Since 1996, power has literally been placed in the hands of consumers. It started when the Federal Energy Regulatory Commission issued an order that opened the transmission lines to competitors. Its primary objective was to foster competition in the generation and sale of electricity. It is also a way to challenge established energy companies to provide more efficient service, improve their product and its accompanying services, and reduce prices.
Electricity deregulation is a good thing for consumers as it gives them the right to choose the most affordable and efficient service they can find. It may be a challenge to filter dozens of providers that have sprouted since the de-monopolization of energy source. Below are a few considerations to keep in mind when choosing your energy provider.
Because you pay for electricity service, you deserve to know what is being charged. Unfortunately, not all electricity companies put the details in. In choosing an energy company, look for one that is upfront with its charges, and having someone in the company patient enough to explain the details behind every dollar it charges you.
Be wary of companies that offer low rates for a certain period. These companies change their rate (to a higher charge) after customers sign the service contract.
Help and assistance
Logically, people go for a price-efficient electricity company, such as Expert Energy, that offers the best combination package of quality product and efficient service that makes even a bit of a high price worth it. The search can be tedious, but any good company has excellent customer service to assist you and answer your questions, as well as guide you to an online information source for price-analysis and comparison.
These sites don’t list their recommendations based solely on price. They handpick the energy providers in their list by considering other factors, such as payment options, customer service, financial stability, business ethics, experience, and record of innovative products and services. Their site is easy to use; all you have to do is enter your zip code or state, and your utility service area. After clicking on your search, you will be presented with options that put in detail the company’s rates, terms, product details, and terms of service.
You now have the power to choose. Make your decision around what works for your budget and home.