I remember reading several years ago that people who change from the default carrier end up sometimes paying more than they would with the default carrier…
Is anyone doing this?
Seriously what can be saved in a regular household on a monthly basis?
Every flyer I’ve received has sounded sketchy as hell so I’ve always just tossed them with the rest of the junk mail.
On the NOCO link you posted their bold print is bragging about saving 3% on something that makes up probably less than 20% of your bill. If that’s what they’re bragging about in their bolded statement I’d hate to see the fine print.
you can get a list from the state and go down the list looking for the best fixed and variable rates… there’s some money to be saved, but it’s not an insane difference.
i really looked into this about 18 months ago when i first got my apt, and it was going to be a differance of about 8-11 dollars per month on my $75 bill… not much
be careful, a bunch of companies have “intro rates” which will initally save you like half your bill… then you get a surprise in 90 days…
the best way i found to do, was to “lcok in” your rates before hand… but i couldnt do that since i knew i would be moving before 12mo was up, and if you move, you loose the rate and the remaining “gas” you prepurchase
On topic, when this was deregulated I think everyone was hoping for the kind of competition you saw with the phone companies. The problem is the phone companies had a cost of building the network then a tiny cost maintaining that network. Gas and electric have a cost building the delivery system, maintaining that delivery system, and a huge cost constantly replenishing the product they’re selling you. There isn’t a lot of room for competition to lower the price IMO.
just decide if you want fixed (you think rates will go up) or variable (you think rates will stay the same or go down).
then pick the cheapest. you don’t need trustworthy, only cheap. it’s not like you’re getting a higher quality of electricity or that one of these companies will go under and you lights will shut off.