Connecticut residents have been able to shop for a competitive electricity supplier since the state deregulated its market, but after several years of dramatic Standard Service rate swings, knowing your utility and how the default rate works has never mattered more. Connecticut has just two electric utilities, which makes the landscape simpler than larger states…
New Jersey lets residents and businesses shop for a competitive electricity supplier under a program called Energy Choice, but the offers you’ll see and the default price you’re compared against depend entirely on which utility serves your address. The state has four electric utilities, and knowing yours is the first step to finding a plan…
If you live in Maryland and want to shop for a competitive electricity supplier, the single most important thing to know is which utility delivers power to your home. Maryland deregulated its electricity market in the early 2000s, which means you can choose your supplier (the company that generates or buys the electricity you use)…
Ohio deregulated its retail electricity market in 1999, but choosing a competitive electricity supplier requires knowing which utility delivers power to your address. Ohio has three major electric utility groups — AEP Ohio, Duke Energy Ohio, and FirstEnergy (which includes several subsidiary utilities) — each serving distinct geographic areas. This guide explains each territory, which…
Managing electricity for rental properties is a different challenge than managing it for your own home. Whether you’re a single-family landlord covering utilities in a small rental or a multifamily owner managing electricity for dozens of units, the deregulated electricity market offers options that most landlords overlook. This guide covers the best electricity plan strategies…
Switching electricity suppliers can save you hundreds of dollars a year — but if you’re locked into a fixed-term contract, leaving early can cost you nearly as much as you’d save. Early termination fees (ETFs) are one of the most overlooked factors when choosing an electricity supplier, and they catch thousands of consumers off guard…
Illinois is one of the most active deregulated electricity markets in the Midwest, but your options depend on which of the state’s two major electric utilities serves your area. Commonwealth Edison (ComEd) serves northern Illinois including Chicago, while Ameren Illinois covers the central and southern parts of the state. This guide explains how electricity deregulation…
Choosing an electricity supplier in New York depends heavily on which utility delivers power to your home. New York has four major investor-owned electric utilities — Con Edison, NYSEG, National Grid, and RG&E — and each operates in a distinct geographic territory. Once you know your delivery utility, you can shop among competitive electricity suppliers…
Pennsylvania is one of the most active deregulated electricity markets in the United States, with over 130 licensed electric generation suppliers offering plans to residential and business customers. But which suppliers are available to you, what rates you can expect, and how competitive the market is depends entirely on which utility distributes electricity to your…
One of the most consequential decisions you’ll make as an electricity consumer in a deregulated state isn’t which supplier to choose — it’s whether to lock in a fixed rate or ride a variable rate. Get this right during a rising-rate environment and you could save hundreds of dollars. Get it wrong and you pay…