Craig the initial price is what consumers pay for domestic energy per kWhr. The market would continue to set the price after issue of money.
For example in UK, in my story about 'Filling the UK 50 Bn Black Hole", I used the UK domestic utility energy KWhr price before October 2022 to calculate that 457 Bn of domestic and community solar product has been created to date since 2005. If I used the price after october it would be 600+ Bn, because we saw an almost doubling of the price.
We would see inflation reverse with first issue of free money, because now money would again be representing actual product created.
After a few months, with adjustments to amounts issued, we should start to see a relationship between inflation, and rate of money issue. If we issue too much, or not enough, then we we should see inflation start to increase.
Where we find the currency is strongest (minimum inflation), would be the natural value of energy, in whichever currency is issued.
I hope that makes sense to you.