Electric Energy Deregulation
"To remove government regulatory controls from (an industry, a commodity, etc)." This is the definition of deregulation according to Dictionary.com.
Deregulation in the markets Champion Energy serves has prompted countless consumers, like you, to exercise their legal right to select a Retail Electric Provider and electric plans that meet their specific needs. To learn more about deregulation in the states Champion Energy serves, simply click on one of the following options.
Texas PUC Website
Illinois Commerce Commission
In 2005, the Delaware General Assembly established a renewable portfolio standard (RPS) requiring suppliers of electricity to purchase a minimum amount of their electricity from renewable sources or else make an alternative compliance payment for the amount of the shortfall. This system is administered through a system of renewable energy credits (RECs) and solar renewable energy credits (SRECs) to track the sale of renewable and solar generation.
Beginning with sales as of June 1, 2012, Delmarva Power & Light began to charge all of its distribution system customers for RPS compliance costs through a “non-bypassable” charge based on the weighted average cost of the RECs and SRECs supplied by Delmarva. If you are an end-use customer of Delmarva’s distribution system, these charges will appear on your bill.
For those end-use customers supplied through contracts entered into before March 1, 2012 that already include an RPS compliance cost (Transitional Retail Contracts), Delmarva will credit the distribution portion of the bill by the amount equal to the non-bypassable charge for the duration of the Transitional Retail Contract.
More information can be found in the Public Service Commission’s “Rules and Procedures to Implement the Renewable Energy Portfolio Standard,” Title 26 (Public Utilities): 3000 (Energy Regulations), Section 3008 of the Delaware Administrative Code (available at: http://regulations.delaware.gov/AdminCode/title26/3000/3008.shtml) or by contacting Champion toll-free at 1-877-404-0842 or email@example.com.