If you live in a deregulated region, then you have the power to choose your electric company. However, before shopping around for rates, calculate your current energy costs by looking at the supply charges on your most recent electricity bill.
Then, compare the prices different providers offer to find the best deal.
Reputation
You’ll want to choose an electricity company that has a solid reputation. Look for companies with excellent customer service ratings and a history of responsible business practices.
Since deregulation created the right to choose an electricity provider, many independent energy services companies (ESCOs) have entered the market. High competition means shoppers can save money and find plans that fit their needs.
One of the best ways to check an ESCO’s reputation is by entering the company name into a search engine and reading the results. You should keep searching for a different option if there are multiple negative reviews.
In addition to a good reputation, you’ll also want an electric company that offers convenient features that make managing your account and service easier. For example, some electricity providers offer real-time apps to monitor your usage and energy consumption. You can also use these apps to report power outages and view maps of current outages with estimated repair times.
Another convenient feature is online bill pay. Several electric companies allow you to sign up for automatic, no-hassle withdrawals from your bank account to eliminate the need to call customer service and wait on hold. You’ll also want to determine if the company uses renewable energy resources and supports sustainability programs in your community.
Customer Service
In addition to rates and plans, many electricity companies in Houston offer various other services like free LED light bulbs, bill credits, energy-efficient appliance rebates, and donations to charitable causes. They also have customer service departments that can answer your questions about your account and any problems you may encounter.
If your state deregulated its energy market, you can purchase electricity from a different provider. In New York, you can find dozens of electricity suppliers who compete with each other to win your business by offering competitive plans and rate options. Some even provide a fixed-price plan for customers who prefer predictability in their energy costs.
The best way to find an excellent electricity company is to shop around and ask questions before committing. Then you can compare plans to ensure they are right for your apartment. Be aware of an attractive kWh rate, though. You’ll likely pay hefty fees that make the rate seem more expensive than it is.
Look for a company that has a good track record when it comes to customer service. Check online reviews and ratings, and see how they respond to issues and complaints. Some even use features like live chat to connect with their customers quickly and effectively.
Rates
When looking for an electricity company, you will want to pay attention to their rates; since New York is a deregulated energy market, electricity suppliers compete to offer the best plans and rates. Many companies offer new customers special offers that can save money or provide free energy-related equipment. It is also essential to know that some suppliers have variable rate plans that fluctuate with the market. Other providers have fixed rates that are locked in for a set term.
Another thing to look for is if the company has green energy options or rebates for customers that take steps to be more efficient. These rebates include cash back on energy-efficient appliances, smart thermostats, or discounted lighting installation. Many of these offers can save you a lot of money, especially in Houston, where electricity prices are so high.
The best way to find the best electricity rates in Houston is to compare prices with a tool. These tools will help you compare electricity rates from all the different suppliers and choose the right plan. Just enter your zip code and a few other pieces of information, and the site will show you which electricity supplier is offering the best deal for your home.
Installation
Before you decide on an electricity company, make sure they are certified by your state as a legitimate supplier. Licensed suppliers must meet specific requirements to ensure they are ethical, responsible, and reliable. You can check with your local government to learn more about how this works in your area.
You can choose your own electricity company if you live in a deregulated state. This has created a competitive market, and companies compete for your business. They may offer a better rate than your current utility. They also provide additional perks and incentives to keep you as a customer.
Electricity companies purchase wholesale power from a generator and sell it to the local distribution company for customer transmission. They also work with the public utilities commission and other state agencies to ensure they meet standards and regulations.
While comparing rates, plans, and contracts from so many electricity companies can seem confusing, finding a deal that meets your needs is possible. You need to take the time to do your research. Start by reviewing your current bill to determine your annual electricity needs, and then look for a provider that offers a plan that fits those needs. In addition, you can use handy tools from the provider to help you manage your energy usage and keep track of bills.