Save thousands with RI electricity contract renewal secrets

Strategies for Saving Money

To maximize savings, consider these strategies when renewing your electricity contract:

  1. Research Current Rates: Before renewing, research the current rates offered by various suppliers. This will provide a benchmark to evaluate if the renewal offer is competitive.
  2. Negotiate with Your Supplier: Don't hesitate to negotiate with your current supplier. They may offer a better rate to keep your business if they know you're considering other options.
  3. Lock in Fixed Rates: Opt for a fixed-rate plan to protect against potential price hikes. This can provide stability and predictability for your monthly bills.
  4. Consider Renewable Energy Options: Some suppliers offer plans that include renewable energy sources. These plans can be competitively priced and contribute to environmental sustainability.
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