Q:

What are some good ways to compare energy suppliers?

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Quick Answer

Methods for comparing energy suppliers include looking at the price of a kilowatt hour, the presence of any minimum contract lengths and the ability of the provider to perform service maintenance. Another options is to use online tools such as PowerToChoose.org or Power2Switch.com to see rates for a specific area as well as other details about suppliers, such as additional fees or service limitations.

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What are some good ways to compare energy suppliers?
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Full Answer

When conducting a direct comparison of energy suppliers, it is important to start with the rates for a kilowatt hour to understand the base charges you are likely to pay. A kilowatt hour is a unit of measurement standard within the energy industry that relates to the amount of electricity the company provides to the customer over an hour, with the cost per kilowatt hour being the charge for delivering the energy. From here, you can move on to examining any additional service charges from suppliers as well as determine if the company is responsible for correcting outages or repairing downed power lines.

PowerToChoose.org and Power2Switch.com both allow you to enter your ZIP code and see a list of all energy providers in that area, which include licensed energy distributors as well as companies that generate the power directly. The sites allow you to quickly look at the rates each company charges, understand differences in organizational structure and discover other details about the service coverage.

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