Products

Monthly Index LMP: This option is best for businesses that believe energy cost is going to decline in the future or that can adjust their energy usage during periods of high prices. A variable price option whereby customers pay based on their hourly consumption and the hourly utility clearing price. Non-energy costs are covered at a fixed price added onto the energy cost. At any point in time a customer can convert from a variable to a fixed rate program.

Fixed energy only: This solution is best for customers who want to gain control over a major portion of their energy cost. The cost of the actual electricity commodity is fixed, but the ancillary costs are passed on to the customer directly. The ancillary costs are not easily predicted because many variables affect these rates like congestion, reserves and regulation, etc. Often this fixed energy-only program is a less expensive option than an "All-in" program; however, you are exposed to ancillary cost increases.

Fixed "ALL IN": As the name implies this is a fixed price plan for the entire term of your contract that includes the cost of the electricity and all of the ancillary costs. This option provides certainty for your monthly budget and protects you from market price volatility and ancillary cost increases.

To learn more about Nordic Energy’s electricity solutions, please contact us.