Navigating Evergy's New Rate Plans: Understanding the Impact on Your Electric Bill
Brace yourselves for impending changes to your electric bills as Evergy made a change to their latest rate plans change in Missouri, signaling one of the most significant pricing adjustments in the state's history. This overhaul introduces time-based pricing, where the cost of electricity varies depending on usage times, with peak hours carrying substantially higher rates.
During peak demand hours, typically in the late afternoon and early evening, customers could see their electric bills surge, with rates spiking up to four times higher compared to off-peak times. These rate hikes, slated to take effect during the scorching summer months, are poised to hit households hard, potentially leading to substantial increases in energy expenses.
Amidst this pricing upheaval, homeowners are urged to explore alternative solutions to mitigate the impact on their wallets. Although there are differences with each plan, they all share “Peak Time” charges. Between the times of 4 p.m. and 8 p.m. electricity will sometimes cost more.
Evergy offers four distinct rate plans, each with its own pricing structure:
1. Default Time Based Plan:
Peak Time: 4-8 p.m. on weekdays during June-September
Peak Hour Rate: $0.09 to $0.38 per kWh
Learn more about this plan on Evergy’s website.
2. Peak Reward Saver:
Peak Time: 4-8 p.m. during June-September (1 cent increase) and October-May (¼ cent increase)
Off-Peak Time: Midnight – 6 a.m. daily (with a 1 cent Off-Peak discount/credit)
Learn more about this plan on Evergy’s website.
3. Nights and Weekends Saver:
Peak Time: 4-8 p.m. on weekdays
Off-Peak Time: Midnight – 6 a.m. daily
Learn more about this plan on Evergy’s website.
4. Nights and Weekends Max Saver:
Peak Time: 4-8 p.m. on weekdays
Off-peak time: Midnight – 6 a.m. every day in the summer
Learn more about this plan on Evergy’s website.
Homeowners are encouraged to carefully evaluate these plans and select the one that best aligns with their consumption patterns and budgetary considerations.
Amidst these changes, solar power emerges as a viable solution for those seeking relief from escalating electricity costs. By harnessing the abundant energy of the sun, households can not only offset their reliance on traditional power sources but also realize significant savings in the long run.
Helio GreenTech stands ready to guide homeowners through this transition, offering tailored solar solutions designed to fit their needs and budget. As a trusted leader in the solar industry, Helio GreenTech empowers homeowners to take control of their energy future, providing access to sustainable, cost-effective power that not only reduces environmental impact but also delivers substantial financial benefits.
In the face of rising energy prices, now is the time to explore the potential of solar energy with Helio GreenTech. Contact us today to learn more about how we can help you navigate Evergy's rate changes and make the switch to a brighter, more sustainable energy future. If you are a homeowner and would like to see if solar would be a good fit for your home now is a great time to purchase a solar panel system or battery backup as the federal government offers a 30% tax credit towards your investment along with other incentives.
