Matrix Electricity Pricing vs. Custom Electricity Pricing: Which is Better for Your Business? Choosing the right electricity pricing model is crucial for businesses looking to manage their energy costs effectively. Two common pricing structures in the commercial electricity market are Matrix Electricity Pricing and Custom Electricity Pricing. But which one is the best fit for…
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Market Update: February, 2025 – Businesses Can Save Big on Energy Costs In today’s energy market, businesses in deregulated states have a unique opportunity to save significantly on their commercial electricity and natural gas costs. With electricity matrix rates falling below utility-provided rates in several key states, companies can reduce overhead expenses and improve their…
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This chart compares the benefits of signing a Letter of Exclusivity (LOE) versus a Letter of Authorization (LOA) in the context of commercial electricity supply. Key Differences: LOE (Letter of Exclusivity): Purpose: A customer commits exclusively to one supplier or broker for a period of time. This agreement encourages suppliers to offer the best possible…
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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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Illinois 2024 electricity projections Here is a list of major electric utility companies serving Illinois with 2024 electricity projections. ComEd (Commonwealth Edison) Electricity rates for ComEd are projected to increase for the remainder of 2024 due to rising energy procurement costs and infrastructure investments. The outlook indicates a modest hike in pricing to ensure reliable…
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Understanding Commercial Electricity Pricing For April 2024 As April 2024 unfolds, businesses across the nation are keenly observing the fluctuations in commercial electricity pricing, a critical factor that significantly impacts their operational costs and bottom line. Today we delve into the current trends in commercial electricity pricing for April 2024, shedding light on the factors…
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