Slack demand for electricity across the U.S. is leading to some of the sharpest reductions in
power prices in recent years, offering a break for consumers and businesses.
Read more at WSJ.com: Me & My Car »
Saving money on your electric bill has never been easier.
We are all born to shop. We’ll go to three different malls to find the lowest price on a pair of shoes, and visit half a dozen
automobile dealerships to make sure we’re getting the best deal on a new
car.
Our desire to shop for the best value is no different when it comes to
energy. The Electric Discount and Energy
Competition Act (EDECA) of 1999 enables every energy customer in
NJ, NY, and
CT to shop for their
electric utility supplies by separating the supply portion of their
utility bill from the delivery portion. With the supply portion open to competition, energy customers can compare prices from third-party suppliers against what their utility charges them for
kilowatt-hours.
Thousands of businesses and non-profits now shop for the lowest price with third-party suppliers. Their local electric distribution companies still deliver the supplies through their wires – and respond to emergencies, should they occur – but the supplies themselves are purchased from other companies.
To learn more please contact:
Jose Siandre
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