History of energy deregulation in Washington, D.C.
On Jan. 1, 2001, the Public Service Commission of the District of Columbia restructured the state’s energy service into a deregulated electricity market. Prior to electric deregulation, DC’s energy was supplied and deliver by one company. By deregulating DC’s electric system, the Commission gave DC energy consumers a choice as to who provided their energy and how much they wanted to spend per month.
Who can buy deregulated electric plans in D.C.?
DC customers who own homes or businesses within the PEPCO utility territory can explore deregulated energy.
Who provides the electricity?
In DC’s deregulated electric system, no matter which electric supplier a customer chooses, the PEPCO utility company is in charge of safe and reliable electricity delivery to your home or business. Your plan supplier will communicate with PEPCO so that there is never any interruption to your power.
If you have any power outages or emergencies, contact PEPCO – not your electric supplier!
What types of plans and products are offered in DC?
- Fixed-rate plans: A fixed-rate electricity plan offers D.C. customers the most stability and predictability on their monthly energy bill, though bills will always vary based on usage in a particular month. No matter how the SOS default rate fluctuates, customers with a fixed-rate energy plan will pay the same rate for their electricity every month of the plan’s contract.
- Variable-rate plans: Variable-rate energy plans offer customers in DC more flexibility because they don’t often require any long-term commitment. Customers who choose a variable-rate plan will often pay a different rate every month of the contract; however, this changing rate still may be lower than the SOS rate, variable-rate plans do not usually include early cancellation fees.
- Green/renewable energy plans: Green energy plans are offered by many electric suppliers and can come as both fixed-rate plans and variable-rate plans. Green energy plans include a percentage of their electricity sourced from renewable resources. This percentage can range from 5 percent to 100 percent, giving customers in the district plenty of incentive to minimize their carbon footprint.
- Home services: Both of D.C.’s energy suppliers offer additional services besides electric supply. These useful home services include HVAC installation, smart thermostats, window replacements and more – all with the goal of saving customers’ energy and money.
- Renewable energy certificates (RECs): Electric customers who want to further help the environment and support renewable energy usage can purchase RECs that help offset the customers carbon emissions. RECs can often be purchased by both homeowners and business owners, so reach out to your electric supplier if you’re interested.
Will a new energy plan result in lower bills? Maybe, maybe not. Remember, energy usage also plays a factor in your bill. If it skyrockets, even a lower supply rate won’t result in paying less for energy.
Washington D.C. Electricity Rates and Suppliers Electricity deregulation lets you see an apples-to-apples comparison of energy options in the nation’s capital city. By comparing different plans from several suppliers, Choose…