I received an offer in the mail, today, to switch my electric provider to Dominion Retail, an outfit that claims it will charge me less for power than NStar does now (9.15 per kWh versus, they say, 11.442 per kWh), while doing it over the same lines. As a bonus, NStar will be responsible for billing, as well as service and power delivery. It reminds me of the telco deregulation, when all of a sudden New England Telephone (remember them?) was responsible for sending the bill, but AT&T was my long-distance provider.
So I have a few questions. Should I switch electric providers? What's the catch? Is this just utility industry competition?
Taking Dominion Retail at their word, there's no reason not to switch. Wouldn't everyone?
Thoughts welcome in comments.