When was the last time you compared your energy provider’s rates with those of other providers on the market? At a time when energy bills are a growing concern, it’s important to monitor price fluctuations among different providers, because your current contract isn’t always the best option.
Benefits of switching providers
- Financial savings: lower rates can result in lower bills throughout the year
- Better service: some suppliers offer better customer service or additional benefits, such as insurance and promotions
- Renewable energy: you can choose suppliers that invest in clean and sustainable energy
How to analyze available offers?
The first step is to compare the available rates. To do this, you can use ERSE’s price simulator, which allows you to compare all rates accurately. Price is a very important factor, but it’s not the only one—before choosing the cheapest option, consider:
- Quality of customer service
- Included insurance and protections
- Available payment methods
- Promotions and additional benefits
How do you switch providers?
The process is simpler than it seems. Just contact the new provider and let them know you want to start a new contract—they’ll handle all the necessary procedures, including canceling your previous contract. Have the following documents on hand:
- Latest payment receipt
- Tax ID number (NIF)
- Customer number from the current contract
Are there any switching fees?
It’s important to check the terms of your current contract. If you’re still within the contract lock-in period, there may be a penalty for early termination. Outside the lock-in period, you can switch at no cost.
The LEFE team can help answer your questions about energy and present solutions that structurally reduce your energy costs, such as solar power or efficient HVAC systems. Contact us to learn more.
