All questions deserve answers
Popular Questions provide answers to questions regarding our platform's capabilities and the benefits consumers get from freely choosing their energy supply companies.
General Information are general inquiries that allow you to understand the terminology and principle of energy suppliers' operation in Deregulated Markets.
Regardless of whether you are a residential or commercial consumer, switching the energy supply companies can save you a lot of money. Besides, if you own a business, you can use the money you save to develop your brainchild and improve your employees' working conditions. Switching the energy supplier will also allow you to experience all the benefits of deregulated markets (if available in your state).
While the energy supply companies provide the energy itself, your local Utility owns the infrastructure needed to deliver the service. Regardless of the supplier you choose, your Utility will have to take care of the energy supply management through its channels.
It depends on your location. The fact is that today residents of more than 20 states throughout the country, along with Washington, D.C., have every right to take advantage of the opportunities provided by deregulated energy markets. The available states also include Pennsylvania, Massachusetts, Ohio, Connecticut, Delaware, Maine, Maryland, Michigan, Illinois, Texas, New Jersey, and New York.
In some cases, if stipulated in the contractual obligations, you will have to pay an Early Termination Fee (ETF). This approach is standard for energy companies and other sectors of the economy - for example, for cellular providers. If you are unsure if the ETF is included in your contractual obligations, please contact your current energy supplier to clarify this detail.
No, you will not. Energy will be delivered over the same transmission lines as before (regardless of whether you are a residential or commercial consumer). The only thing that will change is the energy source, or rather its supplier.
Energy procurement provides end-users with complete freedom of choice regarding purchasing energy at the most favorable prices from trusted energy suppliers. In the long term, strategic energy procurement can allow consumers (both residential and commercial) to drastically save on their energy bills. Finding a suitable supplier looks simple enough on paper - however, today, the market is filled with energy companies, so manually comparing their offers is too complicated and ineffective. Besides, there are numerous pricing factors to consider when choosing the best deal on the market. Our platform was created, taking into account all the needs of consumers who want to find the best suppliers to provide them with the necessary energy resources at the best prices. Quickly and efficiently.
An energy supplier is committed to providing the energy it produces or purchases directly to end consumers. However, one should keep in mind that the power provided always flows through your local Utility. That is, in case of unexpected interruptions or outages, first of all, you need to get in touch with the Utility and not the energy supply companies. Our energy procurement platform is designed to provide consumers with a unique opportunity to find the best energy provider among the most trusted, reputable, and well-known suppliers.
The Utility is the very organization that deals with the laying of networks, installing poles, and replacing wires. It is also responsible for supplying energy resources to end consumers. It is the Utility that should be contacted in case you experience any energy outages or interruptions. Besides, you should also note that you cannot switch your Utility, unlike your energy supply companies.
In states that are subject to deregulated energy markets, consumers have the option of choosing third-party energy supply companies to provide them with the energy they need at a bargain price. Deregulation gives end consumers much more freedom of choice by strategically approaching the supplier selection process. Thus, the end consumer can take advantage of the most beneficial offers on the market and reduce their dependence on contractual obligations with the current energy companies. It is worth remembering that delivery, transmission, and distribution are still handled by your local Utility and not the vendor.