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Energy Choice Blog
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BGE Electricity Supply Rates Will Increase 8.3% Starting October 1st
Back in May, regional utility Baltimore Gas and Electric has filed an application with the Maryland Public Service Commission to bump up its rates and bring in an additional $133 million. Those electricity rate increase will start effecting Maryland residents beginning October 1st. Under the new plan, BGE electricity supply rates will increase from 6.558 cents/kWh to 7.146 cents/kWh. This would add roughly $6 to the average Maryland resident's supply charge each month.
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Why Connecticut has the highest electricity rates in the lower 48
Connecticut consistently has some of the highest electricity rates in the country. We dive into why and how CT residents can save money.
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Texas Heat Forces Electric Grid Operators to Declare Emergency as Prices Soar
As temperatures in Texas climbed above 103 degrees Fahrenheit, the Electric Reliability Council of Texas issued an emergency alert, asking all power plants to generate as much electricity as possible and for Texas residents to conserve.
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NRG Energy Completes $300 Million Purchase of Stream Energy
Houston-based utility NRG Energy has completed its $300 million all-cash acquisition of Stream Energy’s retail electricity and natural gas businesses.
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NYSEG Seeks Huge Electricity Rate Increase
The New York State Electric & Gas Corporation (NYSEG) is seeking a 23.7% increase in electricity rates from the New York State Public Service Commission (PSC).
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Tesla’s “Virtual Power Plant” Reaches Phase 3 and has Reduced Electricity Rates by 20% in Australia
Tesla is building a "virtual power plant" composed of 50,000 homes with solar panels in South Australia. The project is the biggest of its kind and it would dwarf any other stationary energy storage deployment if and when it is completed.
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Consumers in deregulated electricity markets saved $300B over the past decade, report says
Electricity consumers paid over $331 billion more for power in regulated states over the past decade than if percentage price change trends in those states had been the same as those in deregulated states.
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New Data Shows Massachusetts Consumers Are Seeing the Benefits of the State’s Retail Electric Supply Industry
Retail Electric Suppliers Could Have Saved Customers Millions in the First Half of 2019
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New York Residents Are Prepared to Fight Con Edison’s Proposed Rate Increase
New Yorkers are voicing their frustrations about a proposed electricity and gas rate increase by Con Edison. The utility, who serves 1.1 million residents and businesses in New York, wants to add $485 million in electricity and $210 million in natural gas revenue in 2020.
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Do you know what you are paying for? A breakdown of your electricity bill
For most of us, an electricity bill comes from our utility each month and we pay the balance without thinking twice about it. But, if you think you are just paying for the electricity you used that month - think again.
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