Shop and Lock Cheap Long Term Electricity
Spring has sprung, dropping electricity useage and bringing savings your way! And with natural gas prices dropping to a four-year low, electricity rates have really fallen. So if you want to take advantage of the low rates, and shop the best electric company and lock in the cheapest rate now! Here’s some fantastic long-term plans for Met-Ed customers that you’re sure to love.
Shop Lowest Long Term Electricity Rate
The Met-Ed PTC rate of 11.31 ends on May 31, 2024. So assuming an average monthly electricity usage in PA is 854 kWh, this means the PTC cost is about $94.79 per month. We’ve certainly got lower rates for you. And since all these plans are 24 month plans, you could lock in these low rates for the next two years.
First up is our lowest available long-term rate from a top 10 reviewed electricity provider. The Xoom Energy SureLock 24 plan comes in at only 10.49 cents per kWh. There’s no monthly charges to worry about but, there is a $200 early termination fee to be aware of. The good news is that you’d pay a monthly energy supply cost of about $89.58. That’s saving about $5 a month or $120 in savings over two years! And if PTC rates rise again, you’ll be saving even more.
Shop and Lock Cheap Rates
Next we have a plan from our #4 rated electricity provider, APG&E. Their TrueSimple 24 plan is only 10.72 a kWh. There is a $200 early cancellation fee to be aware of and an additional $1.99 monthly service charge. This plan costs you about $91.54 in monthly energy supply costs. So, you’re saving about $2 a month, or $48 in two years compared to the current PTC rate.
Save with a Top Rated Provider
Finally, we have a plan from our #1 rated electricity provider, Constellation. Their 24 Month Home Power Plan comes in at 10.79 cents per kWh. So that’ll cost about $92 a month for your energy supply. It does come with a $150 early cancellation fee if you need to switch. But, you’re saving about $3 a month, or $72 in two years compared to the current PTC rate.
Shop and Lock Rates While Plans are Cheap
These savings may seem low compared to some shorter-term plans out there. But, electricity rates may likely rise again this summer. So, locking in a low rate now could save you money for a long time to come! And with so many great plans to choose from, it can seem daunting. But don’t worry! We’re here to make shopping for an electricity plan easy. Read reviews, compare providers, and more all at https://www.paenergyratings.com