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How Does Switching Energy Providers Work?

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How does switching energy providers work?

Switching your energy provider can be a great move for your home or business. You may be able to find a better rate, access improved customer service, or choose a more suitable plan for your needs.

Changing your provider allows you to access a new plan and electricity rate. However, your utility company remains the same and continues to transmit electricity to your home. Switching providers doesn’t change how your electricity is delivered — you’ll just receive a bill from a different company for a new rate. 

Choose Energy can help you reduce your electric bills. Enter your ZIP code on our free marketplace to discover fixed- and variable-rate plans, no-deposit electricity, or prepaid plans.

Why switch energy suppliers?

Many people switch suppliers to secure cheaper electricity rates. However, there are other benefits to switching providers. It might be time for a new energy supplier if:

  • You see significant changes in your energy bill each month, and you’d rather have a fixed-rate plan.
  • You want to switch to a green energy plan to lower your carbon footprint.
  • Your current plan’s perks don’t serve your needs, and you want a plan that works with your energy consumption.
  • Your current energy company added new fees to your plan.
  • You’re not happy with the services your current supplier provides.

Can I switch my electric company?

You have the option to switch your electricity provider if you live in a deregulated energy market. According to the American Coalition of Competitive Energy Suppliers (ACCES), 30 states currently have some level of energy choice as of 2023. Keep in mind that certain states have deregulated natural gas instead of electricity, and others limit access to commercial customers. 

Visit our service areas page to see if you could save money on your energy bill. Find your state or enter your ZIP code on our site.

Connecticut Maryland Ohio
Delaware Massachusetts Pennsylvania
Illinois New Jersey Texas
Maine New York Washington, D.C.

Deregulated vs. regulated energy

Energy deregulation is when an energy market has electricity providers competing for your business. Meanwhile, the utility companies own the infrastructure of your power lines, poles, towers, and more. The retail suppliers offer rates to homes and businesses.

If you live in an area with a regulated market, a public utility commission or other government agency regulates the energy supply and rates for residential and commercial buildings.

How do I change my electricity supplier?

With Choose Energy, you can switch your electricity provider in a few easy steps. Our free marketplace shows low rates from top providers in your area for you to compare, choose, and switch hassle-free. Here’s how it works.

Are you ready to change your electricity supplier? Enter your ZIP code today to get started. Still not sure if you’re ready to switch? Learn how to switch energy providers in our guide.