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Q: competitive pricing for electricity ( Answered,   0 Comments )
Question  
Subject: competitive pricing for electricity
Category: Family and Home
Asked by: revkwd-ga
List Price: $2.00
Posted: 19 Apr 2004 06:50 PDT
Expires: 19 May 2004 06:50 PDT
Question ID: 332522
Is there a cheaper source for electricity tha PEPCO?

Request for Question Clarification by czh-ga on 19 Apr 2004 10:35 PDT
Are you referring to Potomac Electric Power Company?
http://www.pepco.com/

Thanks.

~ czh ~

Clarification of Question by revkwd-ga on 19 Apr 2004 17:38 PDT
Yes, I did mean Potomac Electric and Power. I live in Chevy Chase, Md

Request for Question Clarification by aht-ga on 19 Apr 2004 19:47 PDT
Are you looking for cheaper sources of electricity for residential
use, commercial use, or industrial use? There are typically different
options available depending on how much electricity you use, where you
use it, and when you use it.

Request for Question Clarification by czh-ga on 19 Apr 2004 19:47 PDT
Hello revkwd-ga,

I?ve located information about the electric company providers who
offers services in Chevy Chase as well as a website that you can use
to compare the prices they offer based on your address. Will this meet
your needs? I look forward to your clarification.

~ czh ~

Clarification of Question by revkwd-ga on 19 Apr 2004 20:57 PDT
Yes, for the second time.  you have the correct company

Clarification of Question by revkwd-ga on 19 Apr 2004 21:00 PDT
sorry, I was so hasty in my response. I am new to your format. 
I am interested in residential use and I think your information will surfice.


Thank you,

I look forward to its receipt,

kwd
Answer  
Subject: Re: competitive pricing for electricity
Answered By: czh-ga on 19 Apr 2004 23:15 PDT
 
Hello again revkwd-ga,

My research shows that Chevy Chase and Montgomery County have recent
electricity deregulation rules in effect. In addition to PEPCO you can
get electrical service from Baltimore Gas and Electric (BGE) and
Allegheny Power. The Montgomery County pages on Environmental
Protection have a big section on helping you understand what
electricity deregulation means to you. You can link from this page to
the Maryland Attorney General?s Office to get information about how to
compare the pricing offered by the electrical companies servicing your
home.

Best wishes for getting a good deal.

~ czh ~



http://www.montgomerycountymd.gov/deptmpl.asp?url=/content/dep/Energy/shopping.asp

What is Electric Utility Deregulation? 
In 1999, a law was passed in Maryland called the Customer Choice Act.
The Act gave Maryland customers the right to choose their electric
power supplier, beginning in July of 2000. The Act also unbundled, or
separated, the different pieces of the electricity product from each
other. For example, when you buy power, you are buying generation,
transmission and distribution. Generation creates the power,
transmission brings it to your area, and distribution brings it to
your home or business. The only piece of the electricity product that
you are now able to choose is generation.


Standard Offer Service 
Most residential customers are now receiving what is called "Standard
Offer Service."  This is the service you receive if you have not
switched to a new electricity supplier.  At present, there are price
caps on Standard Offer Service.  These price caps were put in place by
the Maryland Public Service Commission to ensure that residential
electricity consumers would be protected from price volatility during
the transition to a competitive marketplace.  However, the price caps
will expire.  The current schedule for the expiration of price caps
for residential customers is shown below:

Electric Company	 Expiration of Price Caps on Standard Offer Service

Potomac Electric Power Company (Pepco)	July 1, 2004
Baltimore Gas and Electric (BGE)	June 30, 2006
Allegheny Power	December 31, 2008


If you want to make a choice based on price, you should look for the
official "price to compare." The "price to compare" will be presented
as a price per kWh (kilowatt hour), and should serve as a benchmark
for comparing other company?s offers to your Standard Offer Service
and for comparing different offers to each other.  To see the current
list of offers, and compare them to Standard Offer Service, go to the
web page of the Attorney General's Office by clicking here.

------------------------------------------------------------


http://www.oag.state.md.us/Energy/index.htm
Electricity Supplier Rate and Service Information

Maryland residents are now able to choose who supplies their
electricity. (Customers of municipal electric systems and some rural
cooperative systems are the exceptions - see "Areas not
participating", below.) Your local utility, now called your electric
company, will still deliver the electricity to your home, but you can
choose another company to generate the electricity, if other companies
are making an offer in your area. The Office of the Attorney General
publishes the rates and services of licensed competitive electricity
suppliers on this website to make it easier for you to compare offers.

Click on the name of the electric company or cooperative at left that
serves your home or small business to see the rate offers of any
competitive suppliers.
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