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Our Index contract

Need predictability and stable costs? With Index, you pay a fixed price, unaffected by market fluctuations.

Index agreement in brief
  • Noova carries out daily hedging transactions until the delivery period and locks in the price at the start of the period as a fixed price. This means that you pay a fixed price that is not affected by market fluctuations.
  • Daily hedging transactions smooth out the index price and eliminate the risk associated with hedging at peak levels. In addition, the agreement takes into account your company's consumption profile.
Who is the agreement suitable for?
  • Suitable for companies that need predictability and cost smoothing.
  • Index is best suited for companies with a long-term energy strategy, who want predictability and stability over a longer period. We recommend rolling 3-year hedging, but we tailor to the needs of the company.
Index agreement combined with Noova Energy
  • Your own advisor who assists with sustainability reporting and consumption optimization.
  • Total overview, so you can cut unnecessary consumption, emissions and costs.
  • Regular reports on energy consumption.

What are customers saying?

Gert GillFactory no. 7 Property

«With Noova as a dedicated and proactive energy partner, we have gained insight into how we use energy, how we can best utilize our premises and what is most important to monitor for optimized and sustainable energy use, today and in the future.»

Robert LiddardSmedvig

«We want to have the least possible downtime when technical problems occur. With advanced sensors from Noova, we can react faster, and prevent consequences for our tenants. In addition, we are notified if the system detects abnormal consumption.»

noova_kontor (43 of 44) (1)

We reduced our energy consumption by 19 percent in 2022. It was quite simple when we knew what to do, but we couldn't have done it without the insights from Noova.


Geir Molberg (CFO)IK Norway

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