How to Compare Electricity Providers for a Good Value


We all use electricity—in our homes, at our places of employment, and even as we take the subway or walk down the street. In fact, electric service is something so ubiquitous that we almost don’t notice it. When you move to a new home, you take for granted that you’ll be told who your utility company will be, and that utility company will get to choose the supplier who provides your home with light and heat. But what if it didn’t have to be that way?

While it’s true that your utility company is designated by your zip code, it’s important to know that there are multiple suppliers that provide service to each zip code out there. That means that if you aren’t happy with your supplier, perhaps because your electric bill is higher than you think it should be (or could be), you can look for an alternate supplier to do business with. Let’s take a deep dive into how you can compare electricity to ensure you’re getting the lowest price and the best service.

Do your online research.


The first thing to do when you’re comparing electric suppliers is to go online. There are services built for just this purpose out there, electric plan calculators, that can help you understand the ins and outs of the various suppliers in your area. As you’re researching, don’t just read about the rates. There’s a lot of information that goes into the contract terms, and it’s a good idea to read the fine print. Is this alternate supplier using green energy or natural gas? Is green energy even important to you, or would you rather forgo it for a lower electric bill? These are personal decisions that can impact the amount of money you end up paying your utility company each month, so it’s worth reading all the information that the comparison tool gives you.

Ask the people you trust for their opinions.


Do you have a few neighbors you can count on for candid advice? Ask them what they think. Have they gone for a new energy supplier? If so, how complicated was it for them to switch to that alternate supplier? Are they happy with their electric rates as they are? Sometimes it’s as simple as sitting down with your neighbor for a cup of coffee and getting their take on the situation.

Check your local neighborhood message board.


If you’re new to the neighborhood and don’t know many people who share a zip code with you, or you just don’t get along that well with the people next door, you can also look to a local online message board for wisdom. This tactic is kind of a win-win for you anyway—you’ll get some great advice on which electric providers or suppliers are the most popular in the area, and you’ll meet new people you just might be best friends with. Whether you’re looking to find the best renewable energy supplier in your zip code or just to lower those electric rates, asking a local online community is a great way to get guidance. Just do a quick Google search for a Facebook group with your neighborhood in the title, and you’ll be well on your way.

It’s not that hard to find a new energy supplier who can lower your rates and provide you with the electric supply you’re looking for. Start with an online search for a comparison tool, and then ask the people in your area what they think. Once you’ve gathered the information, you’ll be ready to make an informed decision and light up your home exactly the way you want to.

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