Shop Electric Plans That Beat UI
It’s almost that time of year again, when you have to get ready for the winter season. But before you dive deep into your next weatherization project, don’t forget to shop the cheapest electric rates now. Because United Illuminating (UI) rates will change in January, you might pay higher bills if you don’t lock in a cheap rate today. But is now the best time to switch? Let’s talk about four cheap electric plans that may beat UI rates.
Compare UI Standard Service Rate
Right now, UI charges 11.68 cents per kilowatt-hour (kWh). This means an average supply charge of about $79.20 if you use 678 kWh per month. While this rate is cheaper than most energy supplier options today, these rates will change in January. Because New England power plants burn natural gas, winter heating demands usually lead to higher electric rates. While we don’t yet know exactly what the UI January rate will become, their rate will likely rise like last winter. So, to avoid paying those higher prices and get some great extras, you need to shop plans now.
Shop Cheap Electricity Plans
Customers that want the cheapest rates around might discover Major Energy. Their Secure Choice 12 plan charges 11.7 cents per kWh. That means an average monthly supply charge of $79.30. Their customers can find more value by taking advantage of the shopping and dining discounts from their rewards program. On top of this, Major Energy customers are not charged an early termination fee. This makes it easy to switch or cancel if your situation changes, such as needing to move for a new job.
You might also consider the Constellation 14 Month Home Power Plan. This plan charges 12 cents per kWh, which averages to a monthly supply charge of about $81. Constellation customers receive monthly energy usage emails, which can help you monitor your energy saving goals. Don’t forget that our readers rank Constellation as providing the best customer service experience in CT.
Cheap CT Electric Plans with Perks
On the other hand, you may want electric plans with great customer benefits. In that case, you may want to check out Xoom Energy. Their SureLock 12 plan charges 13.3 cents per kWh. This rate means an average supply charge of about $90. Their customers can find extra savings with the Xoom Energy Rewards program that offers daily shopping, dining, and travel discounts. This means frequent big savings if you shop and dine out frequently.l
Pet lovers may want to check out the Xoom Energy RescueLock 12 plan. On top of the benefits above, they will donate 5% of your monthly energy charges to PetSmart charities. The plan charges 13.9 cents per kWh so there’s an average supply charge of about $94. This means you help donate about $60 to animal charities every year!
Should I Switch Plans Today?
RIght now, it may make sense to stick with standard service rates. However, when those UI rates rise in January you’ll pay more during the coldest part of the year. So shop now to lock in the best deals before the new year.
You can always start shopping right here at https://www.ctenergyratings.com. We’ll also keep you up to date on the news that could affect your bills.