Every year around this time, my electricity supplier sends me a notice about renewing our electricity supply agreement. Last year, I ignored it because the pricing was competitive and it automatically renews for a year. While we’ve only been using Washington Gas Energy Services for two years, I thought I’d take a closer look this year to make sure we’re still getting a good price.
The electricity supply agreement sets a flat annual kWh price on electricity supply of 10.8¢. In pricing electricity, usually there is a summer price and a winter price, with the summer price being higher in our area. With this agreement, it would be a flat rate throughout the year. To give you an idea of energy use, we typically use more energy in the winter than we do in the summer (about 1,000 kWh per month in the winter, 600 in the summer).
(Click to continue reading…)