Veo Spot standard
An electricity purchasing product settled at exchange-traded spot prices quoted on the Day-Ahead Market. At the time the agreement is concluded, the contract price is not known; instead, it is calculated monthly as the arithmetic average of prices for the given month.
VEO Spot Standard is intended for customers who:
- do not accept the current prices offered under fixed-price contracts indexed to futures contracts and expect market prices to fall in the future, making spot-price settlement more advantageous,
- prefer pricing aligned with current market conditions,
- are unable to accurately determine their supply volumes at the time of concluding the contract or have fluctuating supply volumes.
The product may enable customers to achieve lower electricity costs over the duration of the contract.
