Understanding Your Energy Options
How To Save
One of the most important things when choosing your energy plan is understanding the difference between
a FIXED rate and a VARIABLE rate plan.
With variable rate plans, the cost of your energy will fluctuate up or down each month, just as your current utility bill does. However, EnergyMark’s Guaranteed Savings Plans ensure that your annual costs will be lower by receiving your supply from EnergyMark, instead of the utility.
Guaranteed Savings Plans
How can we guarantee savings? EnergyMark uses local resources and maintains a low cost of overhead to deliver the cheapest rates in Western New York. Each month, local utility companies post their supply rates, and we simply set ours underneath it. In addition to saving on the supply rate, there are also several taxes and fees that are waived when you switch to an energy supply company.
There are no fees to switch, and your contract is on a month-to-month basis.
Energy rates are determined monthly, which is directly affected by supply & demand and weather. Just like any other product, increased demand and limited supply for energy can substantially increase the cost. As long as demand increases and supply remains the same, energy costs will increase.
Lock in Your Rate for 12 or 24 Months
EnergyMark offers a fixed rate plan that locks in one low rate which protects you from these volatile energy costs. You get a guaranteed price by locking in the same rate for a 12 or 24 month period. When energy costs increase, your rate will remain the same – and you don’t have to worry about the volatility of the energy market.
There are no fees to switch, and you can feel secure knowing that your supply price will never change throughout the term of your agreement.
EnergyMark only offers fixed rate pricing when its advantageous for the consumer. For that reason, EnergyMark only offers fixed prices when market conditions allow us to offer a fixed rate that is within 5% of the 12-month average utility rate or lower.
Currently, EnergyMark is not currently offering fixed rate pricing for residential customers.
Commercial/industrial clients may still consider fixed rate pricing. Please contact an EnergyMark representative to learn more.
Watch: When is the best time to renew your Energy?
Whats the Best Way to Save?
Check out our Current Energy Rates page and use the information on this page about Fixed Rates, Variable Rates and shoulder months to make an informed decision about switching. If you still aren’t sure which option is best for you, contact us and we’ll help you make a decision.
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?
When they are offered, 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:
- Filling out our online sign up form
- Calling us directly at (716) 632-1800
- One of our contractors, active in Western New York neighborhoods
My energy bills are set up to auto-pay. Will switching to EnergyMark affect that?
Not at all! Switching your electric or natural gas supply to EnergyMark won’t affect your automatic payments. The only thing that will change is that your energy supply will come from us – and you’ll save money!