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How to Compare Electricity Rates

Written By: Adam Cain

Last Updated: 05/30/2024

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Comparing electricity rates can be a daunting task, especially for first-timers considering their energy options. The good news is that if you live in an area with Energy Choice, your options are plentiful. This guide covers everything you need to know about Energy Choice, comparing electricity rates, switching electricity providers and more.

At, knowledge is power and we’re here to help you make the most informed decision possible and shop for energy rates with confidence. Below you’ll find several helpful energy shopping resources to help you make the best decision!

Why Switch Providers?

Understanding Energy Choice

Energy Choice is a benefit that some U.S. consumers have which allows them to shop for the best electricity rates. Over the last several years, a number of states have begun to change the regulations in the energy industry in order to enhance competition between energy providers.

Learn About Energy Choice

Additional Energy Choice Resources

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Reading Your Electric Bill

Most consumers pay little or no attention to the breakdown of their electricity bill because the numerous sections and costs can make it pretty confusing. However, there are definite benefits to having a closer look at your bill.

How to Read Your Bill

Additional Electricity Bill Resources

Switching Electricity Providers

If you live in an area with Energy Choice, you're able to switch electricity providers and often find better electricity rates than what your local utility offers by default. This is because electricity providers are able to compete for your business and offer competitive electricity prices.

Switching Electricity Providers

Additional Switching Providers Resources

Comparing Electricity Rates In Texas

If you're a Texas resident, it's important that you're aware of the unique factors you must consider when shopping for electricity in the Lone Star State. Check out the following resources before you switch to ensure you're informed:

Comparing Natural Gas Rates

In addition to switching electricity providers, you may also be able to compare natural gas rates and save on the price per therm that you're currently paying. Residents in Ohio, Pennsylvania, Maryland, Illinois, and New York have the ability to switch both electricity and natural gas providers.

Georgia and Michigan residents can switch gas suppliers but must purchase electricity through their local utility.

Comparing Gas Rates

Compare Rates In Your Area Today!

Now that you’re armed with everything you need to make an informed decision, you can compare great rates from leading providers instantly on Enter your ZIP Code in the free Rate Comparison Tool at the top of the page for all competing offers in your area. Choose the best rate for you and make the switch in only a few minutes.

Energy Data Resources