NextEra Energy Services’ Block & Index product allows businesses the opportunity to fix a portion of energy usage (a block) and the flexibility in the future to: (1) adapt to increased carbon regulations; (2) take advantage of changing market conditions (lower prices); and/or (3) benefit from technological advances designed to help with carbon reduction or lower costs.  

You can execute a block when you secure your initial energy supply contract, or you can start your contract on 100% index and execute blocks in the future as more favorable pricing opportunities present themselves. Our “block” structures are varied and designed to help meet your risk-reward appetite.  A Block & Index strategy comes with flexibility, but it does carry moderate price volatility risk, as portions of your energy will be subject to market rate fluctuations. 


How Block + Index Works

  • With this strategy, your energy in the blocks are billed at a fixed price 

  • Any energy bought or sold in the index markets are settled and billed at the applicable index market rate 


Risk Level

  • Block & Index strategy comes with moderate price risk  

  • Portions of your energy will be subject to applicable index market rate fluctuations 


Product Overview

Product

Block(s) + Index

Features

  • Flexibility for future energy needs
  • Fixed commodity rate for block volumes
  • Usage above or below block volumes settles on index prices

Contract
Options

Up to 90 months and even longer for creditworthy customers

Potential
Risk

Price volatility is moderate

Advantages

  • Flexibility to manage calculated risk for financial savings
  • Price transparency
  • Measurable degree of budget certainly
  • Expert information and input from your NextEra Energy Services Representative on how to best manage your block index strategy

Greenline.svg

Ready to get started?

Contact us at 855-262-3596 or CommercialSales@NextEraEnergyServices.com

Greenline.svg

Explore More Energy Options

Energy Optimization

Today’s commercial energy and sustainability strategies must include deeper insight. Our high-powered analytics tool can reveal cost-effective energy solutions for your organization.

 

icon_managed-product.svg

Managed Product

Our comprehensive energy management plan for the sophisticated energy manager allows full flexibility and freedom to harness market opportunities and mitigate risk.

 

NextEra Energy Services renewables and reliability icon

Renewables & Reliability

Meet corporate sustainability goals through planning, reporting and renewable energy sources, and ensure energy reliability in your operations with our unique service offerings.

 


All Commercial products are subject to specific terms and conditions in applicable customer agreements. Certain components of this product may fluctuate and certain changes may be separately billed or passed through to customer, including utility charges and taxes. NextEra Energy Services makes no representation or warranty as to actual product prices or the direction, trend, movement level or range of product prices, wholesale or retail electricity or natural gas prices, and customer is relying on its own judgment and upon advice from advisors as it deems necessary, and is solely responsible for determination of its risk tolerance for any product and its decision to purchase any product and related risks. No communication oral, written or electronic from NextEra Energy Services will be deemed to be representation, assurance or guaranty as to the expected service or performance of any product. NextEra Energy Services operates through various affiliated entities.