Avoid Price Uncertainty with a Long Term Electric Plan
As most consumers know, due to rising auction prices in the PJM Interconnection, PA electric rates will go up this summer. Worse still is that natural gas prices surged recently. So, because most PA power plants burn natural gas, their electricity prices are also rising! While we don’t know how high they may climb, you don’t have to stress about uncertain electricity rates. You can lock in a low rate with a long term plan with a great PA electric supplier now and save! Check out some of these options available in Pittsburgh!
Why Choose a Long Term Electric Plan?
On average, the PA monthly electricity usage for a Pittsburgh home is around 854 kWh. Usually, 12 month plans have the lowest rates. But, if you want the best savings, then a 12 month plan might not be enough! If you’re staying in place, then a longer term can be a great guard against rising electricity prices.
Best Long Term Electric Deals
Admittedly, some of these plans cost more than the current DLC PTC rate. But with higher PJM auction costs and summer cooling demand leaning heavily on natural gas power burn, DLC‘s electricity rates could rise higher through next winter. Locking in one of these rates now means you’ll pay less for longer.
Our first plan comes from the #3 rated provider, Direct Energy. Their Live Brighter 18 plan is 14.19 cents per kWh, so energy supply costs will run about $121 monthly. In addition, this new customer only plan comes with no early termination fees or monthly charges, offering you flexibility for the future!
If you want a provider with great rewards, look no further than the Xoom Energy SureLock 24 plan. They come in at 13.99 cents per kWh, so energy supply costs will run about $119 monthly without any monthly charges. Plus, with their XoomXtras rewards program, you can earn points to spend on anything from gift cards to vacation stays. However, if you like plans with flexibility, there is an early termination fee of $200 to bear in mind.
Long Term Electricity with No Fees
The deals don’t stop there! From our #2 rated provider, APG&E, we have True Simple 24 plan. At 13.90 cents per kWh, your monthly energy supply costs will run about $118. On top of having no monthly charges or early cancellation fees, this plan has our lowest long term rate for Pittsburgh. What a steal!
Finally, we have the Green Mountain Pollution Free 24 plan. At 15.49 cents per kWh, a monthly energy supply cost runs about $132. While it’s one of the more expensive plans it’s 100% renewable energy, with no monthly charges or early termination fees!
PA Electricity Plan Renewal Notices
Be sure to read the terms of service for these plans. Keep in mind that you will receive two renewal notices towards the end of your contract. The first arrives 60-45 days before the end of the contract, second one comes 30 days before the end. The second lists your renewal options. If you ignore them, your provider can automatically enroll you into a much higher rate!
Shop and Save on Electricity in Pittsburgh
This summer’s electricity prices are going to be high! And they could keep rising afterwars. So it’s best to lock in a long term low, fixed rate now. Thankfully, shopping with PA Energy Ratings to find the best energy supplier is easy! Compare rates, read reviews, and more. Just visit https://www.paenergyratings.com.