Until a few years ago, customers had absolutely no control over their utility bills. Your local utility chose who to buy your energy from and delivered it to your business. At the time, the state set a fair price the utility could charge and sometimes this worked but sometimes it meant you didn’t always get the best rate. Energy deregulation / choice is where some states have allowed customers to purchase their energy (electricity and natural gas) from alternative energy suppliers rather than just being forced to buy from their local utility company. The benefit is that the consumer now has competitive markets rather than a regulated monopoly setting the prices.
We can assist you with a free rate analysis and let you know exactly what you are paying and how we can reduce your energy costs. It is a very simple process, so let’s get started by contacting one of our energy consultants today!
No matter whether you are responsible for a large commercial facility, or a smaller operation, Tranont can help by scouring over 70 suppliers and offer you tailored advice on how to proceed. Call us today to find out how much you can actually save.
If I switch my energy service provider where does the billing and service come from?
Nothing changes on your bill or service. Your local utility company handles all the billing, repairs, infrastructure and customer service. The local utility will handle the delivery of the power to your location just like they do now. The only difference you’ll notice is a lower power bill.
If I am currently under contract can I change to the new contract?
Generally you will have to complete your current contract. However, we can lock your lower rate in for up to 24 months before your current contract expires. This allows you to lock in the lowest price now and you start the day your current contract ends. This allows you flexibility and stability in your expense planning going forward
What is a Kilowatt Hour (kWh)?
A kilo watt hour is a measure of electric usage that you see on your electric bill. What it means is 1,000 watts of power expended for one hour of time.
What is a Megawatt or Megawatt Hour?
This is the equivalent of using 1,000 kilowatts for one hour or 1,000 kWh
What if I have a power outage?
You will call your local electric utility just like you do now. They will handle everything in regards to service or repair
Why do different length contracts have different price per kWh?
The main reason that contract prices differ, depending on contract length, is that power suppliers can predict more accurately their costs over the shorter term than long term.
Should I commit to a long or short term energy contract?
That really depends on you and your needs. If you see your power needs or the cost of power going up in the future then it may make sense to lock in your savings today for the longer term. If you feel that energy costs are going to go down or not change much, then you might opt for shorter term. Remember we offer terms from 3 to 60 months.
Who should I buy my power from?
Since deregulated energy is basically a commodity it would make sense to buy from any reputable company that gives you the lowest price. You have choices. Remember your local utility is going to deliver the power, service the account, maintain the local lines, bill and collect, and take care of any service issues just like they do now. You will not see any difference in your account except the price, no matter which energy supplier you go with.
How do I know if I am getting the best price?
With our deep market connections, we have relationships with over 70 active suppliers across deregulated markets. Through technological innovation we have access to over 1 million active price points. You can be sure that you are receiving the best and most robust market access possible.
Does everyone have the option to choose their electricity or natural gas provider?
Unfortunately, no. Deregulation of energy is on a state by state basis.
What markets do we currently provide service for?
CA, CT, DC, DE, GA, IL, IN, MA, MD, ME, MI, NH, NJ, NY, OH, PA, TX, and VA
Call us today to find out how much you can actually save.
About Energy Choice
In deregulated states, the customer is able to choose an Energy Supply Company (ESCO / REP) they feel provides the best price or benefits. Customers can select their own energy supplier rather than receiving electricity or natural gas from the utility. The implementation of the energy choice programs created competition and so ended the utility monopolies.
In the newly competitive electric and natural gas markets, there is now an opportunity for customers to take charge of buying their energy. You are now able to choose your energy supplier from among many Energy Supply Companies who can supply your electricity and natural gas at low prices.