The smart business model

David Energy operates differently than traditional power companies, with plans specifically designed for smart device owners due to the unique benefits they can provide.

Traditional power companies operate by trading for power in the wholesale electricity market. Based on the purchases they make in these wholesale markets, they then offer consumers different plan structures that allow them to lock in fixed rates and not have to be subject to volatile variations in wholesale market pricing.

Part of the cost of a traditional fixed rate plan comes from the strategies electricity companies employ to protect themselves from volatility, much like buying insurance. 

David Energy’s model works differently. By integrating with smart devices and helping homes use power more effectively and flexibly, we don’t have to use as many of these insurance strategies. This means our operating costs are lower than other power companies, and we pass those savings on to our customers in the form of credits and lower rates.