Frequently Asked Questions
What does energy deregulation mean?
Today, there are 22 states involved in some form of energy deregulation program. Many other states have deregulation legislation on the docket moving forward. Prior to deregulation, organizations were forced to buy electricity and natural gas from local utilities that monopolized the power industry. Deregulation allows individuals and companies to choose their energy service companies (ESCOs) from a variety of energy supply sources. The competition leads to lower natural gas and electricity rates and increases the level of customer service because energy companies are now competing for your business.
How does the deregulation of energy work for your business?
Your energy service is broken into three distinctive parts.
1. Suppliers – the energy companies responsible for selling you, the
Customer, the energy product.
2. Transportation and Distribution Centers – the companies that are responsible for transporting the energy supply from its source to the receiving station of the utilities.
3. Local Distribution Center – the utility that delivers the electricity by wires and natural gas via pipes to your home or business.
We specifically work with the suppliers to secure the best possible rates.
Is there a risk involved in switching energy companies?
No, your local utility company is responsible for delivering the electricity and natural gas to your business. They maintain the lines and pipes, read your meter, gauge your energy usage, and quickly respond to emergencies and outages no matter what ESCO you decide to use as your energy supplier.
What is Energy Analysis and Economic Modeling?
Power Light & Conservation provides detailed energy analysis and energy modeling as it relates to customer end users. Because every client is unique; we provide custom energy solutions to specifically address our client’s needs.
What is Energy Aggregation?
Aggregation is the process in which consumers join together to buy electricity or natural gas. Groups such as multiple property owners, healthcare facilities, manufacturers and municipalities can aggregate to purchase energy for the entire group. By purchasing energy in large blocks, aggregated groups may possess greater bargaining power than individual consumers. Each consumer can join or “opt in” to the program to take advantage of the discounted aggregated price and terms.
What are the benefits of Energy Aggregation for your business?
There are two major advantages to an energy aggregation program. First, aggregation will produce savings for members over their current regulated utility rate. The size of a group may be a factor in the ability to negotiate an attractive rate and lower prices for its members. Secondly, and more importantly, rates can be locked in up to 3 years on natural gas and 5 years on electricity. This “price protection” advantage is particularly helpful come budget time. PL&C currently has a network of over 20 suppliers we work with to offer you the most competitive rate and term. We work for you, not the suppliers!