Learn About the Energy Marketplace
Three Great Reasons to Switch Your Energy Supplier Now
Save up to 34% on your energy bills
Predictable utility bills, every month
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State energy comparison
Millions of Americans have already switched their energy supplier. Select your state and compare your energy prices.
How can Choose Energy help lower electricity bills?
Your energy bill is a monthly snapshot of how much electricity you used in the prior month, along with how much you must pay to keep the lights on for the next month.
Beyond that, if you know where to look, it contains some useful information regarding your energy usage and energy rates. While it varies location by location, most electricity bills are broken down into two parts.
- Distribution or Delivery Charges: This is the cost that you pay to the utility for maintaining the poles, wires and transmission stations to get the electricity to you.
- Supply Charges: This is the cost of the actual electricity you have used. This can also be called the generation charge, and is determined by the price per kilowatt hour x monthly number of kilowatt hours.
By knowing the parts of your utility bill and the math behind it, there a few things you can do to save money. First, by using less electricity, you’ll end up paying less.
The second way is by choosing a cheaper electricity rate. If you live in a deregulated state, you may have the option to switch your energy supplier, and pay considerably less for your electricity. While it depends on the state and local utility, switching to a different supplier can mean big savings.