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Logical-Bus401 t1_j4b9qz0 wrote

Direct Energy has a fixed rate plan only available to new customers right now so they won’t raise your rate for for the 2 or 3 years, so the price per kWh is the same each month and won’t increase OR decrease over the term of the contract. A variable price offer which eversource has unless you locked in your rate in the fall, will vary in price per kWh from month to month based on the price of electricity. Direct Energy will notify Eversource for you if you switch. Right now it’s smart to switch to direct energy because it will save you money. However, the downside is if the price of electricity goes back down in the next 2-3 years you won’t be able to benefit from that. But keep in mind that there is no cancellation fee with Direct Energy.

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