It’s never too late to shop for energy savings and for Pennsylvania electricity customers, now has never been a better time. Why?
Pennsylvania Electric Rate Caps Are Expiring at the End of This Year
In 2011, the rate caps that have helped Pennsylvanians to enjoy some of the lowest electricity rates around will expire. What exactly does this mean? It means that if you don’t start shopping for cheaper rates now, you could wind up paying higher energy bills come January 1st.
How Much Energy Rates Are Expected to Rise in January?
According to energy experts, Pennsylvania residential electric customers could see anywhere from a 10% to over a 25% rate increase. For businesses, the increases are expected in the 15-25% range.
Start Shopping Now to Lock in Rates and Save on Your Electric Bill
As Pennsylvania permits its residents to choose their energy provider, customers can start doing some comparison shopping now and switch companies if they need to in order to get savings. By taking this early initiative, experts say consumers can reap the benefits of current low rates in the wholesale power market.
One Comparison Shopping Question to Ask All Pennsylvania Electricity Companies
Ask about their budget friendly options. Why? Because these are the electric service plans that will help you save the most money each month.
For example, if you’re currently on a prepaid service plan, find out which no-deposit and low-deposit electric service plans each energy supplier has. Then, you can do some real number crunching. You may even find that saving up to pay a deposit will save you much more in the long run than continuing to pay the steep cost of a prepaid electric service plan.
Next year will come all too fast, so start shopping now to get the best Pennsylvania electric plan for your budget.