Posted inEnergy

Is shop and save the best bet with electricity?

With basic service, utilities purchase electricity contracts on behalf of their customers twice a year, serving as middlemen who earn no profit on the transaction. As the market for electricity has become more volatile recently, the twice-a-year approach has sometimes led to enormous spikes in basic service prices. Competitive suppliers and municipal aggregators, with far more flexibility in how and when they purchase electricity for their customers, have gained an advantage.

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