Find the Best Supplier’s Electric Rates
Monthly spending rises right around the holiday season. After paying for gifts, dinners, and travel expenses, your budgets usually feel the pinch. And with Covid -19 to contend with this year, that annual pinch will probably really hurt. But what if you could save more money by switching your energy provider? Right now, Germantown residents can soften the blow to their savings when they shop the best electric rates.
How to shop for best electric rates
If you are shopping for a better energy supplier, you should first consider what is most important to you and your household. Some homes demand green energy for your home so you can help protect the environment. Others might want risk-free energy so you can switch for a better deal whenever you want. You might even demand the best in customer service. But one thing you will always want to consider is how much you pay on you monthly electricity bills.
To do that, we’ll be using an EIA estimated average monthly usage of 975 kilowatt-hours (kWh) for a Maryland home. The plans below will compare this estimate to the rates below to give you an approximate idea of what you would spend.
Cheapest Green Electric Rates per kWh
Tomorrow Energy’s 12 Month Fixed plan is the most affordable 12 months fixed-rate for clean energy in your home. Their 7.39 cents per kWh rate equals an average monthly generation charge of about $72.05. Tomorrow Energy adds value to this plan by providing some of the best customer service that Germantown residents have seen. Subscribers can expect prompt service from company representatives with any concerns they might have.
When the initial term ends, the plan renews into a month-to-month variable rate. Thankfully, the plan has no early termination fee, so you can switch or cancel at any time for no extra cost.
Best Risk-Free Electric Supplier Rates
Energy Harbor’s Safe Harbor 12 plan is an excellent choice for residents who value customer service and risk-free rates. Energy Harbor charges 7.44 cents per kWh for this plan. That equals an average monthly charge of about $72.54. The plan doesn’t charge an early termination fee, so you can safely cancel or switch at any time. Plus, the company stands out in the top two best energy companies in MD according to energy shoppers like you.
Shop and Compare Savings on Electric Rates
Starion Energy’s Starion Secure 12 charges a generation cost of 7.59 cents per kWh. This averages to a monthly generation charge of about $74. The Starion Rewards program adds value by offering up to $1,200 in savings per year on shopping, dining, and travel. These rewards also include rebates and gift cards that get better the longer you remain with Starion Energy.
After the initial term, the plan renews into a month-to-month variable rate product. But customers can switch or cancel at any time as the plan has no early termination fee.
Which Electric Rate Is Right For You?
Which plan is right for you depends on what matters most for your energy shopping. If renewable energy is important to you, then you want to keep an eye out for Tomorrow Energy’s 12 Month Fixed plan. Customers who demand the best customer service will appreciate Energy Harbor’s Safe Harbor 12 plan and rates. If you enjoy frequent shopping, dining, or travel savings then you should consider Starion Energy’s Starion Secure 12 plan.
You can learn more about saving money and energy by comparing rates and plans at www.mdenergyratings.com.