Energy rates in the states of MD, DC, and IL are all competitive in their own way, but the bottom line when choosing an electricity provider is cost. If you’re paying too much, don’t use them. In Maryland and Illinois, Energy Plus has swooped in with some clever marketing tactics to grab consumers looking around for the lowest energy rate possible. Unfortunately, free flyer miles and bonus rewards just aren’t enough compensation for most in comparison to the overall rates. So, is Energy Plus a scam? Or are they just another energy company with high rates?
Energy Plus’ Rates
Many claim to have the lowest rate, but do you ever read the fine print to see if that rate is fixed? If you answered no, Energy Plus may have tricked you. Although at first their rates may seem attractive (around $0.08/kWh), they won’t stay there for long. Many customers are coming to us at Point Click Switch asking for a new electricity supplier because their rates have nearly doubled within months of signing up! Energy Plus rates tend to jump to anywhere between $0.14 (and oftentimes higher) /kWh…a substantial increase from the initial rate of $0.08/kWh!
Had Enough? Time to Switch Energy Suppliers
Maybe this rate spike just wasn’t what you signed up for and now you’re asking yourself: “what’s next?” Well, we have good news for you: there are lower rates in your area. Our main goal at Point Click Switch is to provide you with the information you need to make the switch from your current electricity provider to one of your choice. In the case of Energy Plus, it’s likely that you will want to switch to a cheaper, more trustworthy energy company with a fixed rate.
If you’re in the Maryland area, here are just a few of the current rates (as of 11/11/13):
- ConEdison - $0.0795 /kWh
- Constellation Energy - $0.0899 /kWh
If you’re in the Illinois area, here are some of your current rates (also as of 11/11/13):
- Energy Me - $0.0570 /kWh
- Spark Energy - $0.0579 /kWh
Whether you think Energy Plus is a “scam” or not, they definitely don’t compare when it comes to annual cost and saving on your energy bill; however, you can still grab some of those savings by switching your supplier today! So if you’re tired of Energy Plus’s rates, then compare electricity rates in your area and switch now.