Maryland became an electric deregulated state in 1999, but utility rates were frozen between 3.5% to 7% below 1999 rates on the Provider of Last resort and standard offer service rates. Thus, 3rd party retailers couldn't compete as energy prices continued to rise. In 2007, the rate caps started to expire in a staggered approach as the smallest clients were affected last. Today, there are a myriad of choices, but the market is confusing as price scope, product choice and retailer risk pose potential risks to uninformed buyers.
As one of the most trusted energy advisers in the industry. Rapid Power Management has offered Maryland-based companies access to the brightest team of energy procurement consultants in the country. From mid-size to large companies, we have a proven track record of reducing energy consumption and lowering electricity costs for businesses across Maryland since 2007. Give us a call to discuss how we can improve your procurement strategy.
Services RPM offers: Management of Energy Procurement
Some of the companies we work with in Maryland are Maryland Precision Spring and MW Industries.
If you are interested in any of these services or have any questions, please call or email the Illinois representative listed below:
James “J.D.” Dodson – Partner
Direct Line: (469) 759-1450
Main Line: (888) 509-3030
"We partnered with RPM because they offered the best experience and knowledge of the energy market. They were responsive to our needs and presented us with realistic goals when it came to deciding what was achievable as a solution."Derek Chapin, CFO of Woot.com