How Choice Can Help You Save.
One of the main goals behind switching to consumer choice is to help lower electric bills over time. Since energy suppliers will have to compete for customers, they will look for new ways to lower their costs which should lead to lower prices. As a business, price may be an important consideration when selecting an energy supplier.
When Does Choice Begin?
New Hampshire's electric market will open gradually to consumer choice. This means that some utilities will make this change before others, offering their customers the choice of an energy supplier and the opportunity for savings. Currently, customers in the Granite State Electric service area have the opportunity to choose their energy supplier. Your electric distribution company will contact you when the switch to consumer choice will happen in your area.
Once you know when the change will happen, you can begin contacting energy suppliers and choose the one that best fits your needs to provide your electric energy. While the competitive market may take time to develop, it should work to produce long-term savings. In the short-term, it will also be possible to lower your electric bill in other ways such as choosing to buy energy through a buying group or by conserving energy. For more information on conservation, call the Governor's Office of Energy and Community Services at 271-2611 or your electric distribution company.
How Can a Buying Group Help Me Save?
A buying group is a group of business or residential customers who join together with an aggregator to buy their electric energy. They may find lower prices by buying the energy in bulk. Customers may join buying groups for the potential savings, for the convenience or to support a specific cause. Business associations may decide to become aggregators and form a buying group that is available to their members.
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