Best 24 Month Altoona Electric Plan
If you live in Altoona, you have plenty of electricity plan options. But you want to choose the best Altoona electric plan so your monthly electric bill won’t get you hot under the collar. And if you choose a 24-month electricity plan, you can lock in a low rate for a long enough time to benefit from the low price but not too long so you feel trapped. Plus, you won’t have to worry about Penelec raising its price to compare rate every couple of months. That’s why with summer natural gas prices the highest they’ve been since 2014, now’s the time to lock in a low rate. So, who has the best 24 month electric in Altoona?
Cheapest 24 Month Electric Rate
The cheapest Altoona 24-month plan is the Energy Harbor Safe Harbor 24 plan. The electricity rate is 7.70 cents per kWh and there are no monthly recurring charges or an early termination fee. You can lock this rate in for two years. When your plan renewal notices arrive, you can choose to continue with the plan, though at a new rate. The plan shows a slight rate increase in the past year, from 7.29 cents per kWh in September 2020 to the current 7.70 cents per kWh. However, the overall change wasn’t too drastic. With that said, since there was an increase, you may want to lock in this low rate now in case of rate increases in the coming months.
Low Rate 24 Month Plan
Another cheap 24-month electricity plan is the Public Power Electric 24 Month Standard Fixed Rate plan. The electricity rate is 7.79 cents per kWh with no monthly recurring charges to worry about. There is a $50 early termination fee with this plan if you cancel early. Just be sure to find a better rate deal that offsets the early termination fee. There have been gradual rate increases with this plan, from 6.69 cents per kWh in September 2020 to the current 7.79 cents per kWh which shows an upward rate trend. But, if you lock in a low rate now, you won’t have to worry about increases for two years. When you receive your renewal notices, check the current rate. At that time, you can decide if you want to stay with the plan or choose a different one.
This electricity plan rate is slightly higher than the Energy Harbor one. However, this plan may be more tempting due to Public Power’s rewards program. The Power Perks program provides you with special money-saving deals and the opportunity to earn points towards dining and shopping gift cards.
Choose the Best Altoona Plan Today
Both electricity plans are sure to keep you smiling with their low rates and plan inclusions. And if you sign up for one of these plans today, you won’t get freezed out by future high prices! Plus, with the rate increase trend, you can get a feel for what these rates may do in the future. This is helpful to know for when the time comes to renew your electricity plan. And when you lock in a low fixed rate today, you won’t take a chance with a fluctuating PTC rate.