It's that time of year for Maryland commercial electricity accounts, the quarterly rate change. That's right, if you have a commercial account that is a type ll account, and you are on the SOS (Standard Offer Service) for your supply, your rates change with the seasons. Summer, Fall, Winter, and Spring. December 1st kicked off the winter pricing quarter with a jump in electricity supply rates, with varying impact depending on utility market. The total effect of the rate change is simple to calculate, but knowing how many units of demand you use is needed to make the calculation relevant to your energy usage profile.
Type l accounts also had new supply rates updated, but those rates won't take effect until June 1st 2016. Still, if your rate isn't locked, the adjustable rate nature of depending on your utility for electricity supply could leave you susceptible to unwanted price spikes.
Even if we don't have you under contract for your electricity and gas supply, we would gladly answer any questions you might have regarding cheaper electric and gas supply rates, shopping strategies for energy, and potential incentives you might be able to take advantage of to make your business run more energy efficiently.
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