Massachusetts Commercial Energy Supply: How Businesses Can Lower Electric Utility Bills

For businesses in Massachusetts, controlling energy costs is a critical part of maintaining a competitive edge. Massachusetts is a state with a deregulated energy market, giving businesses the power to choose their electricity supplier. This freedom allows companies to compare rates and select the best energy plans to reduce their utility bills.

Learn how businesses can take advantage of Massachusetts’ deregulated energy market to lower electric utility bills, the local deregulated electric utilities, and the key cities in Massachusetts where energy deregulation is most impactful.

Understanding Energy Deregulation in Massachusetts

Energy deregulation in Massachusetts began in 1997 with the goal of creating competition in the energy market. Prior to deregulation, consumers were limited to purchasing electricity from a single utility company that managed both the supply and delivery of power. Deregulation separated these two roles, allowing businesses and consumers to choose their energy suppliers while still relying on local utilities to deliver the electricity.

This competition between energy suppliers has led to a more flexible market where companies can shop around for the best rates, ultimately leading to significant savings on their electric bills.

Steps Businesses Can Take to Lower Electric Utility Bills

1. Compare Energy Suppliers Regularly

The most important step for any business looking to reduce its utility bills is to regularly compare energy suppliers. Massachusetts Commercial Energy have access to numerous Retail Electric Providers (REPs) who offer different pricing structures, contract lengths, and services. By comparing these options, businesses can find a plan that meets their energy needs and budget.

Platforms like Massachusetts Commercial Energy Group provide businesses with the tools to easily compare multiple energy suppliers in Massachusetts. This process ensures that businesses can find the lowest rates available and avoid overpaying for electricity.

2. Choose the Right Energy Plan

Not all energy plans are the same, and businesses must choose the plan that best fits their usage patterns. Fixed-rate plans lock in a price for a set period, providing predictability and protection from market fluctuations. Variable-rate plans, on the other hand, change with the market, which can be risky but sometimes leads to lower prices during periods of low demand.

By understanding how each type of plan works and analyzing their own energy usage, businesses can select the plan that will yield the most savings.

3. Monitor Energy Usage and Efficiency

Another way to reduce electric bills is by focusing on energy efficiency. Simple changes such as upgrading to energy-efficient lighting, using programmable thermostats, and conducting regular energy audits can make a big difference in consumption. When businesses reduce their overall energy usage, they can further lower their electricity bills.

In combination with selecting the right energy plan, efficiency improvements can maximize savings for Massachusetts businesses.

4. Consult Energy Experts

Understanding the complexities of the energy market can be overwhelming. Consulting with experts in the field, such as Commercial Energy Group, ensures that businesses make informed decisions when choosing a supplier and energy plan. Energy consultants can help navigate the market, identify savings opportunities, and recommend the best course of action to reduce utility bills.

Deregulated Electric Utilities in Massachusetts

While businesses in Massachusetts can choose their energy supplier, local utility companies still manage the delivery of electricity to businesses. The major deregulated electric utilities in Massachusetts are:

• Eversource (formerly NSTAR and Western Massachusetts Electric): Eversource serves much of Massachusetts, including parts of the Greater Boston area and central and western Massachusetts.
• National Grid: Covering parts of Massachusetts, including much of eastern Massachusetts and Cape Cod, National Grid is a significant player in the state’s deregulated market.
• Unitil: Unitil serves several smaller areas, primarily in northern Massachusetts, including parts of the Merrimack Valley.

Although these utilities handle the delivery and maintenance of electricity, businesses can choose their electricity supplier and potentially lower their bills by shopping for the best rates among competitive providers.

Popular Cities in Massachusetts with Energy Deregulation

Massachusetts is a highly urbanized state with many key cities and towns where businesses benefit from energy deregulation. The opportunity to shop for electricity suppliers is available across much of the state, and businesses in the following cities should take full advantage of this:

1. Boston

As the largest city in Massachusetts and the hub of the state’s economy, Boston is home to countless businesses that can benefit from lower electricity rates. Businesses in Boston, served primarily by Eversource, have access to a variety of energy suppliers offering competitive rates. Given the high demand for energy in such a populous area, regularly comparing suppliers is critical for businesses looking to cut costs.

2. Worcester

Worcester, located in central Massachusetts, is a key location for manufacturing, healthcare, and education. Businesses in Worcester can take advantage of deregulation to find the best energy deals. Eversource services much of this area, providing ample opportunity for businesses to shop around and find competitive rates.

3. Springfield

Springfield is another major city in Massachusetts where businesses can benefit from energy deregulation. With a robust manufacturing and healthcare industry, Springfield businesses need to manage their energy costs effectively. Eversource, which services Springfield, offers a variety of options for electricity delivery, but businesses can choose their energy supplier to secure lower rates.

4. Cambridge

As a center for technology and education, Cambridge businesses often have high energy needs. Energy deregulation in Cambridge allows these businesses to compare energy suppliers and lock in favorable rates, reducing their overall operating costs. Businesses here are typically served by Eversource, but they have the freedom to choose among many competitive suppliers.

5. Lowell

Located in the Merrimack Valley, Lowell is an industrial and educational hub. Lowell businesses can shop around for electricity rates from a wide range of suppliers, allowing them to take control of their energy costs. National Grid serves much of the area, and businesses should regularly compare suppliers to avoid overpaying for electricity.

6. New Bedford

As a key coastal city with a significant fishing industry, New Bedford businesses can take advantage of deregulation to find the most competitive rates. National Grid services much of the area, and comparing rates can lead to substantial savings for local businesses.

Other Deregulated Cities and Towns in Massachusetts

In addition to the major cities listed above, several other deregulated areas in Massachusetts offer opportunities for businesses to reduce energy costs. These cities and towns include:

• Quincy
• Brockton
• Newton
• Lynn
• Lawrence
• Somerville
• Framingham
• Haverhill

No matter the location, businesses in these deregulated cities and towns should regularly compare energy suppliers to ensure they’re getting the best deal on their electric bills.

Why It’s Important to Compare Suppliers in Deregulated Cities and Towns

Comparing energy suppliers in deregulated cities and towns is essential for several reasons:

1. Cost Savings

Energy prices fluctuate due to market conditions, demand, and supplier-specific factors. By comparing suppliers, businesses can lock in lower rates and protect themselves from rising energy costs. Even small differences in rates can lead to substantial savings over time, especially for businesses with high energy consumption.

2. Customized Energy Plans

Every business has unique energy needs, and comparing suppliers allows businesses to find plans that fit their specific requirements. Some suppliers may offer green energy options or flexible pricing structures, while others may specialize in fixed-rate contracts that provide price stability.

3. Protection Against Market Volatility

Energy markets are often volatile, with prices subject to rapid changes. By locking in a competitive rate through regular comparison, businesses can protect themselves from sudden price hikes and ensure their energy costs remain predictable.

4. Increased Competition Among Suppliers

The more businesses compare suppliers, the more competition is fostered in the energy market. This competition encourages suppliers to offer better rates and innovative products, benefiting businesses across Massachusetts.

Contact Commercial Energy Group for the Best Rates

To ensure that your business gets the best possible deal on electricity in Massachusetts, Commercial Energy Group can help. By comparing energy suppliers across the state, Commercial Energy Group provides businesses with the tools they need to lower utility bills and reduce operating costs.

Contact Commercial Energy Group today to start comparing energy suppliers and securing lower rates for your business:

• Call or Text: (402) 431-2646
• Email: Support@GroupEnergy.org
• Website: https://groupenergy.org/

Today in Massachusetts, businesses have the power to lower their electric utility bills by comparing energy suppliers in the deregulated market. With access to a wide range of suppliers and pricing options, businesses can take control of their energy expenses and ensure they aren’t overpaying for electricity. By regularly comparing suppliers, monitoring energy usage, and consulting with experts like Commercial Energy Group, businesses can secure the best rates and reduce their utility bills, improving their bottom line.

Don’t wait—start comparing today and see how much you can save on your commercial energy supply in Massachusetts.