Electricity Supply
Strategic Power Solutions
We design personalized electricity solutions to match the unique needs of each client.
Electricity Rate Options
Fixed Rates
A fixed-rate electricity plan provides a reliable option for businesses aiming to stabilize their energy expenses. In deregulated markets where rates can fluctuate due to market conditions, locking in a fixed rate protects your organization from price volatility. This consistency supports better budgeting and long-term financial planning.
Index Rates
An index-based electricity rate offers flexibility and potential cost savings, especially during periods of declining market prices. Unlike fixed rates, index pricing fluctuates with the energy market, allowing businesses to capitalize on lower rates when conditions are favorable. This structure can be ideal for companies with a higher risk tolerance and a proactive energy strategy. Deciding between index and fixed pricing depends on your budget goals and appetite for market variability.
Block + Index Rates
Block + index electricity rate plans provide a balanced solution for businesses that want both price certainty and market exposure. This hybrid model lets customers lock in a portion of their electricity usage at a fixed rate while allowing the remaining consumption to follow market index prices. It’s a strategic option for companies aiming to hedge against price spikes while still capitalizing on potential savings during periods of lower market rates.
Load-Following Block + Index
Load-following block + index electricity plans offer a flexible pricing strategy designed for businesses with variable energy usage patterns. These plans allow customers to lock in fixed rates for a percentage of their load, rather than a specific volume, aligning more closely with real-time consumption. The rest of the usage is priced at market index rates, enabling customers to benefit from potential market dips. This approach provides a balance between cost control and adaptability, making it ideal for businesses with fluctuating operational demands.
Our Stategic Process
We are a full-service electricity brokerage dedicated to helping businesses navigate the deregulated energy market. If your company operates in a deregulated state, our team is equipped to guide you every step of the way. Licensed across all deregulated markets, we offer comprehensive broker services from initial consultation to long-term account support. Power Choice Solutions is your go-to partner for customized electricity procurement. From rate comparisons to continuous bill oversight, we simplify energy cost management so you can focus on your business.
Rate Analysis
We evaluate your exiting electricity rates to determine if there is an opportunity to save money on your bill.
Supplier Vetting
We send out RFPs on your behalf to the nation's leading electricity suppliers and vet price quotes.
Negotiation
Our team utilizes our decades of energy experience to negotiate favorable contract terms that you desire.
Management
Our customers enter into our ongoing market and rate monitoring programs to ensure future savings.
We are trusted by some of the nation’s leading brands:
Get a Free Consltation
Our team brings over a century of combined experience in both retail and wholesale energy markets. Reach out to us today to discover how we can help your business build a smart, cost-effective energy strategy.
Electricity Supply Product Details
Every business has its own energy usage footprint. For example, a manufacturing plant running around the clock will have very different electricity needs than a retail location that shuts down in the evening. Understanding how your business uses power, and selecting a supply plan that fits, can lead to significant savings. At Power Choice Solutions, we specialize in matching clients with tailored electricity solutions. Here’s a look at some of the electricity products we offer.
Fixed-Rate Electricity Plans
Great for those looking for long-term certainty.
Fixed-rate electricity plans remain the top choice for many commercial customers in deregulated energy markets. These plans offer a straightforward way for businesses to secure electricity at a consistent price, unaffected by day-to-day market fluctuations. Once locked in, the rate stays the same throughout the duration of your contract. This makes budgeting and forecasting much easier. Here are some of the primary advantages of choosing a fixed-rate plan for your business:
- Fixed price per kWh for all electricity usage
- Lock-in electric rates for up to 5 years
- Great for budget planning, and financial certainty
Index-Based Electricity Plans
A good option for those looking to ride the market.
These types of electricity plans are favored by businesses that can pass energy expenses along in the pricing of their products or services. Manufacturers and producers of commodities, for example, often benefit from market-based electricity pricing that aligns with fluctuating production costs. A company in the oil or metals industry, for instance, may not want to be locked into a high fixed rate when market prices drop, as electricity is a significant input in their cost structure. Index-based power plans give these businesses the flexibility to respond to market movements. While they come with added risk, they also offer the opportunity for savings when market conditions are favorable. These plans can be a strategic advantage for energy-savvy operations.
- Enjoy downturns in the market
- Great when energy market prices are stable
- Good for businesses that treat utility costs as COGS
Block + Index Electricity Plans
A combination of fixed and index electric rates.
Frequently adopted by large-scale electricity users, a block + index electricity plan allows businesses to hedge a portion of their usage by locking in fixed-price “blocks” while letting the remaining consumption float with real-time market prices. This hybrid strategy is ideal for companies seeking a balance between cost stability and the potential savings of index exposure. Our largest clients often leverage this model to mitigate risk during high-price periods while capitalizing on lower prices during calmer market conditions. It offers a flexible and strategic approach to energy procurement. Additional advantages of this structure include:
- Fix power prices during certain times or seasons
- Sell unused block power back to the market
- Get wholesale day-ahead prices for index volumes
Load-Following Block + Index
A great alternative to a traditional block + index.
Like a standard block + index product, a load-following electricity plan allows for fixed pricing on a portion of energy usage—except in this case, the “block” adjusts in real time to follow the customer’s actual consumption. This type of product is especially beneficial for large energy users with unpredictable or fluctuating demand. For example, a manufacturing facility with irregular shifts or variable production schedules can benefit from this flexible structure. It reduces the risk of over- or under-hedging associated with traditional block products. Key advantages compared to a traditional block + index setup include:
- Do not overpay for incorrectly sized blocks
- Fix exact percentages of load at certain times
- Get the same wholesale day-ahead prices for index
Get In Touch With Us Today.
Office
- 520 Broad Street, Newark, NJ 07102
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