Years ago, AT&T ruled the U.S. telecommunications industry. However, once deregulation was introduced, it opened the field to competition and allowed customers to shop for alternative carriers.

The same rings true for the energy marketplace, which saw deregulation gain momentum in the late 1990’s, giving customers a choice of energy suppliers, products and prices in their utility jurisdictions. There are approximately 20 states today with deregulated natural gas and approximately 15 with deregulated electricity.

Natural gas market

In the past 20 years, the majority of new electric generating plants have been designed to run on natural gas. When the pipelines were deregulated and the fuel was labeled “clean”, federal, state and local governments pushed for natural gas’s usage and consumers responded by using more gas every year since.

Natural gas has a relatively non-polluting production cycle and poses very little risk when it’s transported in pipelines. There also aren’t the emissions you have with shipping fuel by trucks and ships.

Yor current local utility provider buys natural gas in the wholesale market and then sells it to their customers at retail prices. We put our clients in a wholesale position. 

Expanding electricity

Unlike the natural gas market, it’s trickier to deregulate the electricity industry. Whereas the former has a direct line from well to pipeline to user, electricity comes from multiple sources, including nuclear, coal, oil, natural gas and renewable energies.

Deregulation of electricity allows for competion for the purchase of your electric supply in the local market and this means savings for you. 

Your natural gas and electric is still delivered by your local provider. Should there and be any service issues or disruption, your local provider is still responsible for servicing the account.

Hutchinson Business Solutions is an independent broker reresenting all the major deregulated providers selling natural gas and electric in the tri state area for the last 10 years.

We offer a free analysis of your current annual natural gas and electric supply cost. Our clients are finding savings from 11% upto 48%.

For more information and to order your free energy analysis email george@hbsadvantage.com

 

 Did you know that Electric and Gas are no longer monopolies and due to deregulation you have a choice of who supplies your business with Electric and Gas services? 
Maybe you do know because you have been getting annoying sales calls telling you to switch but you think it is a scam.
Hutchinson Business Solutions (HBS) is an independent energy management solutions provider. Our clients are savings from 10% to 40% on their natural gas and electric supply cost.  You can save thousands and perhaps tens of thousands of dollars depending on how much energy you use.
 
Power to Choose
Thanks to a national energy deregulation bill passed in 1999, organizations in roughly two dozen states (CT, NY, NJ and PA included) can now manage and control their energy costs in ways never before thought possible. Before deregulation you had no choice. You did not need to pay attention to the energy markets and you simply paid the bill like everyone else. But today you have the power to choose your supplier! The savings will not come to you by default; you must actively make a choice. In a deregulated market you must decide who to buy from, when to buy, what type of service agreement, how long to contract or whether you should consider a market based (variable) rate. If you do not choose a new supplier the local utility by default will remain the supplier of your energy at the highest market rate permitted.
 
What was deregulated?
Simply put the supply portion of your electric bill. The utilities sold off their power plants, and now only own the transmission and distribution wires. They also serve as a ‘backstop’ for power supply to customers who do not shop for electricity. With the move to competition the utilities have separated their service into two parts:
  • Regulated distribution of power, which is still only provided by the utility, and
  • Supply (called BGS) of the electric commodity (open to competition)
Customers who choose an alternate energy provider still have their power delivered to them by their local utility, and will therefore contact their utility for any outage issues. Depending on your utility market after you choose a new supplier you may still get one bill from the utility with two company names on it or you may receive two separate bills; one from the utility for the delivery and the other from the new supplier.
Types of programs
 
If you have not chosen an alternate supplier you are paying a month-to-month variable rate based on filed tariffs. This is usually the most expensive type of rate that you can have since it is based upon the demand of the month in which you were billed. Like everything else in life if you wait until the last minute to buy it you usually pay more. If you choose a new supplier you have the option of remaining on a month-to-month variable rate or choosing to lock in today’s low rates for up to three years in most markets. Energy costs are at or near their all-time lows so it makes sense to lock in for as long as you can to hedge rising energy costs and inflation.
 
 
Types of Sales People
First you need to know if you are speaking with a direct sales person for one supplier or an independent broker that represents multiple suppliers. HBS in an independent energy broker that will present independent and unbiased recommendations for the best program that suits your needs. We offer a free analysis of your current natural gas and electric cost and we receive a small commission from the energy supplier so there is zero cost to you the customer. 
 
How does it work?
To begin, all we need  is a copy of your latest natural gas and electric bill from your local provider. You will also be asked to sign a letter of authorization which permits us to pull the annual usage from these providers. With this information HBS can go out to the deregulated market and get competitive bids for your energy needs. We will then present you with the best options and you choose to activate your savings.
 
If you activate your savings by choosing a new supplier there is no cost to switch. You get the same power, same delivery company, same poles, same wires and same meter. There will be no interruption or downtime of service. The only change will be a new bill in 45 – 60 days from a new supplier.
 
Today’s Economy is difficult at best and you owe it to your business to see if you can save your company money. You have nothing to lose and big savings to gain. 
For more information email george@hbsadvantage.com or call 856-857-1230

Current electric rates provide an open opportunity for alternative energy suppliers to communicate with commercial end users in deregulated electric markets.

New utility rules allow alternative electric companies to compete for your business.  Hutchinson Business Solutions (HBS) is an independent energy management solutions provider. We bring together the best electric suppliers in your state to bid on your commercial, industrial  electric supply. If you currently buy your electric from Jersey Central Power and Light (JCP&L), PSEG, Atlantic City Electric, or Rockland Electric Company or PPL in PA, than you have the power to choose your electric supplier and save money on electric. Deregulated electricity gives the customer the power to choose their electric supplier and save on energy.

Your local provider currently purchases electric on the open market at  wholesale prices, they then sell it to you at a retail price. We put our clients in a wholesale position and the savings fall to the bottom line. HBS clients are saving from 10% upto 40%.

Utility bills for electricity now include one total price for generation, transmission, and distribution. Deregulation means the generation portion (the supply) of the electricity service will be open to competition. Your local utility company will remain responsible for providing maintenance, customer services, and billing for the transmission and distribution of your electric.

A long time monopoly system of electric utilities has been replaced with competing suppliers. When competition is present in any market place, the end user benefits. Deregulation of energy markets give our clients the opportunity to compare rates of suppliers, decide who is the best fit for their energy consumption needs, and find savings in the deregulated market.

If you would like to know more about your opportunity for savings email george@hbsadvantage.com