A lock-in is a contractual arrangement whereby a client agrees to commit to a service or agreement for a predetermined period. This ensures pricing stability, consistent service delivery, and fosters a strong, enduring business relationship, enabling organizations to plan and operate with greater confidence.
We help companies make informed energy procurement decisions by:
- Reviewing electricity retail contracts to evaluate lock-in periods, tariff structures, and hidden charges
- Advising on contract terms to balance cost certainty with flexibility, including fixed vs. floating rate option
- Providing independent analysis of energy rates offered by electricity retailers and their implications on long-term costs
- Supporting transitions between electricity retailers with minimal disruption and clear understanding of contractual obligations
- Monitoring market trends to identify strategic timing for contract entry or exit, especially in volatile price periods
- Offering tailored recommendations based on consumption patterns, business growth, and sustainability goals
Additional Services
Managing electricity across multiple units or tenants can be complex, but it doesn’t have to be. With VG, you gain a streamlined, transparent, and efficient system tailored to your needs. Our comprehensive electricity management service includes:
1. Tenant Management: Let us handle tenant electricity billing, payment tracking, and arrears management for a hassle-free operation.
2. Monthly Reports: Gain complete visibility into your energy consumption and costs across all units with clear, consolidated reporting.
3. Audit Reports: A billing verification audit that compares half-hourly consumption data with UCC, CC, and MD to identify discrepancies. Our consultant will advise if any increase or decrease in the Max Demand is required based on the the electricity used.