Knowledge is power.
Especially when it comes to saving money.
What would your boss say if he or she heard that you could have saved your company money, but didn’t? That is the question you need to ask when reviewing your energy costs – because you have the power to choose your electric and natural gas suppliers. And this choice can enable you to save substantial money for your company. In fact, you can save up to 30%.
That’s because we’re living in an era of deregulation. When deregulation replaced the old system of utility monopolies by creating an open market for electric power it gave business consumers a host of cost-saving energy options. Keeping with the deregulation of phone and airline services, utility deregulation not only ended the hidden fees, charges for switching suppliers, and sometimes intentional interruption in service experienced under the old system, it also empowered users to find utility programs structured specifically for their needs, budgets, and commitment to a cleaner, greener planet.
What’s more your power of choice can also enable you to make a statement about your company’s values and priority’s, because we give you the option to select green energy.
Using Reynolds Power makes it easier for your company to take full advantage of the deregulated climate to save money and grow your business. With us, you can save money and obtain better service. We also give you a choice of contract, source of energy, and the satisfaction of knowing that you’re creating jobs.
That’s because, we at Reynolds Power are dedicated to helping you make the best decisions for your company’s productivity and profitability. Such choices are best made as a collaborative effort between you and our energy experts. And by providing you with access to the latest information about the energy industry we can help you even more. To this end, we offer you the latest news, information, and exclusive white papers that address the issues that most concern you.
Best yet, while you’ll immediately notice the difference in the prices you pay and the amount of green energy you use, you won’t notice any others differences. That’s because your current utilities will continue to deliver your electricity and/or natural gas, regardless of your supplier. And, they’ll continue to maintain their energy and natural gas delivery systems, read your meters, and correct any outages. And you’ll continue to pay one bill for electricity and one for natural gas, because we consolidate our statements with theirs.
So shouldn’t you act today? You have nothing to lose (and, perhaps, lots to keep). Start by getting a quote right now to compare your current invoices with our prices. After all, inaction could be costing your company money!
Power Deregulation empowers you
Learn all of the facts.
When deregulation replaced the old system of utility monopolies by creating an open market for electric power it gave residential and business consumers a host of cost-saving energy options. Deregulation not only ended the hidden fees, charges for switching suppliers, and sometimes intentional interruption in service experienced under the old system, it also empowered users to find utility programs structured specifically for their needs, budgets, and commitment to a cleaner, greener planet. Using Reynolds Power makes it easier for your company to take full advantage of the deregulated climate to save money and grow your business.
You may find you’ll be able to save more using one provider instead of another, but the electricity and gas you use will still be delivered safely and reliably by your local utility company.
Absolutely not. Whichever energy provider you choose for electricity and natural gas, you’ll still enjoy all the safety and reliability you always have from your local utility company.
Your local utility company will still take care of service emergencies and power outages just as they always have.
Not yet. Deregulation of energy is currently happening on a state-by-state basis. We‘re operating in the following states (list the states).
Competitive electricity markets have been created to promote competition among energy market participants and are structured with effective oversight to deliver economic and environmental benefits to consumers and businesses. In competitive markets, power suppliers try to attract and retain customers by offering better service at a lower cost than other suppliers. By contrast, in states where energy supply is regulated as a monopoly, there is little or no incentive for incumbent power providers to lower costs or introduce new and better services. This is because rate-payers have no alternative but to use their monopoly-protected supplier for their energy supply.
Will deregulation of electricity and natural gas reduce the services I enjoy from my utility company?
Just the opposite. The purpose of deregulation is to increase your options while still providing the same level of service you’ve always had. Local utility companies continue to respond and resolve service interruptions and are expected to fully maintain power delivery equipment such as poles, wires, and your pipelines.
We certainly hope so! Deregulation should make a very positive change in the savings on your energy bill whatever type of energy you use – from natural gas to wind produced electricity - and however you’re billed for it.
It makes energy providers compete for your business because you can choose from different energy companies. Deregulation may seem complicated but contracting for energy actually works like buying anything else in a competitive marketplace.
First, they identify the best companies producing electricity using a variety of methods - carbon based, green energy resources, etc. Next, Reynolds Power operates as an energy marketer (is this right?) buying an energy supply from these companies on your behalf and overseeing its transfer to your local utility company. Finally, your local utility delivers this energy supply to your home or place of business. And, just as they always have, they deal with any outage or service issues that may occur. Reynolds is able to save you money because we’re buying energy for you in an open and competitive market.
An energy marketer acquires natural gas or electricity - from natural gas wells, well owners, green energy sources, traditional carbon-based electricity generators or on the open market - and supplies it to consumers like you. We are not a local natural utility. Nor do we operate pipelines. We just purchase and supply the energy your utility company delivers to your home or business.
That’s obviously an option. But dealing with an energy marketer like Reynolds, could not only save you money, it can also shield your business from volatile market price swings. You see, by making large purchases of energy for many clients, we’re able to negotiate a better price than you or even your local utility company can do on its own.
Competition may keep energy costs lower than they were before deregulation but the definition of the value of energy and therefore its cost, is driven by changes in the market. In fact, prices can change hourly. Sometimes this volatility can work for you if you lock in to a low rate when the price drops. But it can also make it hard to keep to your budget. You can protect yourself and take advantage of these changes by picking a rate plan - fixed or variable - that fits the particular needs of your business and energy priorities.
Our rate quotes on any given day are always driven by how much we expect to pay for gas or electricity over the course of a particular contract. The longer the contract runs for, the greater our need to allow for a higher swing in energy costs over that time period. So the rates on longer contracts may be a little higher than on shorter contracts.
That could end up being a case of “pennywise, pound foolish” because while today’s shorter term contract rate may be lower than the rate on a longer term contract, this may or may not be true when it’s time to renew. And if you want the peace of mind that comes from knowing just what your energy will cost you over a certain period, then a longer contract - whatever the rate - may still be a better option for you.
If you’re unsure how long you’ll be at your current address or feel like you could be liable for an early termination fee for any reason, a shorter contract may make more sense than a longer one. Also it’s very difficult to anticipate the future movement of the market since it’s not necessarily cyclical but driven by many different factors. So consider this when you’re setting the terms of your contract by trying to anticipate market movement.
As a Reynolds Power customer you’ll be assigned a personal account manager who will research your past consumption to determine the best energy options for your operation now and in the future. Your account manager will continue to partner with you over the course of your contract, making sure you’re satisfied in every way. And as part of our service, they’ll provide you with information about updated options and marketplace intelligence you should be aware of.
In a word - yes. After all, managing risk in the highly volatile energy market demands a partner who is fully engaged in looking after your best interests for the short and the long term. We start this process from the very first minute you contact us - even if you’re not yet a contract customer. Part of our commitment to the industry and our stakeholders is to invest in the education of our current and potential customers, enabling them to make better informed decisions for their businesses. We’ve always found that in the long run this works to our benefit as well as yours.
It just takes seconds to complete and submit this form to receive your quote instantly. Please rest assured that we won’t bother you with phone calls or any other form of salesmanship. So you have nothing to lose and, if you like our quote, could have a lot to save on your energy costs.