FAQ: Energy Suppliers and Deregulation
Posted by: Javier Vilchis | 04/23/2019 at 11:51 AMIn the age of energy deregulation, consumers are faced with some new options when it comes to their energy supply. Common questions include “Can I switch electric companies?” “Who should I purchase my plan from?”
As the world’s largest direct seller of energy, Ambit Energy make the most of deregulation’s benefits. By the end of this guide, you will be ready to make a more informed decision regarding your electricity and gas provider.
What is the difference between energy suppliers and utilities?
Utility companies and energy suppliers serve two different functions. Regardless of where you purchase your electricity plan, your local utility company will continue to deliver your energy to your home through local power lines. Retail energy companies work as third-party suppliers of your energy, and purchase natural gas and electricity from your utility company then offer electricity and gas to you. Electric utilities and suppliers work together in deregulated markets to provide consumers with competitive supply rates and renewable energy options.
Can I choose my energy supplier?
Yes, if you live in a deregulated market, you will need to choose an alternative supplier of your energy, or one will be assigned to you. Switching your provider can help you find a plan that best suits your needs.
What is the cheapest energy supplier?
Price may or may not be the most important factor in choosing your service. Some energy companies who bill themselves as the “cheapest option” may be cutting corners elsewhere to provide electricity at such a low price. You may want to consider service quality, the availability of green energy, specific plan characteristics, incentives like Free Energy and other plan options in your decision. Before selecting a plan, research your suppliers’ company history and make sure that your energy provider is a reputable leader in the energy industry.
Should I switch energy suppliers?
If you are unsatisfied with your current energy supplier for any reason, it could be time to switch providers. The power to choose that comes with new deregulation laws incentivizes retailers to offer you competitive rates, exceptional service, smart technology integrations and more. When considering switching energy suppliers, find out why Ambit Energy is chosen by nearly 1.2 million people around the globe.
