With energy rates changing as fast as the cycles of energy regulation and deregulation did during the early and mid-nineties, New York electricity consumers owe it to their companies to consult regularly with an independent energy consultant such as National Utilities.
With the help of NUC, businesses can lock in a low rate when renegotiating an existing utility contract with suppliers, thanks to knowledgeable energy professionals with a proven track record of knowing when the time is right to take the best advantage of new rates.
When the Federal Energy Regulatory Commission passed laws in 1989, 1992 and 1995 limiting their authority to wholesale transactions while encouraging states to assume responsibility in regulation and deregulation, states were left to the own set and change their rates. This opened a door allowing considerable abuse of the rate payer, in New York and elsewhere.
Now that the New York State Public Service Commission (PSC) has opened the State’s electric industry to competition, changes in the electric market will allow customers to choose their supplier of electricity. More than a million business and residential customers in New York State are now purchasing their electricity from an energy service company (ESCO).
Many ESCOs now provide a wide variety of price options. Some provide long-term fixed prices; others offer variable rates that change with market conditions; others give the option for customers to lock-in a rate during certain peak months of energy use. National Utilities can really help companies lock in fast. In some instances the contract requires the customer to commit to purchasing its energy from the ESCO for a specified period of time so the key is knowing when to renegotiate the contract.
More and more electricity brokers are entering the industry and these new companies are scrambling to secure customers for essential energy services. But not all brokers are created equal, and big time consumers have to be more cautious than ever in order to secure and lock in the best possible rates.
National Utilisource tracks market electricity costs on an almost minute by minute basis, and in states such as New York, where costs still fluctuate wildly, timing is key to locking in best rates. NUC can help CEOs negotiate or renegotiate with suppliers at the right time, often well before to the expiration of the existing utility contract.
With the help of a qualified energy broker such as National Utilities, businesses can chart a clearer course through the thicket of energy providers and take advantage of significant cost savings. NUC helps business in major markets to know when and how to negotiate new contracts.
Contact National Utilities to find out how your company can benefit from electricity cost savings. We are your National Electricity Commercial Energy Broker.