Four Cheap Electricity Rates for You
Autumn is in full swing, and with it come cheap electricity rates. The fall shoulder months are one of the best times to shop for electricity. And with the current PECO rate expiring on November 30, 2023, you don’t have much time! Save money all year long with one of these four cheap, 12 month fixed-rate electricity plans.
Get the Cheapest Electricity Rate
Firstly, Frontier Utilities has two plans available for you. Their cheapest plan available is the Frontier Secure Power 12. At 7.99 cents per kWh, you’ll save about $15 a month compared to the current PECO rate. That’s over $180 in a year! And there’s no early cancellation fees, so if you find a better deal you can always switch providers. However, the plan does come with a monthly charge of $9.95.
The second plan is the Online Premier 12. At 8.59 cents per kWh, you’ll save about $10 a month compared to the current PECO rate. That’s about $120 in a year. And with no early cancellation fees or monthly charges to worry about, this plan is an absolute winner. The only catch? Both of these plans are limited to new customers only.
A Cheap Electricity Rate with Rewards
Next, we have a great provider with a fantastic rewards program. The Xoom Energy SureLock 12 comes in at 8.79 cents per kWh. Compared to the current PECO rate, that’ll save you about $9 a month. That’s over $108 in a year! And with no monthly charges to worry about, all of those savings will stay in your wallet. There is an early termination fee of $110 to be aware of. But with their extensive XoomXtras rewards program, you’re sure to save more money over time.
A Great Electricity Rate Without Monthly Charges
Finally for customers new to Direct Energy, we have a great deal for you. Their Live Brighter 12 plan is our second cheapest available plan. Coming in at 8.29 cents per kWh, you’ll save about $13 a month compared to the current PECO rate. That’s over $156 a year! And with no early termination fees or monthly charges to worry about, you have the freedom to switch if you find a better deal. This plan will save you the most money overall. So this is my preferred plan out of the four listed.
Shop Cheap Electricity Rates this Fall
Winter is coming and electricity rates will likely rise again! So if you want to save on electricity rates, it’s time to shop. Find the best rates, read reviews, and more all on one reputable website. Visit https://www.paenergyratings.com.