| Residents
and Commercial businesses located in Ohio now
have the option of entering into the 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 Ohio
1/03: The Ohio Consumers’ Counsel
published its 2002
End-of-Year Update On Ohio’s Electric Market that
reviewed the past two years of competition in Ohio. According
to the report, “813,000 residential consumers statewide
– or about 20 percent of those who are eligible to participate
in electric choice-actually switched electric suppliers.”
Most of those customers participated in community aggregation
groups. Cleveland Electric Illuminating had the highest
percentage of customers switch to an alternative supplier.
4/02: The Public Utilities Commission of Ohio (PUCO)
released The
Ohio Retail Electric Choice Programs Report of Market
Activity for the Year 2001 to the Ohio General Assembly.
The report summarizes "the market activity during
the first year of Ohio's retail electric choice program."
According to the report, the Cleveland Electric Illuminating
Company had 50 percent of its customers switch to alternative
suppliers. 15 percent of Ohio Edison's customers switched,
and over 4 percent of Toledo Edison's customers chose
another electric supplier. While Cincinnati Gas and Electric,
Columbus Southern Power, Dayton Power and Light had less
than 1 percent of its customers switch. No Monongahela
Power or Ohio Power customers switched during 2001.
1/02: The Ohio Consumers' Counsel
released the first report
card for Ohio's electric choice program. Overall,
the OCC said electric customers were "better off
than they were before electric choice." About 15
percent of eligible customers switched electric suppliers
in 2001, mainly former customers of the three FirstEnergy
companies. In Northern Ohio, 158 communities aggregated
their load and chose an alternative supplier. The counsel
recommended that the state work out a plan to attract
more alternative suppliers in less competitive areas
of the state; issue competitive bidding rules at the
end of the transition period; develop more conservation
and energy efficiency programs and policies; and implement
a regional transmission organization. On the federal
level, the counsel recommended monitoring mechanisms
to curb market power and guaranteeing adequate wholesale
power reserves.
1/01: Retail direct access to competitive
electricity suppliers began on January 1, 2001, in the
State. The first month saw about 97,622 customers in
First Energy territories switch suppliers. Standard
Offer Rates range from 3.6 to 4.9 cents/kWh in the three
FirstEnergy subsidiary territories of Toledo Edison,
Ohio Edison, and Cleveland Illuminating.
6/99: The restructuring legislation
will allow retail customers to choose their energy suppliers
beginning January 1, 2001.
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