Tuesday, May 6, 2014

Electricity Rates Increase Dramatically

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It may be that time to change electricity suppliers

My electrical energy provider which is not ComEd announced a 44% rate increase. I have been paying $0.0549 per kWh. So it was a no brainer to look for a new electrical energy supplier. 

I have done so and it might also be time for you to do the same. 

My electrical energy costs per kWh will be more in 2014 than they were in 2013. On the other hand, by changing suppliers I will save several hundred dollars. 


1 comment:

  1. Hi Norm,

    I was wondering if you could share some insight on how this process went for you? When I moved to a home with my wife, I got quite a few calls from these electricity and natural gas suppliers that tell you how much cheaper they are than ComEd/Nicor. However, whenever I looked into these companies online, it always turned out to be a scam - the usage rates are vastly lower, but you get hit with very high 'service fees' that end up costing you more money.

    How was your search for another electricity supplier and did you run into any of this? What company did you end up going with?

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