Residential Electricity Contract Cancellation

Residential Electricity Contract Cancellation

Residential Electricity Contract Cancellation

Contract Cancellation of your Residential Electricity. If you are with an energy company that is charging you a very high rate, this is a topic that will interest you and help you save money.

It is very important that when we are moving to a house or apartment, the first thing we should do and think is about the electricity service. We must find several options or energy companies, and compare prices and benefits so we choose the one that suits us well.

If you are not happy with your energy company and you want to leave it, know in advance that you will have to pay a cancellation fee.

Although there is a penalty for canceling an electricity service agreement, much cheaper would be to pay a $ 200- $ 300 cancellation fee than to be paying higher rates for 12-24 months. Residential Electricity Contract Cancellation

Friends, if at this moment you are going through this situation, here at Electricity Express we want to help to make the best decision.

The math when Residential Electricity Contract Cancellation

For example, if you have a 12-month contract and still have nine months to finalize and the cancellation fee is $ 200.00.

Your company got you with a rate of 15 cents kWh energy charge plus surcharges and delivery, you’re your consumption is about 1,000 kWh per month your total to pay will be approximately $ 160.00. Now if you change to another company that already offers energy charges and delivery charges included at 10 cents kWh rate and consumption remains the same, around 1,000 kWh per month, your bill will be approximately $110.00.

Do the math, you will save approximately $ 50.00 per month, which means that if you cancel the contract and pay the $ 200.00 cancelation fee, in four months, with your new and better energy service, $ 50.00 savings will cover the cancellation fee, you will have much more money to save the remaining 5 months.

In this example you just read; we should pay cancellation because in the end can save a considerable amount of money. We ask please check your contract, read the fine print, and analyze the advantages and disadvantages.

If you decide to cancel, do so soon and start saving energy. Electricity Express can help you with any questions that you have, do not hesitate to call us.

Residential Electricity Contract Cancellation

For more hints and ideas on how to save money follow our power blog o videos.

For energy news: Energía.

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