|
|
|
|
Report: Maryland Residential Choice Customers Paid "At Least" $137 Million More Than SOS Rates From 2013-15
Maryland residential electric customers on competitive supply paid "at least" $137 million more than SOS rates from 2013 to 2015, Laurel Peltier, a Baltimore City Resident and reporter for the publication Baltimore Fishbowl, said in public comments filed with the Maryland PSC
Peltier's comments were filed in PC 47, which is examining the potential for an opt-in affinity program in the state (see story here).
Peltier cited Energy Information Administration Form 861 data, comparing average residential rates for suppliers statewide versus an average BGE SOS rate. Peltier said this resulted in a conservative estimate as the BGE SOS rate is the, "highest in [the] state."
Peltier said the EIA data indicated that customers on competitive supply collectively overpaid $12.6 million in 2013, $61.1 million in 2014, and $63.8 million in 2015
Peltier said that, on average, supplier rates were 1.1¢/kWh above the BGE average SOS rate of 9.2¢/kWh in 2015.
See Peltier's calculations here
Peltier also summarized the data in a report in the Baltimore Fishbowl
Among other things, Peltier recommended that the PSC, "[a]nalyze 2,000 Maryland actual accounts to determine how many retail customers are paying variable rates."
ADVERTISEMENT Copyright 2010-16 Energy Choice Matters. If you wish to share this story, please
email or post the website link; unauthorized copying, retransmission, or republication
prohibited.
January 23, 2017
Email This Story
Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Marketing Associate -- Retail Supplier -- Houston
• NEW! -- Directors: Telemarketing or Broker Channel Management - Retail Electric Supplier -- Houston
• NEW! -- Analysts, Sales and Marketing - Retail Electric Supplier -- Houston
• NEW! -- Market Director -- Retail Energy
• NEW! -- Energy Business Development Professional
• NEW! -- Managers, Sales and Marketing - Retail Electric Supplier -- Houston
• NEW! -- Director, Wholesale & Retail Electricity Operations
• NEW! -- Director, Finance & Operations
• NEW! -- Sales Support Specialist -- -- Retail Supplier
• NEW! -- Sales Associate -- Retail Energy
• NEW! -- Energy Sales Rep
• NEW! -- Channel Sales Manager -- Retail Supplier
• NEW! -- Sales/Pricing Support Coordinator
• NEW! -- Marketing Coordinator
• NEW! -- Channel Partner Manager -- Retail Supplier
• NEW! -- Retail Energy Sales
|
|
|