About Deregulation

January 27, 2011

As presented on PSEG website

Before Deregulation 

Prior to New Jersey’s restructuring, PSE&G was responsible for generating electricity, transmitting the power to all regions of their service territory, distributing the power to the individual homes and businesses, and billing and service issues.  In addition, they were also responsible for all repairs to the electric lines and equipment.

After Deregulation

As a result of the New Jersey Energy Choice Program, the different responsibilities of the utilities were “unbundled” and the power industry was separated into four divisions: generation, transmission, and distribution, and energy services. The generation sector has been deregulated and, as a result, utilities are no longer the sole producers of electricity. The transmission and distribution sectors remain subject to regulation – either by the federal government or the New Jersey Board of Public Utilities.   No matter which electricity supplier you choose, PSE&G will continue to service the transmission and distribution sectors of your electricity.

Competition is allowed between companies to provide power at discounted rates and superb customer service directly to customers. These companies are licensed by the state of New Jersey.  You also have the opportunity to work with an electricity broker or consultant who can compare different offers and provide additional services to help manage your energy spending.

In most cases, PSE&G will continue to send you your utility bill.  So the only thing that changes if you shop for a better rate is that better rate.

Out Perspective

Deregulation has presented a great opportunity for savings in the business sector. If you are a company spending a minimum of $5000 a month on electric and you are not taking advantage of this opportunity, feel free to give us a call and we will present an overview. 856-857-1230

Or, if you would like to know more about deregulation opportunities for your business email george@hbsadvantage.com

HBS has been providing independent deregulated energy management solution to our business clients for over 10 years. We represent all the major deregulated energy providers selling energy in deregulated states.

Visit us on the web www.hutchinsonbusinesssolutions.com

    

One of the easiest ways to save money these days is to switch utility providers. Recent increases in the cost of energy are astonishing and finding a competitive deal is a must. There’s hot competition in the utility markets with many companies competing on price alone, as services are otherwise the same across the board.

Apples to Apples

Current market conditions have opened the door to many new faces selling energy in NJ and PA.  The difficulty is to properly define all the ancillary costs in order to present a true comparison of your current cost and the true savings that will be realized during the term of the contract.

Hutchinson Business Solutions (HBS) is an independent energy broker and has been defining saving opportunities in the deregulated natural gas and electric market for the past 10 years. We represent all the providers selling energy in New Jersey and Pennsylvania.

10% to 50% Savings

Though each account is unique, many of the deregulated providers have what they consider to be their sweet spot (their most competitive market).

Because of our strong personal relationships with the providers we are able to more accurately identify the right provider/s for you.  This enables us to present a specific proposal outlining your current cost and all the deregulated utility opportunities available.

We understand your time restraints.  We have an excellent streamlined procedure that makes the whole process simple and easy.  All we need is a copy of your latest provider invoice with a signed letter of authorization, which allows us to pull the annual usages on your account(s).

All the savings fall to your bottom line

There are no costs associated with our service. We receive a small residual from the provider during the term of your contract.

To qualify, your monthly energy costs should be a minimum of $5,000 for electric and $3,000 a month for natural gas.

To find out more, email george@hbsadvantage.com or call 856-857-1230.

You may also visit us on the web to learn more about savings in the deregulated utility market. www.hutchinsonbusinesssolutions.com

Real-Time Pricing: Now is the Time. From the September 2009 issue of Building Operating Management magazine. The facililities management resource.

Our Perspective:

Below you will find a great article providing the savings opportunity in the deregulated gas and electric market.

It is true we are finding substantial savings for our clients. Energy Prices are the lowest they have been in the last 3 to 4 years. Our clients are saving from 10% upto 25% over what they paid over the last 12 months on gas and electric supply cost.

Based on annual usage, we have seen small clients saving a couple of thousand dollars over the next year, to our larger clients saving from $90,000 upto $300,000 over the next year. 

What would be the potential savings for your company?

All you have to do is ask. There are no fees involved, the savings fall to the bottom line.

Should you like to know more about the utility savings available for your company call 856-857-1230 or send an email to george@hbsadvantage.com

Enjoy the article, click on the link provided below.

via Sagging Energy Rates Creates An Opportunity for Power Purchasers.