With energy rates changing as fast as the cycles of energy regulation and deregulation did during the early and mid-nineties, Pennsylvania 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 possible abuse of the rate payer, in Pennsylvania and elsewhere.
As of January 1, 2011, a partially deregulated market allows electricity customers in the Pennsylvania to shop among numerous suppliers for the best deal. With all the caps now 60% off of the PPLs, the state of Pennsylvania is open to electricity market competition. National Utilities can help customers negotiate the best contracts throughout the full deregulation process. The current phase of PPL electric utility deregulation has allowed the state to see how the transition would go and to make sure the state could effectively operate a competitive, deregulated electric service market. The PPL rate cap removal has obviously been a success which allowed for competition to not be hindered and for the best price to win.
As of September 21st, 2011 roughly 1.3 million consumers had already migrated away from incumbent utility providers to alternative competitive suppliers. Pennsylvania energy deregulation was enacted into law almost a decade ago, but up to this point there was very little competition. Now customers can shop among a variety of alternative energy providers and in many cases can see a reduction in their monthly bills.
More electricity brokers have been entering the opened Pennsylvania energy market 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 Pennsylvania, where costs can be expected to 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.