Electra Energy helps businesses reduce electricity costs by facilitating access to the free energy market. They provide market intelligence, contract negotiation, and risk management to optimize energy procurement and secure competitive rates.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses face challenges in reducing energy expenditures and optimizing their electricity procurement strategies. Navigating the complexities of the energy market and identifying cost-saving opportunities can be time-consuming and require specialized expertise.
Solution
Electra Energy specializes in facilitating business access to the free energy market, enabling significant cost reductions through strategic electricity procurement. The company provides comprehensive market intelligence, regulatory analysis, and risk management services to optimize energy consumption. By managing contracts, facilitating transactions, and offering tailored energy services, Electra Energy guides clients through the migration process to the free contracting environment. This approach ensures clients secure competitive energy rates and achieve substantial savings while also supporting sustainability goals through access to renewable energy sources.
Target Audience
The primary target audience includes businesses of all sizes that consume electricity and are seeking to reduce their energy costs and optimize their procurement strategies within the Brazilian energy market.
Features
- Electricity trading services for mid-term and long-term contracts, including conventional and subsidized transactions.
- Facilitation of short-term electricity transactions for monthly adjustment of energy surpluses and deficits.
- Development and negotiation of swap agreements involving sub-markets, sources, and supply periods to optimize customer results.
- Expertise in energy derivatives to enhance liquidity, security, and efficiency in trading operations.
- Economic feasibility studies to support client migration to the Free Contracting Environment.
- Assistance with adhesion and energy modeling processes before the Electric Energy Trading Chamber (CCEE).
- Monthly management of electricity purchase and sale agreements across various terms.
- Representation and accounting process management before the CCEE for generation companies and free consumers.
- Cost savings monitoring and monthly assessments to identify earnings improvement opportunities post-migration.
- Customized training sessions on day-to-day operations in the free energy market.
- Facilitation of Renewable Energy Certification (I-RECS).