Get the Best Energy Plan for You
Winter is coming and with it rising energy costs. And given the current instability in the Middle East, natural gas prices could climb higher than usual. Since this affects electricity costs, it means PTC rates might climb even more this winter. Thankfully, fixed rate plans are low right now. That means your best bet for saving money this winter to is shop fixed rate energy plans. And to get you started, take a look at these great electricity rates!
Shop the Cheapest Energy Plans
According to the EIA, the average home in PA uses 854 kWh per month. For PTC customers, the current Met-Ed rate of 10.24 cents per kWh means an energy supply cost of about $87.45 per month. And that rate is going up on December 1 to to 11.306 cents per kWh!
First we have Direct Energy. Their their Live Brighter 12 plan is a great deal for new customers. At a fixed rate of 9.29 cents per kWh it’s currently the cheapest 12-month rate on the market. That’s a monthly energy supply of about $79.34. At the current PTC rate, that’s about $8 less per month, or $96 a year! And with no monthly charges or early termination fees. To top it off, they’re one of our top 3 company rated providers. So if you’re a new customer, give Direct Energy a shot.
The Best Energy Plans with Rewards
If you want a provider with great rewards, look no further than Xoom Energy. They have one of the most robust rewards programs available, XoomXtras. They’re offering three great plans to choose from.
First is the Sure Lock 12, their standard 12 month fixed rate plan. At 9.29 cents per kWh, you could save about $8 a month, or $96 a year.
Their Rescue Lock 12 on the other hand is 9.69 cents per kWh. Compared to the current PTC rate you could save about $5 a month, or a $60 year. The reason for the price difference is that Xoom donates 5% of all your monthly energy charges to Pet Smart charities.
Finally there’s the Simple Clean 12. With this plan you get entirely renewable energy at 9.49 cents per kWh. This could save you about $7 a month, or $84 a year.
All three plans have no monthly charges. However, if you value plans with flexibility, there is an early termination fee of $110 to bear in mind.
Energy Plans with High Ratings
Then we have Constellation and their 12 Month Home Power Plan. At a fixed rate of 9.59 cents per kWh, you could save about $6 a month vs Met-Ed’s current rate, or $72 a year. There are no monthly charges, but there is a $150 early termination fee. But as one of our highest customer rated providers, you know you’ll get great service from Constellation.
A Great New Customer Offer
Finally, for new customers only, we have Public Power and their Electric 12 Month Standard Fixed Rate plan. At a rate of 9.79 cents per kWh, you could save about $4 a month, nearly $50 in a year. But, there’s no monthly charges to worry about and only a small early termination fee of $50.
Shop Electricity Suppliers with PA Energy Ratings
With the potential for uncertain winter prices on the horizon, you want to shop and lock in low rate plans now. And these plans are sure to keep you saving all year long, especially if rates rise again next spring.
Stay on top of all the news affecting your energy bills as well as compare providers and shop the best electricity rates for your home at https://www.paenergyratings.com.