Springfield, MA Electric Rates.
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Springfield Electric Rates
Thousands of people rely on energy suppliers and utilities to deliver power in Springfield, Massachusetts. When you choose a new supplier, you can lower your rate and save on your bill. At EnergyPricing.com, we can help you find a new Springfield electric company.
Understand Your Electric Supply in Springfield, Massachusetts
In Massachusetts, the energy market is deregulated, which limits monopolies and drives competition amongst suppliers. Suppliers set their energy rates, and consumers choose their suppliers based on their goals and needs. Not only has deregulation reduced energy rates overall, it also gives more control to the consumer.
When you commit to a supplier, they send energy to your utility. Utility companies are based on region rather than personal choice, and they’re responsible for energy distribution, power line maintenance and outage response. In Springfield, Eversource is your utility. You can contact them directly when you have power issues in your neighborhood.
Compare Rates Near You
A Few Key Points To Know
Before you sign a new contract, you should find out when your existing agreement ends. Taking this step will help you dodge any early termination fees.
Knowing what product and term is best for your home or business is equally important. Our team can provide residential and commercial offers to our clients in Massachusetts. For residential rates, we recommend fixed rate solutions. There are plenty of residential offers on the market that may offer a lower introductory rate with a monthly fee or a variable rate. Those typically do not yield a savings for residential customers.
Our commercial clients can benefit from either a fixed energy or block and index product. Depending on the type of business, the load profile and usage, there are different options that can make sense. With fixed rate contracts, you have the option to lock in different components that make up your supply charge and pass through others. With Block & Index, there is the option to lock in a portion of your energy and index the other during the life of the agreement. Knowing which makes most sense for your business can be tricky. Our energy experts will review these options with you prior to your energy auction. Give them a call now to discuss product types at 800-225-3813.
Find a New Springfield Electric Company with An Auction
At EnergyPricing.com, we simplify the shopping process for our clients. Our reverse energy auctions are an easy way to compare supplier bids in a transparent platform. The energy market changes daily so if you are collecting bids on your own, you may not have all the accurate data to compare. When utilizing our auction platform, not only will your bids come in at the same time, they will also drive the price down further than a traditional RFP. Supplier can see if they are the lowest bid and have the opportunity to submit additional bids.
When you fill out a custom quote, your energy expert will compile a group of suppliers in your region that are eligible for your consumption. On the day of your auction, you can log into your account and watch in real time as suppliers submit their offers.
When the auction closes, you’ll get to choose your preferred supplier and review contract language. Your dedicated energy expert will be there to help you understand your options so you can make the best choice for your usage.
Our reverse auctions are a helpful tool for large commercial and industrial consumers that have high energy capacities. Reducing your rate can make a significant difference in your overall expenses.
Check Current Electric Rates in Springfield Today
If you’re a Springfield resident or small business owner using up to 250,000 kWh’s per year, you might prefer a quick comparison of available rates. With our online shopping platform, we can quickly identify a list of current market rates based on your utility info. You can even commit to a supplier right from the listing.
Simplified Ways to Switch.
Switch Online
Easily enroll your electric or gas online with our portal.
Chat with Our Experts
Our energy advisors are ready to discuss your options, 800-225-3813.
Schedule Your Auction
Watch LIVE as suppliers bid on your energy with our reverse auctions.
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