Energy Rates Explained
At Provision Power & Gas, we have the right energy plan for you. Choose between fixed, variable and green rate plans.
FIXED RATE PLANS
Choose this option to lock in a low, predictable rate for the term of your contract. You’ll eliminate surprise energy bills when energy prices fluctuate. No matter if prices go up or down, your rate will be protected.
Our Fixed Rate plan charges a fixed price per kilowatt hour (kWh) each month. Your monthly bill is based on the amount of electricity or gas consumed. Our Fixed Rate Plan is ideal for customers interested in protecting their rate from changing, even when the price of the commodity changes in the energy market.
VARIABLE RATE PLANS
Do you like to shop around and keep an eye on energy prices? Then our Variable Rate Plan may be right for you. Choose this plan and your monthly rate will fluctuate based on current market prices for energy. You won’t be locked into a long-term contract and there are no cancellation fees. Without a contract holding you back, you can switch plans or even switch energy providers, without paying a penalty.
Some customers choose our Variable Rate Plan simply so they don’t have to worry about early termination fees or only need energy service for a short period of time.
Naturally, the Variable Rate Plan option involves some amount of risk. If the energy market experiences a big seasonal price hike, chances are good energy prices will also be higher with other suppliers, due to the same market and seasonal conditions. But if energy prices go down, you may save big.
Market rates depend on several factors such as weather, demand, fuel prices, the distribution system and the market.
GREEN RATE PLANS
Choosing from one of our Green Rate Plans will allow you to do your part in protecting Earth’s atmosphere. You will still receive the same great service while we purchase renewable energy and carbon credits on your behalf to offset the environmental impact of your daily energy use. These credits are a means for funding renewable and clean-energy projects such as wind farms, solar generation, and reforestation projects. Our Green Rate Plan is a tangible way to increase the proportion of renewable energy used in everyday activities.