A valuable membership benefit that saves you money!
Our 2018 electric buying group will provide an opportunity for savings for chicken growers, allied business Our electric buying group provides an opportunity for savings for chicken growers, allied business members of DCA, and large residential electric buyers served by Delmarva Power (with a minimum average monthly electric bill of $500 over 12 months). The current electric buying group, formed in 2018, is the largest electric aggregation buying group on the Delmarva peninsula, with 550 DPI-member participating accounts.
Hundreds of DCA members have saved over $2 million through previous DCA electric buying groups. Participants in the current buying group pay a fixed rate of 7 cents per kilowatt-hour for electricity, lower than Delmarva Power's equivalent default tariff supply rates.
To be a part of the new electric buying group, which will take effect in November 2018, you must enroll by August 31, 2018. We are expecting to execute a multi-year electricity supply contract at a flat, fixed price that will cover the period of November 2018 through November 2021. The length of the contract will depend upon energy market prices this autumn, but we are hoping to lock in a new rate below the current, expiring contract rate as well as below Delmarva Power's default tariff supply rates.
To qualify for the next electric buying group, which will be formed in 2021, you must be a DPI member with a minimum dues payment of $150. Additionally, you must agree to be a DCA member with a minimum annual dues payment of $150 for each year of the electric buying group. DCA will share more information on the upcoming 3-year electric buying group in 2021.
"By belonging to DCA's electric buying groups for more than 10 years, I've saved thousands of dollars on my Delmarva Power bills. The savings are crystal-clear when I look at my statements, and that's why I'm a lock to join the next buying group. Enjoying those savings is a significant reason for my continued membership in DCA."