Q: What is energy deregulation? A: Deregulation of the energy industry, or Energy Choice, separates the supply portion (the actual energy you consume), from the delivery function (the infrastructure that gets that energy to your business). Under deregulation, you must remain with your local utility for the delivery function (they manage the pipes and wires and respond to emergencies and outages), but you can shop for your energy commodity through various suppliers. Because it’s a competitive environment, you can choose a product structure that fits your needs at a price with which you feel comfortable. Synergy can help you shop for the best opportunity, as well as deal with your ...view middle of the document...
Your utility is not required to share that document, so if you choose an alternate supplier you must file a separate certificate with your supplier. Synergy will forward that document to your new supplier. Q: What more do I need to know about the energy markets in order to make an informed decision? A: Price is only one element of the equation when considering an alternate supplier. Synergy can help you evaluate your historical billing history, current usage patterns, and any future expansion plans in developing a strategy that fits your needs and maximizes your money-saving opportunities.
Average Energy Use by Type of Business Natural Gas (Therms/sq ft/yr) Electric (kWh/sq ft/yr)
*Office space = 1,000 sq. ft., uses 520 therms for space heating and 377 therms for hot water
Natural Gas Products
Indexed to Market
This pricing plan rises and falls in response to wholesale prices, reflecting seasonality and other market forces.
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Receive a variable monthly rate that reflects true market conditions – don’t pay artificially high or low rates Customize the length of your contract Shop competitive rates and choose a financially-sound supplier
Index Pricing with Conversion, or Trigger Rights
This plan mirrors the rise and fall of the wholesale gas market, but still allows businesses the option of fixing a price when market conditions allow.
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Receive a variable monthly rate that reflects true market conditions – don’t pay artificially high or low rates Customize the length of your contract Shop competitive rates and choose a financially-sound supplier Lock-in your price at any time to take advantage of market conditions
Fixed Price with Full Plant Supply
This plan fixes your price for the commodity, creating predictability, peace of mind and greater budget control.
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Eliminate market volatility Predictable and stable pricing Greater budgeting accuracy based on prior usage Contract durations to fit your needs