Maryland’s deregulated energy market allows customers to select an alternative provider and receive your energy directly to your home or workplace. This has eliminated the monopolies and has allowed for more competitive rates and quality service.
You want to make sure you’re getting the most competitive price and the appropriate amount of green energy for your Maryland home or business when you select your Maryland energy supplier. That’s why we recommend you examine energy plans from several Maryland electricity providers to find the one that is right for you.
We’ll help you understand the various aspects that affect your electric bill and help you choose the best plan for you. It’s important to be aware of the local regulations that can influence how much electricity you pay.
There are four major utilities that provide supply of electricity in Maryland each with their own distribution and network system. These include Baltimore Gas & Electric which serves the southern part of Maryland; Delmarva Power which provides electric service along the Eastern Shore of Virginia; Potomac Edison Company which provides service to western Pennsylvania, Delaware, and Maryland; and Southern Maryland Electric Cooperative, that provides electricity to its customers throughout Calvert, Charles, and St. Mary’s Counties of Southern Maryland.
These utilities offer a range of incentives and programs to assist customers in reducing their energy usage. These include rebates on lighting, HVAC, and appliances; combined heat-power; and other efficiency services that can be used for both businesses and homes.
Most importantly, these utilities offer energy saving programs to low-income families that can help cut the cost of energy without having to take a penny out of the pocket. Some of these savings could even be paid for by utilities!
A continuous flow of electricity can be generated by solar panels that are placed on your roof or in the ground. They work by converting sunlight into energy and storing it in batteries, or turning it into usable electricity upon demand. If your solar panels generate more energy than you require the excess energy can be credited to your monthly bill.
This could lead to substantial savings on your monthly electricity bill! Be aware that solar panels may not be able to produce enough electricity to meet your all your household’s power requirements.
If you’re considering installing solar panels on your property, you must to ensure that you’re in compliance with all laws and regulations applicable to your region. There are restrictions in many states on the size and types of systems that can be put in place.
Also, be aware of the net-metering rule that applies to all Pepco customers with a solar panel system. As of the year 2016, Pepco’s net metering policy limits the number of solar panels at 1,500 MW, which is 10 percent of the peak demand for the state in 2014.
It’s also worth mentioning that the majority of alternative MD electric suppliers offer a wide range of renewable energy plans, which can help you reduce your carbon footprint while making smart choices for your home and the planet. Certain plans offer fixed-term pricing, so you can save money for the years to come.pepco maryland