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What Should I Look for When Comparing Energy Plans for My Home?

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The COVID-19 pandemic forced us to stay home, turning our households into centers for work, school, and play. This, in turn, sent our electric bills soaring with the amount of juice we were expending. That’s why it’s important to have an electric plan that meets our needs while not breaking the bank every month on utilities. Here are a few things to keep in mind as you look for an electric supplier that can keep the voltage flowing.

Calculating Costs

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When figuring out your monthly gas and electric rates, it’s important to look into any quotes that you may be able to access. Use search engines to compare electricity rates and contract terms from a variety of providers based on your ZIP code. For electricity, you’ll want to check the cost per kilowatt per hour. For gas, you’ll want to look at what utility companies are offering in terms of the cost per megajoule.

Depending on your supplier, a smart meter may be installed to better monitor how much power a household is using up. Data from that smart meter is transmitted every 30 minutes to your electric providers. This includes the company that owns and maintains the grid, poles, and wires. This also allows your meter to be read remotely by an electric service, bringing an end to estimated bills and realizing the lowest price you may be spending. These meters also come in handy in the event of a power outage, helping an energy supplier recognize the problem faster and sending out repair crews sooner.

Alternative Sources

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Beyond the usual gas and electric supply, there are alternative options out there that could save you money while pushing forward newer initiatives in green energy. Depending on your location and ZIP code, be sure to look into renewable energy options that could be available for your household. Renewable energy is produced from natural resources that aren’t depleted from use. This is helping countries to break away from reliance on things like fossil fuels, which negatively impact climate change and the future of the planet.

Within these alternative suppliers, there are a variety of sources. One of the most well-known is solar power, soaking in the sun’s rays to transfer into energy that doesn’t send your electric bills skyrocketing. Wind power has become another popular option in the renewable energy realm, with more countries developing wind farms to better harness energy for electric suppliers to properly distribute. One of the oldest technologies that fit into this alternate supplier world is hydropower, commonly associated with the presence of dams.

Energy Savings and Saving Energy

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Certain energy suppliers may offer up discounts on your electric and gas rates depending on your regular usage. There are discounts for loyalty, staying on board with certain suppliers for an extended period of time. Some natural gas and electric suppliers offer up something as simple as a paperless discount, sending your monthly bill to your email rather than putting it through the mail. You can also establish savings through an automatic payment plan.

Beyond savings options, you can do your part to lower your monthly bill. Adjusting your thermostat can help you save on your electric bill, or not having your air conditioner or heater running at all hours of the day. You can also prevent overuse by making sure your home’s insulation is properly installed to keep cold or warm air inside your home depending on the season. Investment in green appliances can also save you in the long run. Look into energy-efficient lighting for your household, as well as items like air conditioners and microwaves that are certified to not expend nearly as much energy.

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About author
Tristan McCue is a 26-year-old junior programmer who enjoys reading, binge-watching boxed sets, and appearing in the background on TV. He is smart and friendly, but can also be very evil and a bit lazy.He is an Australian Christian. He has a post-graduate degree in computing.
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