Shop For Cheapest Electric Rates
We’re only weeks away from a chilly winter and that means many homes are firing up their heaters. But staying warm during the winter can lead to high energy bills. Thankfully, Norwalk energy customers can shave dollars off their bills if they shop for the lowest electric rates in town right now!
Why You Should Shop Now
As of July, default service rates fell from 24.172 cents per kilowatt-hour (kWh) to 13.822 cents per kWh. And the US EIA estimates that CT uses 713 kWh of energy per month. So average Eversource supply charges dropped from about $235 per month to about $134 per month. Because of this, many energy customers ask if they should even bother shopping for better rates.
However, Eversource warns that customers may face increased electricity prices this winter. And with that on top of your heating needs, your new year’s electricity bills may be much higher than recent months.
But, if you shop now, you can still lock in the lowest electric rates!
Cheapest Electricity Rates
If you want the cheapest prices around, then look into Constellation. Their 36 Month Home Power Plan charges 12.49 cents per kWh for 36 months. That means an average monthly supply charge runs about $121 ($13 below current Eversource rates). Constellation also sends out energy usage emails to help you save energy. Best of all, our readers rank their customer service as one of the best.
You might also consider Direct Energy. Their Live Brighter 12 plan charges 12.69 cents per kWh for 12 months of service. An average monthly supply charge is roughly $123 per month ($11 below Eversource). Direct Energy doesn’t charge early termination fees (ETFs). So you can cancel at no extra cost if a better deal comes along. Plus, our readers rank Direct Energy as one of CT’s top five best overall energy companies.
Best Energy Plan Incentives
If you want bonus incentives with your energy plans, then you will want to check out Xoom Energy. Their SureLock 12 plan charges 13.39 cents per kWh. This equals a monthly supply charge of about $130 ($4 less than Eversource). Their customers can add value by taking advantage of the dining, shopping, and travel discounts from their rewards program. Their plans also come with no ETFs. So you can switch for better deals at no extra cost.
Pet lovers might also consider their RescueLock 12 plan. This plan charges 13.99 cents per kWh or about $136 per month in supply charges. Xoom Energy also donates 5% of your supply charges to PetSmart charities. Best of all, since this rate is just 0.168 of a penny more than the current Eversource rate, it may beat their higher winter default service price.
Get the Lowest Electric Rates
CT has some of the highest energy bills in the country and especially during the winter. But you can save big for the new year if you shop now for the cheapest rates in Norwalk, CT. And you can count on https://www.ctenergyratings.com to help you find the best deals in town. You can also check us out for all the news that affect your bills.