This is a common term used by the professionals in this deregulated electricity retail marketplace. A Mil is one tenth of one penny in the language of the industry.
The REPs, consultants, aggregators, referral agents, portal website operators, door to door salesmen and others paying and earning commissions would prefer you not have this knowledge.
Study has disclosed that the commissions paid these middlemen by the REPs generally range from 2 to 5 Mils. Please take this fact into account when securing and using their services. Insure you are receiving a real cost saving benefit.
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