Fixed-Rate Plans vs. Variable-Rate Plans
When it comes to fixed-rate plans vs. variable-rate plans, fixed-rates offer protection against rate hikes by locking in today’s electricity rates for a set period of time. If energy prices shoot up, fixed-rate customers are insulated from these increases for the duration.
Variable-rate plans charge a monthly fee and a variable rate per kWh which can make your monthly bill go up with even a slight change in either your monthly consumption or the cost of power.
Variable-rate plans may be a good option if you want to take advantage of lower rates offered during off-peak hours. Variable-rate plans might also be worth it if you’re willing to switch providers when costs fluctuate. With any plan, it pays to do your research and see what’s best for you!
Monthly Contracts vs. Yearly Contracts
Energy providers also offer long-term, or monthly contracts as well as yearly contracts. The cost of the monthly contract is much more affordable at first, but over time it can actually end up costing you more because you’ll be paying for a year’s worth of electricity. Monthly pricing plans are great if you know exactly what you need and how much power you use. If your electric needs fluctuate from month to month then a monthly service plan will not suit your needs!
The Benefits of a Yearly Price Plan
A one-year price plan provides a much better value for those who use less power in the warmer months and more power in the colder months. A yearly price plan is the best option for those who use less power in the warmer months and more power in the colder months. With this type of pricing plan, you’ll pay a set rate per kWh rather than paying for each month individually. This will help save you money over time!
How Energy Deregulation Affects Zavalla Energy Rates
Zavalla is located in Texas, which is a deregulated state. This means that the Texas electricity market is open to competition from retail electricity providers. Because of this, you have the power to choose from a variety of plans and rates offered by different providers. You can also switch providers at any time if you find a better deal!
Business Electricity Plans
One of the most important considerations to make when you’re looking at a new energy plan is your business type. The reason for this is that there are different plans, rates, and terms available to suit the needs of individual types of businesses. For example, if you operate a manufacturing plant, your power demands will be much higher than someone running a small café.
Another factor to consider is how often your Zavalla company uses electricity. If you use less than 500 kWh per month then it’s best to get on a fixed-rate plan which offers protection against rate hikes. For any additional planning needs, remember that our free quote tool is just one click away!