Energy Deregulation by States
Shop My Power, The Best Way To Compare Electric Rates
Power deregulation has changed the way consumers shop for electricity. Many people today are looking for ways to save money on energy by researching rates of different energy providers. Shop My Power provides consumers with the information they need before they choose an energy provider. Our goal is to make it easy to compare electric rates of different energy providers that service your area.
Shop My Power allows energy companies to compete for your business. Our company provides a clear comparison of the available rates that providers are offering for energy, so that consumers can make informed decisions when choosing their energy provider.
Power deregulation has created the opportunity for consumers to be smarter with the money that they spend each month on their utility bills. It is very possible that the default power provider in your area isn't offering you the best rates for electricity. With a little bit of research, you might be able to find an energy provider that can make your electricity bill more affordable. Shop My Power makes it easy for consumers to save money and receive the same quality of energy they are currently being provided, because we provide detailed information on the energy providers that are available in your area.
We can connect you with providers that offer you either fixed rate or variable rate contracts for energy. The distinction is simple; with fixed rate plans, consumers pay a flat rate per unit of energy used for a period of time. This could be anywhere from 6 to 24 months. Variable rate contracts can change the rate charged per unit of energy on a month-to-month basis.
There are advantages and disadvantages to both of these contracts. Variable rate contracts are usually cheaper than fixed rate contracts in terms of the amount charged per unit of energy used, however, if the cost of energy rises, then the consumer's energy bill will increase, even if they are using the same amount of power. Fixed rate contracts have the advantage of charging the same flat rate per unit of energy provided, regardless of whether the cost of energy goes up. You have the freedom to choose the energy plan that works for your budget.
Shop My Power provides the clearest and most concise information consumers need to compare electric rates. We can help you weigh out your options, so that you get the ideal energy plan for your needs. We take pride in providing the most inclusive information available to ensure that you make the right choice for a power supplier.