Our Analysis of Cincinnati Bell Energy

How ironic??....I just had a family member try to aggressively switch me to Xoom energy and I said "no" after reading a few bad reviews in other states about that "outsourced" supplier. Well, I received my bill this month and it was over $400 and I thought.. WOW ! (over $250 was related to my very own "outsourced" supplier)... Now it's been cold but I don't think I have ever had a bill in the winter months so high. I 've had Cincinnati Bell Energy for a couple of years and I never really understood what I was switching over to...shame on me. We hear save money and we jump to save money. ...I am sure, in the beginning, I had a good rate... BUT, like many of us, we get busy and we don't remember to follow up on plans that are locked in for specific time frames. So I called both companies to understand my bill and found out that I am currently on a month to month variable rate plan with Cincinnati Bell Energy. I paid .10 cent/ kWh when I could have paid .48 cent/kWh with my current provider. I paid double the price... I learned a $125 lesson! (That is a significant difference in the winter when your usage is higher.., but now I now). Their customer service department was extremely nice and helpful and offered to lock me in around .5 cent/kWh but who wants to remember to follow up in 12 months AND it was still higher than what I would have paid my primary carrier. So I cancelled but please make sure you ask about cancellation and term fees. I didn't have any fees on my agreement but it is always important to check. I blame myself and not Cincinnati Bell Energy. They are in the business to make money .... So the moral of the story is...I know more today than I did yesterday!