Shop to Save on a High PPL Electricity Bill
The PPL PTC rate is already a staggering 12.126 cents per kWh. But that may go up in the future. The EIA predicts that natural gas prices will rise in the coming months. So this may drive PPL electricity rates up! But, there’s good news. You can save on high PPL PTC rates when you shop for a better electricity rate. Check out some of these plans and save on your PPL electricity bill!
Save with a 12 Month Fixed Rate
One of the best ways to save is with a 12-month fixed rate plan. These savings will be locked in for a full year, meaning you don’t have to worry about shifting rates until next August. Here’s a few of our cheapest 12 month plans.
Our first pick is the Frontier Utilities PA Frontier Secure Power 12. At a fixed rate of 9.39 cents per kWh, it’s the cheapest plan currently on the market. So compared to the current PPL rate, you could save about $24 a month. That’s $288 a year! There is a monthly charge of $9.95. But with no early termination fees you can always shop around if rates drop later on.
Next is the Constellation 12 Month Home Power Plan. At a fixed rate of only 9.89 cents per kWh, you could save about $20 a month. That’s $240 a year! And with no monthly charges, all of those savings are yours to keep. There is a $150 early termination fee to be aware of. But as one of our highest rated providers, you know you’ll get great service from Constellation.
Finally we have the Santanna Energy Services Fixed Rate Electricity 12. At 9.92 cents per kWh, you could save about $19 a month. That’s $228 a year! There’s no monthly fees, but there is a $120 early termination fee to be aware of.
Shop to Save on a Longer Term Fixed Rate
Do you want to lock in savings for even longer? Then consider the Energy Harbor Safe Harbor 15. At a 15 month fixed rate of 9.59 cents per kWh, it’s the second cheapest plan currently available. So compared to the current PTC rate, you could save about $22 a month — nearly $265 a year! And with no monthly fees or early termination charges, you can shop around if rates drop in the future.
Save With a Variable Rate Plan
Not everyone needs a fixed rate plan. Or maybe you want more time to shop. We have a solution for you. Look no further than the Spring Power and Gas Spring Green 50 Web. This variable rate plan begins at an introductory rate of 9.66 cents per kWh, saving you about $20 your first month. After that the rate goes up to 10.16 cents per kWh, and varies month to month from there. Since it’s a monthly plan, there’s no contract and no early termination or monthly fees. This plan could buy you some more time to shop for a better long-term rate.
Shop and Save More on Your Electricity Bill
So stop paying the high PPL rate for your electricity! With more than $200 in possible annual savings, these plans keep your electric bills affordable for a full year or longer. And if you need other options, then browse plans, compare providers, and find the best electricity rates all in one place. Visit https://www.paenergyratings.com.