💡 The Basics
Low Cost Power is a free electricity rate monitoring service. We watch our partners' electricity supply rates in your area and notify you when we find a rate that meets or beats what your utility company charges, then we handle the supplier switch for you.
Think of us as a personal shopper for your electricity supply. You sign up once, and we do the work of finding better rates on your behalf, indefinitely.
Yes, completely. Low Cost Power earns compensation from our partner suppliers, not from you. There are no enrollment fees, no monthly charges, and no hidden costs of any kind.
Our business model only works when we find you real savings, so our incentives are entirely aligned with yours.
No hidden fees. No strings. The service is transparent by design. We'll always tell you what rate we're moving you to before making any changes, and the plans we source carry no early termination fees.
Low Cost Power is an energy concierge service. Our team has deep expertise in the energy markets of Pennsylvania, New Hampshire and New Jersey. We're committed to helping consumers access fair electricity supply rates through the power of deregulation.
⚡ Your Service
Absolutely not. Your electricity service will not be interrupted in any way, not even for a second. Your local utility company continues to deliver electricity to your home exactly as before.
The switch happens administratively in the background. You won't notice a thing except a lower supply rate on your bill.
Yes. Your local utility company continues to fully manage your account — including meter readings, maintenance, repairs, and billing. You may see your new electricity supplier listed on your bill, but the relationship with your utility doesn't change.
Always call your local utility company for outages or any service issues. Their number is listed on your monthly bill and doesn't change. For questions about your supply rate or Low Cost Power account, our team is here for you at 1-844-339-0267.
Your billing experience stays largely the same. You'll still receive a bill from your utility company. The main difference is that your electricity supplier may be listed differently showing the competitive supplier rather than the utility's default supply option.
If you move within the same utility service area, you may be able to keep your current arrangement. Please contact us and we'll help you navigate the transition. You can reach our team at support@mylowcostpower.com or 1-844-339-0267.
💰 Savings & Rates
Savings depend on your electricity usage and current market rates, both of which vary throughout the year. We cannot guarantee a specific savings amount, as markets fluctuate.
What we can guarantee is our goal: we will only switch you to a rate that meets or beats your utility's current price-to-compare.
We compare available rates from our partner suppliers in your area against your utility's published price-to-compare. If we find a rate that meets or beats it, we notify you with full details: rate, supplier name, and estimated savings before anything changes.
We keep monitoring. If the rate you're on is no longer the best option, we'll look for a better one and notify you. Our goal is to keep you on a competitive rate over time not just once.
The plans we source have no early termination fees, so switching again is never a problem.
Not necessarily every month. Market conditions change, and there may be periods when no supplier can beat your utility's rate. In that case, we won't switch you and we'll tell you that we're still watching. We never move you to something more expensive.
🔄 The Switch
Each utility is different, but a supplier switch typically takes effect within 1–2 billing cycles after it's processed. During that time, your service continues without interruption.
The supply plans sourced through Low Cost Power do not have early termination fees.
However, if you already have a supply contract with a different supplier before signing up, that contract may include exit fees. We strongly recommend reviewing any existing supplier contracts before enrolling.
Yes. There's no long-term commitment to use Low Cost Power's service. Contact our team and we'll help you with any changes to your account.
No. We collect only the information needed to identify which competitive electricity rates are available in your service area and to complete the supplier switch on your behalf. We do not sell your data, add you to unrelated marketing lists, or share your information with parties not involved in your rate switch.
You can cancel your enrollment at any time. When you do, we stop all monitoring and will not contact you further unless you reach out to us first.
The consent language references the companies that may be involved in your electricity supplier switch. State regulations require us to disclose all licensed energy suppliers and authorized service providers who may play a role in completing your rate change.
This does not mean you will receive marketing communications from unrelated companies. If you have questions about any specific language in the consent form, call us at 1-844-339-0267 and we will walk you through it plainly before you sign up.
📍 Eligibility
Low Cost Power currently serves residents in Pennsylvania, New Hampshire and New Jersey . We are actively working to expand service to additional deregulated states.
If you're not in one of these states, fill out our contact form and we'll notify you the moment we expand to your area.
Yes. An active residential electricity account with a utility company in Pennsylvania, New Hampshire or New Jersey is required to enroll in the Low Cost Power service.
Low Cost Power is primarily designed for residential customers. If you have a business electricity account and are interested in rate monitoring, please contact us and we'll discuss your situation directly.
🔓 Understanding Deregulation
Energy deregulation refers to the process of removing government controls over parts of the energy market, allowing consumers to choose their electricity supplier rather than being automatically assigned one by their local utility company.
Think of it like cell phone providers: instead of being stuck with one company, you can choose among multiple providers based on price, terms, and service.
Low Cost Power currently operates in Pennsylvania, New Hampshireand New Jersey, all of which have deregulated electricity markets. Not all states have deregulated energy markets, which is why our service is limited to states where consumers have the legal right to choose their supplier.
The price to compare (PTC) is the rate your utility company publishes so that consumers can evaluate whether a competitive supplier offers a better deal. It's the benchmark we use when monitoring rates on your behalf.
We only recommend switching to a supplier if their rate meets or beats this published benchmark.
Rate Shield is our price-match guarantee. It means we will only switch your supplier to a rate that meets or beats your utility's current price to compare. You will never be switched to a rate higher than what your utility charges. If nothing better is available in your area, we do nothing and keep monitoring.
Yes. We only work with licensed, reputable electricity suppliers who operate legally in the deregulated markets we serve. All suppliers must be approved by the relevant state public utilities commission to operate.