The other day I had a notice pop up on my calendar that my current electricity service agreement was set to expire soon. I typically hate dealing with this, because you know the company is going to offer terrible deals for you to stay with them. However, it’s a necessary evil so I logged on to their website and started looking for a decent deal that I could renew with. After a quick search, I saw absolutely nothing that was better than my current deal so this led me to check out some of their competitors’ prices.
Lucky for me I live in Texas so we are a deregulated state and are able to choose between multiple energy companies. After a quick search I found a deal with a new company that was much better than my current deal. At this point I had no intention of going back to my current provider, but I thought I would give them a call with my new deal in hand to see if they could figure out a way to beat it.
I’m the first to admit, that I hate talking on the phone, especially for things like this, but if it impacts my bottom line, I can find the motivation to do it. So after going through their automated system and being on hold for 5 minutes I finally got a sales person on the line. I explained that I was calling because my current plan was set to expire and I wanted to see what type of offers they had for me. This led the sales person to basically read off the same crappy deals that I had seen online. At that point I explained that none of those deals were better than my current deal and that I had already found a better deal with one of their competitors.
Naturally the sales person wanted to know what type of deal I had received so I provided the information (I had nothing to hide) and they put me on hold so that they could “check for other deals.” AKA, I wasn’t a sucker that was going to fall for the crap deals they offered online, so they were actually going to have to give me a good deal or risk losing a long time customer.
After a short time of being on hold, the sales person came back with a deal that to my surprise beat my current deal and the new deal I had worked out with the competition. Not only that, but in order to keep my business, they also offered me a $100 VISA gift card. I honestly had no intention of things playing out like this, so it took me by surprise, but after realizing the new offer was a no brainer I accepted it.
So it took a little bit of time and some negotiating, (which as Max Your Freedom points out is a very important skill) but ultimately I was paid $100 to lower one of my fixed monthly expenses. I would consider this a point in the win column for me!
So readers, have you had a similar experience with one of your service providers? Or maybe you have another completely different way to earn some quick cash. If so, let’s hear it!