The cost of power will drop below what they’re charging now, and yeah they hope people will sign on and forget to cancel and switch to a better contract in the summer. 90 percent of people just get their supply from Eversource, so this is a good opportunity for them to bring in new customers.
It is a good deal, and you should take it, just make sure you set a reminder to check again in like April and June when you’ll find better prices.
Main takeaway is that prices will go down from where they are now, so keep shopping in the spring and summer, even if you think you got a good deal. And even if you signed a three year contract, you can cancel without penalties. So if you find a better deal later on, just cancel your current contract and switch to that.
NoBarracuda2508 t1_j18fo40 wrote
Reply to What's in it for Constellation and other third party electrical providers? by chroniclerofblarney
The cost of power will drop below what they’re charging now, and yeah they hope people will sign on and forget to cancel and switch to a better contract in the summer. 90 percent of people just get their supply from Eversource, so this is a good opportunity for them to bring in new customers.
It is a good deal, and you should take it, just make sure you set a reminder to check again in like April and June when you’ll find better prices.