Alternate electric charges

micky · 2015-04-16T14:48:03+00:00

Alternate electric charges. Are they a good deal? Is this just in Maryland or is it some or all other states, that the electric company has been forced iiuc to buy electricity from other companies and customers can buy from those companies but get billed by Baltimore Gas and Electric, or whatever is the usual local supplier? Anyhow, one of the salesmen for an alternate company Palm Electric or some such name, called just now. This is the second time. I asked him what rate he was charging but he wouldn't tell me until I got my electric bill. Finally, just as the bill was appearing on the screen, he told me my crrurent rate is 8.8c/ kwh and he want s 7.9c. That's a little more than 10% less although only on the kwh part which is less than 2/3 or fhe bil. Still, it would have made the bill $4 less. But the guy was annoying, presumptuous, and I didn't like him, so for that reason alone I said no. Plus I need to ask you guys, etc. Can I count on the alternative supplier being cheaper in the long run? When this choice first came out, the supplier that BGE already had (itself?) and was pushing was actually the cheapest. I presume this goes back and forth, and if everyone signs up with the alternative, their price will go up and the others' prices will go down. I can't keep changing my supplier every 6 months. At least I don't want to.

Apr 16, 2015 22 Replies

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Moe DeLoughan 11 years ago

Thirty minutes total? Do you mean that you never spend additional time checking to see if anyone's offering a better deal?

At any rate, my electrical cost and usage are so low that your $15/month savings would be an approximate 50% discount off my bill. The few per cent savings offered by competitors in deregulated states would only mean a few cents a month savings for me. Like I said, my time is worth more than that.

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Ed Pawlowski 11 years ago

Once a year, takes about a minute to scan the web site with all the rates.

Can't recall the last time my bill was under $100.

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sms 11 years ago

The wholesale rate for electricity is 2-3¢/KWH so there is money to be made in selling it at 7.9¢/KWH but of course as you stated the savings is small because of all the overhead items.

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