Gas And Electric Contracts

Gas And Electric Contracts

If you live in a state that only has regulated gas and electric markets, your only source of energy comes from a local utility company. In deregulated markets, you have the option to get gas and electricity from a deregulated marketer; however, you must be knowledgeable about what is available and know your rights before negotiating and entering into gas and electric contracts.

There are different types of energy contracts in the US. They are fixed price, blocked, indexed and load following block. The first is geared towards residential usage and the last three are for commercial usage.

In the United States, there are 13 states that have deregulated markets for gas and electricity. A home owner can save the most on energy bills in a deregulated market. This is especially the case if you sign a fixed price contract. You’ll always know the amount of your monthly energy bill.