Woman shocked by her new Met-Ed rate

Unveiling the Electricity Price Surge: Met-Ed’s Rate Hike and Your Path to Savings in 2024

Table of Contents Introduction Central Pennsylvania residents and businesses served by Met-Ed are grappling with a recent surge in electricity rates, signaling an imminent impact on their monthly bills. However, amidst the concern, there’s a silver lining: individuals can take charge of their costs and unlock significant savings by exploring competitive electricity rates tailored to …

Who Should be Responsible for Apartment Utilities? Owners or Tenants?

Letting your vacant apartment unit become somebody else’s home sweet home involves more than simply setting the rent amount. When you write the lease agreement, you’ll need to specify what comes with your tenant’s monthly payment.  As the property manager or owner, you naturally want to maximize your profits and income stream, so you’ll need …

How Much Does an AC Cost Per Month

Days are again growing longer and hotter and the temptation to leave your air conditioner on all day is high. When summer days roll around, you can expect the energy bills to spike as the sweet relief provided by your AC unit comes with a cost. It’s hard to put a price on comfort, but …

How Much Electricity Does A Dehumidifier Use

As we are coming into summer yet again, the temperature both outside and inside our houses is steadily rising. Texas, for example, already known as the hottest place in the USA, is bracing for a hot spell towards the end of May. In some U.S. states, high temperatures are accompanied by increased levels of humidity. …

How Much Does It Cost To Run An Electric Heater

Why Should You Buy A Space Heater? When it’s cold outside, cozying up next to an electric heater can be so comfortable. These portable devices work by lighting up a wire coil and then using a small built-in fan to blow the heat out into space. Heaters can be a great addition to your central …

How Much Electricity Does A Space Heater Use?

When it comes to your electricity bill, your choice of electric appliances (and how effectively you use them) can have a significant impact. Electric space heaters provide a quick and efficient way to heat small to moderate-sized spaces and rooms in winter and have the added benefit of not requiring fuel to run. However, this …

The Bright Side Of Going Solar

Why Should You Switch To Solar Power? The adoption of renewable energy technologies such as solar power is growing rapidly in many countries. Solar panels are nothing new, with many people already using them extensively in residential applications to produce renewable energy in the United States. In fact, data shows that the use of solar …

What Is a Terawatt?

When you woke up this morning, you probably turned on the lamp in your room. You then switched on your computer, went into the kitchen, boiled the kettle, and turned on the oven to start making breakfast. Congratulations! You have used approximately 2 to 5 kilowatt-hours of energy. You’ll most likely use some tomorrow and …

How Does Maryland Produce Its Electricity?

Maryland has worked hard to ramp up its energy efficiency, set goals for lowering emissions from energy production, and build its renewable energy generation capacity. “In 2017, Maryland ranked among the top 10 most energy-efficient states in the nation,” says the Environmental Information Administration (EIA). Here are Maryland’s primary sources of electricity generation, ranked by …

Surprising Disadvantages of Using Solar Energy

Solar energy is a renewable resource that has received a lot of attention thanks to the various benefits of using it as a source for electricity generation. While there are many advantages to using solar power, there are also several downsides that the public should be aware of. Solar energy is expensive. Concentrated solar power …

How Does Connecticut Produce Its Electricity?

Despite its high electricity prices, Connecticut’s electricity consumption is quite low. “Demand for air conditioning is low during the mild summer months, and only about one in six Connecticut households use electricity as a primary source for home heating in winter,” says the Environmental Information Administration (EIA). However, as electric cars gain popularity, demand will …

Lowest Baltimore Electricity Rates

Maryland cities that deregulated their energy markets more than a decade ago are seeing an expansion in market activity as both customers and suppliers are exploring their options to benefit from the energy choice laws.  The expansion and benefits have been the greatest in Baltimore, the largest city in the state.  For electricity suppliers benefiting …

Compare Delaware Electricity Supplier Offers

Electricity choice in Delaware has come along way over the last decade. Once upon a time, despite legislation that allowed consumers to purchase their power from alternative companies, few suppliers had actually moved into the state to give consumers options. Today the market landscape is much different as close to a dozen competitive suppliers compete …

How to Compare Your JCPL BGS Rate versus Competitive Suppliers

The JCPL service area remains one of the most beneficial electricity choice markets for customers as the number of suppliers offering prices below the utility default rate continues to expand. Unfortunately many customers remain ambiguous to the benefits that New Jersey energy choice has created, resulting in only 22% of the residential customers in the …

Switch Energy Suppliers in Boston Before 2018 Rate Increase Hits

Many residential electricity consumers in the Boston area will see a large increase on their electric bills in the early part of 2018. Eversource Energy, the company responsible for delivering power to all properties in the city of Boston and surrounding suburbs, recently announced that they will be increasing their default rate for electricity supply …

PSEG Electric Suppliers Rate Comparison

PSEG will update their BGS rates for electricity customers on default rate service on October 1, 2017, which will mark the beginning of the PSEG winter rate period. The New Jersey utility updates their BGS rates – which stands for “Basic Generation Service” – twice a year on the first of October and June. BGS …

Lowest Electricity Prices in PEPCO Washington DC

States that have deregulated their energy markets have seen an increase in the number of participating electricity shoppers in recent years. Now the nation’s capital city is starting to share in that success as the Washington DC electricity choice market develops rapidly. The unbundling of PEPCO DC in 2001 has allowed consumers to shop for …

Eversource Connecticut to Raise Default Rates in July 2017

Eversource Energy recently announced a price hike for their Connecticut customers on the default generation rate. All residential and business customers in Connecticut who are serviced by Eversource Energy, and who are not purchasing their power from a competitive electricity company, will be effected by the rate increase. Customers who are currently on the default …

Switching PEPCO Electricity Suppliers in Maryland

Customers of PEPCO Energy living in Maryland are looking for alternative electricity suppliers to power their homes and businesses in an attempt to reduce their electric bills. Through Maryland electricity choice consumers have the ability to switch their electricity supplier from PEPCO Energy to an alternative PEPCO energy supplier who might be offering a more …

Lowest AEP Ohio Power Choice Rates

Table of Contents AEP Ohio Electricity Choice Overview Significant opportunities to reduce electricity costs exist for consumers who receive their electric bill from AEP Ohio power.  Recent declines in wholesale energy markets have allowed licensed competitive electricity suppliers to slash their offered rates well below the default rate that Ohio Power offers to customers for …

National Grid Electric Rate Increase in Massachusetts

National Grid recently enacted a steep price increase on their basic service rates for residential electricity service in the state of Massachusetts. The rate increase became effective on November 1, 2016 and will last until at least April 30, 2017. Currently it is unknown what National Grid will charge their Massachusetts residential electricity customers after …

CL&P Eversource Choice Rates Provide Price Security

Often an overlooked benefit of Connecticut’s electricity choice is the price security it can offer. Primarily when consumers think about the positive attributes of competitive power they are concerned with immediate savings gratification; how much money will I save on my next CL&P electric bill if I choose to purchase power supply from a competitive …

Washington DC Electricity Choice Prices

It may come to a surprise to Washington DC residents that they have the ability to shop for competitive electricity prices, but that is the case thanks to the passing of an electricity restructuring act that was approved by the District of Columbia Public Service Commission which first went into effect in 2001 under a …

Power Choice Provides Savings to JCPL Electric Bills

The competitive scene is the New Jersey retail electricity market is providing customers of Jersey Central Power & Light (JCPL) the opportunity to substantially lower their electricity bills. While savings have been available for JCPL customers through alternative suppliers for the past several years, recent developments in the marketplace have increased the savings potential. On …

PSEG Raises Electricity Rates for Residential Customers

Electricity prices increased for roughly 1.6 million residential customers in New Jersey who are serviced by PSEG on June 1. In response to auction results, PSEG summer rates for their basic generation service price went into effect on June 1 and will last through the end of September. The basic generation service price includes the …

Lowest DP&L Electricity Prices

The restructuring of the Ohio electricity market is allowing customers who reside in the Dayton Power & Light (DP&L) service area to significantly lower their electric bills. The Ohio electricity choice law allows customers to replace the rate for power supply on their DP&L electric bill for a price offered by a competitive electricity company. …

Connecticut Choice Forces Prices Down

Connecticut electricity choice is having a positive effect on residential consumers in the form of lower electricity rate offers and greater savings on their monthly electric bills. As a result of recent utility price increases, new competitive electricity suppliers have swarmed into Connecticut looking to attract new customers. The new electricity suppliers have forced the …

Switch PECO Energy Rates

With a savings potential of well over 10% available in the competitive market, one would think that the act of switching electricity suppliers in the PECO service area would by now have evolved to be as popular as shopping for mobile phone service. Instead, the market remains somewhat immature with only slightly more than a …

Atlantic City Electric Bill Savings

Atlantic City Electric customers are saving up to 22 percent on the supply portion of their electric bills by shopping for electricity prices in the competitive marketplace. The Atlantic City Electric bill is divided into two sections:  “Delivery Charges” and “Supply Charges” On average delivery charges makeup 30 percent of the electric bill.  These charges …