Powered by Dynegy Energy Services
- Headquarters: Collinsville, IL
- Founded: 2013
- Subsidiary of: Dynegy Inc.
- Markets served: Illinois, Ohio, Massachusetts, Pennsylvania
- To read about Dynegy Energy Services in its community or in the news, click here.
Dynegy Energy Services is an energy services company focused on supplying electricity to homes and businesses in Illinois and Ohio. The supplier is a subsidiary of Dynegy Inc., a power generating company that distributes nearly 26,000 megawatts to 21 million households nationwide. Electricity suppliers, such as Dynegy Energy Services, are one of many options people have when choosing an energy supplier.
Retail suppliers and utility companies - what's the difference?
With the power to choose an electricity supplier, people may begin to ask, "What is a supplier?" Since suppliers and utilities perform different functions, this is a good question.
Energy choice restructuring has created a separation of electricity suppliers and electricity distributors. An energy services company, such as Dynegy Energy Services, competes with other suppliers in an energy marketplace to sell consumers competitive supply rate plans. Consumers have the ability to choose who they get their energy supply from, allowing for a variety of rates and an increased focus on consumers. Utility companies, also called distributors, are the entities that maintain the grid's infrastructure and distribute energy to homes. A consumer can choose a supplier, and their energy supply comes through the distributor. Consumers do not get to choose distributors, but should contact the distributor when there is an outage or damage to lines.
Dynegy Energy Services company rates
Dynegy Energy Services offers price-protected supply rates and green energy supply rates to its customers. Supply rate prices vary, but price-protected supply rates keep a price stable for a contracted term. Once the term is completed, consumers can choose to switch plans or continue with a variable supply rate. Green rates with Dynegy Energy Services match 100 percent of the amount paid in a billing period into renewable energy. Consumers can combine green rates with price-protected supply rates.
Sources: www.dynegyenergyservices.com; www.dynegy.com.