As a consumer, you no longer have to purchase your natural gas and electricity from your local utility. New York State Utilities provide their consumers the freedom to choose to purchase their natural gas and electricity from an approved Energy Services Company (ESCO).
Freedom of Choice is a good thing. Choosing M&R Energy, as your natural gas and electric supplier will put money back into your home or business. We will supply your natural gas and electricity but your utility company will still deliver it, as they always have. The safety and reliability you have come to depend on will not change.
There are two main parts to your natural gas and electric bills; supply and delivery. As a consumer you have the choice to shop for the supply portion.
Electric Supply represents about 40% of your current electric bill. This is the portion of the bill that M&R Energy will compete against the utility. If you spend $100 a month on your electric bill then an estimated $40 is spent on the supply portion.
Gas Supply represents about 40% of your current natural gas bill. This is the portion of the bill that M&R Energy will compete against the utility. If you spend $100 a month on your natural gas bill then an estimated $40 is spent on the supply portion.
Delivery – The utility delivery rates are established by state regulatory agencies and in New York that agency is the New York State Public Service Commission. These rates are not subjected to energy market volatility. The revenue from the delivery charges allows the utility company to maintain and upgrade its electric and gas transmission and distribution systems, as well as, the supporting infrastructure necessary for safe and reliable service.
Additional deregulation incentive (NY Utility Specific) – Certain charges are removed from your invoice when you choose an ESCO.
Sales tax incentives for businesses and homeowners (certain counties). In certain utilities, the sales tax is waived on the delivery charges when you choose to purchase your energy from an ESCO. This often results in a 50% savings on sales tax.
Merchant Function Charge Savings – The Merchant Function Charge recovers the commodity-related costs for competitive services and applies to customers who do not have an alternate energy supplier. However, when you chose an ESCO this charge is removed from the utility invoice and becomes an immediate savings.
Note: The additional incentives, listed above, are state and utility specific and it is important to know the incentives that are specific to your local utility.
To manage the electric and gas supply portion of your bills M&R Energy offers pricing options tailored to your purchasing requirements.
Fixed Price Option – allows you the choice to purchase your natural gas or electric at a fixed price for an agreed upon term. Typically when you purchase from your utility company your supply cost changes monthly, however, under the fixed price option you are electing to have a fixed rate for a period of time. This fixed rate can be for as little as 3 months or as long as 2 years. You may want to choose this option to protect your rate from increasing higher and to assist you in setting a budget for your energy cost(s).
Variable Price Option – This is a variable rate that changes monthly, based on market fluctuations. For those customers who stay on target with the market and are looking to take advantage of market fluctuations.
Contact our representatives, today, for current pricing: Toll Free (866) 610-SAVE.
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