This post brought to you by IGS Energy. The content and opinions expressed below are that of My Thoughts, Ideas, and Ramblings.
I live in a state where we are allowed to purchasenatural gas and electric supply productsfrom an independent energy supplier. These are considered “deregulated states.” In many places, electric and natural gas consumers don't have a choice as to who supplies their energy. I know a lot you probably have the local utility that serves all the residents within your area. Energy Choice programs allow eligible customers to shop around and choose an electric/natural gas supplier that best suits (aff) their needs. That supplier may be the utility or one of the many suppliers licensed to market in the consumer’s area. However, you have to figure out what works best for you. The first thing you need to understand is the difference between a utility and a supplier. In areas where this energy choice (sometimes referred to as energy competition) is allowed, the utility is responsible for maintaining and repairing the infrastructure of the poles, pipes, and wires that will still deliver electricity and natural gas to consumers. A supplier, on the other hand, is a company that sells the energy that the utility delivers. Suppliers compete in an open marketplace by offering a variety of services and incentives, and consumers chose those that most appeal to them and best meet their energy needs. Suppliers have more options to purchase the energy more efficiently and cost-effectively. In a deregulated market, you can choose an independent supplier (like IGS Energy) to purchase your electricity and natural gas on the open market, deliver it to your utility, and your utility delivers it to your home. You may also choose to remain with the utility whose rate often fluctuates with market conditions. The benefit of an independent supplier like IGS Energy is that you can lock in rates at today’s low rates for the longer team and have the peace of mind that if rates jump around, yours remains steady. Suppliers are also able to offer other options such as longer-term fixed rates, flat bills, or green energy products. You may also live in an area (also like mine) where your city or village negotiates a rate for the entire village/city.
- directly on IGSenergy.com,
- through our local home energy consultants in person,
- by mail, and
- over the phone with highly trained and personable customer service representatives.
That have lots of product options – Lock in a fixed rate for a time period that works for you, go green with green energy options, flat bill products allow for a single price each month for energy supply, hybrid products allow for customers to lock in when the rate is more volatile and then switch to a variable rate when the market lowers when demand is down, etc. to take advantage of market lows. They also care about the neighborhoods they are in so make sure to check outIGS Companies community support.
Are you able to choose your independent energy supplier? What are your thoughts aboutenergy choice and deregulation?
If I could I would pick and independent energy company. Down here we have two choices and neither one of them or all that good.
I would love to be able to pick my independent energy supplier. I have one choice in the matter and only one.
We currently do not get to choose our own energy supplier. But hopefully one day soon, we will.
I’m not sure if we have this in my area or not, but I’ll definitely be looking into it. I’d love to save on my utilities.
I’ve just started hearing about this in our area, and I’m hopeful I’ll be able to take advantage of a free market on energy soon.
While I would love to be able to choose our own energy supplier, we live in a townhouse in a development and we do not have any choice in the matter, I think that having options and leaving the decision up to the homeowner is a great idea.
I have never heard of picking your utilities like this! Would be amazing be able to lower our costs.
It would make life so much easier to be able to choose your utilities supplier. Unfortunately, in our area, there is only one.
I’m not sure if we’re able to choose our energy supplier. As far as I know we only have WE Energies here and it is pretty good.
If only we had a choice. Back here, there is only one energy supplier. I wish there were other choices.
I wish that there were more choices where I am. Unfortunately we only have one option here. This sounds like a great supplier though.
It would be a good idea to give consumers an option to choose their own energy provider. That way there would be more market competition which would mean lower rates for the consumer.
I am thankful that we can pick our electric provider in Texas. I use a paper company bc they are cheaper.
Our electricity bill here in Florida is so super high. I wish we had this option. I would love to save.
You are lucky and we only have one choice and they’re always looking for ways to nickel and dime us.
That’s interesting! I don’t think we have an independent energy supplier here, only one that supplies everybody in the whole area. I do have to ask the husband about it to be sure.
We’ve looked into this but in the end, it was cheaper and more convenient to use the “standard company.” Maybe we’ll look again in the future.
I live in NYC and this didn’t work out so well for us. We tried an option that we thought would be better than the supplier in NYC with the ‘monopoly’ but my bills were actually worse which made me sad! I guess I am going to have to go from apartment dweller to home owner and just go solar! LOL
We had picked an independent energy supplier through a fundraiser and they’ve charged us $ 400.00 more a month over our bill, it was crazy! It took us a year to pay all the extra payments…..
But your provider seems like a great choice!