Buy your power from a renewable plant through a Virtual Generation Agreement (VGA) to access fixed rates for long-term savings. Over a minimum period of 10 years, the agreement buys you a fixed percentage of wind or solar output direct from the renewable generator in real-time via the National Electricity Market, calculated in 30-minute intervals under a ‘take or pay’ arrangement – so you’ll only pay for what you use.
Re-sell what you don’t use.
The generation is offset against your use. When you use more than what is generated in an interval, Flow Power will source additional electricity from the wholesale market. When you use less, you have the option of selling the electricity to Flow Power at an agreed price or back to the wholesale market.
Part of your wholesale strategy
Buying energy wholesale generally outperforms fixed retail contract prices, historically delivering significant savings and requiring infrequent responses from businesses to price signals. It also provides greater transparency on spend, as well as increased flexibility – you can adjust your strategy at any time to account for seasonal demands, onsite generation and other changes in consumption requirements.
Signing up to a VGA will secure low-cost power for your business for up to 25 years. With prices as low as 50% of market rates, it’s a smart investment that will result in huge savings in the long run.