Energy Lock – Fixed Full Requirements
Energy Lock product is a full swing, fixed price product that promotes price and budget certainty by offering protection against market volatility.
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Maryland Electric Deregulation is the result of a bill passed in 1999. This bill, the Electric Customer Choice and Competition Act of 1999, was passed though the Maryland General Assembly. Under the new legislation, the consumer could choose to continue purchasing power from the local utility (known as Standard Offer Service (SOS) or Provider of Last Resort (POLR)) or to purchase power from an electric retail supplier. The local utility would still be responsible for the delivery of the power.
Maryland is part of the PJM Interconnection, a regional transmission organization (RTO) that coordinates the movement of wholesale electricity in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.