Spring Into Energy Savings with a New Energy Supplier in Maryland

April 1, 2015 Written by  Comments Print
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If you live in Maryland, you can choose your own energy supplier, and spring is actually one of the best times to do so. Learn why you might want to do this, and how to do it, in our blog.

Why might you want to choose your energy supplier?

Right now, your local utility generates and delivers the electricity and gas for your home. If you want to switch, your local utility will still deliver your gas and electric, but a different company will produce it.

The main reason you might want to switch is because you may be able to get a better rate from someone other than your local utility. In addition, if you're environmentally conscious, you can choose from a number of green-energy providers available in Maryland that generate electricity from renewable sources. Your support of these providers can help them gain market share and increase the prevalence of renewable energy.

What should I consider when switching energy suppliers?

Switching can seem simple enough. Pick a new company, get a lower rate. In reality, making the switch is a little more complicated than that. The choices available to you are dependent on where you live, so the rates you see in southern Maryland will differ from those your aunt and uncle are getting in western Maryland.

This list of questions from the Maryland Attorney General's office is good to keep in mind. Some key things to consider include:

  • Whether the price is fixed or variable.

  • Whether you're charged by the amount you use or amount of time of use.

  • Length of the contract.

  • Early termination fee or switching fee.

  • Whether the contract renews automatically or if you'll need to renew it yourself.

  • Whether you'll receive a bill from the supplier and the local utility, or one combined bill.

  • Source of electricity generation, for example, coal, nuclear, gas, renewable.

What is a good resource to use when choosing a new supplier?

There are lots of resources out there that will help you shop around for different supplier options. ClearlyEnergy offers a clean, accessible design that's easy to navigate and will simplify the process of finding a new gas and electric supplier.

Why is spring a good time to switch energy suppliers?

Energy rates are typically lowest during the spring and fall. If you can lock in at a low rate now, you'll be able to enjoy it all year long.

Why can you choose your own energy supplier?

Way back in 1999, energy suppliers in Maryland were deregulated. “This meant that while Maryland's five utilities still own the lines that bring electricity into your home, other firms could compete to sell consumers directly power that they produce or purchase from different power plants.” The idea was that deregulation would increase competition, which would drive down prices, which would be good for the consumer.

Can anyone in Maryland choose their own supplier?

5 municipal and 2 rural cooperative systems do not allow customers to choose their own supplier. “These community-owned, non-profit systems purchase energy wholesale and pass the savings on to their customers at cost.” This includes:

  • Berlin Municipal Electric Company

  • The Easton Utilities Commission

  • Hagerstown Municipal Electric Light Plant

  • Thurmont Municipal Light Company

  • Williamsport Municipal Electric Light System

  • AandN Electric Cooperative

  • Somerset Rural Electric Cooperative

How can greeNEWit help?

We recognize that choosing your own energy supplier in Maryland can be a confusing process. We can help you understand your options and make an informed choice that fits your needs. We don't endorse any particular vendor or supplier. Click here to learn more or call us today at 866.966.7630.

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