1. Personally continue to buy from the supplier who has always provided your electricity before deregulation.
ADVANTAGES Stay with same familiar supplier
DISADVANTAGES Familiar supplier’s prices are usually higher than shopping for competitive quotes
2. Personally contact multiple supplier’s you learn about from the internet, e.g. www.powertochoose.com, friends and neighbors, get quotes on different terms and conditions and then select a supplier based on criteria you personally establish.
ADVANTAGES Can lower your electricity costs by shopping for lower electricity rates
DISADVANTAGES Need to learn about the electricity industry, pricing options, and reliability of suppliers
3. Use an electricity broker like you would use a real estate, insurance or stock broker, etc. to obtain quotes, explain buying options, make recommendations and help execute a contract between you and a supplier.
ADVANTAGES Using a knowledgeable and trusted broker, e.g. eElectricRates can save you money without becoming a buying expert
DISADVANTAGES Need to find an experienced and knowledgeable broker who charges reasonable fees for their services