The deregulated energy market in Maryland was established to save consumers money on their monthly energy bills. Before deregulated energy legislation passed, state utilities held a monopoly over the energy market. Deregulation opened Maryland to retail energy suppliers that offer competitive rates and incentives to Frederick energy customers.
Switching to a deregulated energy plan offers Frederick energy customers stability and, in many cases, savings. By visiting the Choose Energy Marketplace, customers can compare energy rates and plan types to find a plan and supplier that fits their budget and lifestyle. From fixed-rate three-year contracts to variable-rate contract-free options, customers have plenty of options to choose from.
The deregulated energy system separates power supply and power delivery. Retail suppliers supply energy to the utility, and the utility delivers the power to customers. So, no matter which deregulated supplier you choose, your local utility will still deliver the power to your home or business.
The separation of these two processes are reflected on your monthly energy bill:
Supplier Charge: usage, deregulated rate, etc.
Utility Charge: power delivery, maintenance, etc.
Choose Energy makes switching to a deregulated supplier easy! First, visit the Choose Energy Marketplace to compare rates from various retail suppliers in Maryland. Once you’ve picked and signed up for a new plan, you’re done! Your new supplier will contact your local utility to set up service without any interruptions to your power. If you do experience an outage or other emergency, contact your local utility.