Shop and Save with Cheapest Electricity Plan
Winter electricity bills are some of the highest bills you may ever see. But bills may get even pricier this year, if natural gas prices makes electricity rates rise. That means much less money for the holidays, especially if you’re already behind. But you still have time to save more money if you lock in long term fixed rates. Today’s the day to shop for the cheapest long term plans in Columbus.
How High Is Your PTC Rate?
Right now, AEP Ohio charges 7.61 cents per kilowatt-hour (kWh) for its PTC supply charge. They also charge a distribution rate of 2.63125 cents per kWh. Then let’s assume that you use about 811 kilowatt-hours (kWh) of energy per month. This means an average monthly electricity bill of about $83.05.
Keep in mind, however, that we’re just about to hit the winter months. That means more homes firing up their heat to stay cozy. And don’t forget how many homes will need power for their holiday lights. As a result, energy rates may rise in time for the new year.
That’s why now is the right time to shop. There are savings that you can lock in now if you switch in time for the holidays. Some electric suppliers may offer extra value with incentives including rebates and discounts.
Shop with the Cheapest Long Term Plan
If you’re main concern is price, then you might check out Public Power plans. For example, their Electric 12 Month Fixed Rate WITH MRC charges a 6.49 cents per kWh. This equals an average monthly bill of about $73 ($10 less than AEP).
You might also reviewt Major Energy rates. Their Secure Choice 12 plan charges 7.19 cents per kWh. This means an average monthly supply charge of about $79 ($4 less than AEP). You could also power your home with green energy if you choose their Secure Green Choice 12 plan. This plan charges 7.29 cents per kWh and averages about $80 per month ($3 less than AEP). On top of these savings, Major Energy customers can take advantage of shopping and dining discounts from their rewards program.
Finally, you might look over Direct Energy. Their Live Brighter 12 plan charges 7.49 cents per kWh. This means an average monthly bill of about $82. This could save you money in January if PTC rates rise. On top of that, their customers can enjoy a variety of discounts and perks, including green-friendly tree planting perks.
Shop Best Customer Service Rate And Plan
For consumers who prefer companies with a proven customer service track record, check out Frontier Utilities. Their OH Frontier Online Premier-12 plan charges 7.39 cents per kWh. This means an average monthly bill of about $81. This plan may save you money if rates rise in January. Also, their customers may find holiday savings via their shopping and dining rewards programs. On top of that, customers rank them in the top five of best overall energy companies in the state!
Which Plan Is Best For You?
Every home and energy shopper is looking for something different. You might want the cheapest possible rates or cost-saving incentives and bonuses. But you can find the right electricity plan for your home if you shop today. So make sure to visit https://www.ohenergyratings.com to find the best deals in Columbus.