We want to emphasize the title once more, The Best Time to Shop Electricity Prices. There’s a reason why we say to shop electricity prices (the contract in its entirety) and not rates (the energy market price, which is only 1/3 of the component categories, or merely part of the bill). Rate shopping is what likely has you considering making a switch now, with the variable rate bills rising to absurd levels due to the bad winter we had. If you follow our blogs, you’re probably familiar with why these variable rate contracts are testing the patience of consumers, and we won’t go too in depth with that here. Instead, this blog will discuss the best time to shop energy prices to ensure your home or business is getting the best deal.
Have you ever heard the old Chinese proverb that goes, “The best time to plant a tree was 20 years ago. The second best time is now?” The same proverb could apply to shopping your next energy supplier. The market has changed dramatically in 20 years as you probably expected, but it also looks much different from just a few years ago. Continue reading