Bangor Electric Rates.
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Bangor, Maine Electric Companies
Bangor is in Penobscot County, Maine with just over 33,000 residents that rely on electric to power their homes and businesses. Regardless of if you’re a business owner or have a home, you can benefit from comparing suppliers and enrolling with a third party supplier. At EnergyPricing.com, we’ll help you find the best agreement for your usage.
Understanding Maine Energy in Bangor
Maine is a deregulated energy state. A deregulated market prevents monopolies and drives competition between suppliers who now can offer their services. Deregulation keeps energy prices low and gives consumers the option to shop and choose their electric rate.
Your utility is based on where you live and cannot be changed. In Bangor, Versant Power (formerly Emera Maine) is the utility company that services your home or business. They distribute the energy across the power lines. If you have an outage or power line issue, they are able to help get you back up and running.
When you shop for a new supplier there are a couple things to know first. You should think about your current contract and if the terms and conditions worked best for your home or business. Additionally, you’ll want to know when your current contract ends so you can avoid early termination fees.
Easily Compare Energy Companies in Bangor
Residential and small business consumers, can benefit from a quick comparison tool showing rates in Bangor. Shop current rates in Bangor easily and review multiple supplier offers.
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What Options Do You Have For Electric Supply?
With your new contract, you can choose your product type. This can seem overwhelming at times because there are so many products available on the market and each supplier has different conditions.
For residential clients, a fixed rate option is likely the best solution. There are a lot of unknowns with variable offers and we find that residential clients prioritize budget certainty over the risk of the market.
Commercial clients often benefit from fixed or a block and index solution. In the commercial side, there is the option to lock in or pass-through the components that make up your supply charges. We can help you determine the best solution for your business with a quick call.
We knew there had to be a better way to shop for energy. Let us take the guess work out of your process with a defined, tailored approach. You can talk to one of our energy advisors at 800-225-3813.
Reduce Your Average Electric Spend in Bangor, ME With An Auction
At EnergyPricing.com, we utilize reverse energy auctions for our commercial clients. When you sign up for a reverse energy auction, our team gets to work analyzing your usage and developing a plan to include the appropriate suppliers to bid on your energy. On the day of the auction, you’ll be able to watch in real time as supplier bid lower and lower rates on your energy.
When the auction closes, your energy expert will be there to review your options and results. Their goal is to educate you on your contract choices so you can make the most informed decision for energy strategy.
Our reverse auctions are ideal for large commercial and industrial operations that consume high amounts of energy. Reducing your rate can make a significant difference in your expenses.