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Shop & Lock Service

What is Shop and Lock?

Many customers know the price they would like to pay for their energy supply and believe the market will arrive at the price some time in the future. They wait until the market reaches an acceptable price and then contact suppliers, only to find that the market has moved higher before their purchase is completed. This is frustrating for customers and suppliers alike.

Shop and Lock Service solves this problem by your agreeing in advance on the desired price and contract terms. Commerce Energy then shops the markets and locks in that price the moment it becomes available. Pricing opportunities come and go quickly, but with Shop and Lock you are already positioned to get your desired price. Price requests are good until canceled or modified.

How is the price calculated?

You set the price that fits into your budget and the type of delivery service you desire, and the process begins. We enter your request into our systems and continuously shop the markets. Once the market hits your price, we buy your requested volumes and automatically begin the process of setting up delivery and switching your account with your host utility. We then notify you that your order has been filled and when we will start your deliveries. It’s that simple.

Get started today

We will work with you to determine the right product to fit your needs and to create a custom proposal for your consideration. Commerce Energy has a range of products that provide varying levels of coverage and pricing. Is Shop and Lock Service the best option for your business? To find out, contact us at
CISales@CommerceEnergy.com or at
714-481-6588.