Shell Energy

STEP1 Index allows you to automate electricity procurement, smoothing out the market highs and lows with an averaged index price. 

With STEP Index you can:

 

  • Manage exposure to wholesale energy market volatility

  • Smooth out the market highs and lows

  • Automatically purchase electricity at an average index price

  • Gain control over your energy costs

STEP Index contracting vs. Fixed price contracting

  • STEP Index

    Agree your electricity prices progressively over the contract period and reduce the risk of contracting at a high point in the market. 

  • Fixed price contracting

    Agree electricity price upfront for the whole contract period based on market prices at the time of signing. This may be at a high point or a low point in the market. 

Access STEP Index on our secure online Portal

STEP Index is available on our secure online Portal where you can view your index position, lock in your energy price and gain access to quality energy data to take control of your business energy. 

  • Access your energy data and view the status of your energy purchases on a simple, easy to read dashboard.
  • Purchase and view your purchase position on our secure online platform
  • Online access to your energy data and purchases with two-factor authentication for authorised users. 
Learn more

Other progressive purchasing contracts

STEP Online is our other progressive purchasing contract option that allows you to purchase electricity in parcels over the contract period.

Learn more about STEP Online here.

Why do large businesses choose Shell Energy?

  • Competitive pricing

    Competitive, electricity pricing offers, tailored for your business. 

  • Reliable, timely and accurate billing

    Accurate bills sent on time in formats that suit business systems. 

  • Online Portal with quality data

    Access to quality energy data and reporting in our secure, online Portal.

  • Early payment discount

    Receive a discount on your electricity bill by paying early2. 

  • Network tariff reviews

    Regular complimentary network tariff reviews to help you save on energy costs3.

  • Load tolerance with no penalty

    No penalties for using more or less than your contracted energy load4.

  • Easy onboarding and transfers

    Easily onboard and transfer your sites with visibility on transfer status through Site Manager2. 

Get a tailored quote for your large business

Power your progress with great value business electricity from Shell Energy.

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IMPORTANT INFORMATION

1 STEP is an acronym for Strategically Timed Electricity Procurement.

2 Not available for sites under SME Multi-site contracts.

3 Criteria and exclusions apply

4 Subject to the terms of your contract.

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