Saturday, February 16, 2013

PSNH Alternatives

Hi Folks,

Here's a guest blog post from Sherwood resident, Tony C. 

If you're interested in saving a few dollars each month on your electric bill there is now a way to do so.  NH now permits you to select the company that supplies the electricity for your account.  PSNH remains your service company and you only get one bill.  Other than the name of the company showing up on your bill as the electricity supplier the change is invisible. It would be as if you could select where DiFeo bought their propane.

The advantage is that there are several companies offering cheaper rates than PSNH.  ElectricityNH (www.electricitynh.com) is the one I selected and I am now paying .0699 cents per KWhour versus .0954 from PSNH. With our usage from our last bill that meant a savings of over $15.

You can go on their web site and they have a FAQ section that will answer most of your questions.  Be sure and read their "Terms of Service".  The rate they offer is guaranteed until 11/30/2013 and you do have to sign a contract that will run until then. At that point you will be offered a renewal at the price then being offered.  Our rate was last years rate, the current one is slightly higher at .0728 cents per KWH.  Still a big savings over PSNH.  Signing up can be done on-line or over the phone and only takes a couple of minutes.
We did this for years with our electric company in CT and saved a good bit of money.  Check it out! 

1 comment:

  1. Thanks for the post Tony! While others have submitted photos and information that I turned into blog entries, yours is the first true guest blog!

    It was interesting to me, because I was aware of the option to switch, but was totally ignorant of any advantages or disadvantages. After doing some more research I came across this article that gave pretty good information. http://www.nashuatelegraph.com/business/993270-464/electricity-competition-is-real-so-how-should.html

    I still haven't decided if it's for me, that thanks a million for the tip!

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