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Residents and Commercial businesses located
in Delaware now have the option of entering into
the new Deregulated Electric Market
What we can do for you:
- We provide our service
to you at no cost
- We help you craft the
best contract terms and conditions which will maximize
your savings and give you more flexibility
- We evaluate the available
Retail Electricity Providers, determine which best
suits your individual needs, and negotiate the best
price and contract terms for your business.
- Save time by outsourcing
energy procurement task.
- Quickly transition you
from higher priced standard offer to lowest cost
provider.
Learn
More...
History of Deregulation
in Delaware
Legislation: 3/99:
HB
10, "The Electric Utility Restructuring Act
of 1999," was enacted on March 31, 1999. The
law's provisions include: a phase-in of retail competition
beginning on October 1, 1999 for large customers in
Conectiv's service territory and ending on April 1,
2001 when all consumers in Conectiv's (DP&L) and
Delaware Electric Cooperative's territories; a residential
rate cut of 7.5 percent for Conectiv customers and a
rate freeze for the coop customers; funding for public
benefits programs; and for Conectiv, no provisions for
stranded cost recovery (the cooperative has no public
benefit funding and stranded cost recovery may be determined
by the PSC).
Schedule:
8/99: The PUC issued
final
rules for restructuring in Delaware. Start date
for competition is October 1, 2000 for residential customers,
October 1, 1999 for large customers, and January 15,
2000 for medium-sized customers.
Conectiv (DP&L)
Phase-in of retail access
for consumers in Conectiv's territory is for large industrial
consumers on October 1, 1999; other consumers with over
300 kW demand by February 2000; and small consumers
by August 2000. Conectiv will be the default supplier
during the 4-year transition period.
Delaware Electric Cooperative
Consumers in Delaware Electric
Cooperative territory will have a similar schedule with
a 6-month delay.
Municipals in Delaware may
choose whether or not to allow retail access.
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