What is Deregulated Electricity?
In the majority of states, when you move to a new city, you’re stuck with whatever energy plan has been selected by your county or local municipality. Homeowners in these regulated areas can’t shop electricity plans or compare electricity rates. It’s a vertically integrated monopoly utility system that’s overseen by whichever public regulator (city or county) your home falls under, and customers have no say in who they can sign up with. Consumers don’t have the option to compare electricity suppliers or to get the best gas and electricity deals, and are stuck with whatever rate they’re given.
However, deregulated electricity markets are managed differently, and offer more electric choice to consumers. For example, in some states, customers might have the power to choose their gas and/or electric providers, as well as the electric choice to opt for renewable energy. Additionally, they can shop for the best electricity rates and have the power to switch their electricity supplier. Plans are sold by retail suppliers, also called load-serving entities—consumers can shop around and buy energy plans from these electric suppliers.
Exercise The Power to Choose
UtilityHound has partnered with energy providers in select states to help consumers shop for the best gas and electric deals. We will compare electricity suppliers for you, discuss energy plans that are available in your area, and even help you switch your electricity supplier. And in some cases, the electricity suppliers offer exclusive low rates for UtilityHound customers. Here are the states where you have energy choices:
- New Hampshire
- New Jersey
- New York
- Rhode Island
- Washington D.C.
How do you get started? Simply fill out the form below! One of the friendly customer care representatives from UtilityHound will be in touch with you to discuss your needs more in-depth. From there, we’ll go to work for you. We’ll contact our partners on your behalf, then present the rates available to you. We can help set up appointment times to help you switch electricity suppliers seamlessly. Exercise your power to choose from multiple energy suppliers today!