[ADVERTORIAL] People wonder: Is it really worth switching electric suppliers. Will it actually help me save money? Is it worth my time? What’s the catch?
This information should give you a good answer. JCP&L charges its customers a fixed price for the summer and a different fixed price for the rest of the year. JCP&L is currently charging residential customers over 10c kwh. Other suppliers are charging much less.
Q: How great are the savings?
A: Currently an amazing 22% (off the supply charge only). If you are now paying $200 a month with JCP&L, by switching to the right energy supplier your charges would drop to $156. That is a savings of $44 in just one month. Over the year you would save $528. (and possibly more).
Q: Is there a catch?
A: No – but you must sign up for a fixed price. Also, before your contract expires you must renew your contract. Otherwise, you will automatically receive high variable pricing.
Q: How can I protect myself from this?
A: Lexon Energy has a system that keeps them on top of their customers’ expiration dates. LE will monitor your contract and renew it for you before it expires (at a lower rate than JCP&L of course). You can join many customers who are saving on their electricity year after year.
Q: How long will these low rates last?
A: Right now they are the lowest we have ever offered. It is impossible to know how long they will last.
Lexon Energy can be reached at: (732) 363 – 4420 or [email protected]
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If you lock in at a fixed rate, how do you know you will save? If JCPL rates go down, you will be paying more.
Please clarify.
Sounds good! Just one question: What if plan ends and utility is the cheapest rate thenot . . Will there be problems getting back to them seamlessly?
Answer to Nate: Nice question. If you call JCP&L at least 21 days before your meter read they will take over your energy supply as of the following meter read.
answer to “Question”: JCP&L’s rates are fixed every 12 months (June – May of the following year).