Fixed/Variable Pricing
Fixed Price
ConEdison Solutions gives customers the ability to lock-in prices for a period of time. No more worrying about prices fluctuating month to month, or whether or not your bill this month will spike due to increased rates. You can secure a low fixed-price agreement with the benefit of price certainty. With a fixed price you will pay one price as opposed to a variable rate that changes month-to-month or seasonally to match the energy market wholesale price. The main benefit of a fixed price is that no matter how much electricity you use, your price per kWh will not change.
Variable Price
With a variable price plan, you will pay prices that change month-to-month to match the electricity market wholesale price. The main benefit of a variable price is that when the market prices drop, you pay less for your energy usage. But with this benefit, the uncertainty of cost can be a risk to your budget as rates rise.