As a resident or business in a deregulated state such as Connecticut, Massachusetts, New Jersey and Pennsylvania, you have the opportunity to compare and switch to a new electricity supplier and lower your bill. However, with so many options, choosing the right service can be time consuming.
Understanding Your Electricity Bill
First, to choose the right electricity supplier, you need to know some things that you may not know about electricity supply. One is about the rates that you pay for power supply. Your electricity bill is split into two portions including Generation Charges and Delivery Charges (still regulated by the utility).
When choosing a power supplier in Connecticut, you should switch if you can find a lower rate than you are paying and one that is also competitive with the current utility rate.
Popular Electricity Suppliers
Let’s cast a look at some of the leading names in electric power supply in the state of Connecticut.
Why Should You Switch?
There are several reasons why switching electricity suppliers makes sense.
Some Questions to Ask
How much is your fixed rate?
How long is the term?
What is the cancellation fee?
Is there any enrollment fee?
What happens to my rate at the end of my term?
Do you have any extra promotions?
The Final Word
Finding and switching power suppliers becomes quite easy if you know how to do it. You need to find a supplier who is competitive with great customer service. There are many reputable companies to choose from each with different rates terms and details. Be sure to compare your options and make the best decision for your home or business.