Electricity Rates

  1. PPL Rate Increase

    PPL Rate Increase

    On November 1, 2022, PPL Electric Utilities announced that the PPL standard offer would be increasing for both residential and commercial customers. This PPL rate increase represents one of the largest electric rate increases in several years.  In December, residential customers will pay 14.612¢/kWh, which is 18% higher than the former PTC of 12.366¢/kWh.  Commercial customers will […]

  2. Tips For Having A More Energy-Efficient Thanksgiving Holiday

    Tips For Having A More Energy-Efficient Thanksgiving Holiday

    Consumers across the U.S. are facing higher-than-expected energy rates. In fact, electricity and natural gas prices in some parts of the country have more than doubled since this time last year. If you live in Pennsylvania in the PPL Electric service territory, then your PPL rates are set to increase by almost another 20% in […]

  3. Are You Working From Home In Houston? Here Are Some Tips For Making Sure Your Energy Bill Doesn't Increase Too Much!

    Are You Working From Home In Houston? Here Are Some Tips For Making Sure Your Energy Bill Doesn't Increase Too Much!

    The new work-from-home trend is causing many Texas homeowners to use much more electricity than normal. In fact, prior to the pandemic, most Houston-area residents used most of their electricity from 4PM to 10PM on weekdays and from 8AM - 10PM on weekends. Now, with many people working from home, that energy usage trend has […]

  4. Is A Variable Electricity Rate Bad?

    Is A Variable Electricity Rate Bad?

    Variable electric rates, unlike fixed electric rates, float up and down with the price of the energy market. Electricity, just like the stock market, is a financial product that changes in price regularly. Most homeowners and businesses elect to purchase a fixed rate so that they can control their budgets, but there are many advantages […]

  5. What Is A Fully-Bundled Fixed Rate For Electricity?

    What Is A Fully-Bundled Fixed Rate For Electricity?

    When shopping for an electric rate for your home or business it is important to understand the difference between fixed rates and fully-bundled fixed rates.  Now, most regulators in deregulated states force suppliers to have transparent marketing not to confuse customers. But, there is always an energy supplier or two that tries to get creative […]

  6. How Can I Tell When My Electric Contact Expires?

    How Can I Tell When My Electric Contact Expires?

    Understanding the expiration date of your electricity supply contract can seem confusing. Do not fret! We are here to help! The expiration date of your contract can differ depending on the type of customer you are. If you are a residential customer, then many utilities allow you to switch or end your contract in a […]

  7. What States Are Deregulated?

    What States Are Deregulated?

    Since the early 90s, many states have deregulated their electric and/or natural gas utilities. Check out the map below to see states that have deregulation or some form of energy deregulation policy in place: While not all of these states have fully deregulated utilities, they all participate in some sort of electricity deregulation or natural […]

  8. Who Benefits From Energy Deregulation?

    Who Benefits From Energy Deregulation?

    There are many benefits to energy deregulation in the United States. Prior to deregulated utilities, consumers and businesses were required to purchase electricity from their local utility companies at regulated rates. These utilities had a monopoly in the marketplace and there was not much flexibility in terms of price options and contract structure.  When states […]

  9. How Does Energy Deregulation Work?

    How Does Energy Deregulation Work?

    The history of energy deregulation is an interesting one to follow. Since electricity and natural gas are so essential to our daily way of life, there is much debate over how they should be regulated by the government, if at all. To understand energy-deregulated markets, it’s best to first look at their history. Originally, utility […]

  10. Bitcoin Energy Consumption: How to Reduce Electricity Costs When Bitcoin Mining

    Bitcoin Energy Consumption: How to Reduce Electricity Costs When Bitcoin Mining

    Bitcoin mining, the practice of verifying bitcoin transactions on the blockchain using heavy duty computing technology, consumes a lot of electricity. In fact, it was reported by Fortune.com that Bitcoin energy consumption far outpaces traditional financial transactions. Each bitcoin transaction uses approximately 1,173 Kilowatt-hours (kWh) of electricity, which can equate to $100-200 depending on your […]

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