How do I tender an electricity contract?

How do I bid for an electricity contract?

1. Compare different electricity suppliers

The first step in bidding for an electricity contract is to compare the offers of different electricity suppliers. Find out what different suppliers offer and compare prices and terms.

2. Get to know tendering services

You can also use different bidding services that help you compare different electricity contracts. There are several of these services online and they can help you find the best possible deal.

3. Negotiate with your current supplier

Don’t forget to negotiate with your current electricity supplier as well. They might offer you a better deal if they know you’re considering switching to another supplier.

4. Note the terms of the contract

When bidding for an electricity contract, make sure you also take into account the terms of the contract. Check, for example, possible fixed payments, the length of the contract period and possible termination conditions.

5. Make a decision and change if necessary

After you have compared different options and negotiated if necessary, make a decision and change electricity supplier if necessary. However, remember to make sure that the new contract meets your needs and budget.

Sources: Kilpailuttaja.fi, Energy Agency