Smart Dynamic Contracts
Launch competitive electricity contracts with automated spot-market optimization
Automatically steer your customers’ devices to use electricity at the cheapest times and unlock the smart, tailored energy contracts they’ve been waiting for.
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Overcome your biggest barriers to truly dynamic electricity contracts
As wholesale spot-market electricity contracts become more popular, customer expectations of how flexible they should be are growing faster than most utilities can handle.
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Competition from new market entrants
New agile competitors operate more like technology companies, capturing customers with a broader range of features, contract flexibility, and increasing cost savings.
02
Unpredictable energy spikes and costs
New devices like heat pumps, electric vehicles, and solar panels drive unpredictable spikes in energy production and consumption, making dynamic contracts seem risky to potential customers.
03
Lack of industry and tech synchronization
Few utilities have the IT infrastructure required to seamlessly synchronize consumers, manufacturers, trading systems, and grid operators to develop highly custom contracts.
04
The risk of rising imbalance costs
As more flexible devices come on the market, the threat of inaccurate forecasts, unexpected weather, demand spikes, or equipment failure can lead to significant imbalance costs, driving up consumer prices.
How Podero powers spot-market electricity contracts
Utilities use Podero for spot-market optimization to connect the dots between the wholesale electricity market, consumers’ energy devices, and their existing tech stack.
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Automate customer device steering
Podero’s algorithm detects the cheapest time intervals and automatically steers your customers’ devices to use more power during cheaper periods and less power when it’s expensive.
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Optimize energy usage for individual users
Each device is steered according to the specific needs of its user. This includes their self-selected preferences, but also the behavior they may not even be aware of themselves.
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Expand cost savings to fixed-rate customers
Integrate Podero’s API into your ERP system and it will calculate cost savings for you to pass onto fixed-rate customers at the same rate as those on dynamic contracts.
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Protect your revenue by trading on the spot market
Build a security net against load curve discrepancies by syncing trades with device steering. Podero’s forecast and trading integration allows you to reduce both purchasing and imbalance costs.
Podero’s software can steer every major device type
Podero can automate the steering of even the most complex devices from 47 manufacturers, synchronizing data from multiple connected systems for the best results.
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Heatpumps
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Air conditioners
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Electric Cars
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EV chargers
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Inverters
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Batteries
Leverage your Flexibility
Cut customer costs by more than 27.4% with our full product suite
When combined with our other product features, like our Home Energy Management System (HEMS) and energy balancing, utilities can help customers reduce up to a quarter of their energy costs.
Book a demo)
Want to see spot optimization in action?
Contact us today and we’ll show you how you can set up Podero’s automated spot-market optimization for your customers in just 10 minutes.
Book a demo