Dynamic contract (at Blue Current Energy):
- Sustainability incentive: You are encouraged to consciously adjust your energy consumption at times when the price is lowest.
- Sustainable and 23% cheaper: Flexible pricing allows you to take advantage of lower rates that can be 23% cheaper than traditional providers.
- Rates fall with the market: You benefit directly from price drops on the energy market.
- No notice or penalties: You can switch at any time at no extra cost.
- Fair prices: No hidden (welcome) bonuses that you end up paying yourself.
Fixed contract (with traditional providers):
'Insured' for fixed prices:
- You have guaranteed prices for a period of 1 to 3 years.
- Higher rates: The fixed prices are often higher, because the provider 'insures' the price for you, which incurs additional costs.
- Penalties for early termination or feed-in: Fees may apply if you terminate the contract early or return energy.
- No sustainability incentive: There is no direct incentive to adjust your consumption to cheaper times.
Variable contract (with traditional providers):
- Price fluctuates over the term: The price is adjusted according to market conditions, but not always as quickly as the stock market price.
- Longer term (1-3 years): You are often stuck with a longer term.
- Notice period, no cancellation penalty: You can terminate the contract with a notice period, but there are no penalties.
- Fines for feed-in: Some providers charge a fine for feeding in energy.
- No price incentive for sustainability: As with a fixed contract, there is no incentive to adjust your consumption based on price decreases.