maximise market opportunity. Our Pulse energy management software can monitor your market position 24/7.
We don’t believe in standing still. We’ll constantly evaluate and report back on your risk management and hedging strategies to ensure they remain appropriate for your needs and changing market conditions.
Framework
Trident’s frameworks offer a flexible purchasing option for consumers who can’t access stand-alone flexible contracts due to volume thresholds. We have several framework providers, including options for 100% natural renewable energy and green gas.
Our rigorous tender process means you can trust all our providers to provide transparent fee structures negotiated by our team, to have agreed to SLAs, and to designate named contacts and set escalation points.
You can choose from several framework risk strategy options and are free to switch strategy at any time, providing you transfer your traded position to the new strategy.
No matter which one you chose, your volume requirement is purchased over multiple transactions, which reduces the risk of buying large volumes at unfavourable times.
Not sure which type of contract to choose? Our team will be happy to discuss the pros and cons to help you decide what’s best for your business.
Public Sector
We offer PCR-compliant utility purchasing for public-sector organisations, with both fixed and flexible options available. With over 20 years’ experience and a wide range of supplier options for electricity, gas and water, we’ll ensure you benefit from robust and highly competitive agreements.
