The first program closed enrollment in November 1998, with more than 200 customers signed up to receive lower-cost power beginning in January 1999. National Energy Choice oversees the transactions between the consumers and suppliers in order to maximize savings while ensuring high-quality power. The second program is open to enrollment until May 10, 1999. Customers can sign on for two or five-year contracts with a savings that is expected to range between five and 15 percent below the standard utility offer. Energy efficiency and electricity cost savings programs are offered.
Energy savings begin as soon as the customer enrolls.
Energy efficiency savings are the result of consumers making the recommended changes in energy use. This combination program typically results in a 12 to 15 percent savings. The credit will allow consumers who choose to buy electricity from an alternative supplier to receive additional savings beyond the required rate reductions. The Board of Public Utilities must act on the proposal by March 31, 1999. Some consumer groups oppose the deal.