{"id":4382,"date":"2024-04-23T10:55:54","date_gmt":"2024-04-23T15:55:54","guid":{"rendered":"https:\/\/www.paenergyratings.com\/blog\/?p=4382"},"modified":"2024-04-23T10:55:56","modified_gmt":"2024-04-23T15:55:56","slug":"best-long-term-fixed-rate-electricity-in-philly","status":"publish","type":"post","link":"https:\/\/www.paenergyratings.com\/blog\/best-long-term-fixed-rate-electricity-in-philly\/","title":{"rendered":"Best Long Term Fixed Rate Electricity in Philly"},"content":{"rendered":"\n

Save with Fixed Rate Electricity Plans<\/h2>\n\n\n\n
\"Long
With a hot summer and cold winter on the way, PECO PTC rates could rise. Switching to a long term electricity plan now can shield you from those higher bills.<\/em><\/center><\/figcaption><\/figure><\/div>\n\n\n\n

Spring has sprung, dropping electricity useage and bringing savings your way! And with\u00a0natural gas prices<\/a>\u00a0dropping to a four-year low, electricity rates have\u00a0really<\/em>\u00a0fallen. So if you want to take advantage of the low rates, shop the\u00a0best electric company<\/a>\u00a0and lock in the cheapest rate now! Check out these long term electricity rates in Philly that you’re sure to love. <\/p>\n\n\n\n

Long Term Electricity Savings with a #1 Provider <\/h3>\n\n\n\n

Since the PECO<\/strong> PTC rate usually changes quarterly, your bills can fluctuate. The current\u00a0PECO\u00a0<\/strong>PTC rate of 9.43 cents per kWh ends on May 31, 2024. So assuming an average monthly electricity usage in PA is\u00a0854 kWh<\/a>, this means the PTC cost is about $80.53 per month.\u00a0NOAA already expects a very hot summer ahead and with a potential La Nina<\/a> on the horizon, we could have a colder winter. That means high demand could push up the PECO rate in the coming months. So, you want to lock in a low rate now. And since these are all 24 month plans, you could lock in these low rates for the next two years.<\/p>\n\n\n\n

First up we have our #1 rated provider, Constellation<\/a><\/strong>. Their 24 Month Home Power<\/strong> plan comes in at 9.69 cents per kWh, meaning your monthly energy supply costs will be around $82.75 a month. This plan comes with an early termination fee of $150, but no monthly charges to worry about. And as a bonus, you can earn up to $575 in rewards from them through their refer-a-friend program!<\/p>\n\n\n\n

Clean Electricity at a Long Term Fixed Rate <\/h3>\n\n\n\n

Next up we have a clean energy plan from relative newcomer\u00a0CleanSky Energy<\/a><\/strong>. Their\u00a0Embrace Green 24<\/strong>\u00a0plan is only 9.49 cents per kWh. That means you’ll spend about $81 a month on energy supply costs. There is a $150 early cancellation fee to be aware of, but no monthly charges or additional fees. And you get entirely renewable energy at this low rate! <\/p>\n\n\n\n

If you want a different clean energy plan, check out the Green<\/strong> Mountain<\/strong><\/a> Pollution Free 24<\/strong>. At 9.90 cents per kWh, you’ll spend about $84.55 a month on energy supply costs. But with no monthly charges or early termination fees to worry about!<\/p>\n\n\n\n

Save with a Top Rated Provider<\/h3>\n\n\n\n

Then we have our silver rated provider APG&E<\/strong>, and their TrueSimple 24<\/strong> plan. At 10.14 cents per kWh, you can expect to spend about $86.60 a month on energy supply costs. There is a monthly $9.95 charge and an early termination fee of $200 if you have to leave the plan early.<\/p>\n\n\n\n

Finally we have our lowest available long-term rate from a\u00a0top 10 reviewed<\/a>\u00a0electricity provider. The\u00a0Xoom Energy<\/a>\u00a0SureLock 24<\/strong>\u00a0plan comes in at only 9.09 cents per kWh. There\u2019s no monthly charges to worry about but, there is a $200 early termination fee to be aware of. The good news is that you\u2019d pay a low monthly energy supply cost of about $77.63. That\u2019s saving about $3 a month or $72 in savings over two years! And if PTC rates rise again, you\u2019ll be saving even more.

On top of this, Xoom Energy<\/strong> has one of the most robust rewards programs out there, Xoom Xtras<\/em>. You can earn points through the program that you can spend on anything from gift cards to vacation stays. <\/p>\n\n\n\n

Shop and Lock Rates While Plans are Cheap<\/h3>\n\n\n\n

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\u2019t worry! We\u2019re here to make shopping for an electricity plan easy. Read reviews, compare providers, and more all at\u00a0https:\/\/www.paenergyratings.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Save with Fixed Rate Electricity Plans Spring has sprung, dropping electricity useage […]<\/p>\n","protected":false},"author":10,"featured_media":4400,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false},"categories":[3,9,11,12],"tags":[],"_links":{"self":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/4382"}],"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=4382"}],"version-history":[{"count":10,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/4382\/revisions"}],"predecessor-version":[{"id":4402,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/4382\/revisions\/4402"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/media\/4400"}],"wp:attachment":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/media?parent=4382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/categories?post=4382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/tags?post=4382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}