For customers who can commit time to monitor the energy prices and are able to manage the swings in their monthly operating costs effectively, PoolPlus is an energy solution that allows customers to exploit the low pool prices when they occur. This product suits customers who have established energy management policies within their organisation and are prepared to take more risks.
Benefits of PoolPlus / PoolPlus with Cap:
- Opportunity to exploit low pool prices when they occur
- PoolPlus with Cap offers similar benefits to PoolPlus but comes with the guarantee of a pre-determined price cap to offer protection against spiking pool price
- Want an energy solution that can better manage swings in monthly operating costs
- Are prepared to take a longer term view on electricity prices
- Can commit time to monitor electricity prices
How it works:
 |
Electricity price is pegged to the Singapore Electricity Spot market price which changes every half an hour. |
|
For PoolPlus with Cap, the option of a price cap and floor limits customer's exposure to volatility within a pre-defined band. A premium is chargeable for this additional protection. |
PoolPlus Example
Vision Pte Ltd would like to mark to market its electricity supply costs to pool prices. To mitigate against any sudden price fluctuations, it selected an energy plan from Seraya Energy consisting of a price cap of S$160 and a price floor of S$90.
Should the pool price of electricity rise above S$160, Vision is protected against the price spike as its supply price is capped at a maximum of S$160 which they have chosen. However, should the pool price be less than S$90, the price of electricity remains at S$90.
|
