No.
1 - Will Your local utility will be upset if I Choose An Electric Supplier
Fact - your local utility encourage their customers to Choose an Electric
Supplier because lower electric costs benefit everyone in Energy Deregulated areas.
No. 2 - My new electric supplier can shut off my service
Fact - Only your local utility can terminate electric service to your home or
business and termination is strictly regulated by your local utility Department
of Public Utility Control.
No. 3 - Will your local utility lose money if I Choose an Electric
Supplier
Fact - your local utility do not earn a profit on the electricity
they deliver to their customers. The companies simply purchase electricity to
deliver to customers who do not Choose an Electric Supplier. Customers pay exactly
what your local utility pays - no more, no less.
No. 4 - If my electric supplier goes out of business I'll lose service
Fact - Electric service will not be interrupted if a supplier goes out of
business. You would be returned to your local utility generation services and
would pay the local utility generation services rate. You could then stay with
your local utility, or, choose another supplier like The Power Company.
No. 5 - I have to give out personal information if I want to Choose
an Electric Supplier
Fact - Suppliers DO NOT NEED AND SHOULD NOT REQUEST
personal information such as a Social Security number, credit card information,
checking account numbers, etc. Suppliers will need you to provide information
from your electric bill to authorize the switch. To avoid delay in switching,
it is very important that
you provide this information accurately.
No. 6 - Savings begin immediately
Fact - Customers who Choose
an Electric Supplier are switched to the suppliers' rate on their next regularly
scheduled meter reading date. So, depending on where you are in your meter reading
cycle it can take more than 30 days to have the supplier's rate appear on your
bill. To avoid delays in switching, it is very important that you accurately provide
the necessary billing information to the supplier.
No. 7 - There's a charge to switch to another electric supplier
Fact - There is NO CHARGE to switch electric suppliers and you can return
to your local utility Standard Service generation if you like. Most suppliers
do not have a cancellation fee, but some do. So, be sure to ask whether the supplier
charges a cancellation fee before enrolling. We do not.
No. 8 - The savings are too small to bother switching
Fact
- Depending on the offer, you can lower your total electric bill by 10% or more.
No. 9 - It's difficult to switch
Fact - It's EASY TO SWITCH
and the supplier you choose will do the work for you. You will need to provide
the supplier with certain information from your electric bill. To avoid delay
in switching it is very important to accurately provide the necessary information.
Double check this information to be sure it's correct.
No. 10 - Suppliers will start billing me separately for my electric
service
Fact - You will continue to receive one electric bill from your
local utility. The only difference will be the rate you pay for the generation
service portion of your electric bill.
