Indexed products are priced at the electricity index of the your companies choosing. Index products are designed for customers who wish to purchase electricity at the market rate waiting for the market to decline.
How it Works
With Indexed electricity products, the customer’s business can avoid the risk of locking in at a high price. You will have the flexibility of riding the wholesale market in anticipation of potentially locking in at a more competitive rate or controlling consumption of electricity usage when prices peaks.
In addition, you may also fix the price for a percentage of usage (up to 100%) of the load for any number of calendar months that you select during the contract term. This will enable you to lock in favorable fixed prices when market prices come down. Based upon your historical usage and forecasted consumption, we will work with you to determine how much power your business should purchase.
Sustainability goals can be met by purchasing renewable energy certificates that match a percentage of electricity usage, are also available to purchasers of Indexed Pricing.
Risk: Moderate but can convert to fixed price at any time.