Many consumers pay no attention to the fact that your annual energy cost can be flexed to fit your budget, not to mention, it comes to choosing or changing an energy provider, it isn't easy to navigate. In this constantly evolving energy market, most consumers can find significant savings and a more reliable service if they know where to look. That's where PowerSetter steps in. This free online service makes it easier for you to compare gas and electric rates from various providers (just like you'd use a third-party site like Expedia to compare hotel prices). On a mission to help Americans save upwards of 37% on energy bills, the tool has quickly become the largest energy comparison platform, and it can make a difference for you, too.
How can consumers save money on their utility bills?
"Consumers can save money on their energy consumption by first learning that, in certain states, they have the option to choose their energy supplier, much like selecting a provider for internet, TV, or cell phone services," shares Mark Feygin, Founder and CEO at PowerSetter. "While the utility company remains responsible for billing, customer service, and handling power outage interruptions, consumers should compare all available suppliers to find the cheapest energy prices and make an informed decision." Consumers often overlook contract details for certain utilities, but it's important to make a note to repeat the process at the end of each contract to make sure you're still getting the best possible pricing in your area.
Furthermore, energy companies are constantly creating new plans with better rates and favorable terms, but nobody wants to constantly search the market to ensure they’re not being overcharged. PowerSetter monitors the competitive market for gas and electricity price drops to take that burden away from residential customers. "Users can sign up for alerts, and as soon as a better deal becomes available, we let them know and guide them through the switching process so no opportunity to save is missed," notes Feygin. The tool makes it much easier to compare variable rate plans, natural gas rates, and renewable energy plans.
Does PowerSetter support low-income households?
Absolutely — it can make a real difference to all households, including those who pay a disproportionately high amount for everyday utiliities. "Low-income households spend nearly 20% of their income on energy and fuel, more than three times the national average," shares Feygin. "Most of PowerSetter's customers are low-income households that are disadvantaged and hit disproportionately by high energy bills. [Our user-friendly platform makes it easier to] compare energy suppliers, ensuring households can access the cheapest available rates."
What are the benefits of community solar programs?
You don't need to buy solar panels or solar shingles to invest in clean energy improve your carbon footprint. Renewable plans are increasingly popular alternatives offered by many electricity providers. "Community solar programs offer numerous benefits, including a guaranteed discount on electricity bills without the need to install solar panels," shares Feygin. "By participating, consumers become part of the solar energy revolution, support local jobs and the economy through regional solar projects, and contribute to the reduction of greenhouse gas emissions by promoting clean, renewable energy sources."
- Guaranteed Discount on Electricity Bills: Get competitive rates without the need for personal solar installations.
- No Installation Required: Avoid the hassle and expense of installing solar panels or solar shingles.
- Leverage Renewable Sources and Join the Solar Power Revolution: Joining a clean energy program means becoming a part of a growing movement.
- Support for Local Jobs and Economy: Regional solar projects create jobs and boost the local economy.
- Reduction of Greenhouse Gas Emissions: Promote environmental sustainability by reducing reliance on fossil fuels.
- Flexibility: Join or leave programs without long-term commitments or upfront costs.