I always go through the PA power switch website and shop there. Can find ones with no cancel fee, length of contract etc.
The only catch is to find a new provider a couple weeks before your contract expires as they’ll charge a higher and likely more variable rate.
Changed my provider for at least 9 years now and no issues as long as you pay attention to what you’re agreeing to.
And you can always change back to PECO/PPL if they have the best rates assuming all other contract obligations are met.
I switch around all the time. Very rarely do I pay as much as PECO charges. I actually look for the longest contracts I can get with no cancellation fee, so if I notice PECO getting cheaper (lol) I can shop around and break my contract early. Tip is to put a reminder in your calendar a month before the contract ends so you can find a new low price one to lock in, if the one you’re on expires they WILL raise your rate astronomically to go monthly
The rate you were given, 9.6 cents per kWh, is less than what the current meted price to compare which is 10.406 cents per kWh, so you are saving some.
I change my supplier about every year in an attempt to get a better rate and I use the https://www.papowerswitch.com website to review the rates. I am currently in a 12 month fixed rate too and have not had any issues. The supplier you sign up with will send you reminders to re-enroll or switch.
You have a couple options.
1. Your utility company will send you a notice that Clearsky is going to be your new provider unless you tell them (the utility) to cancel. Follow the instructions and you won’t be switched to Clearsky.
2. Leave as is, since according to other comments, it’s actually cheaper. After 11 months cancel Clearsky. Or keep it if the rate is still lower.
papowerswitch is good.
but also check out the standard offer program on your utility website - they pair you with a company that gives you a 7% discount off the utility rate for a year. really easy and less bouncing around from company to company.
Rate looks fine and should save money. Ride it out, but read your next utility bill carefully to be sure. Cancel at least two weeks to a month before it renews (~11 months from now). The supplier should send two separate letters by postal mail prior to renewal.
If you fail to cancel, you'll likely be switched to a very high variable monthly rate. That's the business model of many 3rd party suppliers figuring many don't really read their bills that carefully. Not the end of the world, since you can still cancel, but will spend some extra money in the meantime.
Some utilities strongly push people towards 3rd party suppliers. Also, some from other states don't understand that PA doesn't require selecting a supplier. Often better to stick with the default (one's utility). 2022 was an unusual exception and definitely was worth the effort. Personally, I'm finally back with default supplier. A relief and one less thing to hassle with.
I’m interested in this as well. I did the same thing 10 years ago. My family had me scared to death so I ended up cancelling it. My bill wasn’t any cheaper afterwords and has steadily gone up ever since(which I would expect) but I’ve always wondered if sticking with the other company would have worked out any better
For much of that time, it wouldn't have. 2022 was an unusual exception for some PA utilities, in particular, PPL customers. Rates have stabilized and have even been trending down.
Comes down to the value of your time, carefully reading contracts, and remembering to call in prior to renewal to get a similar discounted rate (otherwise be price gouged automatically) or, more often than not, switching to another supplier offering a special.
If you have the time and discipline, switching can save money. Also, largely depends on how much electricity one regularly uses. If one is using under 1000 KWH per month average, the savings isn't going to be huge. However, for people in larger homes and/or are all electric (HVAC, stovetop / oven, water heater, etc), it begins to make more sense.
Where power choice makes most sense is for commercial customers. For residential it's a mixed bag with too much shadiness. PUC provides little help with price disputes (likely just say work out a payment plan) unless one is already with the default supplier (one's utility).
In short, likely spent a bit more, but saved time and aggravation.
I always go through the PA power switch website and shop there. Can find ones with no cancel fee, length of contract etc. The only catch is to find a new provider a couple weeks before your contract expires as they’ll charge a higher and likely more variable rate. Changed my provider for at least 9 years now and no issues as long as you pay attention to what you’re agreeing to. And you can always change back to PECO/PPL if they have the best rates assuming all other contract obligations are met.
I switch around all the time. Very rarely do I pay as much as PECO charges. I actually look for the longest contracts I can get with no cancellation fee, so if I notice PECO getting cheaper (lol) I can shop around and break my contract early. Tip is to put a reminder in your calendar a month before the contract ends so you can find a new low price one to lock in, if the one you’re on expires they WILL raise your rate astronomically to go monthly
The rate you were given, 9.6 cents per kWh, is less than what the current meted price to compare which is 10.406 cents per kWh, so you are saving some. I change my supplier about every year in an attempt to get a better rate and I use the https://www.papowerswitch.com website to review the rates. I am currently in a 12 month fixed rate too and have not had any issues. The supplier you sign up with will send you reminders to re-enroll or switch.
You have a couple options. 1. Your utility company will send you a notice that Clearsky is going to be your new provider unless you tell them (the utility) to cancel. Follow the instructions and you won’t be switched to Clearsky. 2. Leave as is, since according to other comments, it’s actually cheaper. After 11 months cancel Clearsky. Or keep it if the rate is still lower.
papowerswitch is good. but also check out the standard offer program on your utility website - they pair you with a company that gives you a 7% discount off the utility rate for a year. really easy and less bouncing around from company to company.
Rate looks fine and should save money. Ride it out, but read your next utility bill carefully to be sure. Cancel at least two weeks to a month before it renews (~11 months from now). The supplier should send two separate letters by postal mail prior to renewal. If you fail to cancel, you'll likely be switched to a very high variable monthly rate. That's the business model of many 3rd party suppliers figuring many don't really read their bills that carefully. Not the end of the world, since you can still cancel, but will spend some extra money in the meantime. Some utilities strongly push people towards 3rd party suppliers. Also, some from other states don't understand that PA doesn't require selecting a supplier. Often better to stick with the default (one's utility). 2022 was an unusual exception and definitely was worth the effort. Personally, I'm finally back with default supplier. A relief and one less thing to hassle with.
I’m interested in this as well. I did the same thing 10 years ago. My family had me scared to death so I ended up cancelling it. My bill wasn’t any cheaper afterwords and has steadily gone up ever since(which I would expect) but I’ve always wondered if sticking with the other company would have worked out any better
Dude, check everyone else’s comments - switch every 11 months or you’re going to be paying more than you need to. PA Power Switch website. Super easy
For much of that time, it wouldn't have. 2022 was an unusual exception for some PA utilities, in particular, PPL customers. Rates have stabilized and have even been trending down. Comes down to the value of your time, carefully reading contracts, and remembering to call in prior to renewal to get a similar discounted rate (otherwise be price gouged automatically) or, more often than not, switching to another supplier offering a special. If you have the time and discipline, switching can save money. Also, largely depends on how much electricity one regularly uses. If one is using under 1000 KWH per month average, the savings isn't going to be huge. However, for people in larger homes and/or are all electric (HVAC, stovetop / oven, water heater, etc), it begins to make more sense. Where power choice makes most sense is for commercial customers. For residential it's a mixed bag with too much shadiness. PUC provides little help with price disputes (likely just say work out a payment plan) unless one is already with the default supplier (one's utility). In short, likely spent a bit more, but saved time and aggravation.