Rebecca Bridges

How to Compare Electricity Rates in Pennsylvania

Need the basics on how to shop for electric rates in PA? You’re in the right place. In this article, you’ll learn the 101 on deregulation, how to compare PA electric rates and how to select an electricity supplier.

Steps to compare electricity rates in PA are simple. Enter your zip code on a rate comparison shopping site, compare electricity plans and select your provider. You’ll still get a single bill from the electric utility, but it will list your new provider and fixed rate instead of the utility price to comapare.

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Texas Electric Delivery Rates Soar to Highest Level in 5 Years

Delivery rates for Texas electricity change twice a year, in March and September. And as of September 2023, the price you pay per kilowatt hour to get power to your home is at its highest level in five years.

2024 Update: Utility delivery rates have dropped since this article was written in 2023, but are still higher than previous years. Find current and historical delivery rates using the links below.

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Texas Electricity Deposits – Everything You Need to Know

In general, you’ll need a minimum credit score of 580-600 with one of the major credit score companies (Experian, Equifax or Transunion) to get an electricity plan without a deposit requirement in Texas.

But there are ways around paying a deposit, including no deposit electricity, which is prepaid lights. But you can also get a deposit waived.

In this article we review no deposit electricity plans, how to get a deposit waived, prepaid electricity and minimum credit score for electricity.

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Cheapest Electricity Rates in Ohio (May 2024)

Looking for the cheapest electricity rates in Ohio? It’s no wonder. Standard rates from the largest utilities increased this year. You may be able to lock in significant savings versus your current price to compare.

The cheapest electricity companies and offers in Ohio vary all the time. We update this article each month with our recommendation on the 3 cheapest electric suppliers in Ohio. Here are our cheapest rates as of May 2024.

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What are Market Securitization Charges?

Market securitization charges are a new line item on Texas electricity bills. They’re a direct outcome of Winter Storm Uri, paying for some of the extraordinary costs of that storm.

The Texas legislature passed House Bill (HB) 4492 in 2021 in response to the storm’s financial impact on the ERCOT power region. The legislation allows Texas REPs to add the charge to their bills for the next 30 years

You can’t avoid paying these fees, which are from a regulatory change. But you might as well understand them, since you’ll be paying them for the next 3 decades.

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Texas Electricity Trends for 2023

Texas electricity trends for 2023 show lower prices than 2022 and more options for short and long term electricity contracts. Other trends in Texas electricity include green energy plans going mainstream, more consumers choosing to add solar panels to their homes, and opportunities to get rewarded for cutting your usage.

This is also the year that market restructuring will occur, as Texas looks to ensure grid reliability. Those changes will drive up future electricity prices beyond 2023.

We’ll review all that and more below. If you’re in a hurry and just want to find your best electricity plan? Jump right to our recommendations to find the best electricity rates.

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Electric Vehicle Fleets: A Guide for Business Owners

If you have a fleet of vehicles for your business, you may be considering going EV for your next purchase. With good reason. There are now more choices for passenger and light-duty fleet vehicles. Here’s a basic guide to fleet electrification 101.

Summary: A business EV fleet may be for you if you have a cargo fleet that drives less than 120 miles a day or sedans/SUVs that drive 200-400 miles daily. Talk to your accountant about depreciation and any purchase incentives.

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