Delmarva Power customers in Maryland can save big money on their electric bills this summer as competitive energy companies have started offering rates in the area. The default price to compare rose by 11% for Delmarva residential customers on June 1. The price to compare is the electric rate Delmarva customers pay for power supply [...]
PEPCO, the Maryland electric utility company who provides power to just under a half million homes, will increase their price to compare electricity rates in June to 8.97 cents. The price to compare is the rate that customers, who have not shopped and selected an alternative energy company, pay for their generation supply and transmission [...]
Many consumers in Maryland may be surprised to learn that the Maryland electricity market has been deregulated since 2004. However, due to political uncertainty and high natural gas prices over the years following 2004, alternative electric suppliers were slow to enter the market. Fast forward to 2011 and the energy landscape in Maryland has changed [...]