18.11.2021

How to understand energy prices? It is worth doing this to lower your electricity bills

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Adam Wlizło

Member of the Board

Instead of buying another pill for the headache that arises after receiving the electricity bill, it is worth asking yourself whether I can buy energy cheaper. In most cases, the answer is positive.

In many cases, it is enough to look around the market and change the energy supplier. More advanced players manage to "squeeze" the last zloty from the sellers.
But is it really the last zloty? In order to answer this question, one should deal with the breakdown of the energy price into its individual components and it is there that one should look for areas for further savings. It turns out that we can negotiate not only the seller's margin, but also the cost of energy, property rights, balancing or any risks included in the price calculation.
If you are a great entrepreneur, you have certainly already encountered the possibility of purchasing energy based on various types of price indices (e.g. offers indexed with the prices of the futures market or the SPOT market). And did you know that sellers can hide their earnings in mysterious P / K / ... indices needed to determine the profile of the energy consumed by your company? The size of these indicators can also be negotiated.

You can tell a lot, but it is worth acting. In 2022, most entrepreneurs will receive the largest historical bills. This is a good time to ask yourself how to lower them.

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21.06.2024

Tender for the purchase of energy in the exchange model, i.e. a way to optimize the costs of a public institution

Energy purchase based on the exchange model allows you to contract all or part of the volume at current market prices. The purchase is based on tranches indexed to prices from the Polish Power Exchange (TGE). Thanks to this solution, public institutions gained access to the wholesale energy market through an intermediary (seller) and can independently decide when and in what quantity they will purchase all or part of the volume they will consume in the future. This is a good solution - by spreading the purchase over a longer period, public institutions increase the likelihood of obtaining favorable prices.

Exchange purchase, available to customers who consume at least several hundred MWh of energy per year, increases the chance of generating savings compared to purchase at a fixed price, as it reduces the risks for energy sellers themselves. However, it should be remembered that this form of purchase is associated with the risk of an increase in stock exchange prices, which in the event of insufficient control of the purchasing process may result in higher final energy prices.

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03.06.2024

Webinar – Discover savings: strategies to reduce energy and gas costs

Are you an entrepreneur? Are you interested in securing energy and gas prices for 2025 and subsequent years? Are you watching the situation on global markets with concern and wondering how the possible development of the geopolitical crisis may affect media prices?

Enfree Webinar - Discover Savings: Strategies to Reduce Energy and Gas Costs.

June, 6th 2024 | 11:00 - 12:00


Register today! Enfree Webinar Registration

Arkadiusz Somnicki and Adam Wlizło will present proven strategies and innovative solutions that generate real savings.

The agenda includes,among others:
💡Preparation for 2025 - contract, termination, change of seller.
💡Stock market purchase model – how is it better than a fixed price?
💡The future of energy prices: the role of photovoltaics in shaping the market.
💡Q&A session.

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23.02.2024

Energy of the future – from energy storage to dynamic tariffs

The dynamic development of renewable energy sources (RES) opens new prospects for enterprises. In the face of challenges related to connecting new renewable energy sources to the power grid, storage technologies are becoming an increasingly important element. Hybrid installations combining renewable energy sources with energy storage are developing at a fast pace. This solution not only increases independence from traditional sources and the national system, but also increases the security of energy systems. Thanks to this, the electricity produced from renewable energy installations at the peak of production (e.g. a photovoltaic installation during sunlight hours) can be partially used for current needs, and the rest of the produced energy will go to storage. This will make the owners of such sets more energy independent, regardless of the consumption profile, provided that a sufficiently large generation and storage capacity is built. An additional environmental advantage is the ability to obtain 100% green energy for your company.

Preparing customers' electricity systems to use dynamic tariffs will be an interesting topic in 2024. Although the launch of the Central Energy Market Information System (CSIRE) will not take place in mid-2024, as originally planned, this moment is getting closer. The introduction of a fully functional system will mean that consumers who consume even little energy will have the opportunity to use dynamic tariffs, in which the price will be different for each 15-minute delivery period. The introduction of purchasing automation supported by artificial intelligence to this model will allow for better management of energy flows, prediction of failures and optimization of deliveries. Artificial intelligence will begin to play an increasingly important role in the energy sector, from process automation to advanced analyses. This is not only efficiency, but also the key to understanding market trends. As energy networks digitize, new risks will emerge: cyberattacks. Investments in advanced security systems will become key to protecting critical infrastructure. Reliability of energy supplies will be a priority, and a key aspect in the near future will be the modernization of the network to strengthen its resistance to failures and the diversification of energy sources.

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