Types of Product Offerings
Price Certainty is
HIGH
Fixed Price Products
A fixed price is established for each kilowatt-hour of electricity consumed during the term of the contract.
- Offers long term price stability
- Allows you to fully hedge your company’s exposure to electricity price certainty
- Provides protection against electricity price spikes
- Allows you to budget and forecast electricity costs with a degree of certainty.
Price Certainty is
LOW
Index Priced Products
The customers pay a variable floating price for each kilowatt-hour of electricity consumed.
- The price varies as the hourly price for electricity varies in their geographic location
- Average real time market prices are typically lower than fixed price products, though price volatility is greatly increased.
- Index priced products presumes you will be paying the current market price.
- Allows the customer the ability to manage and reduce their total energy costs by shifting electricity consumption from periods of high prices to periods of low prices.
Price Certainty is
MEDIUM
Fixed /Index Priced Products
A fixed price per kilowatt-hour for a portion of usage, with the balance at a variable rate.
- The fixed price hedges a portion of your usage, while the remainder floats with the real time market price.
- Block purchase provides partial hedge against market volatility.
- Allows you to reduce energy costs further bvy reducing a portion of your usage during periods when prices are high.
Price Certainty is
HIGH
Blend & Extend Products
Fixed price for each kilowatt-hour of electricity consumed with an option to change the locked-in price and extend the contract in response to market rates.
- Onyx Power & Gas will monitor prices for your account and alert your if re-pricing looks advantageous.
- Provides a Hedge against future electricity price uncertainty
- Minimal risk associated with the decision of when to buy.
- Provides for flexibility and budget stability at the same time.
Price Certainty is
LOW
Heat Rate Products
Links the price of power to the price of natural gas.
- Heat Rate refers to a power plant’s efficiency in converting fuel to electricity
- Heat Rate products are most popular in a projected declining gas price environm
- Preferred by companies that have energy market expertise and are able to absorb swings in electricity prices.
Price Certainty is
HIGH
Environmental Products
Addressing your facilities energy requirements with environmentally beneficial products and/or meet environmental companies compliance regulations.
- Renewable energy certificates (RECs), which represent the reduced emissions of renewable generation compared to conventional generation, are purchased separately from, and in addition to, your conventional commodity energy supply.
- Green power is conventional commodity energy bundled with RECs.
- Emissions allowances and credits can be purchased to offset your facilities carbon footprint or meet pollution standards.
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