Electricity spend is amongst the major living costs for families. The common electricity bill for the household was $1369.32 annually, in accordance with the EIA's latest report.  The typical residential electricity spend per person in 2012 was $750.  Since 2001, the power prices have risen about 65% in the Usa In Texas, prices increased by 49% and in Pennsylvania by 66%. 
Now how can a household try to lower their utility bill? The reply is collective buying or programs like Bigger. Better. Together.
For some time, businesses have aggregated their meters as a way to secure wholesale pricing from suppliers. Whether you’re an enterprise which has multiple locations, or if you choose to team up with other business owners, the possibility to save cash by aggregating your electricity consumption may be significant. You can now do the same with your home electricity rate.
With "Bigger. Better. Together.", buyers group together to get the absolute minimum purchase amount, and in doing so, they are able to secure an excellent, low rate to the service or product. To provide a concept of how this works, imagine this: in case you found it necessary to buy an appliance for your house and you went to a big box store to have it, you’re likely just make payment on list price. But when you knew 100 people who needed to purchase the same product, you can probably go instantly to a manufacturer and negotiate a bulk buy, therefore, you will get even closer the wholesale expense of this product.
With residential aggregation, individuals pool their usage to barter better contract terms and prices. By doing this, participants are able to choose a power rate that is typically superior to currently advertised prices. So the bigger the group, the better potential savings. Thus, along with the buying power of numerous households, you are able to unlock discounted energy rates to enhance power brokers supplier competition for the home.
When great minds come together, beautiful things happen. Incite Energy is a Texas-based energy services company that partners with customers just like you to avoid wasting cash and time with your energy costs. We work on your behalf to have a members-only electricity rate.
Founded in 2012 in Houston, Texas, Incite Energy is usually a trusted leader in energy management and procurement, serving commercial and residential clients around the United states Individuals work alongside Incite to find, innovate, and improve energy programs and strategies.
Incite Energy believes in providing a transparent look at the ever-evolving market, while our experts design tailor-made methods to deliver energy saving money and increase efficiencies.
 EIA.gov, 2014 Average Monthly Bill- Residential
 Energy.gov, Exactly how much do you really spend?
 EIA.gov, Electricity Data Browser