The Best Time To Change Power Suppliers And How To Make The Switch

Posted by Jalal Official on May 23rd, 2021

Should You Switch Energy Suppliers?

If you notice your energy bills are rising with existing utilities, it could be time to move to a new supplier. If you see a lower offer available to residents in your area, you may be able to save money by changing suppliers. However, if you have had the same benefit for years, and you feel reluctant to change services, it can help to understand how the process works.

Some residents fear that if they change suppliers, their costs will rise after the sweetheart's promotional period. Fortunately, most suppliers in the newly liberalized market are transparent in pricing policies. This intense nature of competition in the supplier market has stimulated the transparency of various companies competing for residential customers in the same area.

Another fear some residents have about switching suppliers is the possibility of a brief power loss during switching. Fortunately, these are imagined breaks in service that don't happen when moving from one provider to another. 

When is the best time to switch power suppliers?

While energy deals are available throughout the year, the best time for energy suppliers is to change when demand is low, and this leads to lower introductory prices.

When Demand Is Low

Energy prices tend to be higher during peak demand times due to the scarcity of energy available during these periods. When energy consumption is maximum in a particular area, the local utility will often resort to secondary sources of energy to meet customer demand.

In Texas, for example, utilities often supplement the fuel supply network of coal plants, since regular natural gas stations are not sufficient in these peak demand periods. However, coal plants are more expensive for energy sources. Energy scarcity and the increasing cost of secondary energy sources add up to higher energy bills for consumers during times of peak demand. Peak time periods can be avoided by setting a constant rate from the power supply during the moderate months of the year when power demand is low.

Months With Moderate Weather

Energy demand is generally at its highest during the months when temperatures are at their most extreme. Over through the United States, this leads to higher energy costs during the summer and winter seasons, especially in July, August, December and January. During these months, people rely heavily on heating and cooling fuel demand systems. During the hot summer months, residents usually have air conditioners running all day, and sometimes all night. When temperatures hit below zero, residents are forced to operate heating systems on a hike, around the clock.

For lower prices, the best times of the year are spring and fall, when temperatures are usually at the milder end. During these months, residents rely less on their heating and cooling systems. Low demand during the spring and fall seasons takes the issue of scarcity off the table. It makes suppliers more competitive for customers and ready to offer deals at lower prices during months with mild weather. Generally, the best weeks for suppliers are to switch between late September and Halloween, and between late March and early May. It's time for you to use your power to choose your electricity provider.