If you are shopping for electricity or natural gas contracts, you’re most likely going to find one common theme: longer-term contracts will be more expensive per unit of consumption than shorter-term contracts. The explanation for this is very simple: since longer-term commodity contracts offer price protection for a longer period of time than shorter-term commodity contracts, the risk on the product increases. Naturally, the further out the contract goes, the more risk is involved.
Running the AC at full blast might bring comfort on hot days, but nobody likes the high utility bills that typically follow. Let’s look at how to better manage your electricity costs this summer—while staying comfortable! Be mindful of your electric usage Start by taking stock of what you really need your energy for. Do […]
If you live in a deregulated energy market, you’ve probably received letters from suppliers asking you to enroll or “lock in” a specific rate on your electricity. Are you confused by your options and/or the benefits of working with a supplier? Well, let’s dive in and make some sense of it all.
We’ve all seen the letters from energy companies saying “lock in today” or “great low rate”, but do you understand what the differences really are? Different rate plans for your natural gas or electricity supply provide options depending on your personal needs and budgetary preferences. Here’s a fun guide and quiz to help you find your “Energy Rate Personality”.