Benefit from wholesale lows.
Put a roof on the price you pay.
Power Up lets you take advantage of low energy prices from the wholesale market, while our Ceiling protects you from any highs.
Like most things, there’s a wholesale and retail market for energy.
Your business is likely used to buying at wholesale prices, so why not energy? Buying energy from the wholesale market can help you save on energy costs.
Power Up connects you to…
...real energy prices
The wholesale market is dynamic. Prices change throughout the day, month and year.
Most of the time, wholesale prices are below the average. But most retail energy suppliers charge fixed rates, smoothing out this variability and pushing up the prices you pay.
We put a roof over your price
To protect you from any irregularly high prices, each quarter we set a Ceiling price at 120% of the contract market rate and apply your Price Efficiency Factor.
Typically, wholesale prices won’t hit the Ceiling but if they do, it’s there to put a roof on the price you pay.
Control what you pay with your Price Efficiency Factor
Your Price Efficiency Factor is a measure of how efficiently you use power compared to the wholesale market. By maximising your energy use at low price times, you’ll improve your Price Efficiency Factor, lowering your Ceiling and the prices you pay.