Electricity is usually a significant expense for most businesses, commercial property owners and managers. Businesses that are able to control their expenses and manage their budgets are generally more successful. At East Coast Power & Gas, our clients range from small business owners to managers of large apartment complexes and Medical Centers. They trust us to help them save. Our approach is consultative. We review your specific energy and financial goals, help you decide whether to lock in or choose a variable rate, and develop an energy procurement plan tailored specifically for your business or commercial property. Right now, our New York-based customers get immediate and ongoing savings of sales tax on the delivery portion of their utility bills as soon as they sign up with East Coast.
Our commercial electricity plans:
A fixed-rate plan has a set rate that doesn’t change throughout the contract period. This may help your household budgeting, but if market prices fall you may have to wait until your contract ends to enjoy a lower price.
Variable rate plans run month to month, with no long term contract or cancellation fee. The rate you pay per kWh/therm can vary from month to month. Your rate can go up or down based on the market. Variable plans allow customers to benefit from falling market prices, but they also have an increased risk for higher rates if commodity prices spike due to various factors like natural disasters, cold winters, or adverse market conditions.
An indexed rate plan is similar to a variable plan in that the price per kWh can go up or down each month. The difference is that indexed rate plans are tied to a publicly available index. This plan allows a customer to lock in some of the components that make up the price of electricity – ancillaries, transmission, capacity and line losses. The only piece that will fluctuate monthly is the wholesale energy market price.
Renewable energy rates:
A renewable energy option lets you power your location with sustainable resources that reduce harmful carbon emissions. It is energy from a source that is not depleted when used, such as sunlight, wind, rain, tides, waves and geothermal heat. It does not include energy resources derived from fossil fuels, or waste products from inorganic sources.
Switching is simple!
Switching to East Coast is seamless. The process is completely transparent – you don’t even need to call your utility. You’ll receive the same bill (the utility will pay us). There will be no interruption of service and if any emergencies arise, (if you smell gas, for example) you can still call your utility company. Start Saving Now!