While the actual switching process is relatively easy, you shouldn’t rush the selection and instead shop around to ensure you are getting the best deal possible. Now that you know who are electricity suppliers and what is their role in providing you with cheap reliable energy, your next thought might be – Okay, so how do I go about selecting one? You can find out who is your utility provider on your electric bill. You will also hear about them being referred to as TDU (Transmission & Distribution Utility) or TDSP (Transmission & Distribution Service Provider). Your lights went out? They are the people you would call to fix your power if there is an outage or a problem. What is an electric utility?Īn electric utility is responsible for the physical delivery of electricity to your home and the maintenance of the pipes and wires that carry the power flows. To compare the electricity and natural gas deals available in your area, all you need to do is enter your zip code in a trusted energy comparison website. Since the suppliers source the electricity or natural gas from a variety of plans, they can offer customers more competitive rates.Įach deregulated state’s public utility commission keep an up to date list of the licensed electric suppliers on their website, so you can rest assured that you are purchasing electricity from a reliable source. What is an electric supplier?Įlectric supplier (or a provider, retailer) is a company that buys wholesale electricity from electricity generators and sell it at a retail level to the general public. Understanding the difference between an electric supplier and a utility can save you a lot of money in the family budget. With more choice came competition and there are now a number of companies, competing for the attention of deregulated states customers with attractive energy offers and value add services. In the 1990s, the US federal government deregulated the energy industry, which gave customers like you the opportunity to choose the electricity and natural gas provider to supply your home or business. What’s the difference between a supplier and a utility? Read on to find out who is who in the energy world, what are the steps to follow when choosing an electricity plan and a list of trusted electricity suppliers. Thinking about changing electricity providers can be stressful if you don’t know how or whom to switch to. Switching will not only save you money on your monthly bill but often comes with attractive benefits and rewards. Thanks to energy deregulation, residents in more than 15 US states are free to switch their electricity supplier for a better, more competitive price. Paying your electricity bills each month does not have to be a dreadful experience.
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