Residential Electricity Prices are Rising across the United States

Residential electricity prices are rising across the United States. In some areas, like New England, rates may rise as much as 37% over last winter’s, solely because the price of buying electricity from power plants has increased dramatically to the highest level in decades, according to a National Grid spokesperson.

Another reason for these increases are because utility companies have been spending more on the transmission infrastructure necessary for delivering electricity to customers.

In light of these rising prices, several States have restructured the industry so that residential customers have the option of choosing an alternative retail electricity supplier for the generation (energy) component of their electricity bill.

This is the case in New York, and yes East Coast Power & Gas can help you lower your bills this holiday season.  Contact us at 800-545-9155 for a free consultation and quote.

References:

Residential Electricity Prices are Rising
Electric Bills Heading Up this Winter

PSEG Long Island and LIPA are in the Process of Raising Power Supply Charges

12-10-14 ECPG PostOver the past few months, Public Services Enterprise Group (PSEG) and the Long Island Power Authority (LIPA), have been steadily raising their power supply charges for customers in Long Island.

Reports have indicated that these increases have been as high as 27 percent.

These companies have attributed the increases to rising operating costs and projected fuel prices for this winter.

For some customers these increases may add more than $10 per month to their utility bills.

Don’t settle for these huge increases, East Coast Power & Gas can help you lower your bills this holiday season.  Contact us at 800-545-9155 for a free consultation and quote.

Reference: News 12 Long Island: PSEG Long Island to raise power supply charge by 14 percent