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Snoring-Moose t1_ja84z26 wrote

Reply to comment by jackmclrtz in Please share your experience with switching supplier from Eversource to one of the cheaper ones by jackmclrtz

Personally I will be checking more often than end of contract. I did the change back in November and it's since gone down significantly. Someone said they check every three months or so. There are no downsides to changing suppliers (except your time to switch).

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brownstone79 t1_ja8pic5 wrote

Can you switch to another supplier before the contract ends? I’m looking to switch as well, but don’t want to get stuck with a rate for however many months when something better comes along.

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jackmclrtz OP t1_ja8s13t wrote

I have heard multiple times (including this thread) that you can switch without penalty. My understanding is that the "contract" is the suppliers commitment to that rate for that period.

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brownstone79 t1_ja8zzra wrote

This was what I was coming to understand as well. I was interested to see if anyone had this sort of experience, which is in keeping with the spirit of your post. Thanks for posting!

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4Impossible_Guess4 t1_ja8vr25 wrote

Depends if you have a cancellation fee in your contract, you can sign up for not fee contacts and most have this option.

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fprintf t1_ja8yoad wrote

Apparently it is now illegal to have termination fees, so really there is no reason not to switch when the price is going down.

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4Impossible_Guess4 t1_ja92ebs wrote

That's good, didn't know this. I still use no sign up/termination fee when filtering.

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4Impossible_Guess4 t1_ja8vkml wrote

I check end of month when I'm getting ready to do my mortgage. Every dollar helps.

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