Fixed‑rate electricity plans provide price certainty by locking in a set price per kilowatt‑hour for the length of your contract. They protect your budget from market volatility but may keep you from benefiting if wholesale prices fall. Flexible or variable‑rate plans track market prices and can offer savings during periods of low demand, yet they expose you to price spikes during heat waves, cold snaps or supply disruptions. The best choice depends on your risk tolerance, cash‑flow needs and ability to adjust consumption. Many businesses use a blended approach—locking in a portion of their load at a fixed rate while leaving some exposure to spot prices. Consulting with an energy expert can help you determine the right mix for your company.
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