Shop Now For Best Toledo Plans
Summertime is when most homes see some of their biggest Ohio energy bills of the year. Especially when you think about cooling costs and extra energy used for your family’s home devices. But Toledo Edison customers are going to see their bills rise even higher, when the PTC rate jumps on June 1. That’s why now’s the time to shop and lock in savings before you break the bank. But we got you covered with five of the cheapest 12 month plans in Toledo.
Toledo Edison PTC Rate Hike
On June 1, the Toledo Edison PTC rate is going up to 9.52 cents per kilowatt-hour (kWh). In other words, you would be paying over $95 in supply charges for 1000 kWh. This is a considerable jump from the current rate of 7.38 cents per kWh (or nearly $74 a month).
As you can guess, this could be a problem, especially if you’re staying home for the summer. NOAA predicts Ohio will have a hot, humid summer this year. In other words, more homes will crank up their ACs earlier and longer and that will eat up your energy budget.
Cheapest No ETF Toledo Plans
However, Toledo Edison customers may be able to lock in some great savings not just in time for the summer but for the whole year. Check out these plans that offer the best rates in your area.
For example, locking in the Public Power Electric 12 Month Rate with MRC means paying a supply charge of only $69 per month for 1000 kWh of power ($26 less than June’s PTC).
On the other hand, the Energy Harbor Safe Harbor Value 12 plan brings carbon-free energy into your home for 8.89 cents per kWh. This adds up to about $89 in supply charges if you use 1000 kWh of energy. Energy Harbor earned a silver award from our reader’s rave reviews of their customer service and plans.
Both of these plans don’t charge early termination fees. This makes them great options if your living situation unexpectedly changes during the year and you need to cancel.
Shop Great 12 Month Toledo Electric Plans
While these plans don’t beat the Toledo Edison PTC onJune 1, you can find extra value by taking advantage of the shopping and dining discounts from their reward programs.
You might check out the Xoom Energy SureLock 12 plan. Their rate means paying a supply charge of about $97 for 1000 kWh of power. Our readers rank Xoom Energy as having bronze level customer service.
Don’t forget to look at the APG&E TrueSimple 12 plan. Their customers would pay a supply charge of about $98 for 1000 kWh of energy.
If you shop around, you might also discover the Direct Energy Live Brighter 12 plan. This plan charges 9.89 cents per kWh, which equals a monthly supply charge of about $99.
Save With 12 Month Electricity
We’re only days away from a summer rate hike. And to make things worse, we can’t predict where PTC rates could land this fall. That uncertainty coupled with volatile natural gas prices could drive winter rates up even further. But you can still lock in a low rate now for the next year by shopping rates now at https://www.ohenergyratings.com. You can also count on us for news that could affect your bills.