Energy Research Council
The most commonly selected type of electricity supply contract is one with a fixed price. In 2013, the Energy Research Council (ERC) surveyed some 1,300 executives from small to medium-sized businesses (SMBs). The survey found that 73 percent of SMB executives are most interested in locking in a fixed-price electricity supply contract.
The ERC’s new research brief, “Are fixed-price electricity supply contracts really fixed?” examines supplier contract conditions that can add unanticipated costs to customers’ monthly electricity bills and describes the importance of ensuring each fixed-price quote from competitive electricity suppliers includes the same components.