What is the best plan right now?
If you’re living in the PECO service area and need a cheap Philadelphia energy plan, you might be in a spot of trouble. The coming summer promises to be a hot one, and the cities will be boiling. That means electricity plans rates will rise as demand rises for air conditioning. So from me to you, let me offer help for your search for the best deal.
What is the cheapest plan?
Let’s look at three plans, all of different lengths and with different rates. The first plan is a six month plan called the Online Lock-6 from Frontier Utilities. With a rate of 6.6 cents per kWh and a termination fee of $10 for every month remaining in each month, it is the cheapest six month plan from PECO energy suppliers. Other six month plans have a rate of 6.9 cents per kWh or higher, going all the way to 8.9 cents per kWh.
What is the cheapest 12 month plan?
With a twelve month plan your electricity rates don’t change for a year. The NextEra Saver 12 from NextEra Energy has a cheap rate at 7.1 cents per kWh with an early termination fee of only $10 for the number of months remaining in the contract. So if you have three months remaining, you pay $30. Compared to other plans with rates as high as 10.6 cents per kWh it’s the cheapest 12 plan in PECO philadelphia. In January the cheapest plan was from Sperian Energy, but because of the changing market that plan now costs 7.7 cents per kWh.
Who is the cheapest 36 month plan in PECO Philadelphia?
This next plan is for people who don’t want to worry about having their rates changed for a long time. TriEagle Energy, Eagle 36 is a 36 month plan with a rate of 7.6 cents per kWh that doesn’t change for three years, protecting from rising energy prices. It has a high termination fee of $125 but if you decide to cancel the plan before the end of the second year, you would save money versus a plan with a $10 per month cancellation fee. Other similar 36 month plans have rates of 7.9 cents per kWh and higher. Check out comparisons of TriEagle Energy and other Philadelphia electricity suppliers.
Who has the best and cheapest plan?
The best plan here depends on your situation, if you’re planning to move in the near future the six month would be the best option. However if you want a low rate of electricity for a long time the twelve month or thirty six month plans may be preferable to a six month. You choose what plan fits your situation, and enjoy the savings. If you would like to look at more plans though, check out https://www.paenergyratings.com for more choices.