Choosing between a fixed tariff and one indexed to the market is the most common dilemma when taking out an electricity contract. The 24-hour rate It’s ideal for those looking for complete peace of mind: you pay the same price per kilowatt, regardless of whether you put the washing machine on at ten in the morning or three in the afternoon. It’s the perfect option for households that don’t want to have to keep an eye on the clock.
On the other hand, the Market Price It allows you to pay for your electricity at the actual wholesale market price. This means that, if you’re able to shift your peak consumption to times when electricity is cheapest (usually at night or at weekends), your savings could be significantly higher. It’s a flexible option for those looking for the most competitive price possible.
So, which is best for you? The answer depends on your habits. If you spend a lot of time at home and your consumption is steady throughout the day, the fixed-rate tariff protects you from market price rises. But if your business or household has peaks in consumption at night, the index-linked tariff allows you to take advantage of price drops in the energy pool.
At Olé Energía, we don’t make you choose blindly. We analyse your energy usage profile and recommend the option that will really make a difference to your pocket. Whichever option you choose, you’ll always enjoy green energy and customer service in your own language, without any complicated jargon.
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