Maryland’s Electricity Market Becomes Competitive

Salisbury, MD - At long last, Maryland businesses will be able to benefit from electricity deregulation. Price caps that have frozen rates for the past several years will be lifted for BG&E, Conectiv, and PEPCO customers beginning June 30, 2004. Customers in the Allegheny service territory will have price caps removed early in 2005. Affiliated Power Purchasers International (APPI), ASAE’s sponsored energy consultant, expects a competitive electric market and the opportunity for your headquarters and your members to reduce electricity costs.

To assist your headquarters and your members to obtain competitive electricity rates, APPI has formed the Maryland Wholesale Electricity Pool (MWEP). By aggregating, or pooling Maryland businesses from APPI’s 140 member associations, APPI is able to negotiate wholesale rates for its members. There is no obligation or fee to participate. APPI prepares a savings analysis comparing each business’s current electricity rate to the final rate negotiated by APPI. Members will have several days to evaluate the offer and to make a decision to opt into the pool.

For further information, please contact Kathy Kiernan, Vice President, Business Development, at 1-800-520-6685.