Deregulated energy legislation is designed to save energy customers money by separating energy suppliers and deliverers. Prior to deregulation, Maryland utility companies had a monopoly on the energy market. After deregulation in 1999, utilities were tasked with delivering energy and retail energy suppliers could offer competitive pricing. Today, retail energy suppliers offer customers competitive rates and incentives to drive prices down while providing top-of-the-line products and services.
Another benefit of choosing a deregulated energy plan is predictability in your energy rate. Most Maryland suppliers offer fixed-rate or prepaid plans that will help you keep track of your energy consumption. Suppliers also have green energy plans for environmentally conscious customers, allowing a higher level of choice and customization than the local utility. No matter which company you choose as your supplier, Potomac Edison will still oversee the reliable and safe delivery of energy to your home or business.