Our flexible purchasing contracts
We have a range of products available designed to give you direct market access and price risk management. Purchase your commodity in monthly, quarterly or seasonal blocks, direct from the wholesale market.
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Our flexible purchasing products
Our flexible purchasing contracts are designed for electricity customers that spend more than £1m a year on energy. With Shell Energy, you can choose from two products, each with varying levels of market access and risk profiles:
FLEX SHAPE
Request a quote- Ability to purchase electricity in line with your business needs
- Minimise risks with agreed shape fee
- Avoid non-commodity risk premiums
- 100% renewable electricity¹
We offer 100% renewable electricity¹, plus tailored renewable and payment options. Available for non-half hourly and half hourly electricity customers only.
BLOCK AND INDEX
Request a quote- Access market prices - avoid risk premiums
- Control your electricity purchase
- Avoid volume tolerance penalties
- 100% renewable electricity¹
We offer 100% renewable electricity¹, plus tailored renewable and payment options. Available for non-half hourly and half hourly electricity customers only.
View our Terms and Conditions
View our Deemed and Extended Supply rates
Which flexible purchasing product is right for your business?
| FLEX SHAPE | BLOCK and INDEX | |
|---|---|---|
| Energy market access frequency | Medium - 100% hedged before start of block period. Fixed for block period only | High - Choose when and how much to hedge or leave floating. Hourly access to wholesale prices |
| Volume tolerance | Matched to each block period | 100% |
| Shape fee | Agreed up front | None - cash out to index |
| Non-energy cost | Passed-through | Passed-through |
| Contract term | 12-36 months | 12-60 months |
| MARKET STANDARD | BEST FOR ENERGY SOLUTION COST SAVINGS |
Energy contract options to suit your business
If you spend under £1m a year on energy or a flexible purchasing product isn’t for you, discover our other business energy supply products. When you partner with us, you can also access more energy solutions from the Shell Group of companies.
Pass-through contract
Spend more than £50k a year on energy? Our Pass-through contracts allow you to fix your electricity commodity price and choose which non- commodity charges like distribution and transmission charges are passed through to you at the market rate.
Fixed contract
When you choose a fixed all-inclusive contract, your price is agreed with us upfront. So, you can better plan your budget, freeing you from the uncertainty of future rises in your energy costs.
Lower-carbon energy solutions
Working with the wider Shell group of companies, we can offer a range of energy solutions, from onsite energy assets to providing easy-to-use electric vehicle charging solutions at business locations. We can help businesses that generate renewable electricity to optimise grid scale battery and flexible generation assets.
Frequently asked questions
Our flexible purchasing products provide businesses with direct market access and the ability to manage the risk associated with moving market prices. Instead of locking in a price once, as you would with a fixed price contract, you have multiple opportunities to purchase your energy directly from the wholesale market.
Flexible energy contracts allow you to purchase energy throughout the year. This helps to avoid the risk of locking in your price at the top of the market and provides an opportunity to take advantage of lower prices when the market dips.
Our flexible purchasing products feature different levels of market access and risk profiles:
Flex Shape gives you more access to the market to manage your energy costs, without taking on the highest level of risk.
Block and Index allows you to enjoy the highest level of control over your energy purchasing decisions, with hourly access to wholesale market prices and by choosing how and which index to hedge against.
Flexible purchasing contracts enable you to take advantage of price changes in the energy market and to choose when and how often to fix your energy price. They provide access to lower prices through reduced risk premia costs and to avoid volume tolerance penalties.
Our flex products are for large business customers with half hourly and non-half hourly electricity meters that typically spend more than £1m on energy each year.
1Shell Energy’s renewable electricity is supplied by the National Grid and certified by Renewable Energy Guarantees of Origin (REGO) certificates, matching electricity bought with the equivalent amount from 100% renewable sources. Shell Energy’s renewable gas is certified by the Green Gas Certification Scheme (GGCS). Through the use of Renewable Gas Guarantee of Origin (RGGO) certificates, a scheme which matches each unit of gas used by a Shell Energy customer with an equivalent amount of biomethane (a gas considered by the GGCS to be green), that has been placed into the grid. For further information on this certification scheme, please see http://www.greengas.org.uk. We are also able to offer non-renewable products on request.