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Why is my Electric Bill so High?

12 Ways to Lower it

No one enjoys paying their bills, but for some families, the electric bill is a particular point of concern. Maybe you’re asking yourself questions such as:

  • Why is my electricity bill so high?
  • Am I using too much electricity?
  • Is my electric company charging too much?

These are all good questions to ask, and the answer is likely multi-faceted since there are many issues that can contribute to a hefty electric bill. We’re here to help – read on, or design a low-rate energy plan now!

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We’re here to help uncover issues and provide you with some tips for lowering your electric bill so you can save money and move toward a more energy-efficient future. At any time you can use these quick links to jump around the article. Let’s get started!

Quick Links

Shipley Energy

We’re here to help uncover issues and provide you with some tips for lowering your electric bill so you can save money and move toward a more energy-efficient future. At any time you can use these quick links to jump around the article. Let’s get started!

Quick Links

Is My Electric Bill Too High?

How much you should expect to spend on electricity depends on the type and size of your home, where you live, and other significant factors. While there is no particular dollar amount that signifies your bill is too high, a point of reference can be useful. It may help to know that in 2020, the average monthly electric bill in the U.S. was $117.46. If you would consider your household electricity use to be fairly average and your bill is much higher than this total, it could be too high.

If you’re worried about your electric bill being too high, chances are, you’ve seen the cost go up over time. There are many reasons why your bill could have increased or why it’s consistently staying too high.

Shop for a New Electricity Supplier

In many cases, you can decrease electricity costs by switching suppliers. A new supplier may be able to purchase electricity at a lower rate and pass on those cost benefits to you. Switching may also allow you to choose more favorable contract terms — for example, if you’ve seen your rates increase in a variable-rate contract, you might benefit from a fixed-rate contract. In a fixed-rate contract, your rate will stay the same for the duration of your agreement, no matter what your supplier has to pay.

When you shop for rates with Shipley Energy, you’ll enjoy additional benefits. With the Shipley Energy Rewards program, you can enjoy an unlimited 3% back on your energy supply costs. We’ll also offer you fixed-price renewal options to keep your costs predictable.

Of course, your supplier might not be the only reason your electricity bills are high. How and when you use electricity can have an impact, as well. It’s a good idea to look at the whole picture and consider every possible factor to generate the most savings.

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10 Reasons Your Electric Bill Is So High

First, let’s look at some of the top factors that could contribute to a high electric bill. See if any of these reasons are true for you.

 

Putting Significant Demand on Your HVAC System

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12 Ways to Lower Your Electric Bill

Now that you know what may be causing your bill to spike, let’s talk about how to lower your electric bill. There are many steps you can take, both big and small, to reduce your electricity use. Here are some ways you may want to try.

 

12 Ways to Lower Your Electric Bill

 

 

Change Your HVAC Filter Regularly

 

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How to Shop for the Best Electric Supplier

When you’re shopping for the best electric supplier, there are a few things to consider. Look for:

  • PTC: The price to compare (PTC) is the cost a supplier charges for one kilowatt-hour of electricity. This number allows you to make direct comparisons between companies to see who offers the lowest rates.
  • Price lock options: If you want to be able to lock in a rate that won’t fluctuate with seasonal and market changes, look for a supplier like Shipley Energy that allows you to go with a fixed-rate contract.
  • Taxes and fees: Find out whether there are any monthly service charges or other fees that will be added on and whether taxes are included in the PTC or are listed separately.
  • Special incentives: Some suppliers will offer you gift cards or other incentives when you switch. Shipley Energy customers enjoy the Shipley Energy Rewards Program and earn up to 3% rewards back on their energy supply costs. These rewards can be redeemed for Shipley Energy products or services and gift cards to popular retailers through the Shipley Energy Rewards program.

Online research is a great way to compare suppliers. If you live in Pennsylvania, for instance, PA Power Switch is a valuable resource and tool to help you compare suppliers. It’s well worth the time investment to learn about your options since it could help you save money.

Plus, switching suppliers is easy. If you choose to make Shipley Energy your supplier, you won’t pay any fees to switch or be required to get any new equipment. You won’t notice any disruption in your service at all. You’ll just see our name listed as the supplier on your next electric bill, which will still come from your utility company. Enjoy the same routine — but with better rates on your electricity!

Contact Shipley Energy to Learn More

If you live in Pennsylvania, Ohio, or Maryland, Shipley Energy could be your new electricity supplier. We have been a trusted energy partner for many homes and businesses for over 90 years. You can learn more about our competitive residential electricity rates by checking rates online. You’re welcome to contact us with your questions as well. We are committed to getting electricity at the best price possible so we can help you lower your electric bill and enjoy a fantastic partnership with us.

Contact Shipley Energy to Learn More

Testimonials

Joe L.

Since deregulation in PA, I review my energy (Gas & Electric) at least once a year. I was amazed with how easy it was to convert my electric service to Shipley Energy. They...

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Since deregulation in PA, I review my energy (Gas & Electric) at least once a year. I was amazed with how easy it was to convert my electric service to Shipley Energy. They not only had one of the lowest rates, but also the online process was quick, very easy, and I received emails explaining my account had been created and the cancellation to my previous supplier. Would definitely recommend to family and friends shopping for a new utility provider

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Joe L.
James S.

I am pleased to be able to support a local energy company and doubly pleased that Shipley offers a green electricity alternative.

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