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How to Compare Electricity Rates
Table of Contents
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 ElectricityRates.com, 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.
Additional Energy Choice Resources
- Electricity Plans: Understanding Your Options
- How your Energy Supply Works
- What is a State Public Utilities Commission (PUC)?
- Energy Deregulation History
- Energy Deregulated States
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.
Additional Electricity Bill Resources
- How to Lower Your Electricity Bill
- What is a Kilowatt-Hour KWH
- Finding Your Supply Rate
- Why Your Electricity Usage Matters
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
- Switching to a 100% Renewable Energy Provider
- Role of a Utility vs. Retail Energy Provider
- Glossary of Energy Terms
- FAQ’s about Switching Energy Providers
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 Texas Electricity Rates
- Power To Choose In Texas
- Best Texas Electricity Providers
- How Texas Electricity Bills Are Calculated
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.
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 ElectricityRates.com. 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
Energy Choice Blog
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Eversource CT Rate Hike Coming in 2025
Learn about Eversource's 2025 rate hike, its impact on CT energy bills, why it's happening, and tips to save despite rising costs.
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PPL Rate Hike in December: What PA Customers Need to Know
Discover how PPL’s December rate hike affects Pennsylvania consumers and find practical tips to help you save on your energy bills this winter.
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ERCOT Power Grid Set To Connect To U.S. Grid
In a giant step for energy security, the infamously independent Texas grid (ERCOT) is preparing to connect to the U.S. grid. The Biden-Harris administration has committed a $360 million federal grant for this vast project as part of their ‘Investing in America’ program.
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