The deregulation of energy in Maine has exposed the electricity industry to open competition. The power to choose is now a reality for consumers.
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(PRWEB) July 01, 2013
The Wind Team, a group of independent energy service company (ESCO) representatives, is pleased to announce its expansion into Maine effective July 1, 2013, offering consumers a new option for potential monthly savings on energy costs.
The Wind Team’s announcement comes on the heels of a J.D. Power study released June 26 regarding retail electric provider satisfaction. The findings of the J.D. Power 2013 Retail Electric Provider Satisfaction Study show that in the past year 41 percent of residential customers have either switched providers, renewed with their current retail provider, or signed up for retail service for the first time, with a majority citing price competition as a primary reason for taking action. Retail customers surveyed for this study are more satisfied with price than are customers of local electric utilities, when compared with the J.D. Power 2013 Electric Utility Residential Customer Satisfaction Study.
“The Wind Team offers a new choice for consumers and businesses who want to join the movement of people making energy decisions that are better for the pocket and environment,” says John Nelson, leader of The Wind Team. “The deregulation of energy in Maine has exposed the electricity industry to open competition. The power to choose is now a reality for consumers.”
What is Energy Deregulation?
Simply put, deregulation lets consumers choose where their electricity comes from. Deregulation gives the customer the ability to tell their utility company that they want their power from a specific supplier at a specific available rate. For electric service (where the electricity comes from), the consumer can choose. For distribution (how the electricity gets to homes), the consumer cannot choose. Regardless of what service provide a consumer chooses, the local utility company still delivers the electricity to homes, maintains the poles and wires, and manages billing.
Background of Deregulation in Maine
In 2000, state law restructured the electric utility industry in Maine. No longer could CMP, Bangor Hydro or any other utility both supply and deliver electricity. The goal was to create a competitive market for power; and with that competition, the hope was that less expensive electricity would follow. Maine’s electric utilities, Central Maine Power and Bangor Hydro, decided to deliver, rather than supply, power. This opened the door for groups like The Wind Team to supply the energy to the consumer.
A list of all licensed retail electricity suppliers can be found on the Maine Public Utility Commission website: http://www.maine.gov/tools/whatsnew/attach.php?id=66311&an=1
“For most Mainers, the transition to an alternative supplier is seamless. Their electric bills break down the cost of supply and delivery. Little else changes. Large businesses have known about this option for years,” says Mr. Nelson of The Wind Team. “Rather than accept the ‘standard’ offer for electricity — an available-to-everyone electricity rate accepted by the Maine PUC— they go with a lower rate quoted directly to them by a provider. Think retail versus wholesale. Now residential and small-business customers can do it, too.”
About The Wind Team
The Wind Team is a group of independent energy service company (ESCO) representatives. As energy deregulation continues to rise across the country, The Wind Team is quickly becoming one of the largest energy providers in the U.S. The Wind Team provides a unique opportunity for consumers. Not only can a homeowner realize potential savings while receiving energy that exceeds “green” standards, but every customer is automatically qualified to get paid for referrals. For more information visit http://www.americanwind1.com or call Karin Gookin at 970-986-9535.
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