Maximize your electricity spending with some of the industry's most intuitive and intelligent solutions. We focus on strategies for supplying electricity based on your goals, from straightforward fixed solutions to index strategies. Pricing for both options may include capacity, energy, line losses, transmission charges, and support services.
A Fixed Price electricity solution can offer your business predictability and will help control of your energy budget. If this is what you are looking for then this Fixed Price solution may be right for your business. With a Fixed Price contract, you minimize the risk of price volatility by securing an electricity supply price (per kilowatt hour) that will not change for the length of your agreement. Electric power at a preset price for a specific period of time – perfect for budget-conscious customers that want fixed-pricing predictability. Fixed Price solutions offer little need for you to actively monitor the market moving forward. You should also consider that there is a potential risk that market prices may drop after you lock in your price, meaning you may miss opportunities for lower prices. The length of the contract term can be from 6 to 36 months.
Index Price electricity solution offers you the flexibility to pursue competitive pricing and capitalize on value in the wholesale market. With this product, your electricity supply price (per kWh) will correspond to a transparent, published market index. Compared to more conservative products with lengthier contract terms, an Index Price solution positions you to take advantage of price drops. You can float on market prices as you watch for forward market conditions to present an opportunity to lock in when commodity prices are lower. The rate is indexed to the hourly PJM Locational Marginal Price (LMP) – an attractive option for users who can take advantage of market pricing and are willing to accept some level of price risk. The indexed price fluctuates constantly with market conditions. The length of the contract term can be from 6 to 36 months.
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