What is Standard Offer Service (SOS)?
In order for the retail electric industry to become competitive in Delaware per the Electric Utility Restructuring Act of 1999, Delmarva Power no longer has an exclusive franchise to serve retail electric utility customers. That means third-party suppliers can compete for customers within the Delmarva Power service territory in Delaware. Under the Restructuring Act, those customers who do not choose an alternative electric supplier will default to Standard Offer Service (SOS), which is provided by Delmarva Power throughout its Delaware service territory.
How often do customer SOS rates change?
New SOS rates are effective for the Summer on June 1 and for Winter on October 1.
What power plant is my electricity coming from?
it is hard to say. Two suppliers were publicly announced as winning a piece of the SOS load during this year’s competitive bid process, and a total of five suppliers serve all of the SOS load. The suppliers buy and trade the energy in the PJM marketplace so tracking its origin is difficult. The bid process simply ensures that we’ll get the needed reliable and competitive supply of electricity for delivery to our customers.
When will the Delmarva Power rates be available?
The new rates are already available on our website in the Tariff section.
What is Standard Offer Service?
Our customers who do not choose an electric supplier will receive Standard Offer Service (SOS). This means Delmarva Power both delivers and purchases electricity for supply to its customers.
How does Delmarva Power purchase supplies for its SOS customers?
We follow a PSC approved competitive bid process – twice each year Delmarva Power offers about 25 percent of the total residential and small commercial SOS peak load for bids. The bids are for two-year contracts. This approach has a dampening effect on price swings.
How often do customer SOS rates change?
New SOS rates are effective for the Summer on June 1 and for Winter on October 1.
How much load did each supplier win and at what price?
Pricing information is confidential in compliance with PSC Formal Case No. 9056 and 9064 which govern the SOS bidding process. Click here for publicly available data.
How do I choose a supplier other than Delmarva Power?
When will the Delmarva Power rates be available?
The new rates are already available on our Tariffs page.
What is the RGGI Rate Credit?
The RGGI Rate Credit is a monthly rate credit that is applied to the bills of all Maryland residential customers. The credit appears as a line item on the bill. It provides a billing credit to help offset surcharges for the cost of programs that will decrease energy demand and promote clean energy to fuel Maryland’s future prosperity. RGGI stands for Regional Greenhouse Gas Initiative.
Funding for the RGGI credit comes from the Maryland Strategic Energy Investment Fund, which receives proceeds mainly from the sale of CO2 emission allowances by the State of Maryland. The credit is a direct pass-through from the state to all residential electric customers and will be adjusted quarterly to reflect the latest sales of allowances.
