Prior to electricity deregulation in select areas of the United States, the electricity that powered homes and businesses came from the utility company and customers could not compare electricity providers. With electricity deregulation continuing to expand and electricity providers in the mix, residents and businesses should be sure to understand where their electricity comes from, how it’s delivered, and how the cost is divided.
Energy Prices’s online shopping experience is woefully outdated, which makes it harder than usual to get to the fine print. You’ll need to take the first step of signing up — follow the Enroll Now! Link — to get “Terms and Conditions” to appear. The website also pays the typical lip service to the green movement, but Energy Prices plants generate over Best Electricity Company percent of the company’s total electricity from conventional fuels.
“Special Fixed Rate Offer,” said the notice that arrived in Maryland mailboxes recently. “Compare Electricity Prices¢ per kwh.” The wording made it sound like a bargain, but it’s actually one of the most expensive electricity deals in the state, according to the Maryland Public Service Commission website. Deregulation of the energy industry, giving customers alternatives to the old line utilities, was supposed to foster competition and lower prices for consumers. But it doesn’t always work out that way.
Energy Rating. Contracts: Before, there were no contracts. You signed up or you didn’t. When it’s the only game in town, you have to play by their rules. Nowadays, you’ll see these ultra-fabulous rates bandied about but it’s only by carefully scrutinizing the fine print that you’ll discover those wonderful rates come with a one-year lock-down or other catches.