Shop the Recommended Electric Plans That Beat Ohio Edison
Posted onSave Money With Cheap Electricity Plans
It's no secret that winter is one of the most expensive times of the year. Between winter heating costs and high electricity rates, most of our bills end up being sky high. But Ohio Edison customers might be able to cut costs today if they shop for cheaper Ohio energy. Let's talk about why you should should our recommended electric plans.
Compare Ohio Edison Price To Compare
Ohio homes use an average of 811 kilowatt hours (kWh) of energy per month. Meanwhile, Ohio Edison currently has a PTC rate of 7.99 cents per kWh. This means the average Ohio Edison PTC customers can expect a monthly supply charge of about $65 per month. Also, keep in mind that this rate lasts through to the end of March. This means we'll see new PTC rates right around the end of the shoulder month period when rates are likely to fall.
Thankfully, you don't have to wait to save with better electricity rates.
Shop Best 6 Month Fixed Rate Plan
If you enjoy shopping for deals throughout the year, then you might want to lock in to cheap 6 month fixed-rate plans. This is also a great option if you may be moving during the spring and summer months.
If that sounds like what you need, then you might want to check out the Constellation 6 Month Home Power Plan. This plan charges 7.49 cents per kWh, so that's an average supply charge of only about $60 on your bill. That's $5 less than the PTC rate. On top of that, Constellation sends out regular energy usage emails to help you monitor if you're reaching your energy savings goals. On top of that, our readers rank Constellation as the best overall energy company in Ohio.
Shop Cheapest 12 Month Fixed Rate Plan
On the other hand, you might prefer to lock in a rate that will last you for an entire year. In that case, you might be interested in the Direct Energy Live Brighter 12 plan. Open only to new customers, this plan has no early termination charges, no recurring monthly charges, and costs 7.99 cents per kWh. This rate equals an average monthly supply charge of about $65.00. Yes, that is the very same as the PTC. BUT Direct Energy customers can sign up for its well known Customer Rewards Program. This program offers customers giveaways and discounts on loads of shopping, dining, travel, and even groceries. So, you can lock in a steady, reliable rate and get extra savings on things that you'll actually use.
Should You Shop Fixed Rate Plans?
It's hard to guess exactly where Ohio energy prices will be in 6 months time. Supply, demand, and world events have a huge impact on the energy market. But rates and plans are still very competitive in Ohio. Six month plans locked in this month would last until the end of August, right before the fall shoulder month prices. Meanwhile, 12 month fixed rates can shield you from possible rate hikes that could come at the end of the summer. In either case, the best way to save is to shop smart. There's no better place to shop than https://www.ohenergyratings.com. We're also a great source for news and tips that could affect your bills.
