Best Fixed Rate Electricity in Morton
Posted onSave with Fixed Rate Electricity Plans
Spring has sprung, dropping electricity useage and bringing savings your way! And with natural gas prices dropping to a four year low, electricity rates have really fallen. So if you want to take advantage of the low rates, shop the best electric company and lock in the cheapest rate now! Check out these fixed rate plans in Morton that can save you a bundle!
Save with a 4 Star Electricity Provider
The Ameren PTC rate of 8.683 cents per kWh ends on May 31, 2024. So assuming an average monthly electricity usage in IL is 720 kWh, this means the PTC cost is about $62.52 per month. With a La Nina looming on the horizon, we will likely see a much cooler winter. And natural gas prices, along with electricity rates, are going to rise to match. So, you want to lock in a low rate now.
First up we have Direct Energy, with two wonderful plans on offer. Firstly there's the Live Brighter 12 plan, an offer only available to new customers. This plan comes in at 11.03 cents per kWh, costing around $79.42 a month for electric supply. And with no monthly fees to worry about!
Then we have the Term Optimized Live Brighter 9 plan. This one is only 10.99cents per kWh for a 9 month fixed rate, costing around $79.13 a month in electricity supply costs. Additionally with no monthly fees. And as a bonus, you can get two years of Amazon Prime with certain qualifying plans!
Clean Electricity at a Long Term Fixed Rate
Next up from NRG we have the 12 Month Electric Choice plan. At 11.10 cents per kWh, you'll be paying about $79.92 in monthly electricity supply costs. And with no monthly fees to bog you down! In addition, NRG has several travel rewards options available, including partnerships with Amtrak and American Airlines.
Save with a Top Rated Provider
Finally we have a plan available long-term rate from our #1 rated provider, Constellation. Their 12 Month Home Power Plan comes in at 10.99 cents per kWh, costing around $79.13 a month in electricity supply costs. Additionally, with no monthly fees to worry about. Additionally, Constellation has a robust awards program that includes daily giveaways, and discounts you can earn with points from several different brands and businesses.
Shop and Lock Rates While Plans are Cheap
Make no mistake, these rates won’t stay low for long. Summer months lead to higher electricity use and rising electricity prices. Locking in a low rate now can save you a ton of money in the future! So, be sure to compare providers and rates, read reviews, and save money at https://www.ilenergyratings.com.