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Stop Overpaying Your Utility Company By Comparing Electricity Providers Today

By Emily Williamson·
Stop Overpaying Your Utility Company By Comparing Electricity Providers Today

Anyone in a deregulated US state is allowed to change electricity providers. These 17 states are:

  • Connecticut
  • Delaware
  • Illinois
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Montana
  • New Hampshire
  • New Jersey
  • New York
  • Ohio
  • Oregon
  • Pennsylvania
  • Rhode Island
  • Texas
  • Washington DC

If you are lucky enough to live in one of these states, then you may be able to make some serious cost savings in your business or home just by doing some simple provider comparisons. Reducing your electricity bill will also help reduce the impact on our environment.

How to understand your bill

There are a number of price comparison tools out there, though it’s important to understand your bill before you shop around, so you can make an accurate comparison. Your last electricity bill should give you all the info you need to do this.

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Delivery or distribution charge

This is what you pay your provider for keeping all the stations and power lines in good working order so the power can reach your home or business.

Supply or generation charge

This is the cost of the actual electricity you have used. The unit of measurement is kilowatt hours, and you pay for the number of kilowatt hours that have been used.

Choosing your provider

Make sure you choose a well-known and trusted energy provider, and choose the length of contract that is right for you, whether that’s 6 months, a year, or longer. Also, be aware of the differences between fixed and variable rates. A variable rate can change as often as every hour, and you can save a lot of money – just as long as there are no very high or low temperatures to put a sudden rush on demand. A fixed rate is a good idea if you need to follow a budget but you may not always get the best rate possible as a result.

Other tips

If you are looking to save energy in your home then there are some basic tips you can follow. Consider turning down the thermostat in the winter, remember to switch off lights when you’re not in a room, and turn off all non-essential appliances when you’re away from home.

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Emily Williamson

About the Author

Emily Williamson

Emily Williamson is a personal finance expert dedicated to helping readers find genuine savings and smart shopping strategies. With years of experience in consumer finance, Emily combines practical advice with trusted insights to guide you toward smarter financial decisions.

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