What is a Fixed-Rate Energy Plan?

A fixed-rate plan is pretty much exactly what it sounds like - you lock in a rate for electricity or natural gas for a set period of time. Find a plan that works for you, we offer a wide range of  term lengths, though the most common ones are 12 months and 24 months.​

What is the benefit of a fixed-rate plan?

When comparing the rates across plans, you may find the rates are slightly higher or even lower than what is currently offered by the variable-rate plan (which has a rate that varies each billing cycle). But when you sign up with a fixed-rate energy plan, you don't carry the risk of prices that could skyrocket when the seasons change.

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What protection does a fixed-rate plan provide?

You can understand the fluctuations in the energy markets by comparing it to buying gas for your car. When it's time to fill the tank, you're probably on the lookout for the best deal at the pump. As you know, fuel prices can change from day to day, neighborhood to neighborhood. So budgeting for gas costs can be, at best, a guess.

The same is true with natural gas. Natural gas as a commodity is traded on the market, which means it experiences regular price fluctuations based upon consumer demand. 

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Much like the fluctuating cost of a gallon of gas for your car, these shifting rates can leave you feeling uncertain as to how much you're going to have to spend on energy costs. And when you add seasonal elements into the mix, such as a colder-than-normal winter with peaking natural gas prices, your unease can grow and you may end up paying higher prices than you'd expected or can afford. Fresh Coast Utility is here to help! 

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When you choose a fixed-rate energy plan, you are hedging against the day-to-day swings of the energy market so you can better manage your energy costs and bills with peace of mind.

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Is a fixed-rate energy plan right for you?

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Contact us today for a NO COST Consultation to view the options available. Hit 'Get Quote' at the top of the page and fill out the short form, we will be in contact within 24 hours!