ElectricRate is helping everyone save on their monthly Electricity Bills.  ElectricRate has compared the cost of electricity for household owners and the difference between a fixed electric rate vs. a variable electric rate. They state that when choosing an electrical rate plan, you will have to decide whether you prefer one or the other for a specified period.

The fixed electric rate, for instance, will lock in the rate so that you know how much you will be paying during the term stated in the contract.  To get a fixed rate, electric companies will require you to sign a contract for a set period. ElectricRate explains that the electric company is buying your electricity in advance for the term of the contract and then selling it back to you.

So, there will be a cancellation fee in the contract if you decide to leave before the contract expires.  ElectricRate considers fixed electric rates to be the most beneficial to residential customers as it can guarantee you savings; this is because your utility’s default rate, which will be fixed too.

According to ElectricRate, electric companies who offer floating electric rates usually do not require you to sign a contract that commits you to them for a set period and therefore has no cancellation fee.

On the other hand, when it comes to commercial electric rates, ElectricRate is the best company at bringing commercial customers the lowest electric rates with easy to read contracts. On their website you will find a list of states from Texas to Pennsylvania to Connecticut and New Jersey, with each of them showing the best rate available, all you have to do is select the rate you want based on your location and ElectricRate will do the rest.

ElectricRate reviews all contracts before listing offers to ensure that there are no hidden fees and that each customer understands the language of the contract. What’s even better is that the all-electric rate offers on ElectricRate.com include every part of the supply charge.

ElectricRate also compares electricity rates by state, even though it is uncommon to have residents speak about electricity rates, especially not examining them for the state you live in. Yet, the dread each month when the energy bill comes is too familiar. So, ElectricRate can help you, if you’ve always wondered why your electric bill increases or decreases now and again, as well as how does the average electricity rates by state vary on average.

The electric company believes that to be able to understand why the average electricity rates by state vary, you need to look at the stages that the electric power passes from being generated to powering your house, and conditions for the stages are different per state. For instance, ElectricRate mentions that Hawaii has the most expensive electricity, which is no surprise as they are surrounded only by water, so it needs to import all its energy sources.

So, how do you go about choosing an electric provider? Again, ElectricRate helps individuals with this decision, and they have compiled a list on how to choose the right energy suppliers. These can all be found online on their website at https://www.electricrate.com, or you get in touch with ElectricRate by phone on 1-888-307-9636 or via email at [email protected].

Source: https://thenewsfront.com/electricrate-helps-everyone-save-on-their-monthly-electricity-bills/