What are the different rate plans available for residential customers?

Residential customers of Westar Energy, which is now part of Evergy, can choose from several rate plans, each designed to accommodate different energy usage patterns and preferences. The rates generally fall into two main categories: fixed-rate plans and variable-rate plans. Fixed-rate plans provide stable pricing for electricity over a set period. This can be beneficial for customers who prefer certainty in their monthly bills and want to avoid fluctuations caused by market changes. Customers typically sign a contract for a predetermined duration, during which the rate remains constant. Variable-rate plans, on the other hand, tend to fluctuate based on market conditions and the overall demand for electricity. While these plans may offer lower rates during off-peak periods or when energy costs are lower, they can also result in higher bills during peak demand times. This option might appeal to those who are more flexible in their energy consumption and can adjust their usage to take advantage of lower rates. Additionally, many utilities, including Westar Energy, offer time-of-use rates. These plans charge customers different rates based on the time of day they use electricity. Typically, electricity is cheaper during off-peak hours when demand is lower, encouraging customers to shift their usage to these times. It is also worth noting that Westar may have promotional offerings or limited-time plans that provide unique benefits or pricing structures. To stay informed about the latest options, prospective customers can visit Evergy's website, where they can find detailed information about current residential rate plans, potential eligibility requirements, and a comparison of benefits tailored to individual needs.