If you live in the Boston area and your utility is Eversource, then you have the ability to choose a competitive power supplier. There are several ways to shop for electricity rates. You can sort through direct mail advertisements. You can also listen to annoying telemarketing calls during your dinner hour or take a chance with door-to-door sales representatives. In this digital age, however, many of us prefer to shop online to find the best electricity rates.
Massachusetts does not have an electricity rate comparison site like powertochoose in Texas or energizect in Connecticut. The Massachusetts DPU, however, has launched a basic online spreadsheet that consumers can use to compare competitive electricity rates against the basic service rate. The DPU’s rate comparison spreadsheet is a step in the right direction. Unfortunately, it lists suppliers without regard to quality of service and lacks the information consumers have come to expect when shopping online.
ElectricityMatch offers a refreshing alternative to high-pressure sales tactics and the confusing direct mail offers. We give you the convenience of online shopping along with the confidence that you are seeing competitive electricity rates from only the best providers in the market.
Shop for Electricity
In Massachusetts, you have the choice of remaining on utility basic service rates or choosing your electricity supplier. The important thing to keep in mind is that your decision does not affect the reliability of your electric service. Eversource will continue to maintain the wires, poles, and transformers regardless of whether you choose a competitive electric supplier or remain on utility basic service. Eversource will also continue to send your monthly bill. The only difference will be the electricity supply rate. Therefore, you can shop with confidence knowing that changing electricity suppliers is only about managing the amount of your bill.
ElectricityMatch has a convenient filter to allow to you to search for fixed rate electricity plans with terms ranging from 6 months to 24 months. Renewable electricity plans backed by sustainable generation sources are also available.
Utility Basic Service
Eversource Massachusetts customers on utility basic service have two available options. First, they can select a six-month fixed rate electricity plan. These plans run from January thru June and from July thru December. Customers can also select a monthly variable rate plan. The problem with basic service is that rates can fluctuate wildly. If you want to lock in your electricity rate for more than six months, you have to enroll with a competitive electricity supplier.
There are a couple of things to keep in mind when comparing basic service rates with competitive electricity rates. First, the rates are set very differently. Basic service rates are established by Eversource under the oversight of the Massachusetts DPU. If the utility sets their rates too low for a given six-month period, they are allowed to recover those costs in subsequent rate periods. Competitive electric suppliers, on the other hand, base their rates on the prevailing wholesale electricity market. Second, there may be a benefit to locking in your rates for a period longer than six months. Energy markets can be volatile and you can lock in a fixed rate for 12 months or more as protection from market price changes. Also, having an annual rate allows you to budget for your energy costs without waiting to see what the utility rate is going be.
Top Boston Electricity Companies
There are a number of competitive electricity suppliers serving Boston customers. When it comes to something as important as your energy bill, the quality of your electricity supplier is important. ElectricityMatch works only with select suppliers known for having competitive electric rates and the financial strength to deliver what they promise.
Major Communities Served by Eversource
Eversource maintains the electric transmission and distribution system serving the Boston area. Across the Commonwealth, Eversource serves 1.4 million electric customers in 140 communities and 283,000 natural gas customers in 51 communities. Eversource was previously known as NStar. NStar was formed from the Boston Edison, Commonwealth Electric, and Cambridge Electric utilities. Eversource also encompasses the former Western Massachusetts Electric Company service area. Some of the larger communities served by Eversource include: