Dynamic contract
A dynamic contract follows the market price.
Electricity prices can change hourly, and gas prices typically change daily or monthly.
How it works
Your rate is based on wholesale market prices plus supplier fees. This can be lower in calm markets and higher during peak demand.
When it can be a good fit
- You can shift usage to cheaper hours.
- You have flexible loads like EV charging or a heat pump.
- You are comfortable with monthly price changes.
Things to keep in mind
- Prices can spike on high-demand days.
- You may need to monitor timing to save money.
- Monthly bills can be less predictable.