Power is measured using an international standard unit of measurement called a joule.
A watt is defined as one joule of energy per second. So, a device that requires 400 watts is burning 400 joules of energy for every second it’s working.
Electricity companies measure power sold in kilowatts, which equals 1,000 watts. They’ll also translate these into hours instead of seconds to keep the numbers more manageable.
To summarize: REPs measure the amount of energy your home or business is using on a per-hour basis. These are called kilowatt hours. kWh is the primary unit of measurement that your electricity provider uses to calculate your bill.
Be-aware of the difference between advertised rates and effective rates
The most important consideration will be the effective price per kWh.
However, be careful, the advertised and the effective price per kWh can be two very different things.
This is because some electric companies, create tricky energy rates that offer super low rates at specific usage levels.
However energy consumption varies through the year. Once your usage doesn’t meet the plan requirements, your electricity bills will spike.
Why should you shop for electricity plans with a better alternative to Power to Choose?
That’s where traditional websites to compare plans and rates like Power to Choose come short. Those sites are unable to consider your daily and hourly energy consumption changes.
Fortunately, a smart electricity plan shopping site like EnerWisely automate all these steps. And you will quickly find the plan that is compatible with your consumption variations.
EnerWisely.com gives you the confidence of choosing the right plan for you to lower your bills and save money.