Framingham resident here....I received in the mail an offer from Dominion Energy, one offering to switch over my current recieving of energy from Nstar to Dominion. I believe that everything else would still be handled by Nstar. Does this save money? Anyone notice any savings? Thanks!
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Heidi McIndoo
7:25 am on Friday, May 4, 2012
We switched to dominion a few years ago and I know there was a savings at the time. I don't keep track of what Nstar charges, so I can't say how much savings there has been but I feel like I received a statement at one point that showed the difference over the past year.
bob b
7:28 am on Friday, May 4, 2012
I got the same offer and did some homework. I have a write-up on facebook: https://www.facebook.com/note.php?note_id=10150755097052978.
Bottomline: the kwh rates between suppliers vary in the range of a few 10th's of penny.
For every .001 per kwh difference, a monthly consumption of 1000 kwh in a given billing period equal's $1.00 difference in your bill.
Consider that I typically average 400 kwh per month (except during the summer when the central AC is running, then it spikes to 600 kwh) - I'm not sure its worth the time to shop around too often to save a couple dollars.
David Moore
11:03 am on Friday, May 4, 2012
We signed up with Dominion Several yrs ago to lock in the rate($0.12/kw) but Nstar's rate dropped to $0.07 so I paid a $50 penalty and went back to Nstar. We average $110-150/month and saved the $50 in 2 months. Good luck trying to predict what is going to happen in the future!
M
2:29 pm on Tuesday, July 3, 2012
NStar negotiates new rates every 6 months and gives you a fixed-rate every 6 mos (Jan-June; July-Dec). If you switch within those periods, you owe the difference in fixed versus monthly. I switched at end of June and now I owe Nstar $77. (I use about 400 KwH per month.) I called to see if they'd drop the charges if I switched back (spending $50 on cancelling Dominion) and they said no. Goodbye NStar. Now I might never come back to them.