What to Look for in an Electricity Providers Comparison

You have a choice when it comes to who supplies your electricity, though many people do not realize this. The number of electricity providers and electricity plans available is enormous, so it pays to do your research and find the perfect electric utility supplier for your home or business.

Even so, the process should be followed with a discerning eye. Not every plan is appropriate for every homeowner, and not every electricity supplier is created equal.

If you’re in the market for a new electricity supplier, be sure to pay attention to these important qualities:

  • Rates. First and foremost, it’s important to looks at the rate each provider is charging you—but remember, the lowest rate doesn’t always indicate the best supplier.
  • Contract durations. Each plan will have a term associated with it, usually in the span of years. Only select a plan you feel comfortable with, as early termination fees could apply.
  • Contract terms. Some contracts are more forgiving than others. Look out for contracts with extra fees or strange conditions.
  • History and reliability. Customer service and electricity reliability are extremely important factors in your service provider. Do your research to ensure you’re switching to a company who cares about you.
  • Diversity. When choosing a new supplier, look at companies who have a wide range of different plans and options.

Plug in your zipcode at Star Energy Partners to see what rates and plans are available in your area, and stayed tuned to the Star Energy Partners Insights blog to learn more about what you can do to lower your electric bill.