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Hybrid Electricity Plans 

Balance cost certainty and market opportunity for your business.

Get a quote

Hybrid Electricity Plans 

Balance cost certainty and market opportunity for your business.

Get a quote

How does a hybrid plan work?

A hybrid plan allows you to align your electricity purchases with market conditions and your specific risk tolerance with a fully customizable approach. By using a layered purchasing strategy, you can secure portions of your energy over time — allowing you to build toward the same level of budget certainty as a traditional fixed plan while taking advantage of market opportunities. With this strategy, you control your business’s exposure to energy markets in accordance with your risk tolerance.

 

Percent Fixed & Index (PF&I)

Plan highlights

A Percent Fixed & Index (PF&I)* plan allows you to secure your electricity costs by making up to four fixed price layered purchases for various timeframes, each of which covers a percentage of your shaped load. Your business’s remaining energy consumption is purchased at either real-time or day-ahead index prices.

With PF&I, you can:
  • Control exposure to market price fluctuations by locking in some or all of your electricity consumption at a fixed rate(s)
  • Lock in fixed price layers over time that follow your load and help mitigate risk and capitalize on opportunity
  • Define each layer by calendar month and stack multiple layers at a time

 

 

Recommended for

  • Businesses looking to control exposure to risk while maintaining flexibility
  • Businesses that prefer flexibility in how they make energy purchases
  • Businesses looking for defensive hedging options to avoid future increases
  • Businesses that don't wish to lock in their total load all at once

*PF&I is only available in ERCOT.

 

 

Load Following Block & Index (LFBI)

Plan highlights

Load Following Block & Index (LFBI) gives your business the ability to capitalize on the best of both a fixed and index strategy. With LFBI, you can fix up to 100% of your business’s energy usage through layered purchases and settle any unhedged consumption at market index prices. This approach gives you the ability to customize and adapt depending on your risk tolerance.

With LFBI, you can:
  • Lock in percentages of your load (up to 100%) for various terms over time to mitigate risk exposure and capitalize on favorable market conditions
  • Diversify risk across multiple purchases over time, reducing exposure to market volatility
  • Choose to pass through or fix capacity and transmission costs up front, providing even more control over energy expenses and budget planning

 

 

Recommended for

  • Businesses with >1,000 MWh of annual usage
  • Businesses looking to take advantage of both fixed-price and market-based strategies
  • Businesses that can absorb some price variability from month to month

 

 

Block & Index (B&I)

Plan highlights

Block & Index (B&I) combines budget protection and purchasing flexibility to put you in control. The plan allows you to purchase individual wholesale blocks to cover portions of your energy consumption during periods when you need to mitigate risk, while your unhedged consumption is settled at market index rates.

With B&I, you can:
  • Customize your strategy with the perfect balance of risk mitigation and market exposure to better capitalize on favorable market movement and reduce impactful exposure
  • Enjoy transparent wholesale pricing for your fixed price forward hedges
  • Use pricing forecasts and market information to inform strategic forward purchases to shift power load to lower-priced times of energy usage

 

 

Recommended for

  • Businesses that want the ability to customize risk exposure
  • Businesses that want the flexibility to make decisions and evolve strategy over time
  • Businesses that are seeking price transparency on their forward hedges

 

Balance cost, flexibility, and sustainability

A hybrid plan allows you to integrate Renewable Select or Renewable Energy Certificates as part of a broader, optimized energy strategy. Working with NRG, you can align sustainability initiatives with your buying or purchasing approach to balance budget certainty, market opportunity, and environmental impact.

Explore sustainability solutions

Benefits of a hybrid plan

Receive dedicated support

Benefit from an assigned account representative and a reliable support team.

Maintain flexibility

Gain insights to optimize energy consumption without affecting reliability.

Optimize spending

Customize a solution to get the most value from your energy spend.

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