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Save Today With Cheapest Electric Plans

Are you paying too much for your electricity right now? Rates are low! Right now, Duke Energy charges 10.25 cents per kilowatt hour (kWh). This means an average usage 846 kWh per month can cost you almost $87 in supply charges alone. Not only could Duke Energy's PTC rates change next month, but winter rates tend to be higher, also. So, if you haven't locked in deals from Norwood's best electricity rates, then you could be paying way too much. Let's explore the cheapest deals in 12 month electric plans!

Lowest Rate Electric Plans

The Public Power Electric 12 Month Fixed Rate WITH MRC plan charges 8.3 cents cents per kWh with a $14.95 monthly recurring charge (MRC). This charge is a fixed amount and stays the same no matter how much Ohio energy you use. This means a combined monthly supply charge of $85 ($2 less than PTC rates).

The Clearview Energy Clear Guarantee 12 plan is an excellent option if you don't use a lot of energy. It charges 8.5 cents per kWh. There's no MRC so a monthly supply charges is about $72. In other words, $15 less per month than Duke Energy!

Cheap Norwood Electric Plans

The Energy Harbor Safe Harbor 12 plan charges 9.7 cents per kWh for carbon-free energy. This brings cleaner energy to your home for around $82 a month ($5 less than PTC rates). Best of all, Energy Harbor is ranked silver-tier by our readers.

The Xoom Energy SureLock 12 plan charges 9.7 cents per kWh, or roughly an average monthly supply charge of $82. This beats PTC rates by $5 and gives their customers access to the discounts from the Xoom Energy rewards program. Similarly, the Xoom Energy SimpleClean 12 plan brings green energy into your home for 9.9 cents per kWh. That's around $84 in monthly supply charges that helps support renewable energy producers in Ohio and elsewhere.

Compare More Rates Lower Than the PTC

We're not done, yet! There are still more great plans with low rates that still beat current the Duke Energy Price to Compare rate.

The Major Energy Secure Choice 12 plan charges 9.8 cents per kWh, or about a $83 monthly supply charge. Customers can also take advantage of the discounts from the Major Energy rewards program. On top of that, the plan does not charge an early termination fee. So, if your living situation changes and you need to move, you can cancel or switch at no cost.

Likewise, the Public Power Electric 12 Month Standard Fixed Rate plan also charges 9.8 cents per kWh. That's about $83 for an average monthly supply charge -- $4 less than Duke.

The Santanna Energy Services Fixed-Rate Electricity 12 plan charges 9.9 cents per kWh, or about $84 for the monthly supply charge.

Lastly, the Direct Energy Live Brighter 12 plan comes in at 10 cents per kWh. With a monthly supply charge of roughly $84.60, it still beat the Duke Energy charge by over $2.00!

Shop And Save In Norwood

Energy shoppers can find huge savings if they lock in the best deals in Norwood. If you're looking to save more, then I recommend the Clearview Energy Clear Guarantee 12.

So why stick with Duke Energy when you can save more? You can shop for the best deals right here at https://www.ohenergyratings.com. We'll also keep you up to date on tips and news that could affect your bills.

Shop Now To Beat AES Price

Are your home electricity rates too high? You could be throwing away savings if you're an AES Ohio customer. Because right now, PTC rates have been set and they last until June 1 next year. But you can save some money right before the harsh winter months if you switch today. Let's compare the cheapest plans that beat the AES default price.

Why Shop For Cheap Rates?

Currently, the average Ohio family uses 811 kWh of power per month. With the AES Ohio PTC rate at 9.45 cents per kilowatt-hour (kWh), an average supply charge runs almost $77 per month. Let's not forget that delivery charge rate hikes may be around the corner. Both AES Ohio PTC customers and those who shop retail suppliers must pay distribution charges. So the hike is approved, customers will see their bills rise by about $21.75 (about $261 more annually)!

While may be a chance that rates could fall next June, uncertainty in the energy markets make it tough to tell. And with increasing data center development, Ohio PTC rates could rise instead.

But you can find savings if you lock in cheaper rates today to avoid possible supply charge price hikes in the future.

Five Electric Plans That Beat AES

If you want the cheapest pricing around, then you might be interested in the Public Power Electric 12 Month Fixed Rate WITH MRC plan. This plan charges 7.7 cents per kWh for 12 months. This averages to a monthly supply charge of about $62.

You might also check out these Energy Harbor plans: You can lock in 12 months of service with their Safe Harbor Value 12 plan for 9.2 cents per kWh. This equals a monthly supply charge of about $74.60. You could also lock in rates for two whole years with their Safe Harbor 24 plan. This charges 9.3 cents per kWh (or about $75 per month). Finally, their Safe Harbor 18 plan locks you in to a 9.4 cents per kWh rate. This means an average supply charge of about $76.23.

Finally, you might check out the Major Energy Secure Choice 12 plan. This plan charges 9.4 cents per kWh meaning an average supply charge of $76.23 per month. In addition, Major Energy customers can find more savings by taking advantage of the shopping and dining discounts from their rewards program.

Which Electricity Plan Is Best?

If you are only interested in saving the most money possible, then I would recommend shopping for Public Power plans. This plan beats the current PTC rate by almost $15! On the other hand, if you're a frequent shopper or diner, then locking in with Major Energy can save you money for doing the things you love.

You can also keep visiting us at https://www.ohenergyratings.com for the best energy deals in town. We're also your source for tips and news that could affect your bills.