Ohio enacted deregulation in 1999, but it did not start until January 1, 2001. The market took off slowly as a 5-year incumbent rate freeze was in place. Third-party vendors were not able to provide competitive pricing as the market costs continued to rise. Slow rate increase plans, also known as rate stabilization plans, were put in place in 2008 when the 5-year period ended. 2009 marked a period of market-based rate plans, which were implemented by incumbent utilities. This has allowed the market to become more competitive as retailers are able to provide savings depending on the utility territory.
Rapid Power Management has offered Ohio-based companies access to the brightest team of energy procurement consultants in the country. From mid-size to large companies, we have reduced energy consumption and lowered electricity costs for businesses across Ohio since 2010. 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 the south are Siemens, Russell Stover Candies and JTEKT. If you are interested in any of these services or have any questions, please call or email the Ohio representative listed below:
James “J.D.” Dodson – Partner
Direct Line: (469) 759-1450
"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