One of the most common sticking points for electricity customers is what, exactly, the difference is between an electricity provider (also called REP, CRES, or electric supplier) and an electric utility (also called a TDSP, TDU, or EDU). They’re both vital to the success of electricity deregulation, but they play very different roles. Understanding how they fit together can make a big difference in your overall confidence as an electricity customer trying to shop for the best electricity plan.
Electric utilities are responsible for the distribution, or delivery, of electricity to the customers who live in their service area. The electric utilities also employ the lineman that restore your power after a major weather event and repair the downed power lines and damaged poles. Every month you will see a delivery charge on your electricity bill. This is for the transmission and distribution of electricity to your home or business. The amount charged for the delivery of electricity is still regulated by your state’s public utility commission. These delivery rates are subject to change at least twice a year and they pay for the maintenance and operation of the poles and wires that serve your residence or business.
Landsvirkun, Iceland’s national power company, offers electricity to buyers for as low as $0.043 per kWh, which is nearly on par with what can be found in Washington State. Coupled with 20% corporate tax, the nation’s low energy prices have attracted not just data centers, methanol producers, silicon metal producers but also aluminum companies—which, again, consume massive amounts of electricity.
As an Exelon company, Constellation Energy is part of one of the biggest — and historically most polluting — corporations in North America. Given Exelon’s vast production energy, ranking on the PERI Toxic 100 list is perhaps not that surprising. The good news is that Exelon is upfront about its room for eco-friendly improvement and make it easy for Constellation customers to go green, too.
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Stafford electricity rates fluctuate with the price of energy in the market. That's because Stafford electricity providers purchase electricity wholesale and break it up into plans for consumers. If the price of wholesale electricity goes up, rates are likely to follow. That's why it's so important to lock down a great deal right away. If you choose to wait, Stafford electricity rates could rise and you'll have missed out.
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