ENGIE launches product facilitating migration to the free energy market

The free energy market has been growing annually in Brazil, closing 2019 with a volume of operations 6% higher than 2018 and turning over R$ 134 billion. This is a segment which already represents 30% of the country’s total of power consumption, according to the Brazilian Energy Traders Association (Abraceel). However, the potential for this market is much greater. Specialists believe that many clients have still not joined this segment, viewing migration as both complex and bureaucratic  or also because they are unaware of the advantages its offers: much greater choice, greater competitiveness, flexibility in negotiation and predictability of costs.

 

To offer companies an opportunity of migrating to the free market in a simplified way, without bureaucracy and with all the advantages that the retail model provides, ENGIE Brasil Energia, the largest private sector electric energy generator in Brazil, has launched the E-conomiza product. This is a solution designed especially for the small and middle market corporate consumer consuming up to 1MWm which is the minimum capacity for migration.  E-conomiza offers the purchase of incentivized energy, also guaranteeing that the clients will be consuming energy from renewable sources.

 

“This is the ideal solution for companies without a team or structure internally for undertaking complicated energy management,  and that want to reduce their electricity bills at the end of each month without the necessity of making investments”, explains Chief Commercialization Officer at ENGIE Brasil Energia, Gabriel Mann dos Santos.

 

Advantages of migration to the free market

 

The migration from the captive market to the free contracting environment through the solution developed by  ENGIE, can bring a series of advantages such as: security, a simplified contract, practicality and an estimated reduction in the monthly energy bill of 15%. E-conomiza eliminates the need for membership of the Electric Energy Trade Board (CCEE), since the entire operational process of migration and the management of the energy bill is undertaken by specialized professionals at EBE itself. All that is required of the client is to pay the distributor’s bill for wire use and the cost of the energy to ENGIE.

 

“Our mission is to simplify the life of the entrepreneur. Should he not have the support of a consultancy or not know the rules for signing up to the free market, our specialists take the helm of the entire migration process, dealing with all the bureaucracy and the direct agreements with the CCEE, providing all the advice necessary”, Gabriel explains.

 

 

A case of success

 

The first client of ENGIE’s new solution is Softplan, a company operating for 29 years in the development of software  used for corporate and public sector management purposes.

 

According to the Head of Property and Engineering at Softplan, Ciro Schmitt, the company had been looking for a solution with the best cost-benefit: “The solution ENGIE was able to offer was perfect for what we needed. Without having to make new investments, we avoided all the bureaucracy of migration  to the free market and the management of the account, at the same time succeeding in reducing our energy expenditures”, he says.

 

With its head office in the state of Catarina, Softplan has nearly 2 thousand employees, is recognized as one of the largest software companies in Brazil and has been spearheading the digital transformation in the construction industry, the justice system and public sector  management. All the details of E-conomiza can be found in the minhaenergialivre.com.br/e-conomiza/  website.

ABOUT ENGIE

ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, its customers, partners and stakeholders, the Group is committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by its purpose (“raison d’être”), ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its customers. Turnover in 2022: 82.6 billion Euros.

In Brazil, ENGIE, leader in 100% renewable power generation in the country, operates in generation, commercialization and transmission of electric power, gas transport and energy solutions. The Company

has in the country an installed capacity of 12,5 GW, originated from renewable sources and with low GHG emissions, such as hydro, solar and biomass power plants, and windfarms.

With the acquisition of Transportadora Associada de Gás – TAG, ENGIE now also owns the largest natural gas transportation network in the country, at 4,500 km and transecting 10 states and 191 cities.

The Group has a complete portfolio of integrated solutions focused on reducing costs and improving the infrastructure for companies and cities, such as energy efficiency, public lighting, energy monitoring and management.

With 2,800 employees, ENGIE’s turnover in Brazil in 2023 was of R$ 11.7 billion. ENGIE trades on the B3 through its energy generation and trading company, ENGIE Brasil Energia, under the ticker EGIE3. In addition to being a B3 Novo Mercado component, the Company is one of the very few companies that have been listed in the Business Sustainability Index since its creation in 2005. In 2021, ENGIE Brasil Energia was included in the Carbon-Efficient Index (ICO2), made up of IBrX 100 companies that are most transparent in terms of GHG emissions reporting and how they are preparing for a low-carbon economy.

The company also received in May 2024 the certification Great Place to Work, a recognition which validates the continuous commitment of the company to create a positive and inclusive work environment for all.

The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris – Europe 120/France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).