How To Cancel Green Mountain Energy Company

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Green Mountain Energy Company Refund Policy

Green Mountain Energy Company's Refund Policy prioritizes consumer protection, ensuring transparent resolution of billing disputes and issuing refunds if warranted by the decision of the DPS:

Waive-off Early Termination Fee

If you relocate outside of Green Mountain Energy's service region, the firm will waive your early termination cost.

This guarantees that you may smoothly migrate your energy services without incurring any penalties. Green Mountain Energy tries to make your migration as easy and stress-free as possible.

Consumer Protections

Disputes regarding services are addressed promptly through direct communication with Green Mountain Energy. Customers are required to pay the bill in full during disputes, with refunds issued if deemed warranted by the decision of the DPS. 

SolarSPARC Terms

If the SolarSPARC program is discontinued, customers receive written notice and can transition to another Green Mountain product without charge. Upon termination of the agreement, any SolarSPARC credits are refunded within 90 days.

How Much Can You Save After Canceling Your Green Mountain Energy Company Subscription?

After canceling your subscription with Green Mountain Energy Company, you could save around $91 to $97 per month, depending on your plan.

The cheapest plan, Pollution Free Reliable Rate, starts at 9.10¢ per kWh, resulting in an average monthly bill of approximately $91. With no early termination fee for this 12-month plan, you can seamlessly switch to a more cost-effective option.

Similarly, the other available plans, starting at 9.70¢ per kWh, offer estimated monthly bills starting at $97.

Where To Invest That Amount?

With your savings from canceling your Green Mountain Energy subscription, consider exploring unique investment opportunities beyond traditional options like stocks or 401(k)s. Here are five alternative avenues to grow your wealth and diversify your investment portfolio:

Peer-to-Peer Lending Platforms

Invest your savings in peer-to-peer lending platforms. These platforms allow you to lend money directly to individuals or small businesses, earning interest on your investment over time.

Real Estate Crowdfunding

Explore real estate crowdfunding platforms such as Fundrise or RealtyMogul. These platforms pool funds from multiple investors to invest in a diversified portfolio of real estate properties, offering the potential for passive income and capital appreciation.

Collectibles and Memorabilia

Consider investing in collectibles or memorabilia such as rare coins, stamps, vintage toys, or sports memorabilia. These tangible assets can appreciate over time, providing potential returns beyond traditional financial investments.

Cryptocurrency

Venture into cryptocurrency by investing in digital assets like Bitcoin, Ethereum, or other altcoins. While volatile, cryptocurrencies offer the potential for significant returns and can diversify your investment portfolio.

Impact Investing

Explore impact investing opportunities that align with your values and contribute to positive social or environmental outcomes. Consider investing in sustainable businesses, renewable energy projects, or community development initiatives to make a meaningful impact while earning potential returns.

Alternatives To Green Mountain Energy Company

Several alternatives to Green Mountain Energy Company offer renewable energy solutions and competitive services. Here are five options:

Arcadia

Arcadia provides renewable energy options to residential customers across the United States. They offer a platform that connects customers with clean energy sources, allowing them to support renewable projects and reduce their carbon footprint.

CleanChoice Energy

CleanChoice Energy offers residential and commercial customers 100% renewable electricity and carbon offset solutions. They source their energy from wind and solar farms, providing customers with a simple way to support clean energy without rooftop solar panels.

Sunrun

Sunrun specializes in residential solar energy solutions, offering solar panel installation, maintenance, and financing options. They allow homeowners to generate clean energy and reduce reliance on traditional utility companies.

Renewable Energy Certificates (RECs)

Consumers can purchase RECs from organizations like the Renewable Energy Markets Association (REMA) rather than choosing a specific renewable energy provider.

RECs represent the environmental attributes of renewable energy generation and can be purchased separately from electricity consumption.

Local Utility Green Programs

Many local utility companies offer green energy programs that allow customers to opt-in for renewable energy sources.

These programs often include options for wind, solar, and other renewable sources, providing an accessible and convenient way to support clean energy initiatives.

Each alternative allows consumers to support renewable energy and reduce their environmental impact uniquely, providing flexibility and choice in pursuing sustainability.