Posts Tagged electric suppliers in Maryland

Electricity Suppliers in MD

Thursday, March 17th, 2011 | Permalink

 

Maryland has opened up electricity competition for both commercial and residential electric service customers.

This program is called Maryland electric choice and allows for cheaper electric rates and more options, benefits, and value in regards to rate plans offered.

Commercial customers go through an initial reverse auction process. For the reverse auction to serve the purpose of lowering retail margin on the MD electricity rate there needs t be at least 2 days devoted to having the MD electricity suppliers competing for your account.

Our energy consultants take your historical Maryland electricity usage out to these competing suppliers and if you are a new business estimated electric usage is created to assist in the bidding process.

These electricity suppliers bid on your account and since we act as an arm of your company and as your consultant we assist in negotiating and lowering these prices as they come in from each electric company.

We give each electricity supplier in the mix the opportunity to bid again against the lowest electricity price without disclosing what exactly that price is.

Once as much margin has been squeezed out of the electricity rate from each energy provider we fashion a detailed electricity proposal showing all offers on the table.

We compare fixed electric rate offers in a clear apples to apples comparison as well as variable spot market prices that follow an energy commodity or heat rate.

For large Maryland commercial and industrial facilities advanced bids are received that make use of such things as spot market prices, block energy purchases, heat rate, and locking in the natural gas portion of the electric rate.

If you are unfamiliar with some of these price lowering strategies for your Maryland commercial or industrial business we would be happy to go into more detail over the phone. Please sign up using the box at the top right to begin.

If you happened upon this article looking for residential electricity suppliers in MD you can sign up with one of the featured residential electric suppliers shown at the top right.

Electricity Suppliers