Electric companies on HomeEnergyClub.com offer plans that have fixed rates or variable rates. Fixed-rate plans lock in your rate for the term of the contract (usually 12, 24 or 36 months), and variable rate plans float with the market or can be changed at any time by the electric company. If you wish to have more predictable bills, fixed-rate plans are the better choice. To confirm that a plan you’re considering has a fixed rate, open the plan’s Electricity Facts Label in the Plan Details section and scroll down to the section titled “Type of Product”. Read our guide for more information.