How Are We Doing?
Please help us
Have You Won?
You may have won $$$
Click here for an Energy Audit from Touchstone Energy ® Cooperatives
The standard offer rate will be 6.662 cents per kiloWatt-hour until February 28, 2015.
What is Standard Offer Supply?
"Standard Offer" is a default supply of electricity with guaranteed availability. Before deregulation, electric utilities were responsible for the generation and delivery of electricity in each service area. Each utility was obligated to provide power to all paid customers, because the utility was the only company allowed to sell power in that specific service territory.
Electric restructuring split the industry into two parts. The utilities became "delivery companies," and other companies, known as Competitive Electricity Providers (CEPs), now directly sell customers the electricity. Delivery companies deliver the electricity and are responsible for the utility infrastructure. The delivery companies issue the bill for the delivery and electricity charges, but the amount of the electricity charges is forwarded to the CEP. Without safeguards, this would mean that some customers might not be able to get power at all.To prevent this from happening, a Standard Offer provider is chosen for each delivery area through a bidding process. The lowest bidder is then obligated to provide electricity to all paying customers in the given delivery territory. In this way, each electric customer in Maine is assured that electricity will be available.
Standard Offer contracts are awarded through a bidding process. New Brunswick Power Generation Corporation won the latest bid to provide Standard Offer electric supply for Eastern Maine Electric Cooperative's service territory. The standard offer rate will be 6.662 cents per kiloWatt-hour until February 28, 2015.
For Questions About New Brunswick Power Generation Corporation., contact:
In This Section...
|P.O. Box 425 -- 21 Union St. Calais -- ME 04619-0425 | Tel. 207-454-7555 or 800-696-7444
Copyright © 2013 Eastern Maine Electric Cooperative. Site Map