Potomac electric power company (Pepco).
About Potomac Electric Power Company
What's the Difference Between Utilities and Suppliers?
In Washington, D.C., the energy market is deregulated. Your energy is made up of two groups — utilities and suppliers. Pepco is a utility, and it’s in charge of making sure the energy your purchase gets to your home or business. The company maintains power lines and outages to ensure everyone receives the energy they pay for. By default, they also provide a variable supply rate for customers that have not switched to a retail supplier.
Suppliers or Energy Supply Companies (ESCOs) provide the power that gets delivered to you. They set their rates based on current market conditions and term length. In a deregulated market, they’re competing for business which drives rates down. Energy rates are changing daily. As a consumer, you can shop and choose the ESCO with the best rate.
If you don’t have a supplier, Pepco will charge you their default price to compare. This rate is a variable rate that changes throughout the year. When you start shopping suppliers, you can use this price to decide if a rate is in line with the market for your usage. Please note that some consumers of electricity in Pepco may not be eligible for Pepco’s default price to compare. If you have a high peak demand, it is likely that you are on real-time pricing with Pepco if you do not switch to a third party supplier. Real-time pricing changes daily and makes it difficult to budget.
Review Pepco’s current price to compare here before shopping.
Pepco Service Area
How Does EnergyPricing.com Help You Save More?
Finding a new supplier can be a challenge when rates are always changing. There are a variety of products available to you as well. This makes it difficult to compare apples to apples. Fixed products come with different options to lock in capacity, transmission and other items that make up your energy supply. It’s important to know what is included and what is not before you sign your next agreement. You can work with a traditional broker or handle the process yourself, but you might feel the comparison is not thorough enough. This can make it hard to feel confident in your next agreement.
EnergyPricing.com offers a better solution. With our reverse energy auctions, you can compare rates in real time, in one location and with the same product type. You’ll easily know which options are the best for your business with our transparent process.
During our auctions, suppliers compete for your business. This drives the price down because they too can see if they are winning or losing your business. At the end of the bidding period, you’ll discuss your options with you new energy advisor here at EnergyPricing.com. Our focus on process transparency and supplier education will help you make an informed decision. You might pick the lowest rate and/or the best contract overall. Either way, you can feel confident in your choice.