Pricing
Commodity Charge
The cost of the actual energy you consume — the competitive part of your bill.
Definition
The commodity charge is the price for the electricity or natural gas itself, separate from the cost of delivering it.
Detailed explanation
In deregulated markets, the commodity is what you procure competitively from a supplier. It's usually quoted per kWh (electricity) or per therm/dekatherm (gas) and is the primary lever in a procurement strategy.
Why it matters
The commodity charge is the portion of your bill you can actively shop and structure — making it the focus of procurement.
Ready to make smarter energy decisions?
Talk to a commercial energy advisor about procurement, market strategy, and where IEG can add value across your facilities.