Electric Heat Drains the Coffers!

What does my reading public (all four of you) know about electric heat? I just sent this note to the electric company and would love to know any experiences/help you all have...

I need help. There is no way our heat and electric should cost over $550 a month given that 1) we are heating a place that is 600 square feet and 2) we are always cold and keep the baseboards set at medium to low.

Please help me figure out how to lower this cost. Is there a better rate I can get? Is there a state subsidized rate?

I have spoken to three friends who have electric heat and pay only $250 a month. Please help me get to the bottom of this as soon as possible.

I am going to have to talk to my landlord about putting in gas or oil heat at my own expense...at this rate it would pay back in a year!