For citizens of Massachusetts, the energy market works a little differently. Thanks to deregulation, customers can choose from a wide variety of energy companies, in the same way, they would select an insurance business for their car. It's an open market and one that is filled with possibilities of energy saving and cost cutting. You might be thinking about switching to a different energy supplier while still getting your energy delivered by the National Grid. If you want to do this, the process couldn't be simpler.
What is the average electricity rate in the National Grid area?
To switch your energy supplier, you just need to look at Massachusetts electricity suppliers. Once you find the one that you believe is offering the best deal, then sign up in minutes online. Your switch will take place after the next meter read. In fact, in most cases, it can be a matter of weeks. It all depends on how long it takes your chosen company to process the request.
We understand that National Grid Electricity rates can be hard to understand. That??s why you have Electric Choice - the ability to compare the best electric price from over 30 licensed suppliers in Massachsetts.
The EIA (U.S. Energy Information Administration) states the typical rate for electricity in the National Grid region is presently 23.93¢ per kWh. Based on this price, you could see savings as large as 75% based upon a typical home using 1,000 kWh/month. That's big savings!
Note: The EIA average includes all taxes, transmission and supply fees. That is the “all in” rate and includes all the utility fees and the retail electricity costs. We provide the same “all in pricing” so you get the real “apples to apples” price comparison when you??re shopping for energy rates in Massachusetts.
1. Your Account Number. You'll need this when you switch suppliers
2. Your Service Address Information
3. Your supply charges (
4. Your delivery charges - (the cost to deliver electricity to your house - the "Poles and Wires" charges)
5. Your supplier information (Who your competitive supplier is)
Does This Mean National Grid Stops Providing My Energy?
No, you'll still get your energy from National Grid. They will deliver your energy or electricity, but they won't supply it. You'll still pay your electricity bill through National Grid, but your "supply portion" of your bill will be provided by a competitive supplier. National Grid will still provide you support if you have any problems. For instance, you will still be able to contact them in the event of a storm, outage, or downed power lines.
What Steps Should I Take Before I Switch?
Well, your first step should be to check the cost of your current energy contract. You need to look at the National Grid electricity rates that you're paying and compare them to other companies on the market. This is the only way to ensure that you will definitely be getting a better deal.
Next, you can look at the cost offered by your new energy supplier. Remember, there is more information to consider here than just the average monthly cost. You need to think about the length of the contract, the terms, among other important details. Don't forget that once you switch this is the company that will be handling your energy bill and rates. Make sure that they provide an excellent level of customer service. It's worth checking that you can contact them easily and find out all the information that you might need.
Finally, you need to do the math. Compare their supply cost to what you're currently paying and then multiply it to find out your annual bill. Don't forget to take into account any savings you currently get that might be relevant. Once you have done this you should be able to work out whether it's worth switching.
Is It Beneficial To Switch?
The answer to this question will vary depending on the electricity rates that you're currently paying. You will also have to look at any savings that you might be able to access now that you won't if you switch. However, if it looks considerably cheaper than switching might be the best option. In fact the National Grid encourages their customers to find the best deal for themselves.
MA Energy News:National Grid Electric Rates To Rise 300%
MA Could Cut Carbon with Maine Wind
Shop the Best Electric Rates in Massachusetts