FlexiBase contract information

The FlexiBase contract is ideal for a business that needs certainty with its energy costs and wants to just make one purchasing decision. 

contract agreement

The details of the FlexiBase contract are:

• Shape and imbalance charges are agreed upfront, along with the management fee and any uplift for renewable power
• Other industry charges are agreed upfront or passed through
• The ability to buy and sell down to 1MW baseload blocks for the relevant period (month, quarter or season) under each transaction
• Market prices are sent on a daily and weekly basis
• The ability to buy and sell against quoted market prices or published indices (Argus and LEBA)
• All volume is purchased through the Transaction Team who will quote live market prices during business hours
• All calls to the Transaction Team are recorded and supported by two way written confirmation of trades
• Any volume not purchased before a given point prior to the end of the EFA month will be priced against the LEBA index plus an agreed premium

contract features

The FlexiBase contract features:

• Available to half hourly metered customers
• Volume forecasts agreed at the outset
• Unlimited number of buy and sell trades in baseload blocks of down to 1MW
• No minimum or maximum volume tolerance
• Contract duration up to 36 months
• Fixed shape imbalance and industry charges
• Agreed management fee 
• Customised eBilling service
• Triad Warning Service
• Access to SourcePosition online portal for trade data

To find out more about this product, send an enquiry to the Business Electricity Team and one of our experienced Account Managers will be in touch.