What’s Included in My Electricity Supply Rate? Understanding what is included in your electricity supply rate is critical for any business looking to manage energy costs and avoid surprise charges. Many businesses sign energy contracts without knowing exactly what they’re paying for. This guide will help break down what’s typically included in a supply rate…
Read more
What Is Capacity and Why Am I Being Charged for It in My Business Electricity Bill? When businesses review their electricity supply costs, one confusing line item often stands out: the capacity charge. Unlike supply or transmission charges, capacity costs don’t seem tied directly to the energy you consume day to day but they still…
Read more
Why Fixed Energy Supply Rates Offer Smart Savings for Businesses In today’s unpredictable energy market, locking in a competitive rate can be the key to long-term savings and financial stability for your business. At Bid On Energy, our goal is simple to help you secure the best electricity and natural gas supply rates available. By…
Read more
🔌 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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
