Maryland
History
The State of Maryland opened for competition on July 1, 2000, for all customer classes in all parts of the state. The introduction of competition into the electric industry can create significant benefits to electricity customers. Some reasons for moving to a competitive electric market are: To put downward pressure on costs, thus providing consumers with the lowest possible prices for electricity and to allow all customers to choose their power supplier. The Standard Offer Service (SOS) is the alternative to purchasing electric supply from a competitive supplier. By law, the availability, procurement, and pricing of SOS are overseen by the Commission.
Markets by Utility or TDSP LPC Entry
Liberty Power serves Small & Mid-sized Businesses, National Accounts and Government & Institutional customers throughout Maryland. At this time we are offering our services and products in PEPCO, BG&E and Connective service territories. Liberty Power is also certified by the Public Service Commission of Maryland License reference IR-607.
Regulatory Differences / Market Structure
Market participants reached a Settlement on the design details of post transition period Standard Offer Service (ÒSOSÓ) that will go into effect as rate caps expire for Maryland utilities. Generation rates will be set at prevailing wholesale market rates for supply and transmission, plus an administration fee and taxes. Since there are no switching restrictions, minimum stays, or exit fees customers are fully able to avail themselves of competitive opportunities in the state of Maryland. Electricity suppliers as Liberty Power will sell electricity to you and provide functions such as customer service and billing.
TO REQUEST AN ELECTRICITY FACT LABEL, CONTACT US AT powerup@libertypowercorp.com.