Energy Plus is an electricity company that operates in several deregulated electric utility states including the state of Maryland. The unique aspect to Energy Plus is their partnership with Best Buy.
You can earn Reward Points on your Best Buy rewards zone card if you choose to sign up with Energy Plus using the special reward zone letter you may receive in the mail or perhaps your email.
I personally received a letter from Energy Plus in Texas for signing up on their residential electricity rate plan. I was fascinated that Best Buy was getting into the electricity service business if even through a partnership of sorts.
I really do not now much about Energy Plus other than the letter I received from them through the Best Buy partnership. I personally find it a headache to keep track of the reward zone points offered through Best Buy because I can never seem to use the points to buy what it is I am shopping for at Best Buy.
If you are a coupon type of person though you may find a great benefit in choosing Energy Plus as your Maryland electricity company. In regards to some complaints and reviews I read on the complaints board website I have some further information to add in regards to Energy Plus.
Since Energy Plus offers a market rate product they are charging you a rate that varies based on what the market dictates on the commodities market. This means your electricity rate with Energy Plus may go up and down similar to that of the old monopoly utility you may have switched from.
The complaints from Energy Plus customers on the complaints board are primarily people in New York and Connecticut who are saying their electricity rate went up several cents higher when switching from the old monopoly electric utility to Energy Plus.
Some points to consider are that Energy Plus rates are variable so they may indeed be higher one month compared to a rate you received several months prior. Since you are on a variable electricity rate you can’t compare prices from January with a rate you had with a different provider in June.
The energy commodities market changes everyday and can be dramatically different summer and winter months. Energy Plus discloses to their customers that their rate is a variable changing rate and so I want to reiterate that yes their electricity rate can change from month to month and they do not hide this fact.
Before you complain against an electricity company in Maryland regarding your new rate plan make sure you compare your rate apples to apples. If you changed to Energy Plus and have a question about the charges go ahead and call your old electric company up.
Have the old energy supplier quote you what their advertised rate was for the same time period you want to compare your Energy Plus rate. Chances are if your rate was dramatically higher with Energy Plus it was probably a high price with the old monopoly electric utility you switched away from as well.
This is only my opinion and to help explain what the confusion might be with some people in Maryland, Connecticut, and New York in regards to their Energy Plus electricity bill looking higher than they expected. If I am missing something in my understanding of the issue please feel free to comment below.