American Power Partners
Multiple Electric Options through American Power Partners
American Power Partners (APP) was formed in 2011 out of a company that had been serving discount electricity in New York State for eight years.
For Homes
APP offers two main programs: Guaranteed Savings and Green Current.
- The Guaranteed Savings Program, as the name suggests, is guaranteed to save you money relative to your default electricity company. There’s actually no long-term contract; you pay from month to month and you can cancel, for free, whenever you want. Prices will vary along with the market.
- The Green Current Program is a fixed-rate program—at least, until June of 2012. Up to that point, you pay a constant rate for electricity and receive assurance that your power is coming from renewable sources. There is still no cancellation fee for this option.
For Businesses
APP puts businesses into two different basic classes. If you own a business and your electric bills are higher than $20,000 a month, you simply contact the company directly to negotiate a contract. Your business is valuable enough to them that they are willing to talk directly about your needs and specific usage patterns.
If you pay under $20,000 a month, the rates are a little more fixed. They’re still guaranteed to be lower than the rates you currently pay to your local utility. These contracts, also, do not come with cancellation fees.
Behind the Scenes
American Power Partners is itself partnered with SmartGrid, a company that optimizes large transaction in the energy market. SmartGrid has, for example, a program that pays certain electricity consumers to reduce their usage during times of possible shortage.
The company is licensed by the Maryland Public Service Comission and meets marketing certification required by the Federal Energy Regulatory Commission.
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