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...
When you receive your electricity bill at the end of the month, you will see many different charges included. One charge that tends to trip people up more often than not is something called capacity charges. You might not know this but capacity charges can appear as the “second highest cost-per-kwh on your bill“– after generation. In order to help clarify this term and what exactly it means for your pocket book, we’ve pulled together everything you need to know about this particular charge. What are Capacity Charges? Capacity Charges are based on the highest amount of energy you...
Since areas surrounding downtown – such as Sycamore and Northside – are mostly populated by families, homeowners might want to consider plans that will last for several years. Rather than switching REPs every few months, you can choose to stick with your preferred retailer for a longer period of time by opting for a long-term contract. Also, if you're looking to grow a relationship with your REP, you can research retailers based on their attention to customer care.
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Rates differ from state to state, city to city, time of year, provider to provider… so how can a consumer know that they are looking at a good electric rate? There are many factors that have an impact on electricity rates. So, it’s important to have a good understanding of what those factors are and what you, as an electricity consumer need to look for in a ‘good’ electricity rate. Home vs. Business Rates For starters, are you a residential or commercial customer?  If you’re using your electric service for your home, then in general expect to pay more per...
Since the deregulation of energy began impacting Dallas/Fort Worth in 2002, the residents of the DFW metroplex have been given their choice of electricity provider. The power to choose prepaid electricity in Dallas and Fort Worth has brought about a new way to buy electricity by means of a smart meter. Smart meters read electricity usage in real-time, allowing electric companies to connect a customer and read their daily usage in minutes. This in turn saves the company money and allows them to pass the savings on to you, the customer.

Half of 2017 has now passed, which means we should be able to highlight trends from the first half of the year and compare them with last year to project where energy rates might be for the remainder of 2017. These comparisons can help businesses better anticipate what the rates could look like for the remainder of the year and budget accordingly. Energy Trends At the moment, the 2017 average rates for electricity by state are only available for the months of January to April. That being said, there is still a lot of information we can gather about...
About 14 years ago, Texas deregulation laws initiated competition for electric companies. In Fort Worth, people in the community can pick a retail electric provider (REP), but not all renters, business owners and homeowners in Texas have this option. If consumers own a business, live or rent in the city, they can decide amongst Fort Worth electric rates in their ZIP code.
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