Retail electricity
According to the instructions for issuing electricity retail license issued under number 99/51234/350 dated 1399/12/27 (12/27/2019) by the Deputy of Electricity and Energy of the Ministry of Energy, the retail electricity license is a permit issued by the Ministry of Energy for the purpose of buying and selling electrical energy. In each of the voltage levels of distribution, super distribution and transmission, as well as the purchase and sale of electricity from the energy exchange, a bilateral contract has been issued.
The electricity retailer is a legal entity with a license to sell electricity from the Ministry of Energy, which has the following powers:
- Buying and selling electrical energy at any of the voltage levels of distribution, super distribution and transmission
- Buying and selling electricity from the energy exchange
- Buying and selling electricity through a bilateral contract
What is the process of buying from an electrical retailer?
AsiaWatt Electricity Retail Company is able to supply electricity to subscribers in daily, weekly, monthly and yearly packages and customers can buy their electricity in cash or non-cash and with different contractual conditions. Due to the possibility of supplying electricity from bilateral contracts and the energy exchange, Asiawatt Company has the ability to offer the benefits of buying from both markets and also reduce the risks of subscribers to zero in both markets.
In order to buy from Asiawatt electricity retail company under any conditions, it is enough to contact the experts of this company.
Advantages of buying from AsiaWatt Electricity Retail Company:
- A significant reduction in the cost of purchasing electricity compared to purchasing from the regional power company or power distribution
- Being in the last priority of blackout when executing the load response program during the peak load period
- Get advice on the latest laws and regulations of the electricity market
- Providing a performance report of the profit earned from the electricity purchase contract from the retailer
- Analysis of the optimal point for purchasing electricity
- Agreement regarding payment deadline and electricity price adjustment
- Purchase of electricity in separate low-load, intermediate-load and peak-load periods
- Purchase based on actual consumption after observing the meter numbers at the end of the consumption period
How is the amount of electricity purchased from AsiaWatt Electricity Retail Company determined?
After monitoring the actual consumption of the meter at the end of the consumption period, the buyer can inform the electricity retailer of the number he needs. This number will be calculated by dividing the kilowatt hours of electrical energy consumed by the number of hours consumed.
This number can be declared as hourly average (base load) or intervals (low load, intermediate load, peak load).