Brilliant Source

Rising Energy Rates: How Brilliant Source Energy’s New Residential Services Can Help

Are you feeling the impact of increasing energy costs? Well, you’re not alone. Last season, home heating costs were up almost 36%, marking a ten-year high, and electricity costs climbed over 10%. As summer is approaching, it is likely the costs will remain high. While you prepare to keep cool in the warmer months you may be searching for options to keep your utility costs down. This is especially true for the Ohioians impacted by NOPEC’s (Northeast Ohio Public Energy Council) decision to drop over 550,000 customers last year. Luckily, Brilliant Source Energy’s new Residential Services can help you keep your home utility costs in check.

Why You’re Paying More to Power Your Home

The surge in energy prices has put a strain on many Americans’ wallets. In fact, in recent years, it is estimated that 20% of households were unable to pay their energy bills. In addition, residential electricity consumption alone accounts for 21% of the total energy consumed in the US, contributing to the upward trend of energy prices. This rise in energy costs can be attributed to several factors, including the global supply and demand of natural gas, which generates almost half of America’s electricity. Another factor is the limited oil production and ongoing problems with the supply chain. These factors, combined with the continued impacts of the Russia-Ukraine war, have created a challenging environment for households to manage their energy expenses.

NOPEC’s Impact on Ohioans

Ohio is one of the states hit particularly hard by the recent surge in energy rates. Last summer, NOPEC dropped over 500,000 customers to the SSO (Standard Service Offer) after its energy costs spiked. This was not an isolated decision, as other Ohio energy aggregators also temporarily dropped a combined 100,000 customers. While this is a reminder of the challenges households face with fluctuations in energy rates, it also provided customers with the opportunity to explore better energy options. With Brilliant Source Energy’s new residential services programs, households can better manage their utility costs with reliable energy plans.

Introducing: BSE Residential Services

Brilliant Source Energy’s new Residential Services can help Ohioans manage their energy bills. We are providing customers with affordable, flexible, and reliable energy plans with low fixed-price electric and natural gas rates. These services provide a convenient solution for customers looking to reduce their home utility spending. As rates continue to rise, it’s essential to find ways to save money on energy bills. Brilliant Source Energy’s Residential Services can help ease the impact of increasing energy rates. These plans allow you to take control of their energy bills.

Visit the link below to learn more about how Brilliant Source Energy’s Residential Services can help you save money on home utilities.

Related Post

Uncategorized

What U.S. Energy Buyers Can Learn from EU Energy Transition Strategies

As the global energy landscape undergoes a significant transformation, the European Union (EU) is offering a fresh, pragmatic perspective on managing the transition. Recently, EU leaders have emphasized the importance of transparent, realistic conversations around balancing decarbonization targets with economic and energy security concerns—an approach U.S. energy buyers can apply to their procurement strategies.

Read More »
Uncategorized

Navigating the Path to ESG Compliance with Emission-Free Energy Certificates

Environmental, Social, and Governance (ESG) standards are becoming essential benchmarks for businesses committed to sustainability and ethical practices. Meeting ESG goals can enhance a company’s reputation, improve stakeholder trust, and attract environmentally conscious customers. Emission-Free Energy Certificates (EFECs) offer a streamlined approach to achieving the environmental aspect of ESG compliance, helping businesses offset carbon emissions and support clean energy initiatives.

Read More »

Cost of Conflict: Why You’re Paying More at The Pump

What is the cost of conflict? Devastating events continue to unfold in Ukraine and the effects are rippling around the world. With sanctions set in place, you have likely already felt the effects at the gas pump. President Biden signed an executive order on March 8th banning imports of oil, natural gas, and coal from Russia. While Russia is currently the world’s third-largest exporter of crude oil and the world’s second-largest exporter of natural gas, only about 8% of U.S. oil and refined product imports came from Russia in the last year.

Read More »