In contrast Pennsylvania acting consumer advocate Tanya McCloskey said that she did not see â€œa lot of valueâ€ in variable rate products provided to residential customers.
Variable rate customers in her
state paid as much as $0.44/kWh this winter, with some residents reporting monthly bills in excess of $2,000.
did not think it was appropriate for 100pc of the risks of wholesale electric prices to fall on residential customers who might not know the risks.
said that if consumer confidence wanes, the markets for competitive products would suffer, noting that 30,000 customers in her
state recently switched to their default service providers.