Question 1

What is an energy plan?

Accepted Answer

An energy plan is a contract between you and an energy provider. The plan outlines the terms of your agreement, including the price you will pay per kWh, the length of your contract, and any rewards or discounts that are available. Energy plans can also offer rewards, such as cash back or free electricity, for using certain levels of electricity each month.

Question 2

What is the difference between fixed-rate and variable-rate plans?

Accepted Answer

Fixed-rate plans offer predictability and stability for your monthly electricity bill. This type of plan can help you budget for your electricity costs. Variable-rate plans offer the potential for lower monthly electricity bills. This type of plan can help you save money if the market price of electricity goes down. Energy Outlet can help you find the perfect plan for your needs!