{"id":1040,"date":"2024-04-12T15:21:10","date_gmt":"2024-04-12T20:21:10","guid":{"rendered":"https:\/\/www.maenergyratings.com\/blog\/?p=1040"},"modified":"2024-04-12T15:21:13","modified_gmt":"2024-04-12T20:21:13","slug":"how-to-shop-ma-electricity-rates-and-save","status":"publish","type":"post","link":"https:\/\/www.maenergyratings.com\/blog\/how-to-shop-ma-electricity-rates-and-save\/","title":{"rendered":"How to Shop MA Electricity Rates and Save"},"content":{"rendered":"\n

Save With Best MA Electricity Rates<\/h2>\n\n\n\n
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Better informed customers always make better choices about their energy needs. Find out the simple tips that can help you shop the best MA Electricity Rates.<\/em><\/center><\/figcaption><\/figure><\/div>\n\n\n\n

Earlier this month, the MA Attorney General’s Office announced the findings of an 8 year study<\/a> about the state’s energy choice market. The study concludes that ratepayers overpaid $577 million more on their electricity bills if they had stuck to basic service rates. While this does sound bad, the study does point to the period from July 2022\u2013June 2023 when customers realized about $30.4 million in net savings for the year. This tells us that savings are possible in the MA energy choice<\/a> market. But how do customers actually save on their MA electricity, especially with the volatile natural gas market?<\/p>\n\n\n\n

The simple fact is that you have to how to shop for the best energy plans<\/a> in town. So let’s find out how you can shop and save with the best MA electricity rates.<\/p>\n\n\n\n

How To Shop Cheap MA Electricity Rates<\/h3>\n\n\n\n

Before you start shopping, be sure to jot down your utility’s basic service rate because you’ll compare it during the shopping process. Keep in mind that basic service rates change twice per year. For example, Eversource<\/strong> is currently charging 17.552 cents per kilowatt-hour (kWh) through to the end of July. If we compare that to the 577 kWh<\/a> of energy used by average in MA, this means a monthly supply charge of about $101.<\/p>\n\n\n\n

Once you have that info, check out competing electricity rates<\/a>. Look for plans that are cheaper than the basic service rate and last longer than six months. Like right now, Constellation<\/a><\/strong> is offering the 20 Month Home Power Plan<\/strong>, for 13.49 cents per kWh, or about $77.83 monthly supply charges (nearly $30 less than Eversource<\/strong>)! <\/p>\n\n\n\n

Also, remember to read and understand a competitive supplier’s terms of service. The terms of service can include things like late fees, monthly service charges, early termination fees, and most importantly what happens when your contract ends. Be sure understand these terms before you agree to the plan. <\/p>\n\n\n\n

More Energy Shopping Tips<\/h3>\n\n\n\n

You can always find the best deals when you shop Massachusetts electric rates. The key to shopping smart is to learn how the market works and stay informed on what it’s doing. So follow these protips:<\/p>\n\n\n\n

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