An electricity purchasing product settled at exchange-traded spot prices quoted on the Day-Ahead Market, with the option to switch to a fixed price at any time.
VEO Spot Standard Plus 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. It also provides the flexibility to switch to a fixed-price solution (VEO Standard) at any point during the contract term.