CO+OP Energy Program

You pay fixed-price energy rates for a defined period of time. This energy procurement strategy works best for businesses that require price certainty and budgetary control. 100% of the supply cost risk is on the supplier.

The "blend" part refers to mixing the old contract terms/rate with new terms. For example, if your current contract is active, the electric supplier might provide an option to blend the old rate with a new, more competitive rate/lower rate, effectively averaging the two. This allows for potential cost savings while keeping certain benefits from the existing agreement.

The "extend" part refers to prolonging or extending the contract with the same provider. For example, a provider might offer to extend a customer's contract for another year or more but with a blend of old and new pricing. This extension typically happens when the customer a wants to capture the value of the outer years being less expensive than the current market and pulling that value into your next months invoice to see lower costs immediately.

Blend and extends are not offered by all suppliers.

Each organization or ministry is unique in how it consumes and uses electricity. Many organizations have schools and extended hours for daycare and other activities that require more usage than others. Electricity prices are determined, in part, by how predictable the usage pattern is according to the smart meter installed at the facility. It is important to learn how electricity is used at each meter, as this will ultimately determine the final price of energy. Therefore, our approach to pricing is to uniquely price each organization and secure the best price for them each.

See Our Approach

The start and end dates are outlined in the terms of each electric contract. The most efficient way is to give the NextEra Advisors team permission to gather this information on your behalf, and have our team supply you with options that might provide a path forward when considering a new contract. 

For retail aggregation, this is where customers in the group typically sign up through an aggregator registered with the Public Utility Commission of Texas (PUCT). The aggregator negotiates with electricity providers on behalf of the group, seeking the best rates and terms.
In essence, electric aggregation is a way to pool the electricity demand/load/consumption of multiple consumers to gain better pricing or terms.

While the primary charge you’ll see on your bill is the energy charge (for the electricity consumed), additional charges related to grid operation, maintenance, and regulatory oversight can also appear. These include regulated transmission and distribution charges, system administration fees, capacity charges, ancillary services charges, and regulatory fees, among others.*

*charges may vary by energy supplier

Yes, the fixed rate is mainly linked to fixed energy charges and some, though not necessarily all, ancillary charges. Some ancillary “pass-through” charges can be fixed, however as your energy consultant, we will ensure that your energy supply contract is drafted with the correct ancillary charges and rate.