High Usage Homes Can Still Save Money
High prices from this past summer’s PJM capacity auction led to price to compare rate hikes this summer. DLC customers alone have seen their rates go up by ! On top of that, NOAA is predicting a hot and humid summer in PA. That heat can drive up electricity usage, especially for your AC and EV charging. Thankfully, we have a solution for high usage Pittsburgh homes to cut their summer energy bills. Let’s see how choosing the best electric supplier plan can help you save more!
How to Shop and Save for High Energy Usage Homes
The DLC PTC rate is 14.14 cents per kWh. So, assuming the average monthly electricity usage is about 967 kWh, that’s around $140 a month for the supply charge alone. However, for high energy use homes, your monthly usage could be closer to 2000 kWh! Thankfully, you still have choices.
Some plans tend to have a low cost per kWh, and a fixed monthly reoccuring fee, or MRC. For most families who use less than a 1000 kWh, the monthly charge tends to eat up the savings from the lower price per kWh. But at higher usage amounts, the MRC has less of an effect per kWh cost. So, high usage customers actually spend less per kWh by using more.
For example, let’s take the Electric 12 Month Standard Fixed Rate with MRC from Public Power. This plan has a low rate at 13.3¢ per kWh. But this plan also includes a $14.95 monthly service fee. So, if you use 967 kWh in a month, your total will be $144. However, if you use 2000 kWh, your supply charges would be $266+ $19.99 MRC = $280. Compare that to DLC‘s PTC supply charge of $282 for the same usage. And the savings go up more as you use more power. By the way, it comes with a $50 early termination fee.
Beat the Summer Heat with These Plans
There’s several options that can save you money, even with high usage. And, we’ll compare the rest of these plans using an estimated 2000 kWh monthly usage.
Next we have a plan from our gold rated provider Frontier Utilities. Their PA Frontier Secure Power 12 plan comes in at 13.3¢ per kWh. And with the low $9.95 monthly fee brings your estimated monthly energy supply bill to $275.95. That’s better than the PTC rate. Plus, there’s no early termination fees, offering you flexibility if you need to leave the plan.
Last but not least, we have the Clear Guarantee 18 Plus High Usage plan from Clearview Energy. This plan comes in at 12.3¢ per kWh, with a $19.99 monthly service fee. This brings your monthly estimated supply charge to just $265. That’s $15 in savings every month compared to the PTC rate! In addition, this plan also comes with their Clearview Energy Rewards program, where you can earn points to spend on discounts and to participate in giveaways. And if that’s not enough for you, they have other plans that offer free nightly electric vehicle charging through their EV program.
Shop and Save this Summer
With higher PTC rates here, now is the time to shop for a better electricity plan. And these plans shield you against rising rates not just for this summer, but for months afterward. So, shopping the best energy supplier even for high use homes is easy! You can also compare rates, read reviews, and learn more at https://www.paenergyratings.com.