Shop Shoulder Month Electric And Save
After a cold and pricey winter, the spring shoulder month is finally here. This is when warmer temperatures help you shop for the lowest electricity rates. But, if you’re thinking of staying with the Duke Energy PTC rate, think again! Their rate change is right around the corner. So, you could see their PTC rate rise in time for the summer! So now’s your chance to spring into the best electric supplier savings with these shoulder month electric plans.
Why Shop Now To Beat PTC
Right now, Duke Energy customers are paying a PTC rate of 10.06 cents per kilowatt-hour (kWh). Most Ohio homes use an average of 846 kWh per month. This means the average monthly supply charge is a little over $85 a month. This may not sound bad, but keep in mind that for the past four years, spring PTC rates rose by about 2 cents per kWh before the summer. If this pattern holds, then your supply charge could rise up to $102 per month!
However, we are now in spring shoulder month pricing. So you could lock in better than PTC rates right now!
Compare Best Long Term Electric Plans
You might consider shopping for long term electricity rates because of the uncertain effect data centers could have on prices. Also, some utility transmission charges will rise in April and these could hike bills by as much as $7 a month! So, you could offset any price hikes by locking in cheap rates today.
For example, the Clearview Energy Clear Guarantee 24 plan charges 9.6 cents per kWh. This means paying a monthly supply charge of $81 for 24 months of service. This saves you $4 a month compared to current PTC rates and you can find more savings with the company rewards program.
You might also consider the Xoom Energy Surelock 24 plan. This plan charges 10.8 cents per kWh, which equals an average monthly supply charge of about $91. This is a great plan to choose if PTC rates are set to rise, because you can find shopping and dining discounts with their rewards program.
Similarly, the APG&E TrueSimple 24 plan charges 10.8 cents per kWh. This means that you could save as much as $7 a month if PTC rates do rise this summer.
Why Shop Electricity Rates Now
Energy prices have been on the rise and all signs point to this trend continuing. And now, if you shop during shoulder month pricing, you may be able to lock in savings right before potential summer rate hikes.
Of course, every home is different. So, compare rates apples to apples and see how much you can save over the Duke Energy PTC price. Start shopping plans https://www.ohenergyratings.com. We’re also your best source for news and tips that could affect your bills.