Have you been looking for
ways to save money on your NJ electric rates? Conserving energy is one option.
But another option is to shop alternative NJ electric suppliers to find a
company which can give you the same great product at a lower rate.
However, if you’ve ever
shopped for NJ electric suppliers in the past, then you know there are
certainly a lot of options available to you.
So before you sign on the dotted line with a different NJ electric
company, be sure to consider these issues…
Are you being offered an
introductory rate from the NJ electric company?
Some alternative NJ electric
suppliers offer lower rates or discounts for a fixed period, such as for the
first three months, six months or more after a new customer has signed the
contract. These discounts are a great bonus, but just be sure that you
understand what your NJ electric rates will be after the promotional period is
over.
Does the NJ electric company
offer fixed-rate or variable-rate billing?
When your NJ electric
company offers fixed rates, it means that you’ll pay a pre-determined amount
for your energy supply, no matter what the market price is for the energy.
If you choose to pay a
variable rate through your NJ electric company, then you’re paying market
rates. That means that if the price for energy goes up, you’ll be paying more
than you’re currently paying for your NJ electric rates. If the market price
goes down, however, then you’ll see lower NJ electric rates.
Obviously, choosing variable-rate
billing is a gamble. If you want to be sure that your NJ electric rates are
lower, then shop alternative NJ electric suppliers with lower rates than you’re
currently paying, and choose fixed-rate billing.
What are the contract terms
with the alternative NJ electric company?
Be sure to read the fine
print on the contracts for the different NJ electric suppliers that you’re
comparing. For example:
- How long is the contract with the NJ electric company?
- What happens to your NJ electric rates once the contract period ends?
- Is there an early termination fee if you end your contract with the NJ electric company?
- Do you get any discounts with the NJ electric company if bundle products and services?
How much money will you save
when you switch to a different NJ electric company?
This is the big question, and fortunately it’s easy to find out. Simply
go to maketheswitchusa.com, and you’ll be able to compare rates among
alternative NJ electric suppliers. So take a look right now, because you may be
surprised at how much you can lower the “supply” portion of your NJ electric
rates!
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