The deregulated Massachusetts market allows consumers to choose their energy supplier. Below you will find links to some of our best guides about deregulation, as well as a brief overview of the kinds of plans you’ll see in our marketplace.
Following are a few of the plan types you’ll see when shopping for energy. Your exact rate structure will depend on the plan you choose, but will fall into one of these categories. It is important to check the Electricity Facts Label (EFL) of any plan you are considering beforehand to understand all of its components.
- Fixed rate plans. With a fixed rate plan, you will have a set price you will pay for the length of your contract. This price will not change regardless of fluctuations in the energy market.
- Variable rate plans. Variable rate plans are tied directly to the energy market, which changes constantly. The price you pay for energy will vary each month depending on changes in the market.
- Prepaid plans. With this plan structure, you will pay for energy before you use it and will receive alerts throughout the month of how much money you have left in your account. This is also a popular no deposit and no credit check option.
- Renewable energy plans. Many providers offer renewable energy options for consumers. Some companies offer renewable energy credits (RECs) to offset your home’s environmental footprint, while others source 100 percent renewable power.
If you do not purchase energy from an independent provider, you will be enrolled in the basic service supply product from your local utility, either Eversource Energy, National Grid, or Unitil. Enter your ZIP code above to compare available rates and plans in your area.