Save With Cheapest Electric Plans
November is right around the corner. That means we’re fast approaching the end of “shoulder month” electricity rates. Which means you could miss out on cheap energy prices for the rest of the year! But if you shop now, you can lock in savings and avoid high winter electricity bills. Shop now for the best electric plans in Cincinnati.
Why Shop Electric Plans Now?
Right now, temperatures are relatively mild. That means most energy customers aren’t running their AC or their heat. When power demand is low during these shoulder month periods, energy prices tend to be low as well. But autumn shoulder months usually end in the first weeks of November, so there isn’t much time left.
On top of that, Ohio customers tend to use 811 kilowatt-hours (kWh) of energy per month. Duke Energy customers also pay a price to compare rate of 8.18 cents per kWh. This means an average generation supply charge of about $66 per month on your energy bills.
But if you switch your energy supplier today, you could end up saving as much as 17%.
Short-Term Cincinnati Electric Plans
If you shop for a short-term energy plan (5-7 months) in time for November, your plan will end just in time for spring shoulder month pricing.
For example, you might discover the APG&E True Simple 6 plan. This plan charges a supply charge of 6.21 cents per kWh. With this rate, an average monthly supply charge runs about $50 ($16 less than Duke Energy). Best of all, this plan has no early termination fee. This makes it a worry-free choice if your living situation changes in the new year!
You should also check out the Constellation 6 Month Home Power Plan. This plan charges a 6.49 cents per kWh supply charge or about $52 a month. On top of being $14 cheaper than Duke Energy, Constellation customers enjoy top-rated customer service. Plus, this company sends out regular energy usage emails, to help you track your energy saving goals.
Don’t forget to take a look at the Direct Energy Live Brighter Optimized Term 7 plan. This plan has a 6.89 cents per kWh rate, which means an average monthly generation supply charge of about $55 ($11 less than Duke Energy). Direct Energy customers can find more value by taking advantage of the savings and discounts from their rewards program. Best of all, there is no early termination fee!
Best 12-Month Fixed Rate Plan
On the other hand, if you don’t want to shop too often and avoid winter rate price rises, then you might shop for a 12-month fixed rate.
We recommend checking out the Public Power Electric 12 Month Fixed Rate WITH MRC plan. This plan features a 6.29 cents per kWh rate. This means an average generation supply charge of about $51 on your monthly bill ($15 less than Duke Energy). This plan could save you a lot of money until next autumn. Best of all, Public Power does not charge an early termination fee. So, you won’t face that early termination fee if you need to cancel the plan.
Choose Best Cincinnati Electric Plan
The holidays and winter chill are both right around the corner. That means that you don’t have much time to lock in the cheapest electricity rates in town. But you can always find savings if you shop right here at https://www.ohenergyratings.com. You can also count on us for the news that could affect your bills.