🔌 What Is an Electricity Supply Agreement? An Electricity Supply Agreement is a contract between you (the business) and a supplier to buy electricity at a certain price for a specific period of time. It’s NOT from your utility; it’s from a competitive supplier in a deregulated market. ✅ What’s Usually Included in the Supply…
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Why Wednesday Is the Midweek Sweet Spot for Locking in Commercial Electricity Supply Rates When it comes to locking in commercial electricity supply rates, timing can make a significant difference in the price your business pays. While many companies focus on supplier selection or contract length, fewer understand that the day of the week you…
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Rate Watch: Find Out The Best Day of the Week to Lock in Low Commercial Electricity Prices When it comes to managing business expenses, electricity supply costs are often one of the most overlooked areas for potential savings. Many business owners don’t realize that electricity rates can fluctuate from day to day based on wholesale…
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PJM Capacity Auction – update 2025 – 2026 The 2025/26 PJM Capacity Auction resulted in a historic surge in capacity prices, signaling significant implications for commercial electricity rates across the PJM Interconnection region, which includes 13 States. Record-Breaking Price Increase Clearing Price Surge: The auction’s clearing price escalated to $269.92 per megawatt-day, a…
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Electricity Price Forecasts for 2025 and 2026 Electricity prices in the U.S. are projected to continue their upward trend through 2025 and into 2026, driven by increasing demand, fuel costs and infrastructure investments. Here’s an overview of the forecasts for these years: U.S. Electricity Price Forecasts (2025–2026) 📊 Retail Electricity Prices 2025: The average residential…
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The PJM Capacity Auction is a critical mechanism used by PJM Interconnection, the regional transmission organization overseeing the electric grid across 13 states and Washington, D.C., to ensure long-term grid reliability. This auction secures commitments from electricity generators to be available to meet future demand, with costs passed on to consumers. Impact on Business Energy…
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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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