Posted by Bobby Dornbos
on 04/15/2014 at 8:02 PM
TrueCost uses historical usage to help provide you with projected electric pricing. We only show fixed pricing options because of the predictability and stability they offer to households and businesses, but variable plans are a fact of life. Whether you missed your renewal date and got pushed to a month-to-month plan or have just been too busy to pick a plan since your last contract's expiration, many households and businesses find themselves on a variable rate from time to time.
Earlier this year, we revealed how much more expensive
these plans can be when you aren't specificaly choosing the low-priced "teaser" rates that last for one month. And after that introductory month is over, the sky's the limit as far as price is concerned. The saving grace is that variable rates are typically contract free
, meaning you can opt out at any time for a fixed price offer
The question remains: "How do I know what to expect if I get put on a variable plan?"
This is why we're offering a variable rate table
where we'll keep you updated every month as to what common providers are currently offering. You can compare common variable per kWh rates against what you see on TrueCost, and we're willing to bet that you'll be interested in seeing what a fixed price
can do for you and your home's electric bill.