Save on Electricity Plans in Reading
Shopping for an electric supplier can seem daunting. Not only do you have to think about searching for the cheapest electricity rates, you have to think about any early cancellation fees or monthly charges. And it can be really difficult when your plan ends during winter or summer when prices tend to be high. But you don’t have to stick with a 12 month plan! A shorter term length could just be the ticket to saving you money. And if you’re in Reading PA, we might just have the perfect plans to help you save.
How You Can Save with 8 Month Plans
If you’re shopping right now, the standard 12 month plan may not be your best choice! Your plan would expire next winter. And energy rates tend to be higher during the winter. A shorter term length, like an 8 month plan, would would expire near the end spring. That’s a perfect time to lock in a low price for the year!
In addition, if you’re planning to move or make other big financial decisions, a shorter term length would present less hassle. Not to mention, the shorter contract lengths tend to provide some great deals.
Get the Cheapest 8 Month Rate
Let’s compare a few of the plans with 8 month term lengths in Reading with some of the standard length plans. We’ll compare these using 854 kWh, the average monthly usage in PA. Though your useage may be higher due to the coming winter weather.
We’ll start with one of our top three rated providers, Direct Energy. Their Live Brighter 12 AE plan comes in at 9.99 cents per kWh. That adds up to about $85.31 a month in energy supply. That’s lower than the current Met-Ed PTC rate of 10.404 cents per kWh. As 12 month plan, it will end next November right as the shoulder months finish. So, be sure to set a calendar reminder to shop for another fixed rate electric plan next October so you’ll be ready.
Now compare that to their Live Brighter 8 AE plan. This plan will only cost you 9.39 per kWh and takes your energy supply bill down to $80.19. That’s $5.12 a month cheaper than their 12 month plan, and $8.85 a month cheaper than the current PTC rate! And there’s no monthly charges or early termination fees to worry about. Plus if you sign on now, the next time you shop will be the spring shoulder months. So you maybe able to lock in a longer term plan at an even lower rate.
Explore 8 Month Green Energy
Maybe you prefer to purchase green electricity? You can score an 8 month plan that uses renewable energy! Check out American Power and Gas and their Residential 100% Green plan! At 12.31 cents per kWh, it’s a little higher than the current PTC rate, costing you about $105.12 a month in energy supply. But, there’s no early termination fees or monthly charges to worry about. Keep in mind, the PTC rate is likely to rise this winter. And with the coming La Nina winter, those PTC bills could be high. Not only would you save but you’d be doing it with 100% renewable energy!
Shop and Save on Electricity
Shopping for an electricity plan can be easy! But you have to know where to look. And if you’re not in Reading, don’t worry. We still have the best plans for all of PA utility service areas! Compare rates, read reviews, and purchase a plan from a reputable provider all in one place. Visit https://www.paenergyratings.com