Many business owners are unaware of fixed gas and electric rates, so their energy bill becomes an annoyingly unpredictable expense. Energy monopolies don’t want you to know about fixed rates. But why? What are the real practical benefits of fixed rates?
Fixed rates are protect against a multitude of rate emergencies, such as extreme fluctuations and natural and economic disasters. At GO Energy, we take it a step further and monitor your account to protect against unauthorized enrollments in hiked up variable rates. See the graphic below and the explanations under it for better understanding.
Unwavering rates vs. constantly wavering
Under a variable rate program, your energy rates are constantly changing. Believe it or not, rates fluctuate and usually trend upwards. With a fixed rate, you keep paying the same amount of money per kWh for the entirety of your year-long term, despite whatever market fluctuations occur.
Disaster-proof vs. not disaster-proof
Floods, snow storms, heat waves, and the like can make your bill painfully more expensive. Natural disasters can damage parts of the power grid and even cause power outages, driving the demand for energy higher. And when demand goes up, so do rates. World events can also cause rate hikes. Energy rates in the United States rose significantly following Russia’s invasion of Ukraine. The United States began boycotting Russian exports, which include gasoline, to protest the Russian invasion. For buildings that function with gasoline (such as they contain a gas stove or gasoline-powered heating), fixed rates are handy, because a gasoline shortage won’t raise the amount they pay for it.
Price protection vs. unauthorized sign-ups
Green Mountain Energy Company in Massachusetts was court-ordered to pay $156,000 to consumers in 2021. Why? Because they had signed consumers up for their service without their consent. In the industry, this is called slamming. Not only is slamming illegal, but it is a common practice of energy monopolies. Part of our fixed rate program is price protection – which keeps your rate unavailable for tampering. When we get you a fixed rate, we also monitor your account to ensure no unauthorized enrollments occur. These unauthorized enrollments sometimes result in high, variable rates.
Rate monitoring vs rate hikes.
In addition to your fixed rate, we also monitor the market for lower fixed rates, so once your current contract is up, we can enroll you in the most affordable option possible. This is in sharp contrast to what major energy monopolies do, which is raise your rates during your contract. Rate hikes are real, and you often don’t know about it until next month’s bill comes. With GO Energy, we mean it when we say we’ll find you the lowest fixed rate possible – we mean it so much that we keep an eye out for even lower fixed rates.
Think your business could use a fixed rate? We agree. Fill out the form below to get a rate you can depend on and worry about things that really matter – not your energy bill.
If you have more questions, you can call GO Energy Solution at 929-999-1872.