Stuck in an electricity contract?
Many people are in a contract and are wondering how to get out of it.
Others just want a reminder to shop on ComparePower when their contract is coming to a close.
If you’re already in a contract, we can help you.
Are you switching providers?
By Texas law, you can switch out of your contract up to 14 days early of your contract end date without penalty.
And, many providers on ComparePower will let you lock the rates you see today for a start date 60-90 days in the future.
Review your bill to determine when your contract ends. You may need to call your energy provider to find out if it’s not listed on your bill.
Be careful not to renew or sign another contract with your current provider without first shopping on ComparePower.
You can usually get a much better deal if you switch.
We often get promotional rates available for customers not already with a certain provider – meaning you will likely need to switch providers to get these deals.
Switching electricity providers is easy to do, and shouldn’t stop you from making a switch for savings.
Fill out the form below if you want an email reminder for when your contract is about to expire.
Are you moving soon?
If you are moving, you can terminate your contract without any penalty as well. You do NOT have to transfer your current rate plan to your new home.
Energy companies will try to get you to transfer your service instead of canceling, but they cannot force you to do so.
So, shop your options when you move before simply transferring service. Moving is a perfect opportunity to get out of a bad electricity rate plan!
Should you cancel your current electricity contract early?
If you’re in a contract that doesn’t end soon, find out what fees you’d be subject to for switching early.
Sometimes the savings you can find on ComparePower can more than offset the cost to cancel early.
It may be worthwhile to cancel your current contract, pay the cancellation fees, and enroll in a plan where the savings make up for the cost to terminate your contract.
We can remind you when it’s time to shop.
Want us to remind you of when your contract ends, so you can find a better deal?
Use the form below and we will notify you of the best rates when your contract is coming to an end.
When you use ComparePower, we’ll keep all these important documents in your ComparePower account, where you can instantly access these details.
Be careful not to renew or sign another contract with your current provider without first checking ComparePower to shop across numerous providers.
You will likely find a better deal by switching companies than by renewing with your current company.
If you have any questions…
…or if you want help determining if canceling and paying the cancellation fee could actually save you money over the long run, contact us here.