{"id":4160,"date":"2024-01-28T06:39:00","date_gmt":"2024-01-28T12:39:00","guid":{"rendered":"https:\/\/www.paenergyratings.com\/blog\/?p=4160"},"modified":"2024-01-24T15:40:11","modified_gmt":"2024-01-24T21:40:11","slug":"save-with-cheapest-electricity-rates-in-penelec","status":"publish","type":"post","link":"https:\/\/www.paenergyratings.com\/blog\/save-with-cheapest-electricity-rates-in-penelec\/","title":{"rendered":"Save With Cheapest Electricity Rates in Penelec"},"content":{"rendered":"\n

Save More Without Penelec Rates<\/h2>\n\n\n\n
\"Save
Penelec raised its PTC prices on January 1. Learn how you can save when you shop cheap electricity rates with these great plans!<\/em><\/center><\/figcaption><\/figure><\/div>\n\n\n\n

All First Energy<\/strong> companies raised their rates on January 1st, and Penelec<\/a><\/strong> was no exception. Their current price to compare (PTC) rate is a whopping 10.607 cents per kWh! Thankfully, PA Electric Choice <\/a>lets you choose your own supplier. If you shop for the right electricity plan with low rates, you can save you a ton on your electricity bill. But where to start? Not to worry! Check out our top five electricity plans to save you money in the Penelec <\/strong>service area.<\/p>\n\n\n\n

Save On Electricity Rates for New Customers <\/h3>\n\n\n\n

The Penelec<\/strong> PTC rate of 10.607 ends on May 31, 2024. Assuming an average monthly electricity usage is\u00a0854 kWh<\/a>, that means the PTC cost is about $90.58 per month.\u00a0We can do much better than that!<\/p>\n\n\n\n

Firstly we have Direct Energy<\/a>.<\/strong> Their their Live Brighter 12<\/strong> plan is a great deal for new customers. At a fixed rate of 8.89 cents per kWh it\u2019s currently the cheapest 12-month rate on the market. That\u2019s a monthly energy supply cost of about $75.92. So at the current PTC rate, that\u2019s about $15 less per month, or $180 a year! And with no monthly charges or early termination fees. So if you\u2019re a new customer, give Direct Energy<\/strong> a shot.<\/p>\n\n\n\n

Get Rewarded for Saving on Your Electricity Rate<\/h3>\n\n\n\n

If you want a provider with great rewards, then Xoom Energy<\/a><\/strong> is right for you. They have one of the most robust rewards programs available, XoomXtras<\/em>. And three great plans to choose from.<\/p>\n\n\n\n

First is the Sure Lock 12<\/strong>, their standard 12 month fixed rate plan. At 9.49 cents per kWh, you’ll spend about $81.04 a month in energy supply costs. But compared to the current PTC rate, you could save $10 a month. That’s $120 in a year!<\/p>\n\n\n\n

Their Rescue Lock 12<\/strong> on the other hand is 9.69 cents per kWh. So that would cost you about $82.75 a month in energy supply costs. But compared to the current PTC rate, you could save $8 a month, or $96 in a year! The reason for the price difference is that Xoom<\/strong> donates 5% of all your monthly energy charges to Pet Smart charities<\/a>.<\/p>\n\n\n\n

Finally there\u2019s the Simple Clean 12<\/strong>. With this plan you get entirely renewable energy at 9.49 cents per kWh. So you’ll spend about $81.04 a month in energy supply costs. But compared to the current PTC rate, you could save $10 a month. That’s $120 in a year! <\/p>\n\n\n\n

Note that all three plans have no monthly charges, but there is an early termination fee of $110.<\/p>\n\n\n\n

Best Electricity Rate from a Top Rated Provider<\/h3>\n\n\n\n

Next we have a plan from our #4 company rated<\/a> electricity provider. The True Simple 12<\/strong> plan from APG&E<\/strong><\/a> comes in with a fixed rate of only 9.29 cents per kWh. That’s a monthly energy supply cost of about $79.34. So compared to the current PTC rate, you could save $11 a month, or $132 in a year! There is a small monthly charge of $1.99 to be aware of, as well as an early termination fee of $150.<\/p>\n\n\n\n

Save on Your Electricity with the Best Rates <\/h3>\n\n\n\n

You don’t have to stick with the Penelec <\/strong>rate! Locking in one of these plans can save you a ton. And these plans are sure to keep you saving all year long, especially if rates rise again next spring.<\/p>\n\n\n\n

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<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Save More Without Penelec Rates All First Energy companies raised their rates […]<\/p>\n","protected":false},"author":10,"featured_media":4191,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false},"categories":[82,9,59,66,105],"tags":[],"_links":{"self":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/4160"}],"collection":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/comments?post=4160"}],"version-history":[{"count":5,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/4160\/revisions"}],"predecessor-version":[{"id":4192,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/4160\/revisions\/4192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/media\/4191"}],"wp:attachment":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/media?parent=4160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/categories?post=4160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/tags?post=4160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}