Optimization of business electricity costs

IKNET is ready to develop a concept and implement a turnkey project to optimize electricity costs for your company:

The main ways to optimize electricity costs are:

Changing of the existing electricity supplier
Introduction of business activities for the supply of electricity by the facility itself
Transfer of the facility to a higher voltage class
Load distribution during the course of a day

Reduction of electricity costs

Change of electricity supplier

If a company is not satisfied with the current electricity supplier, it has the right to change it, in accordance with the Electricity Retail Market Rules, by concluding a contract with a new electricity supplier

IKNET offers its services in analyzing the profile and current cost of electricity consumption, as well as in selecting the electricity supplier that will provide optimal conditions and cost of electricity consumption for the enterprise.

Starting own electricity supply business

If the company is not satisfied with the existing electricity suppliers in the Ukrainian electricity market, it is always possible to become an electricity supplier.

In order to become an electricity supplier, the following steps must be taken:

Create a website with relevant information

Obtain the license for electricity supply to consumers from the National Energy and Utilities Regulatory Commission

Obtain the Energy Identification Code (EIC-code)

Conclude corresponding agreements with the Transmission System Operator, Distribution System Operator, Market Operator,etc.

IKNET offers its services in:
Analyzing the company's consumption
Developing a concept for starting an electricity supply business
Preparing a set of documents for obtaining a generation license and organizing the company's further operation

Upgrading to a higher voltage class

In order to optimize the company's electricity consumption costs, it is possible to switch from voltage class 2 to voltage class 1, provided the company's grid connection scheme is modified.

1

voltage
class

Consumers and operators of BESS connected to the distribution system operator's electrical grids with rated voltage of 27.5 kV and above

Consumers and operators of BESS connected to power plants buses (except for SPPs, bioenergy plants, wind farms and micro, mini and small hydropower plants)

2

voltage
class

Consumers and operators of BESS connected to the distribution system operator's electrical grids with rated voltage below 27.5 kV

Cost optimization for consumed electricity is achieved by using the appropriate tariff for electricity distribution services, which differ significantly for consumers of voltage classes 1 and 2.

Current tariffs for electricity distribution services are available on the NEURC website. View →

For example, the electricity distribution tariff for corporate clients of Vinnytsiaoblenergo JSC:

Savings will amount to UAH 13.47 million/year for each 1 MWh of consumed power for a company running 8,000 hours per year.

IKNET offers its services in:
Analyzing the existing scheme of external grid connection
Developing possible options to switch to a higher voltage class
Determining the approximate cost of switching to a higher voltage class
Determining the main economic parameters related to switching to a higher voltage class

Intra-day load distribution

The price for electricity consumed in the market is formed by the following periods:

  • 12:00
  • 13:00
  • 14:00
  • 15:00
  • 16:00
  • 17:00
  • 18:00
  • 19:00
  • 20:00
  • 21:00
  • 22:00
  • 23:00
  • 24:00

Base load from 00:00 to 24:00

Peak load from 08:00 to 20:00

Post-peak load from 00:00 to 08:00 and from 20:00 to 24:00

Therefore, adjusting a company's electricity consumption to the hourly average price of electricity will help optimizing the cost of consumed electricity.

IKNET offers its services in:
Analyzing the electricity consumption profile to achieve the best combination of electricity price and company consumption volumes
Optimizing the electricity consumption profile to achieve the best combination of electricity price and company consumption volumes