Getting The Most From Your Energy Suppliers

In a number of states around the country, residential customers have been empowered to make their own choices in terms of energy suppliers. In the past, homeowners would be forced to use the energy provided by the utility company, and the bill was set in place. Now, thanks to deregulation, you’re not limited to just one energy supplier. You can make a choice based on prices, whether or not a company utilizes green energy production methods, or any other factor that you deem important.

Ensuring You Get The Most Out Of Your Energy Suppliers

The utility company will still play a big part in the overall process, since your home is connected to the larger power grid along with every other spot in the neighborhood. However, the source of that energy is now your choice, which is what the energy supplier provides. If you’re making a choice about where you should get your energy from, you need do some research and ask the right questions.

Do They Have Flexible Contract or Pricing Options?

With any energy supplier, you’re probably looking at either a fixed-rate plan, or a variable-rate plan. When vetting the different suppliers, one of the first things you need to be asking about is the type of pricing plan they offer. A fixed rate plan ensures that your rate won’t fluctuate, regardless of any changes to the area’s supply and demand. Some people are really set on having this type of consistency, but that means your bill will always be the same, even in times of low demand.

Alternatively, you could opt for a variable-rate plan. As the name implies, rates are going to  change depending on a couple of factors, and this could be both a good and a bad thing. For example, during the summer, more people are going to be using up electricity because of air-conditioning. This high-demand usually means higher rates. However, the flip side is that anytime there’s a low-demand for power, your bill will accurately reflect that. This is why doing enough research is important to finding the best available rates plan.

Is Paying Bills Structured The Same Way?

You need to be talking to any new potential energy suppliers about the bill structure they offer to clients. As mentioned earlier, the supplier and the utility company both handle different aspects of the service. You don’t want to find yourself in a situation where you’ve been neglecting an energy bill (either from the utility company or the energy supplier) and only paying one. Make sure you talk to the energy supplier about the possibility of combining bills with the utility company and so you only need worry about one monthly bill.

Working With Star Energy Partners

When Star Energy Partners was founded, we set out to break the mold, and pride ourselves on not being like your traditional energy supplier. When partnering with anyone, we want to help them change the way they see their energy bill, and do so in a simple, straightforward way that empowers the end-user. By working with not only state-of-the-art technologies, but thought leaders in the renewable energy industry, we’re giving people the power to take back the planet and their energy bills.