We all want to find ways to cut costs on our monthly expenses — and if you’ve recently been experiencing higher-than-normal electricity bills, this is especially true.
According to the EIA, the average monthly energy bill for an American household is about $95.66. Luckily, you don’t have to spend that much — which is why many people are choosing to switch electricity providers.
Have you ever wondered if your current electric company might be charging you too much? By learning how compare electric providers, you can opt for the cheapest gas and electricity supplier in your area and save tons of money each month.
Here are the top four tips everyone should read before they switch electricity providers:
1. Compare electricity providers in your area: There are a number of different energy provider comparison sites available to you on the web. Best of all, they’re free to use. You should do your research to find the best alternative provider near where you live.
2. Contact the cheapest electricity supplier: When you find an electric provider that has a good reputation in your area and offers cheap rates on electricity, you should contact them to express that you want to switch electricity providers. You should tell them to begin service on the same date your current electric plan will end.
3. Cancel your current electricity plan: You will need to call your current provider and tell them you’d like to cancel your service and switch electricity providers. To do this, you will need your account number and the date on which you’d like their service to stop.
4. Enjoy affordable electricity: Once you switch electricity providers, you’ll be able to use more of your monthly income toward the other parts of your budget. Why pay more on electricity when you can save hundreds of dollars each year instead?
If your budget is tight, choosing to switch electricity providers can give you a little extra money each month. There’s no reason not to get the best deal for your utilities and save your money for other important things in your life.