Who Has The Best 12 Month Electric In Baltimore?

Posted on Posted in best electricity plan, BGE, Compare rates, electricity in Maryland, electricity suppliers, fixed rate plans
Do you have the best 12 month electric in Baltimore? Learn why now's a good time to switch to a low year-long rate!
Trying to keep your cool without the best 12 month electric in Baltimore? Stop paying high BGE rates and switch to a fixed low-priced rate you can afford!

Consider the Maryland Electricity Market

Energy customers all across Baltimore have been dealing with an especially hot summer. Cooling needs are rising because of the heat, and that means high Maryland electricity bills. That’s why savvy energy shoppers are on the hunt for the best possible prices to help keep costs down.  So, many are wondering who has the best 12 month electric in Baltimore?

Compare BGE Electric Rates

Smart energy shopping begins by considering the local price to compare (PTC). Right now, BGE’s PTC is 7.663 cents per kilowatt-hour (kWh). But this low price jumps to 8.41 cents per kWh starting October 1, 2021.  According to EIA findings, a Maryland home uses an average of 975 kilowatt hours per month. In other words, BGE’s rate means an average monthly supply cost of about $75 right now that rises to about $82 in October.

The good news for energy shoppers is that these plans below beat the BGE rate!

Best Green Electricity Rates in Maryland

Tomorrow Energy right now has the lowest 12-month electric rates in Baltimore. Their 12 Month Fixed plan charges a 7.77 cents per kWh rate. This means a monthly supply charge of about $75, or $7 less than BGE’s October rate. Best of all, this plan provides 100% renewable energy to your home, saving money and reducing your carbon footprint.

Customers should be sure to cancel or switch before the renewal period ends. The terms of service explains that the plan renews to a month-to-month variable rate.

Alternatively, you might consider Spark Energy’s Spark Green Secure 12 plan. Spark Energy charges a 8.89 cents per kWh rate, which means a monthly supply charge of about $87. Spark Energy’s reward program adds value by providing monthly reward points that can be used for shopping, dining, and travel discounts. The company is also known for excellent customer service and is among the top five energy companies in Maryland.

Customers should read renewal term paperwork carefully to determine if renewing with Spark Energy is the best choice.

Consider Maryland Electricity Providers

Spark Energy has a cheaper option if you want to pay less for standard energy sources. Their Spark Secure 12 plan charges a 8.69 cents per kWh rate. The rate equals a monthly generation charge of about $84. In addition, the Spark Energy rewards program also applies to this plan.

Meanwhile, the Major Energy’s Secure Choice 12 plan offers a competitive alternative. Major Energy’s plan charges a 8.89 cents per kWh rate, which equals a monthly supply charge of about $87. The best part of this plan is the lack of an early termination fee. Because of this, customers can cancel or switch at no extra cost if better deals come this autumn or winter.

Shop Best Electric Rates in Baltimore

Saving money this hot summer is all about finding the plan that provides the most value to your home. This is especially true with BGE’s October rate hike coming up. Customers that want low costs and renewable energy should consider Tomorrow Energy’s 12 Month Fixed plan. Frequent shoppers and diners might consider Spark Energy’s Spark Secure 12 plan if they can take advantage of their rewards program.

You can learn more about saving money and energy by comparing rates, plans, and provider reviews at www.mdenergyratings.com.

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