Eversource, an electricity services company headquartered in Boston, Massachusetts, recently announced that they plan to reduce their electricity rates during the summer months of 2017. With over 1.7 million customers, the company hopes that this decrease will contribute to its mission of delivering safe, affordable and reliable energy to western areas of the state. Details on Changes According Massachusetts state law, Basic Service supply rates need to change twice a year. These changes take place on pre-defined dates: January 1st and July 1st. Due to this law, Eversource put in this request earlier this month with the Department of Public Utilities (DPU) of Massachusetts. This...
For the past several decades, the Nevada energy market has been a monopoly controlled by the utility NV Energy.  NV Energy has controlled the price homes and businesses have paid for electricity for decades.  Unhappy?  Too bad. On November 6, you can do something about it. On November 6th, residents of Nevada can go to the polls and vote yes on question 3.  Voting yes will open the energy market to competition — homes and businesses will be able to shop around for their electricity provider.   You’ll be able to choose the electric rate and plan that’s right for you. 3 Reasons to Vote Yes on Question 3 New Jobs.  If voters say yes to question 3 on November 6th, some estimate that 34,000 new jobs will be created in the Silver State.  One company in particular that is interested in moving to (and hiring in!) Nevada is Google.  Google purchased land to build a massive datacenter in Northern Nevada but before investing money they’ve requested alternatives to NV Energy. Lower Bills.  Electric choice creates competition — competition is good for consumers!  Whether you need electricity for your apartment or a massive datacenter like Google, companies will need to be competitive to earn business.  Energy providers will have to offer great rates and great service to earn and keep your business, otherwise you (and everyone else) will be free to...
If you’re a Duke Energy customer, your piggy bank might see a little more coin this summer. According to recent press release, customers of Duke Energy are likely in for a treat this summer! Experts say that based on several different factors, the electric power company’s customer’s bills will be 3% – 4% lower compared to 2016’s summer months. President of Duke Energy Ohio and Kentucky had the following to say about the good news: “We experienced warmer-than-normal weather last summer. As a result, our customers used more electricity to cool their homes. This summer, we’re forecasting temperatures that are closer to normal. That means our...
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For the past several decades, the Nevada energy market has been a monopoly controlled by the utility NV Energy.  NV Energy has controlled the price homes and businesses have paid for electricity for decades.  Unhappy?  Too bad. On November 6, you can do something about it. On November 6th, residents of Nevada can go to the polls and vote yes on question 3.  Voting yes will open the energy market to competition — homes and businesses will be able to shop around for their electricity provider.   You’ll be able to choose the electric rate and plan that’s right for you. 3 Reasons to Vote Yes on Question 3 New Jobs.  If voters say yes to question 3 on November 6th, some estimate that 34,000 new jobs will be created in the Silver State.  One company in particular that is interested in moving to (and hiring in!) Nevada is Google.  Google purchased land to build a massive datacenter in Northern Nevada but before investing money they’ve requested alternatives to NV Energy. Lower Bills.  Electric choice creates competition — competition is good for consumers!  Whether you need electricity for your apartment or a massive datacenter like Google, companies will need to be competitive to earn business.  Energy providers will have to offer great rates and great service to earn and keep your business, otherwise you (and everyone else) will be free to...
Based in Houston, TX, Direct Energy operates as a residential energy retailer in 11 U.S. states and two Canadian provinces. As a wholly owned subsidiary of Centrica, plc, Direct Energy is now the largest residential energy supplier in North America. Various packages and plans are available to residential customers in Ohio, Illinois, Indiana, Michigan, Pennsylvania, Maryland, New Jersey, New York, Connecticut, Texas and Massachusetts.
Companies across many industries use sales, promotions, and incentives to advertise and attract new customers — electric companies in deregulated states are no different. Many homes and businesses across the United States benefit from having the option to choose an electricity provider.  Of course, after the initial 3-month, 6 month, 12-month plan, etc. contract has expired with one provider, a home or business can switch to another provider offering services in that area. Since switching electricity companies is fairly easy, most providers offer different types of incentives to try and attract a competitor’s customers. But first things first. Before we get...
Texas REPs have been competing for energy consumers' business for more than 10 years. There might be different Corpus Christi electric rates and supply plans available to you, but how do you know which one is the best fit? When consumers compare electricity providers, they have the ability to find the best energy solution for their home or business. Shoppers tend to search for a supply plan based on options such as term length, special rewards programs, competitive rates and more.
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