This means you have the power to choose your electricity provider from a variety of competitive companies.
This deregulation is designed to foster competition and potentially lower prices, giving consumers more control over their electricity rates and plan options.
Keep track of when your current contract is set to expire and start shopping for new plans ahead of time.
Use comparison tools and websites to find a new plan that offers competitive rates and suits your needs before your current contract ends.
Be aware of what happens at the end of your contract and any potential automatic renewals or rate changes.
Compare the cost of electricity per kilowatt-hour across different plans. This is a major factor in determining your overall bill.
Look for any additional fees beyond the per-kWh rate, such as administrative or account maintenance fees.
Consider how flexible the plan is in terms of changes in usage or switching plans.
Understand the duration of the contract and what happens when it ends. Some plans may automatically renew at higher rates.
Be aware of any fees for breaking the contract early, in case you need to switch providers before the contract ends.
