Blend and Extend: A Smart Strategy for Commercial Electricity Supply What is “Blend and Extend”? “Blend and Extend” is a strategy used in commercial electricity supply that allows businesses to take advantage of current lower electricity rates while extending their contract duration. This approach blends the current contract price with the new, often lower, market…
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Business Energy Providers: A Comprehensive Guide for Deregulated States When it comes to managing business costs, energy is often one of the largest expenses. The deregulation of energy markets has created opportunities for businesses to choose their energy providers, giving them more control over their costs. In this guide, we will list all deregulated states…
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The best time to price a contract for electricity or natural gas supply for Fall or Winter 2024-2025 typically depends on market trends, weather patterns, and broader energy market dynamics. Here are key factors and timing considerations: Shoulder Seasons (Spring and Fall) Best Time: Historically, shoulder seasons (March-April and September-October) tend to offer lower prices.…
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Understanding Commercial Electricity Supply Rates When it comes to managing your business’s energy costs, knowing when to buy electricity is as important as knowing how much to buy. Energy rates fluctuate throughout the week due to various factors. This article will discuss the trends in commercial electricity supply rates and explore which day of the…
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Illinois is a leader in electricity deregulation allowing businesses and residents to choose their electricity suppliers rather than being bound to a single utility company. This deregulated market fosters competition, helping businesses secure better rates, flexible plans and tailored services to meet their specific energy needs. Below, we explore the top deregulated cities and towns…
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Electricity Market Update: September 2024 Commercial Matrix Rates Lower than Utility Rates In September 2024, commercial matrix rates continue to offer a cost-saving opportunity for businesses compared to standard utility rates across various states. As energy prices remain volatile due to market conditions, businesses can significantly reduce their electricity costs by opting for competitive supply…
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Understanding Commercial Electricity Capacity: What Businesses Need to Know Commercial electricity capacity is a crucial concept that businesses must understand to manage their energy needs effectively. In simple terms, capacity refers to the maximum amount of electricity that a commercial property can draw from the grid at any given time. This concept is not just…
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How Shopping Electricity Suppliers Can Lower Business Utility Bills Finding ways to save on utility bills is a top priority for businesses today. One effective method is shopping for electricity suppliers. Many customers have shared their success stories of significant savings by switching suppliers, resulting in lower utility bills for their businesses. This article explores…
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PJM Capacity Auction 2025-2026: What It Means for Electricity Rates On July 30, 2024, PJM Interconnection, the Regional Transmission Organization managing the electric grid across 13 states, announced the results of its latest Base Residual Auction (BRA) for the 2025-2026 delivery year. This auction determines capacity prices, which power providers pay to ensure a reliable…
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In today’s competitive business environment, managing operational costs is crucial for maintaining profitability. One significant but often overlooked expense is electricity. Businesses across various states, including Pennsylvania (PA), Ohio (OH), Maryland (MD), Delaware (DE), Massachusetts (MA), Connecticut (CT), New York (NY), Texas (TX), Maine (ME), and Illinois (IL), face fluctuating electricity prices that can impact…
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