4 Factors To Consider When Choosing An Energy Company

4 Factors To Consider When Choosing An Energy Company

By Dana Hughes | Business Contributor on December 13, 2018
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Lots of people do not put so much consideration on their energy provider — but they really should. The hard truth is that not all companies are equal. Many companies can be described as an electricity monster and you to make a choice, and it would be good to select the best option. So what should you consider when choosing an energy company for your home? Here are some important factors to consider.

Customer service

When it comes to powering your house, you want an energy provider that is highly responsive. Your questions and concerns should be responded to promptly and professionally. This may sound like unimportant but when you run into a problem with your home power, you will either be glad or be in regret depending on the company you use for your energy. A reliable company should provide round the clock customer support – especially beyond normal working hours. One way of gauging the responsiveness of a company is to request a free quote. If they take more than 24 hours to send you the quote, it is a sign their customer service is wanting.

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Products and services

A good energy provider should have all the energy products you need. You shouldn’t have to use different energy companies for different energy products because this will eventually cost you more money than getting all the products from one provider When choosing an energy provider, you want one that has an all-in-one solution. For instance, they should provide electricity conversions, natural gas as well as sustainable energy solutions. Also, take note of the clientele they serve. For example, some companies specialize in serving residential while others serve commercial clients. More established companies serve both.

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Pricing is a vital factor when choosing an energy company. Energy companies either use fixed or flexible pricing plans. The energy sector is one of the most volatile sectors, so it is better to get a fixed plan. Even though a flexible plan might look like a cheap option right now, fluctuations in the energy sector could suddenly cause the prices to go through the roof. To avoid being surprised by the quagmire of exaggerated energy bills, look for a reputable company that has a fixed pricing structure.

energy light bulb

Reputation and history

Research shows that very few startups last more than a decade. If you find a company that has existed for longer than that, you most likely have found a winner. You can also research to find out what other users are saying about the company. Nowadays, you can easily get unsolicited and genuine reviews by visiting a company’s social media pages. If you find a lot of bad reviews on the internet, it shows the company has a bad reputation, and you should, therefore, steer clear. However, if they have lots of other happy users, it means they are doing something right.

If you are considering switching to another energy company but are not sure which one, head over to energy monster and make a comparison of your current provider and other options, this will enable you to make a more informed decision.


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