Choosing an Energy Supplier That’s Right For Your Business

The Energy Choice Programs were designed to help residential and commercial consumers find the best rates for their energy needs by choosing their own energy provider (supplier). At All In Power we help business owners of medium to large scale businesses with their commercial energy needs.

The energy sources that are used to generate electricity and that are available for sale in the marketplace with a specific price are known as commercial energy sources. The most commercialized forms of commercial energy sources are electricity, coal, natural gas and advanced petroleum products. The price for commercial energy is determined by many factors like supply and demand, fuel prices, and government regulations.

In many states electricity deregulation began in the late 1990s. Energy deregulation is the restructuring of the existing energy market and seeks to prevent energy monopolies by increasing competition. This growing movement allows energy users to choose from multiple energy providers (suppliers) based on rates that suit their needs and specialized product offerings. However, many consumers in deregulated states have never switched or considered switching energy providers (suppliers) and are actually overpaying for their energy service.

There are two different portions to a customers’ energy bill. The ‘delivery cost,’ which is how the utility profits and pays their workers and the ‘supply cost,’ which is the part that is deregulated. This part of the bill is the generation and transmission cost or simply, where the power actually comes from. The utility company does not profit off this part of a customers’ bill, so they have no incentive or care to shop for better pricing.

Without an energy supplier the customer will pay variable rates to the utility that change often and are usually very high. The utility buys the power from the open market at specific times and whatever they pay is what the customer pays. Since suppliers aren’t restricted to the same rules and can go to the open market whenever they want and purchase the power in bulk, this allows them to set the price of the energy and guarantee it for a specific amount of time.

Nothing changes with the customers’ service or billing. The utility company owns the poles and wires that deliver the electricity. They will still continue to bill the customer and handle the customer service issues, power outages, etc. The only difference the customer sees when choosing a supplier is the companies name will be printed on their bill and the set price for their energy usage.

The good news is that deregulation is state approved and is something that was voted on in various states. Deregulated energy markets are available in all or part of the following states:

We work to connect you with the right supplier for your business that offers the best price and service.