Posted by Shane McLaughlin
on 11/05/2013 at 10:22 PM
TrueCost conducted a customer survey earlier this year and people told us
they were saving, on average, 20 percent after using TrueCost to switch their electric plan.
In an interview that aired this morning, KHOU-TV news reporter Mia Gradney
spoke with Libby from Clear Lake, who switched using TrueCost. Here's the link
if you're not able to see the video above.
The short story is that TrueCost helps people save money by comparing rates. We do it by showing your costs based on how you used electricity over the last 12 months. But the first switch is just the beginning.
When you get busy, it's easy to forget to select your next plan when your contract expires. If you don't make a selection, you'll roll over to the default variable rate, which can be much more expensive
than the rate you had selected. This is especially dangerous if it happens during the summer -- like it did to Libby.
It's such a common (and expensive!) mistake that from the very beginning, TrueCost sends renewal reminders for people who sign up through the site. If you sign up for a 12-month plan today, you'll get an email from us next year as that deadline approaches.
Thanks to smart meters, you can even put in a switch today for a start date in the future -- up to 60 days in advance. Keep in mind, though, that while switching plans late can cost you, so can switching early
Even if you didn't sign up for your last plan on TrueCost, you can get in on the reminder service via your My Account page. Register for TrueCost today!