Blog Post

GridBid: A better way to shop for electricityMay 2, 2019

Introducing a better + faster way to compare electric providers

GridBid is a free, transparent, and instant way to compare custom electricity rates from the top providers—completely online. Hidden fees? Nope. Long wait times? No wait times. If you create an account, you can even get access to rate discounts and see monthly bill estimates.

Check out this quick guide to see how GridBid can help you find the best electricity rate without all the headaches.

By the way, GridBid currently offers business rates only. If you’re looking for residential rates, check out this link: awesome energy rates for your home.


Getting started

When you create your profile, we’ll ask you to tell us a little bit about your business. You’ll be able to add your service addresses and connect to your historical usage data to unlock GridBid’s full functionality. Most of the information we request, such as your company name and address, is required by your local utility in order for us to pull your usage history. We’ll keep all your info safe, and we’ll never sell, distribute, or trade anything you tell us (just FYI).

Select your properties

After you create an account, you’ll be taken to the GridBid Marketplace. It takes 8-24 hours for the utility to respond to our usage request, but we’ll send you an email when your data is connected.

When you're ready to search, just click the blue calendar icon to set a start date for each property.  If you don’t know where to find your current contract end date, check out our guide to finding your contract end date.

You can also click the blue diamond to see a quick tutorial of how to configure your start dates for each property.

See your average bill

Once you click the ‘Search’ button, you’ll see every rate available to you, sorted with the lowest rates first. On each card, you’ll see your average monthly bill for that plan – all hidden fees and delivery charges included. This number is calculated using your real usage history, delivery fee data, and takes into account all fees for each plan. Just know, your future bills will be slightly different, depending on how much energy you actually consume in each month.

See all your future bills

If you’d like to learn more about a plan, click the “View Plan Details” button at the bottom of the rate card. You’ll be taken to a detailed overview of the plan which includes an estimate of every month’s bill, the total annual cost, additional fees, and other details about the plan.  

Enroll immediately

When you find the perfect plan, you can enroll directly through the GridBid app. No more printing, scanning, or emailing paperwork. No more getting pressured into a bad decision by a pushy sales rep. No more headaches. Enrollment can be completed securely online, and only takes about two minutes. When you set up your profile, we gather most of the information needed to enroll. All you have to do now is double-check your info, read through the terms and conditions, and sign. Done!

We’ll send the agreement to your new provider and notify you when everything is complete. We’ll even coordinate the switch to your new provider, so you don’t have to lift a finger. All you have to do is sit back and enjoy your savings.

Finding the perfect energy plan should be easy. GridBid makes it happen. Sign up for a free account today and see how simple it is to make smart energy decisions with GridBid.

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