DC Residential Power Competition Lacking

In a recent review of shopping statistics published by both the DC and Maryland Public Service Commission (The term shopping simply means the end user has chosen a third party supplier for their electricity or natural gas supply) regarding electricity supply, Maryland residential rate payers had “shopped” at a rate of nearly 20%. In DC the shopping number was less than 3%. You might think that the DC residents don’t have a lower supply cost alternative, you would be wrong. Currently DC Pepco customers who look for competitive electricity through companies like Electric Advisors could lower their current supply rate by over 20%. Yes, I said 20%.  Pepco DC published schedule R (residential rate for supply and transmission) is 9.141 cents per kwh.  Electric Advisors rate at publication including supply and transmission is 7.4 cents per kwh. In the next post I will talk about why I think DC rate payers are not running to sign up for electricity supply at a lower cost than Pepco DC is offering. Meanwhile if you have a friend or family member in Washington, DC and they happen to pay an electric bill, tell them to call me. I look forward to putting money in their pocket, and not in Pepco’s!