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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Power Select – Retail Adder Solution
Our Retail Adder price allows you to forecast your non-energy costs for the term of your service and look to the wholesale market to see when would be the best time to lock in your electricity price.
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In 1996, House Bill 1509, the Electricity Generation Customer Choice and Competition Act, was enacted. The law proposed a schedule whereby consumers could begin choosing among competitive generation suppliers, beginning with one third of the State’s consumers, by January 1999, two thirds by January 2000, and all consumers by January 2001.
Pennsylvania Energy Snapshot:
- Pennsylvania was the fourth largest coal-producing state in the nation in 2012, and the only state producing anthracite coal, which has a higher heat value than other kinds of coal.
- Pennsylvania’s annual gross natural gas production, primarily from the Marcellus Shale, exceeded 2 trillion cubic feet in 2012, a 72% increase over 2011 production.
- The first commercial U.S. nuclear power plant came online in 1957 in Shippingport and operated until 1982; in 2013, Pennsylvania ranked second in the nation in electricity generation from nuclear power.
- Pennsylvania generated 40% of its net electricity from coal and 35% from nuclear power in 2013.
- Pennsylvania’s Alternative Energy Portfolio Standards require 18% of electricity sold by compliance year 2020-2021 to come from approved renewable or alternative sources, including at least 0.5% solar photovoltaic power. In 2013, renewable energy accounted for almost 4% of Pennsylvania’s net electricity generation.
- Natural gas (38 percent) provides heat to more Pennsylvania homes than any other fuel, but electricity (29 percent), fuel oil (20 percent), and propane (9 percent) are also widely used in the state, according to EIA’s Residential Energy Consumption Survey.
- Through restructuring, all customers now have the option to switch to a competitive supplier such as Mint Energy. Mint Energy representatives are available to explain the various pricing options, as well as guide you through the competitive supply process.
Source: U.S. Energy Information Administration (EIA)