How do I Lower My Electric Bill

August 9, 2010

States that have decided to deregulate, or restructure, their electricity utilities are giving their consumers the opportunity to lower their electric bills.  Misunderstanding how to lower the electric bill has been a problem for some of these electric rate payers.
As a simple review, the electric bill is divided into two main sections; the delivery (lines [...]

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Kilowatt Hour Cost Increases for Large Commercial PPL Customers

August 5, 2010

Large commercial and industrial electricity customers in PPL who are on a variable rate will see an increase on their electric bills in August due to an increase in their kilowatt hour cost.  Many PPL (Pennsylvania Power and Light) commercial customers who are on default service and are under the PPL rate class of MP, [...]

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Compare Electricity Companies in Pennsylvania

August 4, 2010

Commercial and residential electricity customers have a number of options when it comes to choosing an electricity company for their supply rate in Pennsylvania.  In areas where the capped rates have already expired, such as PPL and Duquesne Light, there are over 20 electric providers actively offering service.  Choices are more limited in areas where [...]

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Met-Ed Customers Expect Higher Electric Rates in 2011

August 3, 2010

The Pennsylvania Public Utility Commission expects the average Met-Ed residential customer’s bill to increase by about 9.1 percent when the utility’s rate cap expires in December.  That hike is based on wholesale electric prices that have, until recently, dropped based on the sluggish economy and customers who cut back on their power consumption.
A division of [...]

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PPL Power Purchase Results for Default Customers

July 29, 2010

The PA Public Utility Commission posted the results for the fifth power purchase that PPL has made for its price to compare or default customers.  The new rates will go into effect on January 1, 2011.  One more auction remains before the final rates are established. 
PPL now has secured about 80 percent of its power [...]

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Heat Wave Causes Electricity Prices to Spike in PJM

July 14, 2010

 
The heat wave that was present in the Northeast and Mid-Atlantic last week caused a spike in electricity demand which in return increased hourly prices in the electric wholesale market.  Weather is the key variable for electricity demand.  Warmer than average weather causes an increase in demand as people turn their air conditioning down, forcing reliability [...]

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UI Lower Electric Rates

July 13, 2010

There are currently savings for Connecticut electricity customers who are serviced by the utility the United Illuminating Company (UI).  Both residential and business customers are finding savings by shopping the competitive electric market.
Residential electric customers in the UI service area are paying a default rate of 11.568 cents per kilowatt hour.  The lowest electric rate [...]

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Texas Residential Electric Rates

July 9, 2010

Texas residential customers who have had their contracts expire could be paying too much on their monthly bills.  Nearly every competitive electric provider who offers term contracts has a clause built in that causes customers to stay with the provider after the contract has expired at rates determined by the supplier.  The business strategy for the electric [...]

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Maryland Electric Rate Update

July 8, 2010

Maryland electric customers, both residential and business, are finding lower electric rates when they shop in the competitive market.  Customers who are served by Baltimore Gas and Electric (BGE) and PEPCO are finding the greatest savings.
The exact rate and savings that you can find depend on your individual rate class by your utility and historic [...]

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Pennsylvania Business Electric Rates

July 7, 2010

Pennsylvania business electricity customers can lower their electric rates if they have not already done so in most areas.  Small and medium size businesses in the PP&L (Pennsylvania Power & Light) area pay a default rate of $0.10402 per kwh in 2010.  The default rate in 2011 is not expected to be below $0.10 per kwh.  [...]

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