Pepco and BGE implemented their winter quarterly pricing starting December 1st, resulting in dramatically increased costs for commercial customers who purchase their energy supply through the utility. Pepco customers saw a 32% price increase- from $0.14762 per kWh to $0.19623 per kWh- while those served by BGE are now paying as much as $0.25212 per kWh.
The best way to combat these increased prices is to take advantage of the deregulated energy market, and shop for a lower price through one of Electric Advisors’ suppliers. At the time of publication, we have been quoted rates just above $0.10 for BGE customers, just below $0.10 for Pepco Maryland customers, and less that $0.09 for Pepco DC.
Not only does shopping for energy in the deregulated market mean that you’re able to choose the price you pay, but you can also lock in that price for anywhere from 6 months to 60 months. Locking in a price for several years will protect your wallet against the ever-inflating cost of energy and provide you with budget certainty for years to come.
Electric Advisors is here to help you navigate the deregulated energy market and find you the best prices on your electricity and natural gas supply. Call or email us today to start taking control of your energy costs!
Our Chamber Blog is designed to provide you information about The Chamber, our members, advocacy and legislative updates, and important business tools.