Friday, April 22, 2011

Warning! Check all utility bill notices CLOSELY!

Recently we have gotten notice that they are putting through utility aggregation in our area. How this works is they collect your account with a bunch of others then shop for "lower" utility rates. How it usually ends up is you are paying your local utility for part of your bill and another utility for the rest. What they DON'T tell you is that you end up paying MORE for what the second utility provides than just going with all local/One company.

Case in point Local utility "apples to apples" comparison price is 6.5 cents/kwh. The fine print on the aggregation notice I just got is at a rate of 7.2 cents/kwh for the next two months and 6.2 after that. Of course not guaranteed. Also being SNEAKY the next two months are the hottest, and that means air conditioning. So the high usage months are at a higher rate and you don't see any savings until it gets colder.

What infuriates me is that it's opt-out. Meaning you have to SEND THEM A LETTER to tell them to leave you the hell alone.

UPDATE
I've since recieved more opt out notices. I think they send them out every few months to trap those that opted out *FUME*

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