Market energy providers

Submitted by ambassadormixalot t3_zv596u in massachusetts

I’m originally from out of state and like many, got slammed by my latest National Grid basic service bill. I’m wondering if anyone has experience with the competitive energy providers. What risks would I be taking by switching away from NG basic service?

I understand that I’d want to avoid variable price contracts.

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modernhomeowner t1_j1n7do8 wrote

I had Ambit last year, with no issues changing when their rate was expiring, now I have Inspire. Both have no termination fees. You aren't losing anything, but you do need to stay on top of it. They usually have longer contracts with termination fees so you get a rate that's lower in the winter than national grid but higher in the summer. Most of these rates are abnormally low to get you to join then when your rate expires, you get a higher market rate. As long as you pay attention, watch when National Grid posts their new rate on their website, and know what kind of contract you are signing up for, you'll be good and saving money.

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Infinite_Rope_5058 t1_j1nt9bu wrote

I had to double check to be sure - Ambit is a MLM. - possible Ponzi scheme. I would steer clear.

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modernhomeowner t1_j1ntkww wrote

That's how they sell their plans, I didn't buy from a rep, but I wouldn't hesitate to. They were very easy to cancel, and I got them at 9.5¢ when national grid was 14.5¢ last year. Your energy company still delivers the energy, just at the rate established by the supplier. They have a regular plan or a cool one for people with electric heat that has half priced electricity during 4 winter months.

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wolf95oct0ber t1_j1nw4ax wrote

And check if your town has municipal aggregate program. You can go on Mass.gov and search municipal aggregate to see there’s cheaper rates secured for your town. Not all towns have it but helpful to check.

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Low-Squirrel-4307 t1_j1oc09d wrote

I’ve got Constellation, had them for a few years now and I’ve had no issues. No excuse me while I knock on wood and find some salt to throw over my shoulder.

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