Save On Cheap Electric Plans In Boston
We’re about a month into the coldest part of the winter. That means turning up the heat to stay comfy and paying big winter electricity bills. That’s why it’s important to know how to shop Massachusetts electricity suppliers and how to save with their cheap electric plans. But is now the right time to switch plans? Here’s how you can shop for the best electricity plans in Boston!
Cheap Boston Basic Service Rates
It’s important to check basic service rates, before checking out the best energy supplier rates. Right now, Eversource customers are paying 15.772 cents per kilowatt-hour (kWh). EIA estimates that MA homes use an average of 559 kWh of energy per month.
Putting this together, the average MA home would pay about $88 for the supply portion of their bill. Keep in mind, however, that the Eversource basic service rate is set to change to 13.241 cents per kWh. This means the average bill will fall to about $74 per month.
Shop These Cheap Boston Electric Plans
Whenever possible, we recommend locking in 12 month fixed rate plans. That’s because they’re competitively priced and tend to offer the best combination of savings To be honest, we don’t know what they will be when the basic service drops. But, we’re confident that their prices will stay competitive and come down as well.
For example, the Xoom Energy SureLock 12 plan charges 14.49 cents per kWh. This rate means an average supply charge of about $80 per month. In addition to beating current basic service rates, Xoom Energy customers can take advantage of shopping, dining, and travel discounts via the Xoom Energy Rewards program.
You might also check out the Green Mountain Energy Pollution Free Reliable Rate plan. Not only does this plan power your home with 100% clean wind energy, but it does so at a 14.60 cents per kWh rate. That rate means a monthly supply charge of about $81.61. That’s almost $7 less than current basic service rates. Best of all, this plan doesn’t charge an early termination fee. This means you can cancel the plan at no cost if your living situation changes.
By the way, it’s important to remember that any plan you sign up for won’t go into effect until after the next meter read. So, if you lock in a new plan this month, you won’t actually start on that new plan until next month.
Why Shop Electricity Rates Today?
If MA’s current freezing temperatures get worse or lasts too long, then heating demand and energy rates could likely rise. On the other hand, if winter relents, then energy prices and supplier rates could drop because energy demand would be low. So right now, energy shoppers should keep an eye out on the weather and see where electricity rates end up in the next few weeks.
You can always start your shopping right here at https://www.maenergyratings.com. Don’t forget to keep up with us for the news that could affect your bills.