Do You Want the Lowest Monthly Electric Bills?
When you get a good deal on cheap electricity, you want it to last. With Texas electricity plans, this means locking in a fixed rate for a year or more. Right now, retail providers are offering very short and very long plans. So, you can sign up for a few months or a few years. When retailers put forth these lengths of plans, they think prices will be higher a year from now. Therefore, secure your multi-year rate now. That way you can enjoy the savings from the lowest monthly electric bills for a good long time.
Pick Your Term Length
One company offers the lowest monthly electric bills this month: BVK Energy. They have 36-, 24-, and 12-month plans your wallet will love. The Polyhedra 36 and Verbena 36 are very similar plans with slight differences in terms. The former plan has a $15 per month base charge with a slightly lower energy charge. The latter plan has no base charge and a bit higher rate. Both plans have the same early termination fee of $20 per month remaining on the contract.
If you don’t want to lock in your plan for three years, you can sign up for the Polyhedra 24 or Polyhedra 12 plan. They also have the $15 base charge. The two-year plan has a higher rate than the one-year plan. The price differences among these plans only amount to a few dollars difference in your monthly bill. For a 1,000 kWh month, these plans’ bills range from $134 to $136.
As you can see, you have plenty of good options. Your choice boils down to how often you want to shop. If you’re skittish about a large early termination fee, shorter term plans may be better for you. But remember, today’s prices show retailers think prices are at a low point for the coming year. And that aligns with historical trends when prices dip in the fall before the cold winter weather sets in. If you wait for winter to shop, prices may be higher. So, take advantage of fall shoulder month pricing while you can!
No Power Plan Shopping for Three Years
The three-year plans are enticing. Imagine not having to shop for power plans for the next three years! You’ll be squared away for the long haul with the lowest monthly electric bills. But rest assured that Texas Electricity Ratings will be here for you when you’re ready to shop again. All you have to do is search plans at https://www.texaselectricityratings.com/electricity-rates for the best prices available.