How to Save 5% to 15% on your Utility Bill with Constellation Energy
Did you know that you can shop for your energy supplier, just like the way you can shop for banks? In recent years, many states have deregulated their energy markets, meaning that multiple companies can produce energy and sell it to consumers at competitive prices. No more are consumers tied to just one utility, bound to pay whatever that utility wishes to charge.
Constellation Energy is a pioneer in the field of competitive energy. When you join Constellation Energy, you can save between 5% to 15% on your monthly energy bills. Basically, how Constellation Energy works:
- You remain with your current utility company – they still deliver your energy and handle your billing
- Through Constellation Energy, you simply select which company will be the source of your energy (still delivered through your current utility)
- Your currently utility company will continue to manage your pipelines, wires and equipment, and will handle any outages and service visits
- The only difference is that you’ll pay less for each month’s bill
How does Constellation Energy offer lower prices? The key is in deregulated, competitive markets. Competitive energy suppliers are able to purchase energy (in the form of contracts) whenever they see a good value. This chart illustrates this point, competitive energy suppliers are able to purchase supplies of energy at good price points (shown as the green dots):
Regulated utilities (like the one you currently use) simply buy energy at any point along the yellow line (representing price). They are not allowed to engage in speculation with respect to purchasing energy, which reduces financial risk for them, but also makes them less competitive and less innovative. Constellation Energy is the first way that you can tap into these new competitive energy companies and purchase energy at a lower price.
How do I sign up?
Just visit Constellation Energy’s signup page and fill in your details. You’ll be presented with a few options available to you, along with the amount you will likely save each month using each option. Once you decide you want to move forward, you simply register with Constellation Energy and they will walk you through the rest of the process. Again, you’ll still receive your bill and service through your existing utility. You’ll just notice a decrease in your monthly bill. There will be no service interruption, service visit required, or anything that will disrupt your energy usage.