MAYS LANDING — Electricity supply rates will decrease for Atlantic City Electric customers this summer because of lower-priced contracts taking effect June 1.
Residential customers using an average of 1000 kilowatt hours of electricity a month will see their bills decrease by about 4.5 percent, from $188.62 to $182.80, resulting in a monthly savings of $5.80.
The rate decreases are a result of lower commodity fuel prices, which were obtained through a competitive bid process to supply electricity to Atlantic City Electric’s Basic Generation Service customers. Supply refers to the generation of electricity.
Continue reading Atlantic City Electric announces rate decreases for its customers
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.