Can I Still Shop Cheap Summer Electric Rates?
Are you a South Jersey Atlantic City Electric (ACE) customer shopping for cheap Summer energy ? Uh oh! Because not only are slight rate increases likely this Summer, coastal Jersey residents are also at risk of some serious price-spikes. This is because of a predicted increase in temperatures and Atlantic hurricane activity. You desperately need, therefore, to shield yourself with a cheap fixed rate! We’ve assembled the cheapest electric rates for every term length, and we’ll show you how they measure up against the ACE Price to Compare (PTC) rate of 9.49 cents per kWh. True, the PTC rate dipped this month. However, some of these plans include incentives that make them the best way to save money on your electric bill!
Compare Cheapest Electric Rates in South Jersey
Ultra-Short Term: The cheapest 3 month rate is NRG’s Electric Choice Plan 3 Month at 9.8 cents per kWh. There’s no monthly charge or early termination fee – just this rate, and it squeaks in at only 0.31 cents more expensive per kWh than the PTC.
6 Months: NRG comes in cheapest again with their Electric Choice Plan 6 Month plan. 10.2 cents per kWh is just 0.71 cents above the PTC, and again, there’s no monthly charge – but early termination will cost you $60.
12 Months: Your best bet here is Tomorrow Energy’s 12 Month Fixed plan, with its 10.28 cents per kWh rate. And that’s just 0.79 cents above the PTC. There’s no monthly recurring charge, and it’s $75 for early termination. In this case, the cheapest plan is also the most eco-friendly! You’ll get 100% wind supported power, and a tree planted for you every 3 months.
18 Months: The 18 Month Home Power Plan from Constellation offers 10.49 cents per kWh, exactly one cent above the PTC, and charges $150 for early termination.
24 Months: Clean Power 24 from Verde Energy USA gets you pricier electricity at 10.99 cents per kWh. That’s 1.5 cents per kWh more expensive than the PTC. But it’s a long term plan with no additional monthly charge, and no early termination fee! Plus, again, the cheapest 24 month plan comes with 100% renewable energy!
36 Months: And finally, the longest term customers should consider Constellation’s 36 Month Home Power Plan. It skips back down to a cheaper rate at 10.39 cents per kWh, which is 0.9 cents above the PTC. Plus, it’s a reasonable $150 for early termination.
Where Can I Lock In Cheapest South Jersey Electric Rates?
All these plans will land you the cheapest electric rate for every term length – so we’ve done the money-saving research for you! All you need to do is pick how long you want to lock in for. But don’t put it off, insulate yourself from scorching price hikes this Summer by locking in your cheap fixed rate electric plan now! Head over to www.NJenergyratings.com to find out what are the cheapest electric rates in South Jersey, and get saving your money for some real Summer fun.