Best Reading 12 Month Electric Plan
High electricity bills can cause an individual to freeze in place. But you can take steps to prevent high electric bills from ruining your day, such as choosing low-rate, no-fee plans. If you live in Reading, local utility Met-Ed offers a price to compare (PTC) rate of 6.17 cents per kWh. Fortunately, these four electricity providers are competing to offer the best 12 month electric plan in Reading, PA.
Low Price 12 Month Plan
If you want the cheapest 12-month plan, the Tomorrow Energy 12 Month Fixed plan is it. Priced at 5.49 cents per kWh with no monthly recurring charges, this is well below the Met-Ed PTC rate. There is a $75 early termination fee, so keep this possible expense in mind if you choose to sign up. At the end of your term, your renewal notices will state what the new rate and term length will be going forward. If you don’t respond, the contract continues on a month-to-month basis with a variable rate.
As an added bonus, Tomorrow Energy is a 100% renewable energy company that offsets your usage with national wind renewable energy credits (RECs). That means electricity from 100% wind power replaces the energy you use.
12 Month Plan with No Monthly Recurring Charges
Another low price 12-month electricity plan is the XOOM Energy SureLock 12 plan. This electric plan is 5.99 cents per kWh with no monthly recurring charges. There’s a potential added fee of $110 if you cancel your plan early, so keep this in mind if you sign up. At the end of your contract term, the renewal notices will detail the new rate and term length if you stay with XOOM Energy.
One compelling feature that makes a best electric plan in Reading is whether there’s a rewards programs. These plans are no different. While the XOOM Xtras program offers customer deals and discounts that are sure to tempt you, there are others to look over.
Renewable Energy 12 Month Plan
An additional low-cost renewable energy plan option is the Verde Energy Clean Power 12 plan. This electricity plan is 6.09 cents per kWh with no monthly recurring charges or early termination fee. The Verde Energy plan offers 100% renewable energy and no monthly recurring charges or early termination fee. Once your contract is about up, your renewal notices will state what your options are going forward. This electricity company also offers a rewards program and customers can enjoy deals and discounts.
12 Month Plan with No Fees
Verde Energy offers another 12-month plan for Reading residents to consider, also with no monthly recurring charges or early termination fee. The Verde Energy Green Guardian 12 plan is 6.09 cents per kWh, which is the same price as the prior Verde Energy plan and offers another choice for Reading electricity shoppers.
12 Month Plan Below PTC Rate
The Public Power Saver’s Edge 12 plan is another 12-month fixed-rate plan that’s below the Met-Ed PTC rate. This electric plan is 6.09 cents per kWh with no monthly recurring charges. A $50 early termination fee exists, which is something you should know when you sign up. When your term is about to end, look at the renewal notices to see if your plan continues at a fixed or variable rate. As a bonus, Public Power offers its Power Perks rewards program where customers get deals on shopping, dining, and entertainment.
Best 12 Month Electric Plan
For you, the best electric plan in Reading really depends on your needs. For the cheapest price per kWh rate plan, the Tomorrow Energy 12 Month Fixed wins hands down. However, if want a renewable energy plan with no extra charges or fees, it may be worth it to pay a little bit more in kWh rates and choose one of the Verde Energy plans. But, remember that all the electricity plans listed above have incentives attached to them. So, you might feel a charge of excitement running through you as you learn about your options.
You have more than one electricity choice in Reading, PA. To help make your decision even easier, visit https://www.paenergyratings.com. You’ll find electric company reviews, electricity plan options, and so much more!