EnergyMark offers two plans to help control your household energy budget: our "Fixed-Rate" Plan and our Variable Rate Plan.
Fixed Rate Plan
The plan is simple - when energy rates go up, yours remain stable. EnergyMark helps manage your budget by allowing you to lock into a fixed price for 12 to 24 month periods. Your current utility charges you a different rate every month and there is just too much uncertainty about how much your next bill will be. Our plan is like a fixed rate mortgage; you lock in one energy rate so you can expect to pay a consistent price over the term of the agreement.
* The fixed rate plan is also available with the utilities' budget plan option (see below).
Variable Rate Plan
This rate will change based on the monthly energy price. The monthly price is the NYMEX Managed Pool price plus a fixed adder. In a market of falling energy prices, the variable rate plan allows you to take advantage of our competitively low natural gas prices. This plan provides you with the greatest flexibility and if your not satisfied, you can choose to switch to our Fixed-Rate plan at any time.
From time to time, EnergyMark will offer to convert your variable rate to a fixed plan. It will be your option to lock in your price at that point in time. We will contact you by email or in writing to give you time to consider and compare.
*The variable rate plan is also available with the utilities' budget plan option (see below).
*Budget Plan Option - a popular option is to choose a budget billing option from your utility. EnergyMark's fixed and variable plan can be used with this option. Your payments will be averaged over the year and your energy bill will be similar for both summer and winter periods.
FAQ's
Who will deliver my energy?
Your utility will continue to deliver the natural gas that you purchase from EnergyMark through their utility-owned pipes and meters. You will continue to receive the same service that you are accustomed to. Your utility company will continue to deliver your energy, read your meter, respond to any emergencies, and provide you with a complete bill that lists EnergyMark as your supplier.
How will I be billed?
Your billing will remain constant, and you will continue to receive one bill from your utility company, combining EnergyMark's supply and your utility's delivery fees. You will continue to write just one check to your utility for all of your energy costs. The utility pays EnergyMark for the supply portion. The only change you will see to your bill is EnergyMark will be shown as your energy supplier on your bill.
How are my rates determined now?
If you are currently not on a program with an Energy Services Company (ESCO) like EnergyMark, you are paying the regulated utility rate for natural gas. Natural gas rates are determined monthly which is directly affected by supply & demand and weather. EnergyMark offers a fixed rate plan that locks in one low rate which protects you from these volatile energy costs.
Why are energy costs likely to rise?
Just like any other product, increased demand and limited supply for energy can substantially increase the cost of energy around the world. As long as demand increases and supply remains the same, you can expect increasing energy costs.
Currently natural gas and power prices are near five year lows. It is wise to consider locking in during this period of relatively low energy values. Fixed, stable prices make budgeting for energy easy and predictable.
How does the fixed rate plan work and what are its benefits?
You get a guaranteed price by locking in the same rate for a 12 to 24 month period. When energy costs increase, your rate will remain the same. A benefit of buying through EnergyMark's fixed rate plan is not having to worry about the volatility of the energy market. You can feel secure that our supply price will never change through the term of your agreement.
Will I be switching suppliers?
Yes, EnergyMark will now be listed as your supplier on your bill. There are no fees to switch to EnergyMark. You can trust this local supply, brought directly from the producers' local wells. EnergyMark supply is backed by on-system storage and firm transportation for secure, stable supply.
How do I sign up?
You can sign up through:
- Calling us directly at (716) 614-1800,
- One of our contractors, active in Western New York neighborhoods,
- Or visiting http://www.BuyLocalEnergy.com
