Alaska 22.08 49 Nebraska 11.2 11 10.1¢ If your electricity goes out Cable TV Providers The threat of price spikes have been long in the making, the result of changing economics of power production. The shale drilling boom produced record amounts of natural gas, which pushed prices to all-time lows and made gas-fired plants cheaper to operate than coal. Renewable energy such as wind is also producing abundant amounts of electricity at a lower cost than coal. Initiatives that catalyze the industry to modernize the grid. Power Services 1-866-660-4900 Variable Rate: With a variable rate, you stand closer to the fire. Rather than keep your costs separate from market conditions, you experience the rise and fall of price alongside your provider. You profit when supply exceeds demand, but could pay through the nose if the electricity grid becomes overtaxed. That usually means a higher bill in the summer and winter (when demand is at its highest) and a lower one in the fall and spring. 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Marblehead Municipal Light Department 1-888-452-6862 Monday-Friday 7:30-8:00pm CT Social Security Number or Driver’s License Northern States Power Company-Wisconsin, a subsidiary of Xcel Energy Classroom Support In over a dozen states in the US, electricity providers can compete with each other to sell you electricity. This competition typically drives rates down and is made possible due to electricity deregulation. Deregulation allows you to shop around at different companies to find the best deal, much like you would for a cell phone or cable TV service. 02:30 | 7:27 AM ET Wed, 22 Aug 2018 About Electricity Local Traveling Texan (Weekly) Travel ideas, itineraries, and deals from our partners JUST ENERGY and the JUST ENERGY design are trademarks of Just Energy Group Inc. used under license. 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