Ohio Apples to Apples, Best Electricity Plan
If you’re shopping for a new electricity plan in Zanesville, OH, how do you know the one you choose is the best plan for you? While most consumers consider a low price year long plan, few recognize the benefits of either short term or long term plans. While these kinds of plans might require you to plan your year differently, they let you take advantage of cheaper rates.
Compare Electricity Plans
The first plan available is the 6 Month Home Power Plan from Constellation Energy. This plan has a competitive price of 5.29 cents per kWh, and a low cancellation fee of $25. The 6 Month Home Power Plan also has the Constellation Satisfaction Guarantee. If you choose to leave within three months of starting the plan, you will not have to pay the cancellation fee.
Another cheap plan is the Promotional Flex plan from Quake Energy, with a competitive price of 5.39 cents per kWh. The Promotional Flex plan is a month to month variable rate plan. Variable Rate means that the price you pay changes from month to month. The 5.39 cents per kWh is an introduction price, but will likely go up after the first month. However because it’s a month to month plan, it has no cancellation fee. This type of plan works best for shoppers who need electricity right away but also need time to shop for a longer commitment.
Fixed rate plans let you ride with a constant price until the end of the contract. However, its cancellation fee makes it harder for you to switch. Meanwhile, month to month plans can expose you to expensive and unstable prices but because there’s no contract, you’re free to switch whenever you want. Right now, both the 6 Month Home Power Plan and the Promotional Flex Plan can tide you over until fall/early winter when electricity rates typically dip. At that point, you’ll want to lock in a low priced, long term Ohio electricity rate
Compare Ohio Electricity Plans
These last two are long term plans lasting over a year. The great news is that they are still just as cheap as the short term plans. The 18 Month Home Power Plan from Constellation Energy has the cheapest price, at 5.19 cents per kWh, and a $25 cancellation fee. It also has the same satisfaction guarantee deal as the 6 Month Home Power Plan.
These features are also shared by the last cheapest plan available, the 36 Month Home Power Plan, also from Constellation Energy. With a competitive price of 5.39 cents per kWh, this is a fixed rate plan with the same price for the entire contract. It has the same $25 cancellation fee and the satisfaction guarantee as the other Constellation plans.
These two plans have long terms that protect you from rising electricity prices and they give you a predictable rate every month that lets you budget for your bills. The downside is that long term plans like this also prevent you from taking advantage of lower electricity rates if prices fall and stay low. While that’s a possibility, long range forecast call for slowly rising electricity prices through 2020. Locking in a low rate for long time now will save you more money in the long run.
Find Cheapest Electricity Plan
These plans all have strong points. The Promotional Flex plan is a good plan to have while you’re shopping for a good deal. The 6 Month Home Power Plan is a cheap plan that should keep your payments down until early spring. And the 18 Month Home Power Plan, and 36 Month Home Power Plan are great, cheap long term plans. All these plans are great cheap deals, and are great choices for the fall and winter. For more electricity plans, check out https://www.ohenergyratings.com for more deals.