Fixed Price Contract in ComEd: You’re Carrying Hidden Market Risk

Most commercial electricity customers in ComEd are already exposed to market price risk—even when they’re on a fixed-price contract. This is primarily due to the Carbon-Free Energy Resource Adjustment (CFRA), a state-mandated charge (or credit) that adjusts monthly based on wholesale electricity prices. When prices are low, CFRA becomes a charge; when prices spike, it becomes a credit. In other words, your business already experiences financial exposure to the market — without the ability to benefit from market dips. This makes a compelling case for shifting part of your supply to an index-based pricing model.
A 100% fixed-price contract may seem like the safe choice, but it prevents you from mitigating the risk of rising CFRA charges. When market prices fall, CFRA adds surcharges to your bill — yet fixed contracts lock you out of the index savings that could offset those costs. A strategy that leaves partial exposure to index pricing reduces this hidden exposure by capturing market dips, helping to neutralize CFRA impacts. The result is stronger protection and increased budget certainty — not through rigid pricing, but through smarter risk alignment.

The EnerNova Difference:
At EnerNova, our independent research team develops innovative, data-driven strategies tailored to specific market dynamics and customer needs. We don’t follow the standard playbook — we rewrite it. If you are ready for smarter energy procurement, discover the EnerNova difference.