Imagine you're at the grocery store. There are two bottles of water for sale. Same water inside. The same packaging, even. The only difference is the price. It wouldn't be a difficult choice. Most likely, you'd pay the lower price, keep more of your money, and enjoy your drink. Luckily, the decision to switch electricity providers can be that simple, as well.
Should you switch electricity providers?
Some people feel unsure when they switch electric providers. What if the new provider doesn't buy enough power and causes you to lose electricity? Or what if their maintenance crews aren't as fast or efficient?
However, who you choose as your retail electric provider (REP) has no impact on the generation of electricity or its delivery to your home.
How can you tell what's inside the water bottle, so to speak?
REPs are not responsible for, nor do they have preferential access to the wires or other infrastructure. This is the job of the Transmission and Distribution company (TDSP), and the TDSP is the same for all REPs serving in the same area. When you sign up with a provider, the TDSP reads your meter and notifies them how much you used. This allows the provider to calculate your bill, including their fees. In other words, the provider's role is strictly financial and has no impact on the actual energy delivered to your home or business.
So, if it's the exact same electricity you would get either way, why not pick the provider that gives you the best price for it?
There's a better way.
Fortunately, Energy Ogre monitors the market for hundreds of rate plans offered by hundreds of electric providers. Our proprietary systems scan through the fine print in the contracts and select the offer that makes the most sense for your home. We take into account rate variability and fees that can sometimes be hidden. Try our Savings Calculator right now to find out if we can help you pay less!