If you’re looking for a Carrollton electricity provider that can offer you a stable, reliable rate for your energy usage, then you may want to consider signing up for a fixed-rate plan. With a fixed-rate plan, you’ll pay the same amount for your electricity every month, no matter how much energy you use. This can be helpful if you want to budget your energy costs in advance, or if you simply want the peace of mind of knowing that your rates won’t go up unexpectedly.
To compare fixed-rate plans from different Carrollton electricity providers, just head to Energy Outlet. We’ll show you all the available plans and help you find the one that’s best for your needs and budget.
A variable-rate plan from a Carrollton electricity provider means that your rates can change month to month, based on the market price of electricity. This can be beneficial if you’re comfortable with some monthly fluctuation in your energy costs, and if you think you could end up paying less than the fixed rate over time.
Of course, it’s important to compare variable-rate plans carefully before signing up for one. Energy Outlet can help you do just that. We’ll show you all the available plans and help you find the one that’s best for your needs and budget.
If you are currently on a fixed-term electricity contract, you will have a termination policy that tells you the duration of your plan, as well as, the penalty for early cancelation. Before you start electricity shopping, read your EFL to see for how long your contract lasts. You can start shopping for a new energy plan once there are 1-2 months left for the current contract to expire. You can also lock in a variable or fixed-rate energy contract 14 days prior to the contract termination. Note that early cancelation comes with a penalty which could be up to $200 and more depending on the plan and energy provider.
For the new electricity plan, go over the plan’s termination details to get a clear picture of the length of the contract and any early cancelation fee that’s applicable to those canceling the plan before expiration.
Now that we have done the research work for you, all you have to do is choose a plan, call the electricity provider, and confirm! That’s it. They will take care of your current plan cancelation. No need to run back and forth between your current and new electricity provider or call them frequently to switch energy plans. Once you have chosen a plan, you can leave the rest to the electricity provider. Good Luck!
Frequently Asked Questions
What is a variable rate plan?
A variable-rate plan is an electricity plan that can change month-to-month, based on the market price of electricity. This means that your monthly bill could be higher or lower than it was the previous month, depending on the market price at the time your bill is generated. Variable rates can be a good option for people who want the flexibility to switch electricity providers each month.
What are the benefits of fixed-rate plans?
Fixed-rate plans offer predictability and stability for your monthly electricity bill. This type of plan can help you budget for your electricity costs. Energy Outlet can help you find the perfect fixed-rate plan for your home or business!