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They agree to buy rooms from hotels at a deeply discounted wholesale rate.
The sites then pay the hotels a negotiated wholesale rate for the rooms.
But in states like Wisconsin, the monopolies pay wholesale rate and not retail rate.
"As the wholesale rate for electric power goes above the capped rates, it basically freezes out competition".
The Baby Bells were meant to lease parts of their networks to competitors for a "reasonable and just" wholesale rate.
The resorts, he'll explain, will give teachers a wholesale rate for the students they sign up, on top of which the teacher adds his or her fee.
Similar(27)
Matching wholesale rates would be sufficient to spur a rush to small solar power.
It gave the company two months to reduce wholesale rates further, or face further sanctions.
Now buyers could choose from the lowest prices, resulting in a steep decline in wholesale rates.
People then buy the electricity at wholesale rates from power utilities.
State officials said that they expected the Bell companies -- Verizon Communications, SBC Communications, BellSouth and Qwest Communications -- to slowly raise their wholesale rates.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com