Competitive electric rates in Connecticut remain well below the price to compare default rates of CLP.  Despite this, only 27% of customers (residential, commercial, and Industrial) have chosen an alternative supplier.

Small and medium commercial customers in the CLP territory on default service (i.e. have not chosen a competitive supplier) are paying a rate of $0.11723 per KWh.  By contracting out with another electric provider, these customers can lock in rates below $0.10 per KWh and see their bills reduced by over 15%.

Over two dozen electric providers are active in Connecticut for residential and business electric consumers.   We recommend signing an agreement that will give you a fixed rate as opposed to a variable rate that can change from month to month.  The fixed electric rate will give you an apples to apples comparison against the CLP default rate and will guarantee that you save money as long as the rate is below the 0.117233 default rate.

Ask us for a comparison chart for your specific home or building.  Power prices are low.

The competitive electric market in the PPL territory in Pennsylvania has matured at a rapid pace.  From January 1, 2010 to June 1, 2010 about 30% of commercial and industrial customers have switched to a competitive electric supplier with the number being much bigger for larger consumers.

Competitive rates remain significantly lower than the 2010 PPL price to compare prices.  Small businesses on the price to compare default rate pay $0.10402 cents per kilowatt hour.  We have found rates for such customers this week as low as $0.080 per kilowatt hour, which equates to savings of 23%.

Rates as low as $0.075 per KWh have been found for larger commercial customers (who spend over $10,000 a month) allowing these electric consumers to save 28% off of their monthly bills.

For a list commercial offers, email us with your company name and estimated monthly bill amount.  Also email us if you have any questions.

IS THERE A REASON WHY YOU ARE RELUNCTANT TO SWITCH PROVIDERS?  If so tell us why in our comment section below and we will respond with the corresponding fact as to why you should shop for lower rates.  Right now, in PPL, every customer should switch off of default service and on to a lower rate structure.  We want to debunk any myths that are out there that say otherwise.

Lower electric rates are available for Atlantic City Electric (ACE) customers who are on the utility’s default price to compare rate.  Commercial and industrial electric customers can save a modest 10-15% off their current rates by signing a fixed contract rate with a competitive alternative electric provider.

Depending on the rate class and usage patterns, ACE business customers are currently paying a default rate between 10.77-12.15 cents per KWh http://www.atlanticcityelectric.com/business/choice/nj/compare/.

Competitive rates in the region are being locked in for 12-36 month terms at rates as low as 9.7 cents per KWh.  Shorter term contracts are also available for those consumers who want to save money right away in the summer, but wish to wait and see where the long term default rates are heading.

South New Jersey electric customers can save money on their electricity bills by getting off of the high default rates and shopping the competitive market.

Contact us for more information about electricity deregulation.

On June 1, new summer default rates went into effect for all New Jersey customer s being serviced by JCPL (Jersey Central Power & Light) who are still on the utility’s price to compare default rate.

While residential competitive electric providers remain limited in the state, there are roughly two dozen competitive electric suppliers offering lower rates for commercial and industrial customers compared to the JCP&L default price to compare rate.  Business customers in the GS rate class will pay a rate of $0.115462 from June through September of 2010, and then pay $0.110205 from October 2010 through May 2011.  Current fixed competitive electric rates in the area are in the low $0.10s per KWh resulting in savings for most businesses between 8-14%.

Default rates in JCPL are derived from auctions the utility performs in previous years for the current year.  Due to lower natural gas prices, current market rates for electricity are lower than the current default rates resulting in saving opportunities for businesses.

For more inf0rmation on Jersey Central Power and Light competitive rates, please leave a comment or send an email.