Switching your electricity provider could save you hundreds of dollars because even a small difference in price per kilowatt-hour adds up over time. For example, if you currently pay around 20 ¢/kWh in New Jersey or 19 ¢/kWh in Pennsylvania and you find a plan for 2 ¢ less per kWh, a household using 10,000 kWh annually would save about $200. Ideal times to switch include when your contract is about to expire or when market rates drop below your current rate. Be sure to read the fine print to avoid pitfalls such as hidden fees, variable rates after introductory periods, and automatic renewals. Switching is simple and there’s no interruption to your service — your utility continues to deliver electricity. Many suppliers also offer renewable energy plans at competitive prices. By shopping around, you can reduce your bill and support cleaner energy.
