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On the other hand, a deregulated vitality market promotes competition by permitting multiple power suppliers to set their own costs and phrases. These that don’t necessarily require full worth certainty typically opt for this, especially larger companies, or those with vital vitality consumption. While this tariff provides flexibility, it’s ideal for companies with a comprehensive understanding of their vitality consumption. A fixed contract, also known as a fixed-term tariff, ensures that the vitality unit prices and standing charge stay constant throughout its length.

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