Fixed price is a common buying option for businesses seeking budget certainty. The certainty comes with a cost, called a variable load cost, which reflects the variable risk the energy provider must take on by offering a fixed price over a period of time.
Fixed price solutions are easy and protect businesses from market volatility, but they do not offer the flexibility to benefit from reduced costs in declining markets. There is also a timing risk; you may lock into a price that seems low for the moment, but that price can seem high just days or weeks later if the electricity market drops even further.
Our Fixed Price product offers budget stability by reducing your exposure to market volatility. We'll work with you to analyze your electricity usage and offer you a competitive fixed rate per kWh (kilowatt hour) for the length of your contract. With the Fixed Price product, we can help you simplify your electricity supply choices and avoid spikes in your energy supply rate. You can choose a term length from 2-60 months.
How Fixed Pricing Works
The graph represents how the market price, in green, fluctuates up and down over time; while the fixed price is a steady blue horizontal line.
Image displays various levels of risk with fluctuating energy prices, indicating the fixed price offers the least risk and the Location Marginal Pricing (LMP) Index offers the most risk.
|FEATURES||Fixed commodity rate per kWh for the term of contract|
|CONTRACT OPTIONS||Up to 60 months|
|ADVANTAGES||Greater budget certainty
Greater financial predictability
All Commercial products are subject to specific terms and conditions in applicable customer agreements. Certain components of Fixed Price products may fluctuate and certain changes may be separately billed or passed through to customer, including utility charges and taxes. Gexa Energy makes no representation or warranty as to actual product prices or the direction, trend, movement level or range of product prices, wholesale or retail electricity or natural gas prices, and customer is relying on its own judgment and upon advice from advisors as it deems necessary, and is solely responsible for determination of its risk tolerance for any product and its decision to purchase any product and related risks. No communication--oral, written or electronic--from Gexa Energy will be deemed to be representation, assurance or guaranty as to the expected service or performance of any product. Gexa Energy operates through various affiliated entities.