Forward energy purchasing: lock in your company's electricity price today
The electricity your company will consume several years from now is already being priced today. You can buy it now, at today's price, and lock in your cost. And this isn't theory: we have access to the closing operations for the coming years, so if you decide to lock in, we can execute it.
Request an analysis of your energy purchaseWho handles this
Forward purchasing is handled by Fernando Blanco, who has spent eight years analysing how energy prices move. This isn't something we've outsourced: he's the partner who decides, with your numbers in front of him, when it makes sense to lock in and when to wait. You can meet the team here.
We're independent, and that changes everything
We're not agents for any single retailer. We work with several energy companies at once, and that's exactly why we can tell you the truth: we compare what each one offers and recommend whichever suits you, not whichever suits us.
A sales rep who works for a single company can only sell you what's in their catalogue. We choose from all of them.
Having access to several companies has another practical advantage: if one won't give you a price for a specific year, another will. That's how we can guarantee the closing operation.
The mistake almost everyone makes
When a company's electricity contract expires, it asks for quotes, compares two or three, and signs the best one on that day.
The problem is obvious once you think about it: you're buying on the day your paperwork expires, not on the day the market is cheap. If your contract expires in an expensive month, you pay a high price for the whole following year. Not because you negotiated badly, but because of the date you happened to land on.
We flip that around: we look at the market first, then decide when to buy.
How we handle your purchase
- We analyse your real consumption. Hourly curve, seasonality, contracted power, penalties. Without this, any offer is just a number pulled out of thin air.
- We watch the forward market. We track how future years and quarters are being priced and let you know when a good window appears.
- We close in stages. There's no need to buy all your consumption at once. You can lock in a percentage now and leave the rest open to take advantage of later drops.
- We lock in future years. Right now we have closing operations available for 2028, 2029, and 2030, a horizon not everyone can offer.
- We keep monitoring after signing. We review invoices, check that what was agreed is being applied, and let you know when it's time to move again.
Fixed price or indexed price?
It's the question every company asks, and the honest answer is that it depends on your risk tolerance, not on which one is "better".
Indexed
You pay whatever the market sets each hour. If the market drops, you gain; if it rises, you pay it in full. Suits you if you can absorb volatility and have flexibility to shift consumption.
Fixed
You lock in a price and know what you'll pay. Suits you if you need predictability for budgeting, which is the case for most hotels, shops, and industrial businesses.
What really makes the difference isn't so much choosing one or the other as when you lock in the fixed price. That's where we come in.
Who this makes sense for
The higher your consumption, the more every cent per kWh matters, and the more it justifies working on the purchase:
- Hotels and tourist complexes — high, constant consumption all year round.
- Restaurants and retail chains with several locations.
- Industry, warehouses, and industrial refrigeration.
- Large residents' associations with common areas, pools, and lifts.
- Farms with pumping or desalination needs.
If your consumption is small, we'll tell you: in that case it's more worthwhile to adjust your rate and contracted power than to set up a purchasing strategy.
Frequently asked questions
What is forward energy purchasing?
It means locking in today the price of the electricity you'll consume in a later period: a quarter, a year, or several. Energy for future years is traded on the forward market, and that price changes every day depending on how the market moves.
How far ahead can I lock in the electricity price?
It depends on how far the market reaches at any given time. Right now we're working with closings up to 2030. You can secure one year, several, or spread your consumption across different years.
Are you independent or do you work for a retailer?
We're independent. We work with several energy companies at once and we don't get paid by any of them to sell their product. That lets us genuinely compare and recommend what suits you.
When's the best time to lock in the electricity price?
There's no fixed good date: it depends on how the forward market is pricing at the time. What is a bad approach is locking in purely because your contract is about to expire.
Can I lock in just part of my consumption?
Yes, and in many cases it's the sensible choice. You can secure a percentage of your energy and leave the rest open, or close it in stages over the course of the year.
What happens if the market drops after I lock in?
You'll pay above market during that period. That's the price of predictability, and it needs to be said clearly before signing. That's exactly what staged closing is for: it reduces the impact of getting the timing wrong.
Does this apply to a small business, or only to large consumers?
The larger the consumption, the more it shows. Even so, a mid-sized hotel, a chain of shops, or a large residents' association already has enough volume for it to be worthwhile. We'll tell you after seeing your consumption, and we'll also tell you if it isn't worthwhile.
What if regulations or the government change?
That's exactly one of the reasons to work on your purchase in advance. Regulatory changes and political decisions move the price of electricity, and having part of your consumption already locked in reduces your exposure to those swings.