Electricity Fixed Rate

Fixed supply rate- your supply rate is fixed throughout the term of your contract.

Benefits

• Consistent pay rate for your supply, even if commodity rates change

• Ability to budget your long-term commodity supply costs more effectively

Natural Gas

The energy industry is always exploring cost-effective alternatives to burning coal. Natural gas is the cleaner, economic, and scalable solution ready to serve millions of people today.

Natural gas consumption in the US is steadily increasing. Here’s what you should know:

• Natural gas is cleaner than coal. Natural gas releases half as much carbon dioxide as coal when burned.

• Natural gas is less expensive than other fuels. Many industries have already switched from gasoline and diesel to natural gas in order to save money.

• North America has a strong supply. Natural gas provides a clean alternative to coal, while the industry continues to develop renewable energy options.life.

What is Energy Deregulation?

Today, energy users in many states can choose their energy provider, but that wasn’t always the case. For decades every residential and business electricity user could only buy power from their local electrical utility. Energy deregulation restructured the energy market to eliminate the utility’s monopolies, increase competition, lower costs, and improve service. Energy users in states with competitive energy markets have options for rates, terms and specialized product offerings to best fit their needs.

How does energy deregulation work?

Energy deregulation works through reverse auction, where each company offers to sell its energy at the lowest possible rate. Independent agencies purchase the energy needed to suit the demand they predict, and then set the best rate for their customers.

Energy is thus delivered through the existing utility infrastructure. Utility companies own the infrastructure and are responsible for transmitting energy, but not for setting the rate energy users pay. Retail energy providers compete against one another to provide the best combination of rates and services.

What energy deregulation means for small businesses

Deregulation allows energy suppliers to be creative in developing small business energy options that respond to the real needs of real companies. Different companies across many industries have different electricity needs and usage patterns. The one-size-fits-all approach that utilities offer may not provide these small business customers with much flexibility.

In states with deregulated electricity markets, energy suppliers compete to better serve their customers. With various small business electricity options to choose from, companies can pick the right type of contract for the right duration to fit their operations.

The benefits of energy deregulation

The deregulation of the energy industry brought multiple benefits to the energy user, and includes the following:

• Power to choose. Deregulation allows energy users to choose their energy supplier and the specific plan that is best for them.

• Competition and better service. Competition among energy suppliers is the motivation to offer creative options and excellent service to their customers.

• Energy efficiency. Providers and their customers are both incentivized to use power more efficiently.

• Energy consciousness. Customers are more engaged in buying and using power. Both business and residential customers better understand energy cost and ways to conserve energy.

• New and enhanced services. By diversifying, competitive energy suppliers can offer additional services and benefits to their energy users that would otherwise have been unavailable.