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CatoFriedman OP t1_j0a6v5m wrote

Reply to comment by modernhomeowner in Is it more efficient for me to heat my home with my ductless mini split or my old boiler? by CatoFriedman

ModernHomeOwner, when you say lock in rates, are you talking about the alternative energy suppliers? Like this, https://www.massenergyrates.com/massachusetts-electricity-suppliers? I have not done this but feel like it is an obvious way to save money? Is that true? I have solar panels as well, would signing up affect my solar benefits, if you know? Also, thanks again for your help.

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modernhomeowner t1_j0b2v6h wrote

In MA it does not affect net metering, you still get your summer credits based off your utility's rates at that time. But when you buy back your energy, you get it at the third party rate (hopefully lower). Note these suppliers sometimes have lower starting rates and raise them after your contract. Sometimes this isn't the case, but if it is that's why it's good to be hunting around for cheaper rates before your contract is up and why it's nice to not have a termination fee.

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