Our energy brokering services offer competitive electricity rates. We have a comprehensive process with our strategic suppliers to achieve the best rate and contract for your electric.
Electric supply costs have several components to an electric rate. Some states mandate all or some of these components in the electricity cost and can change because of regulatory changes.
Electric Supply Cost Components
Understanding what makes up the electric supply costs can be confusing for a business. QFB Energy consultants have the expertise in explaining these components to customers. Our consultants can explain billing details, and the different billing option available. Electric rates can be billed from the utility or directly from the supplier.
Different pricing options are available for an electric rate. Fixed or variable are the most common rates for electric. Both option Rates for electricity can be negotiated in different ways:
Fixed rate: a rate that allows you to pay the same electric rates per kilowatt-hour (kWh) for a contract length, even if market prices fluctuate. Rates are locked in be term lengths, usually 12-36 months.
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Variable rate: a rate that changes month to month based on market conditions. Variable rate plans are month-to-month with terms of 31 days or less. Variable rates are also know as index rates.
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Indicative market pricing changes daily. By using an Energy Partner like QFB Energy, they can help you achieve your business goals by working with you on the best electric rate for you.
Contact us today for more information on electric rates for your business.