Where we work

We serve every deregulated electricity market in the U.S.

If your business can choose its electricity supplier, we can audit your contract, benchmark your rates, and run a competitive tender on your behalf.

Coverage

Independent advisory across every major ISO

Deregulated electricity markets let commercial businesses buy power from competitive suppliers instead of the incumbent utility. That competition creates opportunity — and complexity. Rates, pass-throughs, capacity tags, and contract structures vary widely by ISO and by state.

Keystone operates in every one of them. We know the local supplier landscape, tariff quirks, and renewal windows so we can put a defensible procurement strategy in front of your board — wherever your meters are.

Deregulated electricity markets we serve

17 states + Washington D.C. with retail electric choice for commercial accounts.

  • Texas
    Fully deregulated for most of the state
    ERCOT
  • Pennsylvania
    PJM
  • Ohio
    PJM
  • Illinois
    PJM / MISO
  • New York
    NYISO
  • New Jersey
    PJM
  • Maryland
    PJM
  • Delaware
    PJM
  • Virginia
    Limited eligibility
    PJM
  • Washington D.C.
    PJM
  • Massachusetts
    ISO-NE
  • Connecticut
    ISO-NE
  • Rhode Island
    ISO-NE
  • New Hampshire
    ISO-NE
  • Maine
    ISO-NE
  • Michigan
    Choice program (capped)
    MISO
  • California
    Direct Access (capped) & CCAs
    CAISO

Natural gas procurement

We also advise on commercial natural gas contracts in choice-enabled markets, including:

GeorgiaFloridaKentuckyIndianaWisconsinNebraskaMontanaSouth DakotaIowa

Regulated states

In regulated markets, businesses can't switch suppliers — but we still help with tariff optimization, rider analysis, demand-charge mitigation, and on-site generation economics. Ask us about your specific utility.

Not sure if your state is deregulated?

Upload a recent bill and we'll tell you within minutes — plus flag anything competitive suppliers would immediately negotiate.