If you want to avoid paying more come June, now is the time to shop for a better deal.
Brakey said this is one of the best prices available and it locks customers into a good price until winter 2024.
At 750 kilowatt hours a month, you’d pay $51 instead of $47 with Direct Energy — or an extra $76 over 19 months. Is it worth it to guarantee a lower rate for the next two years? You’d be “rolling the dice” because you don’t know how much electricity will cost 19 months from now. It will really depend on how severe the summers are and how mild the winters are, Brakey said.To find a better price, you need to establish what “better” is. It depends on which company is your default supplier.If you don’t pick an electric supplier in Ohio the utility company is required to place you on something called the standard service offer, also called the price to compare.
The most widely known example is the Northeast Ohio Public Energy Council, better known as NOPEC, which does the shopping for more than 200 communities. NOPEC is re-enrolling customers in June at 6.45 cents. This is a variable rate, but it is guaranteed through December. Akron residents are paying 4.97 cents a kilowatt hour to Energy Harbor on a fixed contract that lasts until May 2024. Euclid residents are paying 4.87 cents through April.
You can filter offers based on what you’re looking for. From there you can find a website or phone number to call if you’d like to sign up with a supplier.
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