The Covid-19 measures drastically reduce global energy consumption. However, wind turbines, solar farms and also nuclear power plants continue to produce energy at the same level as before. The oversupply is causing energy prices to fall to exceptionally low price levels.
In fact, on some days or hours, the demand for energy is so low that rates fall below zero. We read in the paper that this rare situation is something that you as a consumer cannot enjoy. This is not always the case. Our customers, no matter how big the consumption, can enjoy the negative prices.
To whom do the negative rates apply?
Those who have a variable Belpex energy contract can take advantage of below-zero prices. This type of contract means that you purchase energy on the variable price exchange, where energy rates are formed by supply and demand. In contrast, those who have their price for electricity fixed for this period do not benefit from the current low variable rates.
Odot's customers are enjoying themselves.
At Odot, we negotiate specific contracts with the energy supplier, both for SMEs and for large consumers up to 50,000 MWh. Because we bundle customers into large homogeneous groups, you always enjoy benefits that you could never negotiate as an individual company. Thanks to the flexible conditions we negotiate, most of our customers benefit from negative prices.
Do you also want to purchase optimal energy at any time?
Have your energy contracts managed by Odot's experts, ensuring the best conditions on the market. Already 1000 companies stepped into our energy purchasing model, and are now reaping the benefits.
Your bill will never be completely negative. The energy price is only one component of many that appear on your bill. In addition to energy consumption, your bill also includes distribution costs, taxes and duties, among other things. These, unlike energy tariffs, will not drop below zero along with it.
Would you like your statement analyzed?
We do a no-obligation check on your energy bill and simulate what you could have saved if you had purchased energy through our Odot purchase model.
Odot reduces your energy costs through a unique procurement model, supported by AI and innovative software. Our knowledge of the energy market, assures you the most advantageous rates, continuous price tracking and a contract that suits you.
The Covid-19 measures drastically reduce global energy consumption. However, wind turbines, solar farms and also nuclear power plants continue to produce energy at the same level as before. The oversupply is causing energy prices to fall to exceptionally low price levels.
In fact, on some days or hours, the demand for energy is so low that rates fall below zero. We read in the paper that this rare situation is something that you as a consumer cannot enjoy. This is not always the case. Our customers, no matter how big the consumption, can enjoy the negative prices.
To whom do the negative rates apply?
Those who have a variable Belpex energy contract can take advantage of below-zero prices. This type of contract means that you purchase energy on the variable price exchange, where energy rates are formed by supply and demand. In contrast, those who have their price for electricity fixed for this period do not benefit from the current low variable rates.
Odot's customers are enjoying themselves.
At Odot, we negotiate specific contracts with the energy supplier, both for SMEs and for large consumers up to 50,000 MWh. Because we bundle customers into large homogeneous groups, you always enjoy benefits that you could never negotiate as an individual company. Thanks to the flexible conditions we negotiate, most of our customers benefit from negative prices.
Do you also want to purchase optimal energy at any time?
Have your energy contracts managed by Odot's experts, ensuring the best conditions on the market. Already 1000 companies stepped into our energy purchasing model, and are now reaping the benefits.
How will it affect your settlement?
Your bill will never be completely negative. The energy price is only one component of many that appear on your bill. In addition to energy consumption, your bill also includes distribution costs, taxes and duties, among other things. These, unlike energy tariffs, will not drop below zero along with it.
Would you like your statement analyzed?
We do a no-obligation check on your energy bill and simulate what you could have saved if you had purchased energy through our Odot purchase model.