Win Big on Business Electricity Contracts in Illinois
Types of Electricity Contracts
Businesses in Illinois can choose from a variety of contract types, each with unique benefits:
- Fixed-Rate Contracts: These contracts lock in a specific rate for the duration of the agreement, providing budget predictability and protection against rising energy prices.
- Variable-Rate Contracts: Rates fluctuate based on market conditions, potentially offering savings when energy prices fall but posing a risk if prices rise.
- Indexed-Rate Contracts: Tied to a market index, these contracts offer a blend of stability and flexibility, ideal for businesses willing to take on moderate risk for potential savings.