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Viridian Publishes New Fixed Rates
October 3, 2011
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Viridian Energy has published prices for its new fixed rate electric products, which were first reported in Matters (9/22).
Initially, fixed rates are available in 13 of Viridian's 19 service areas.
With two exceptions (each in Maryland), all fixed rates are for 12 months.
Each fixed product includes an early termination fee of at least $50. In New Jersey, the early termination fee is the greater of $50, "or the cost of the estimated amount of electricity that you would have consumed during the remainder of the then-current term."
Markets where fixed rates are not yet available include Niagara Mohawk, NYSEG, Rochester Gas & Electric, Central Hudson Gas & Electric, Orange & Rockland, and Duke Energy Ohio.
Residential fixed pricing from Viridian is below. All rates are for 12 months unless otherwise noted. The percentage indicates the renewable content of each product.
Viridian Residential 12-Month Fixed Prices (cents per kWh)
Connecticut
Connecticut Light & Power
20%: 8.99
100%: 10.49
United Illuminating
20%: 9.99
100%: 11.49
Illinois
Commonwealth Edison
20%: 7.32
100%: 8.82
Maryland
Baltimore Gas & Electric
20% (6 Months): 8.85
20%: 9.96
100%: 11.46
Pepco
20%: (6 Months): 8.60
20%: 9.88
100%: 11.38
New Jersey
Atlantic City Electric
20%: 11.49
100%: 12.99
Jersey Central Power & Light
20%: 11.49
100%: 12.99
PSE&G
20%: 11.49
100%: 12.99
Rockland Electric
20%: 11.49
100%: 12.99
New York
Consolidated Edison-NYC
20%: 10.96
100%: 12.96
Consolidated Edison-Westchester
20%: 8.99
100%: 10.99
Pennsylvania
Duquesne Light
20%: 8.09
100%: 9.59
PECO
20%: 10.79
100%: 12.29
PPL
20%: 9.35
100%: 10.85
Viridian continues to offer variable rates to residential customers as well.
Fixed rates are not yet available for small commercial customers.
Viridian serves more than 175,000 customers.
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