You can switch plans anytime you want, though most fixed-rate plans charge customers an early termination fee if you switch providers before your contract expires. You can find out when your contract ends by contacting your electricity provider or checking your account details online. You’re also supposed to receive a letter in the mail at… Read more »
A variable-rate plan means the cost of your plan can change every month. If they offer low introductory rates to entice you into a contract, that low price offer can, and probably will, change. A variable-rate plan means you must constantly monitor your electrical rate to avoid what is called ‘sticker shock’ later. A fixed-rate… Read more »
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