Before Maine deregulated its electricity market, a few utilities across the state held a monopoly over supply and distribution of electricity. Because there was no competition among utilities, the companies faced no pressure to offer the best prices to customers. That began to change in 2001, when the state’s utility commission opened its electric market to deregulated energy suppliers.
Now, more than 60 percent of Maine’s population lives in deregulated areas, giving homeowners and business owners (small or commercial) the option of purchasing a deregulated electric plan. For those living in deregulated cities, switching to a Choose Energy electricity partner could save you money on your monthly energy rate. To find out if you live in a deregulated electricity area, type in your ZIP code above.
If you own a small or commercial business in Maine, Choose Energy can help you find a plan that fits your company’s needs.