When you change electric companies, your current rate will be replaced by the new rate you have chosen with the new company. It is important to understand that the change of company implies the termination of your current contract with the current company and the beginning of a new contract under the conditions of the new selected tariff. Here we explain in detail the aspects to consider during this process.
First, you should check if your current contract has any permanence clauses. Some promotional tariffs or special contracts include a minimum period of permanence during which, if you decide to change company, you could face a penalty for early cancellation. This penalty may vary depending on the specific terms of your contract, so it is essential to read and understand these conditions before proceeding with the switch. Contact your current electric company to clarify any doubts and avoid unpleasant surprises.
Once you decide to proceed with the switch, your new electric company will manage the supply transfer process. This includes the termination of the existing contract and the activation of the new contract. During this process, you will be sure to select a tariff that suits your needs and consumption habits. It is crucial to compare the tariffs available on the market and choose the one that offers the best balance between cost per kWh, fixed costs and additional services.
In addition, the change of company must not involve interruptions in the electricity supply. The transition is generally transparent for the consumer, ensuring that you will not experience power outages during the process. The new utility will coordinate all the necessary technical and administrative aspects to ensure a smooth transfer.
