Saving with 6abc: Some energy contracts expiring

March 15, 2012 12:03:03 PM PDT
This is the place for tips on how to save hundreds of dollars a year on your electricity bill.

PECO rates will go up again on April 1st and even if you already get your electricity from another supplier, you could experience sticker shock on your next electricity bill.

By now, most of you know you can save money by choosing your own electricity or natural gas provider. In fact, many of you have already made that choice, which is good. Pennsylvania has a site called

The issue is the contract in which you enrolled in may now be expiring. That means it's time to take action again. But don't worry - we've got just the thing to help.

We had profiled the Snyder family after they switched natural gas providers using

"It couldn't have been a more pain-free process," Dave Snyder of Macungie, Pa. told us, "And it was free, too." is a group buying site that researches local suppliers with the best rates, terms, and conditions and then negotiates special group deals to get members the absolute lowest price possible. It also asks companies to waive cancellation fees and other penalties. AlphaBuyer then opens the deal up to its customers.

AlphaBuyer even handles the switch to your new provider so you don't have to do a thing. The savings will appear on your regular bill. Plus, the site monitors your bill. As your contract expires, the site will alert you and offer you another best in market deal - sometimes from a different provider - so you continue to save.

To continue saving on your electricity bill - pay close attention to your statements and any letters you receive. As contracts expire, double check your rates. Watch for escalating prices, new fees and penalties.