Centropol completed the portfolio with a product with monthly price fixation

Prague, April 24, 2024 (PROTEXT) –

• The product reacts monthly with changes to the development of wholesale prices
• Monthly price fixation is a suitable compromise between spot and longer fixation
• The sampling point does not need continuous measurement

The Czech energy supplier CENTROPOL ENERGY, as has added a product for newly arriving customers to its wide portfolio Monthly with change. It offers a price fixation of the commercial component for one month, and any termination of the contract has a one-month deadline. With a monthly change, it gives customers without continuous consumption measurement the opportunity to profit from the current events on the wholesale energy markets.

“With the monthly change, we have prepared for active consumers who have an above-standard overview of energy. They are willing to monitor price developments, they are aware that prices fluctuate and are usually higher in the winter months than in the summer, and they want to take advantage of the benefits that this product gives them compared to conservative contracts. On the other hand, they understand the risks of a possible price increase. The product will allow them to profit from a drop in commodity prices, and in the event that the trend reverses, they can terminate the contract with a month’s notice and fix themselves in time before a possible price increase.” explains Centropol’s board member and marketing director Jiří Matoušek.

The average consumer will prefer a more traditional product, because Monthly with change also requires a certain amount of courage and the ability to accept a certain degree of uncertainty. In this it is similar to capital market investment products and is really not for everyone. This corresponds to the above-standard product documentation, which accompanies the signing of the contract on a monthly basis without obligation. It introduces interested parties in detail to its advantages and openly points out potential risks.

“We have completed our product portfolio with a product with a fixed price for one month according to the development of the wholesale markets. We are thus able to satisfy really every interested party. Before we were required by law, we offered a product with dynamic price determination (the so-called spot).We conclude contracts for an indefinite period as well as for products with price fixation for one, one and a half or two years, and now we have also added short-term price fixation.” reminds Jiří Matoušek.

According to J. Matoušek, the product was designed as a so-called transit product. It is assumed that clients will use its benefits for a period of six months or one year, for example, and then switch to one of the standard conservative products.

Power electricity prices with the product Monthly with change from Centropol

Natural gas prices with the product Monthly with change from Centropol

In addition to the breadth of the product portfolio, Centropol also focuses on a favorable price offer. It reacts quickly to the development of wholesale markets and repeatedly lowers the prices of electricity and natural gas. He adjusts the price lists on an ongoing basis, as price trends and purchasing strategies allow.

CENTROPOL ENERGY, as is a Czech energy supplier with 21 years of experience and a strong financial background. It belongs to the fastest growing stable suppliers, under its care there are over 310,000 collection points from households, companies and public institutions.

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