Constellation customers that are interested in eliminating or increasing Michigan’s anti-competitive cap on customer choice in order to have the opportunity to enjoy lower electricity costs and improve the economy in Michigan should contact the Energy Choice NOW Coalition, www.ecn.com immediately. Electricity costs are increasing dramatically in Michigan, becoming one of the largest operating costs for businesses to bear in the state, and it’s important for businesses to speak to the benefits of competition and the innovative products and services available from the competitive market.
In an act that flies in the face of competitive markets, Michigan State Representative Ken Horn late last week filed new legislation, H.B. 5733, to eliminate electric competition, which could significantly impact the state’s drive to improve its economy. Even with the 10% cap on electric choice that’s been in place since 2008, Michigan’s electric rates have been reported to be the highest among neighboring states. Utility electric rates have also risen by almost 30%. That’s not good for Michigan businesses or Michigan families.
Competitive prices, however, are only one part to reducing long-term energy costs and that is where competitive energy suppliers come in. Businesses that work with competitive suppliers are able to develop pricing strategies as well as strategic plans to reduce the quantity of energy used over a period of time, and to better manage their energy costs, which are important factors in the total energy cost for a business.
A national study released earlier this year by the COMPETE Coalition shows that even though electric consumption in the United States is the same as it was in 2008, the same year that Michigan’s comprehensive energy law was set in place, the number of businesses that are choosing competitive energy suppliers has significantly increased. The same report noted that if there was an increase in electric competition in Michigan, the 7,000 local businesses in Michigan on the Consumers and Detroit Edison waiting list could realize $130 million in savings.
The potential would be even greater when picturing Michigan’s entire business landscape. If you are a Constellation customer or a business in Michigan that is interested in realizing this kind of savings, now is the time to act.
Please click the links below to find a draft petition letter that we and others would like to deliver to Governor Snyder that is signed by as many Michigan businesses as possible so he is aware that we are in SUPPORT of electric competition and customer choice.
We would greatly appreciate you signing the below letter and returning to us by email at SocialMedia@constellation.com by Friday, June 22nd.