Energy Providers design Fixed Price Products for customers who want stability, simplicity, and protects budget against the risks of fluctuating energy prices. With a fixed price solution, you’ll minmize that risk by securing a rate that will not change for the length of your agreement, even if prices spike in the spot market. You pay one fixed price per kWh for all of your electricity usage for the term of your choice. Based on your historical and forecasted consumption, the providers will determine how much power to purchase in advance to be able to provide a fixed price for you. We manage the risk so you can relax.
Index Plus Block products are designed for customers who are willing to accept more risk for a lower price and want the flexibility that comes with taking an active role in managing your energy costs. You are savvy about the electricity market, willing to spend the time and effort to make ongoing decisions about when and how much to buy, and comfortable with more risk.
You decide when to fix the price for a fixed volume of usage; any usage above the fixed volume will be at the market price. We provide price information so you can decide when to purchase, and we analyze your historical and forecasted consumption to help you determine how much to purchase.
Flexible Index products are designed for customers who want price stability and the flexibility that comes with taking an active role in managing your energy costs. You should be knowledgeable about the electricity market and willing to spend the time and effort to make ongoing decisions about when and how much to buy.
You decide when to fix the price for a percentage of your usage and any usage not covered by a fixed price will be at the market price. We provide price information so you can decide when to purchase.
Want lowest price over an extended period of time.
Best for companies with robust cash flows.
Willing to take on the risk of market movement.
Flexibility – Change how much usage is at a fixed price.
Price Certainty – Fixed prices for some or all usage.
Market Events – Make purchases when market events present buying opportunities.
Easier Budget Management – Manage your budget by fixing prices in advance for all usage.
Usage Variance Protection – Keep fixed prices even when your usage varies from events beyond your control, such as a long summer heat wave.
This product pricing is derived from a quoted heat rate value, the published natural gas index that you select and your electricity usage. Energy providers implement three pricing options to support a range of preferences:
Our full requirements product offers an all-inclusive Heat Rate, which includes costs for all components, including energy, ancillaries, losses, congestion and renewable portfolio standards, as well as ERCOT ISO and Direct Energy Business fees.
With this, the heat rate value quoted is for your commodity portion only and may be target or market-based. All additional cost components are quoted as a fixed rate under a single retail adder.
The complete pass-through option also provides a heat rate quote for your commodity portion only. However, all additional cost components are passed through at cost.
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