Single Point of View

Single Point of View is our way to occasionally share planning ideas relating to personal finance. Our goal is to pass along concepts that you may not be exposed to on a daily basis.

Save On Your Electric Bill: Summer Update

It may be due to the heat we have had the last couple weeks or just the fact that many folks have been finally able to work on their personal "to-do" lists. Regardless of the reason, questions about switching electric suppliers have resurfaced in conversations.

 
Keep in mind that if you are in the middle of a "fixed rate" contract with your current supplier and you change suppliers, your current (and soon to be former provider) may back charge you for a higher rate (the difference you would have paid if you were on a "variable rate" contract).  This does not mean that you should not change, it just means you need to do the math and buyer beware.
 
For more information, see our previous blog from February 
 
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Monday, 25 September 2017