The game-changing Active Option feature allows you to move down to a cheaper base rate if energy rates on the ASX Energy futures market fall.
With the increasing cost of electricity, contract with confidence that your base energy rate won’t be subjected to any increases, it can only decrease if the Active Option is activated. Just add (or subtract) your PEA and that makes your total energy rate.
So how does it work? Flow Power’s pricing and trading team will closely monitor the energy market for your annual opportunity to move to a lower rate for your next contract period. If an opportunity arises, your Client Solutions Manager will contact you to let you know your base rate has fallen.
The Active Option is only available with the Power Active plan.
Customers that took the Action Option with their Power Active contract for periods between July 2021 and December 2022 achieved an average of 11.8% savings off their energy base rates (excluding the cost of the active option).