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Direct Energy Business launches PowerAssure to combat Global Adjustment

October 26, 2011 - Direct Energy Business, a North American commercial and industrial retail energy provider, released PowerAssure—a limited-time offering only for Ontario businesses and organizations. Direct says the variability of the Global Adjustment (GA) makes it a complex process to accurately forecast yearly spend; PowerAssure works to mitigate the uncertainty around monthly energy bills by billing customers’ electricity supply at the Hourly Ontario Energy Price, plus the Global Adjustment—with a cap on the total sum of the two. While the market price (HOEP) and the GA are dynamic, Direct says this product allows you to realize the benefits of market lows, while ensuring you’ll never pay more for your power over the course of your contract than the capped price.

DIRECT ENERGY BUSINESS

October 26, 2011  By  Anthony Capkun