Thursday, June 29, 2006

Getting Away From BG&E...

When the BG&E's rates go up, they will be charging $0.1156 per kiloWatt-hour (BG&E is currently charging $0.04053 per kiloWatt-hour)

Maryland Senate Bill 459 does not cut the new rate. It simply defferred it, while charging everyone a financial fee of over $2.00 a month (for the average consumer). The defferral gives the consumer 10 years to pay back the difference.

Here are the rates of other electric company that you can switch to:

  1. Commerce Energy, Inc.
    600 Anton Boulevard
    Suite 2000
    Costa Mesa, CA 92626
    Phone: 1-800-ELECTRIC; Sales
    TollFree: 1-877-226-7439; Customer Service
    Email: contactus@commerceenergy.com
    Website: www.commerceenergy.com

    variable (currently) $0.1010
    fixed for 12 months $0.1040

  2. OHMS Energy Company, LLC
    7001 Golden Ring Road
    Baltimore, MD 21237
    Phone: 410-230-1833 (x106); Sheirmiar White
    TollFree: 800-861-3914 (x101); Residential Aggregation
    Email: support@ohmsenergy.net
    Website: www.ohmsenergy.com

    fixed for six months $0.1026

  3. Pepco Energy Services, Inc., also d.b.a. Conectiv Energy Services
    1300 North 17th Street
    Suite 1600
    Arlington, VA 22209
    Phone: 703-253-1800
    Website: www.pepcoenergy.com

    current rate: $0.1030

  4. Washington Gas Energy Services, Inc.
    One Texas Station
    Suite 230
    Timonium, MD 21093
    Phone: 410-628-9437
    TollFree: 888-884-9437
    Website: www.wges.com

    current rate: $0.1040

  5. Energy Services Management, LLC d/b/a Maryland Energy Consortium
    7111 Park Heights Ave Unit 902
    Baltimore, MD 21215
    Phone: 410-585-1213

    Email: elecdereg@comcast.net
    Website: www.saveonmdenergy.com

    They didn't post their rates but promised a 10% savings.

Please remember that your electricity cost is composed of two parts: the first is for the energy and the second is for the cost of distribution (maintaining the electical lines to your house) and taxes. The rate hike only effect the first part.

For instance, last month, I used 1189 kiloWatt-hours of electricity.

The first part of my bill is 1189 kWh x $0.04053000 = $48.19
The second part of my bill is (1189 kWh x $0.02634000) + $10.91 (for taxes, etc.) = $42.23
Total = $90.42


If the new rate had taken effect, it would have been:

The first part of my bill is 1189 kWh x $0.1156 = $137.45
The second part of my bill is (1189 kWh x $0.02634000) + $10.91 (for taxes, etc.) = $42.23
Total = $179.68


If I had switched to PEPCo, it would have been:

The first part of my bill is 1189 kWh x $0.1030 = $122.467
The second part of my bill is (1189 kWh x $0.02634000) + $10.91 (for taxes, etc.) = $42.23
Total = $164.70

A difference of $15 for that month, not to mention the $2.00 a month financial fee (I don't know if we'd have to pay the fee even if we switch energy provider.).

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