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Selfless- t1_j4bbmr8 wrote

Ultimately, you get to pay less for the exact same 60Hz performance you’ve been enjoying. Nothing changes but your cost.

But also, your electricity producers are incentivized to produce power less expensively while also creating more overall profit through a free market system.

The cons: Only the people willing to shop around get to pay a lower rate.

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Black6host t1_j4bol2x wrote

How are the other charges like delivery charge and misc fees with Direct Energy? Also, I see multiple options, some a bit less expensive than others, all offered by direct energy. Are all of them able to be cancelled with no penalty? Thanks!

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Selfless- t1_j4bvxh8 wrote

Delivery etc. are still provided by Eversource at their standard rate.

I think Direct Energy puts you directly into one of the contracts they bought, so if they buy from a supplier for XX years at a certain price then they sign up as many customers as the numbers allow for that price and term. They’ll find you a new contract when that one ends if you haven’t switched yourself already. Any leftovers they sell to Eversource.

Still no penalties for switching mostly I think because no one has been switching so Eversource still has near 90% of the customers by default. If the freedom ever starts costing them money then maybe there will be fees.

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Black6host t1_j4bw5au wrote

Thank you. Just signed up, my elec bill, like everyone's, has been going through the roof.

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