HAVE A QUESTION?
Energy can be complex and tiring. We've compiled and indexed the most frequently asked energy questions for your convenience.
Energy Deregulation
Does my bill still come from the utility?
There are a couple types of billing options when it comes to your energy agreements: utility consolidated (one bill from the utility), supplier consolidate (one bill from the supplier) and dual billing (one from the supplier for the supply costs and one bill from the utility for distribution costs). Most standard agreements will be consolidated billing. In Texas, most bills are supplier consolidated billing.
If rates become lower with the utility than my contracted rate, can I switch to the utility without a cancellation fee?
If you enter into a supplier agreement that has a cancellation fee, unfortunately, no. When you enter into an agreement for your energy procurement, you will be responsible for the terms and conditions of the agreement.
If your supplier agreement does not have a cancellation fee, you would be eligible to switch suppliers during the contract.
Please confirm with your supplier if your agreement does or does not have a cancellation fee prior to switching.
The utility’s rate does change throughout the year. Once your agreement has ended you will be able to analyze the market and make the best decision at that time.
What am I shopping for when comparing Electricity rates?
When comparing electricity rates, you want to look at your supply portion of the bill. Generation and Transmission are the two items that can make up your electric supply costs depending on your state. When analyzing your current rate, add together the total expense for this portion and divide by your bill’s usage for that month. This will give you a baseline for what you are currently paying and then be able to compare that number to our advertised rates. We do not expect you to understand all the different types of energy products out on the market. We just want you to know that there are a variety of products; fixed, variable, block & index.
What am I shopping for when comparing Natural Gas rates?
To know which rate you are currently paying, you want to look at the Gas Supply portion of your utility bill. Similar to electricity, you will see a delivery charge which is the cost to distribute your gas supply and also the gas supply. To analyze your current price, you will want to add together any line items within your supply charges and divide by the monthly usage on the bill. Also, similarly to electric, there are different products within the natural gas realm; burner tip and city-gate may be one’s you have heard of. Our Energy Advisors will help you select the best options when it comes to your natural gas.
What is a supplier?
There are multiple suppliers online but how can you tell which is right for your business needs? Suppliers provide the electricity or natural gas you consume at your location. When you switch to a third party supplier, you are purchasing energy directly from them.
What is a utility?
Utilities are the companies that distribute your energy from the power supply to your business. ‘Distribution’ costs are determined by the utility and cannot be shopped. Essentially, you are paying the utility to provide a service by delivering your energy to you. Where your service area is located will determine your utility company.
What is energy deregulation and how does it affect me?
Deregulation allows you to shop for your generation and transmission costs with your utility in a deregulated area. You can take advantage of the energy market and control your energy expenses.
What is the "Price to Compare"?
If you are located in a utility that offers a default rate, the Price to Compare is located on your recent bill copy for either electric or natural gas. It’s the benchmark you will want to use when comparing third party supplier rates. Those utilities will always have a Price to Compare that changes throughout the year. Some change monthly, others change quarterly. It will vary and be based on the current market conditions at the time they purchase their energy.
What should I look for in an energy plan?
Not always is the cheapest price going to be the best option for you. There are a variety of factors that need to be weighed before you make a decision. Some of those include the components that make up the cost, cancellation terms and also your individual business factors (i.e. how long will you be at your current location, will your consumption stay constant or go up and down, etc.). Luckily, we are well-versed in the procurement industry and have years of experience to help guide you through this process.
Will I have to pay a cancellation fee if my business moves or closes?
It depends on the supplier. Generally, if you turn off the meter and there is a cancellation fee associated with your contract, you will be responsible for that cancellation fee.
About EnergyPricing.com
How do we get paid?
There is no additional cost to use our services. We are paid by our providers when your plan starts. With most plans, we receive monthly payments from providers who are enrolled. We strive to offer competitive plans for your household or business.
What is EnergyPricing.com?
EnergyPricing.com was created by Achieve Energy Solutions, LLC (“AES”) as a tool for your business to easily have access to the best energy plans in their utilities. By utilizing a technology platform, EnergyPricing.com can offer daily pricing based on market conditions as well as energy auctions where pricing is customized specifically to your business’ usage consumption. All at your fingertips.
Why should I use EnergyPricing.com to find an energy plan for my business?
Shopping for rates and comparing terms & conditions can at times feel like a daunting task. There are different energy requirements, cancellation fees and different types of suppliers contracts making it even more confusing when comparing rates. With EnergyPricing.com, you can easily compare apples to apples with our energy auctions and know that with our daily pricing you are looking at the all-inclusive fixed-rate option. No surprises.
We work with the nation’s top retail suppliers. We have vetted and been vetted to mutually work with the best. You can feel confident in your energy choices with EnergyPricing.com as your broker.