Generation / supply price: What you pay. Unlike other states, Pennsylvania keeps cost per kWh easy to understand. Other states muddy the waters by including fees and discounts applied according to usage amounts in the quoted rate. PA companies show you you one steady rate. If you’re looking at a variable plan, this cost will reflect your first month only. If it is a special introductory rate, they’ll tell you how long it lasts.
American Electric Power has named Antonio P. Smyth senior vice president, Transmission Ventures, Strategy & Policy. Smyth previously held the position of vice president, Transmission Ventures. Additionally, AEP has named Daniel E. Groff vice president, AEP Transmission Business Operations & Controls. Groff was promoted from managing director, Transmission Business Operations Programs. Both will continue to report to Lisa M. Barton, executive vice president of AEP Transmission, when changes take effect Oct. 8.
Multi-year electricity contracts are not unusual; this method of structuring customer timelines is. Our guess: It’s a holdover style of billing from FirstEnergy’s involvement with governmental aggregations — municipal groups that get together and buy their energy as a community. Rather than have the option of a long term or short term plan, consumers are forced to take what’s available to them at the time.
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Deregulation seeks to drive down costs and spur innovation by breaking up energy monopolies. In their place, two separate entities take care of 1) generation and 2) distribution. Electric Generation Suppliers (EGS) create electricity and set their own prices for consumers. Electric Distribution Companies (EDC), a.k.a., your local utility company, bring that electricity to your home.
Once you're a customer, you can monitor your usage and billing information using your online account dashboard and the Reliant Weekly Summary Email. Your online account makes it easy to pay your bill, check usage, update personal information or get details about special offers. You can also opt in to features like AutoPay, paperless billing and average billing to help save time and money when paying your bill. You may also be eligible for Degrees of Difference, which gives you a bill credit when you reduce your usage during designated high-demand time periods.
There are a variety of different types of gas and electricity plan that are currently out there for prospective customers to consider. Some plans offer fixed rate deals , these allow you to be sheltered from price rises over an agreed period of time. Other plans allow you to manage your entire account online, making it easier and more efficient for you to handle your energy supply.
Driven in part by local mandates to shift to green-energy sources, the movement has gained momentum across the country, allowing customers to choose their electricity provider, as they can do with telephone service. A growing number of California’s local governments are offering a program similar to the Cape Cod model, as are communities in New York State, Illinois and other parts of Massachusetts.
You’ll also see a flat rate and a price per kWh rate for TDU or TDSP (which stand for Transmission and Distribution Utility or Transportation Distribution Service Provider). These are costs that your utility charges for delivering electricity and maintaining power lines. The costs are unique to your local utility and have nothing to do with your electricity provider.