What are the different kinds of energy plans?
Energy plans come in many different forms – from rate structures to home service options and more. It can be confusing, but there are two main types you’ll see more than others, fixed and variable plans.
- A fixed rate energy plan sets your rate in your contract. That rate does not change for your whole contract.
- A variable rate plan means that the rate you pay depends on the energy market. When demand is high, you pay more. When demand is low, you pay less.
For more information on these and other plans, as well as green energy and payment options, see our energy buying guide or give us a call.
Will you run a credit check? What about deposits?
The short answer: yes. We are required by providers to run a credit check so they can offer you service. Each provider decides on its credit threshold, below which it will charge a deposit. At Choose Energy, though, we wanted to make the process as easy as possible, so we do things a little differently.
We run a soft credit check – the kind that doesn’t affect your score – for all our partners at once. That’s right, one credit check that doesn’t affect your score. After that, we’ll let you know if you need to pay a deposit and offer deposit-free options if you do. See our deposits page to learn more.
How do I move my service? Can I switch without moving?
Both moving and switching are quick and easy. If you’re moving, you won’t need to pay an early termination fee. You can stay with your provider, as long as they serve the area you are moving to, or try something new. You can sign up for a new plan up to 90 days before you move.
If you want to switch providers but aren’t moving, check your contract for early termination fees. You will not have to pay an early termination fee if you switch 14 days or less before your contract ends. Then, shop for a new plan in our marketplace.
- Enter your ZIP code and we’ll show you plans in your area.
- Choose your plan and sign up in just a few minutes
- Get your confirmation email and enjoy your plan.