What is a Dynamic electricity price contract?

A dynamic electricity price contract reflects real-time variations in the wholesale electricity market. Dynamic prices change every 30 minutes based on the Day-Ahead Market (DAM), allowing you to plan your usage to save on costs. You’ll be able to see the day ahead prices on our website by 2pm every day.

Dynamic electricity tariffs are being introduced with the intention of encouraging customers to move their electricity consumption to times when there is a high amount of renewable energy predicted to be generated and available on the grid, thereby reducing the carbon footprint as less fossil fuels will be needed.