Thread: Resident Power
View Single Post
Old 04-15-2012, 02:21 PM   #5
Whimsey
Senior Member
 
Whimsey's Avatar
 
Join Date: Aug 2007
Location: Rum Point/West Alton
Posts: 195
Thanks: 258
Thanked 37 Times in 24 Posts
Default Not serving NHEC yet

Buried on their website, it says "We are currently serving PSNH. We will have agreements in place to serve all utilities in NH shortly. Once you are enrolled you will be notified via a supplier notice with rate and terms. "

If you read their contract, you have to sign up for an initial one year period. It then auto renews for 3 month increments until someone gives a 30 day notice. In the contract, they guarantee: "Price Guarantee: Resident Power guarantees that your new electricity rate will be lower than the posted residential rate offered by your local utility company at the time of enrollment with your new competitive electricity provider (“CEP”). The 5% savings guarantee applies to PSNH customers only. All other utility customers are guaranteed a savings against the posted residential rate offer by their utility; however it may be a savings of less than 5%. If Resident Power is unable to secure a rate that is lower than that of the posted residential rate offered by your local utility company, Resident Power will not enroll you with a new CEP and you will remain with the utility company, at no additional charge, until such time as a new rate is found or you terminate your membership in the Resident Power program.

Note the "at the time of enrollment" wording in the price guarantee.

If anyone with NHEC does enroll, I'd be grateful to hear how well it works.
Whimsey is offline   Reply With Quote
Sponsored Links