Float-Price Commercial Electricity Plans
With our float-price plans, savvy commercial electricity customers can maintain maximum flexibility to take advantage of market price movements.
If your company knows the electricity and associated commodity markets inside and out, or if you can quickly adjust your load to respond to price spikes or price dips, an index plan is your best bet. It comes with the highest degree of risk, but also the highest potential reward.
Especially popular with companies whose load is more equipment dependent than people dependent, an index plan can allow you to save on electricity by operating during off-peak times and shutting down during peak usage periods. The better you know your business, the better you can adjust to changes in the market.
Contact us and see which plan is right for you.
Day-Ahead Index with All Pass-Through
All costs are passed through with this plan, which responds directly to price movements in the day-ahead electricity market. Built for a company that can predict usage and adjust its load accordingly for the following day, this plan helps the savvy customer take advantage of daily ups and downs to achieve a lower overall electricity bill.
Best For: Customers with a deep understanding of electricity markets, high risk tolerance, and/or the ability to adjust their load from day to day.
Defining Features:
- Price floats on the market index, responding directly to market movements
- No uncertainty premium is associated with this type of plan
- Tied to the day-ahead market, prices are determined by predicted load and conditions
Real-Time Index with All Pass-Through
The Real-Time Index plan passes through market-based prices just like the Day-Ahead Index plan does. However, its prices are based on the more volatile real-time electricity market, which balances generation to load at intervals as small as five minutes. This type of plan is best suited for a company that can adjust its load in a matter of minutes to respond to market opportunities and price spikes.
Best For: Customers with a deep understanding of electricity markets, high risk tolerance, and/or the ability to adjust their load in a matter of minutes.
Defining Features:
- Price floats on the market index, responding directly to market movements
- No uncertainty premium is associated with this type of plan
- Tied to the real-time market, prices are more volatile than in the day-ahead market