Public Power: A Residential & Commercial Energy Supplier
- Headquarters: Stamford, CT
- Founded: 2008
- Subsidiary of: Crius Energy
- Markets served: Connecticut, Illinois, Maryland, New Jersey, New York, Ohio, Pennsylvania and the District of Columbia
- Visit the energy newsroom for more information.
Headquartered in Connecticut, the electricity and natural gas supplier Public Power services more than 200,000 consumers from the Midwest to the Northeast. The energy company is one of seven brands through which Crius Energy sells energy plans. As stated on Public Power's website, the company focuses on conscientious customer service and being one of the best suppliers in the industry. Public Power utilizes loyalty and rewards programs to retain customers, and gains new customers through telemarketing and door-to-door sales.
There is choice with energy suppliers
A retail energy company, or energy supplier, competes with other suppliers to offer energy supply to a consumer. Before energy choice, consumers could only get energy supply from their utility. With energy choice in effect, consumers no longer have to use their utility as their supplier. It is important to research suppliers, such as Public Power, before committing to a long-term contract. Examine the price per kilowatt-hour, the type of supply rate offered, and the term length to see what works best.
Comparing supply rates made easy
As a retail energy company, Public Power sells energy supply plans to consumers. This process takes place in the energy marketplace where consumers can select a plan that best fits them.
When exploring a marketplace, consumers generally find two kinds of supply rates. Stable-rate supply plans are set to a specific rate per kilowatt-hour over the course of a predetermined amount of time. Monthly bills may vary, but the supply rate will remain constant. Variable-rate supply plans are determined based on the market value of energy. Monthly bills with a variable-rate supply plan may be different every month, based on the supply rate. Consumers can take advantage of low supply rates during market lows, but will have to pay premium supply rates during market highs.
The utility is still responsible
While consumers can now choose a competitive supply rate plan from a supplier, the utility, or energy distributor, still handles power generation and distribution. Utilities own the infrastructure, including wires and meters. If there is ever an emergency or a power outage, consumers should contact their utility, not their retail energy company or supplier, since the utility handles energy distribution and maintenance.
Sources: www.ppandu.com; www.criusenergy.com.