In deregulated cities, there’s no shortage of electricity companies for residents to choose from. Below are the most popular retail electric providers (REPs) to help fuel your search.
Shopping for the best electric company isn’t like flipping a switch; it takes a little digging to make sure you’re getting the right fit for your lifestyle and budget. With dozens of retail electric providers, it’s easy to get overwhelmed or miss key details buried in the fine print. Consider the following when comparing electric companies:
Not all electricity rates are created equal, and understanding their differences can save you from surprise charges later.
Before enrolling in any electricity plan, read its Electricity Facts Label (EFL). This document details everything you need to know about the plan, like contract terms and pricing information.
A low rate isn’t always that great if you have trouble getting hold of your REP when you need them.
Every electricity plan comes with its own set of terms, tools, and perks that can make a big difference in how convenient and user-friendly your service feels. When comparing your options, consider:
Currently, the following REPs have the lowest electricity rates in the Power Wizard market place:
Going green has never been easier! Many REPs offer green energy plans that allow you to support sustainability initiatives without changing how you use power. Our energy experts have highlighted a few of the top green electric companies below.
Electricity deregulation gives you the power to choose. Instead of being assigned a single electric utility for both service and supply, you get to pick your electricity provider from a competitive market. The wires and poles are still managed by your local utility, but the electricity itself—how it’s priced, where it comes from, and what features are included—comes from your chosen REP.
Being in a deregulated energy market puts the power in your hands. It offers:
Having choices is great, but it can get overwhelming fast. When shopping for electricity, you may experience:
Power Wizard displays dozens of electricity providers and plans in your area side by side, making it easier to shop for electricity. Just enter your ZIP code, filter the plans by what matters most to you, compare terms, and enroll all in one place.
The easiest way to switch is by using Power Wizard. Just enter your ZIP code, compare available plans side by side, and select the one that fits your needs. We’ll walk you through the signup process and make sure the switch goes smoothly.
If you move before the end of your contract, you can ask your provider if your plan can be transferred to your new home, or you can cancel. Cancellation due to moving typically does not incur ETFs. However, always check with your provider to see what steps you need to take.
Yes, but some contracts may include Early Termination Fees (ETFs). Read your plan’s Electricity Facts Label (EFL) to determine what fees apply to your situation. In some cases, paying an ETF may be worth the savings you’ll get with your new provider.
The fastest way to find out is to enter your ZIP code into Power Wizard’s comparison tool. If you see multiple electricity providers and plan options, you’re in a deregulated area.
Nope—your electricity stays on the whole time. The switch is just about who bills you and what rate you pay. Your utility company still delivers the power to your home, no matter which provider you choose, so there’s no interruption in service.
4.9
4.19
3.78
4.83
2.75
2.36