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Why Switch
The first question customers have regarding energy deregulation is: Why Should I Switch? This varies depending on the customer's business, but in general, customers should consider switching for the three S's:
1. Savings
2. Stability
3. Service

Electricity is a traded commodity, just like gold and oil. The cost of en electricity unit (kilowatt) is constantly changing depending on pressures of supply and demand. When demand is high and supply is low, the cost is typically high. When demand is low and supply is high, the cost is typically low. In addition to these fundamental principals of supply and demand, the cost of Natural Gas, Oil, and Coal also affect the price, as they are the primary sources of fuel driving the turbines that create the electricity we use every day. If that isn't enough variables, there is also geographic influences, weather influences, and transmission congestion to contend with when determining how much a kilowatt of electricity costs today!

By providing our customers with one-on-one market related information, our customers can make informed decisions about where they can buy their energy. For instance, the adjacent graph depicts a period of slightly more than three years of wholesale and retail power prices in Massachusetts from three different power supply sources. How does one know if they are getting the best price for their energy? As a customer of Patriot Energy, we will help explain to you the sometimes confusing electricity markets and how to obtain the best priced energy for your business needs.

On average, the utility has older, less efficient generation than the rest of the market. They are forced to sell you their higher cost electricity. The Monopoly Utility does not need to gain your business-they've had it from the beginning. But the Competitive Supplier wants to initially earn your business and then typically needs to do so every day to keep you as a happy customer. They, unlike the Utility, take into consideration all influencing price factors that go into your final cost per kilowatt. This is unlike the Utility who sets a price for the millions of customers in their entire service area. What does this mean for you the consumer? Savings and specialized Service.

That leaves Stability. The cost of electricity changes every day. But overall, when looking at historical trends, a cyclical nature can be recognized. Most customers like to apply the same concepts to electricity procurement as they do with other fluctuating priced purchases-lock it in low. Most suppliers offer a fixed price over a term. This is best thought of in the terms of a mortgage. The Utility is the Variable Rate and the Competitive Supplier is the Fixed Rate. (Only you don't need to lock in for 30 years with Electricity!) Most suppliers offer flexible terms for their customers. This results in a fixed electrical expense to be budgeted for monthly. The volatile commodity markets have no bearing on the monthly electric bill once a fixed rate is established. This allows for the typically variable cost of electricity to be budgeted for in a more fixed manner.

Why Patriot Energy
As a licensed Electricity Broker, Patriot Energy is able to bid out your electricity service to multiple suppliers to obtain the most competitive supply as well as aid in the procurement process. We also are able to aggregate multiple customers together to buy in bulk for all our customers. So you can be sure with Patriot Energy you get the best price, the best suppliers, and the plan that best fits your needs rather than the needs of the suppliers or the utility.

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