Recommended plans around Texas

Types Of Electricity Plans in Texas

In Texas, consumers have the power to choose from a variety of electricity plans offered by retail electricity providers. The most common types of electricity plans in Texas include:

Fixed-rate plans: These plans offer a fixed rate per kilowatt-hour (kWh) for the length of the contract, typically 12 to 36 months. Customers can lock in their rate and avoid price fluctuations, making it easier to budget their energy costs.

Variable-rate plans: These plans offer a rate that can fluctuate based on market conditions. Customers have the potential to save money on their electricity bill if market rates go down, but they also face the risk of higher bills if rates go up.

Indexed plans: These plans are a hybrid of fixed-rate and variable-rate plans, with the rate tied to a specific index or market indicator, such as the wholesale price of electricity.

Renewable energy plans: These plans are designed for customers who want to support clean energy and reduce their carbon footprint. Renewable energy plans often offer a premium rate for energy generated from renewable sources, such as wind or solar.

Time-of-use plans: These plans vary the rate per kWh based on the time of day and the season. Customers are charged a higher rate during peak demand hours and a lower rate during off-peak hours.

Prepaid plans: These plans allow customers to pay for their electricity in advance, similar to a prepaid phone plan. Customers can avoid credit checks and deposits, and they can also avoid disconnection for non-payment.

It is important for customers to compare the different electricity plans and rates available in their area to make an informed decision based on their specific energy needs and budget.

How to switch electricity providers in Texas?

Switching electricity providers in Texas is a relatively simple process. Here are the steps to follow:

• Research providers: Compare the different electricity plans and rates offered by various providers in your area to find the best option for your energy needs and budget.
• Choose a provider: Select a provider and a plan that best fits your energy needs and budget. Make sure to carefully review the terms and conditions of the plan, including the rate per kilowatt-hour (kWh), contract length, and any early termination fees.
• Contact the new provider: Contact the new provider to enroll in your chosen plan. You may need to provide information such as your current electricity provider, your average monthly energy usage, and your current rate plan.
• Schedule the switch: The new provider will handle the switch and coordinate with your current provider to ensure a seamless transition. You may be asked to provide a meter reading on the day of the switch to ensure accurate billing.
• Confirm the switch: After the switch, confirm with the new provider that the transition was successful and that you are now enrolled in the new plan.

It is important to note that switching electricity providers in Texas will not result in a disruption of service. The switch is handled by the providers, and the transition should be seamless and without interruption. Additionally, there is no charge for switching providers, and customers are free to switch providers at any time without penalty.

How to compare electricity rates in Texas?

To compare electricity rates in Texas, you can follow these steps:

• Gather information: Obtain your average monthly energy usage, which can be found on your previous energy bills. This information will be used to compare rates and determine the appropriate rate plan for your household.
• Research providers: Compare the rates and plans offered by various electricity providers in your area. Look for providers that offer the rate type and contract terms that best fit your budget and energy needs.
• Compare rates: Use the average monthly energy usage information to compare the rate per kilowatt-hour (kWh) offered by each provider. Calculate the estimated monthly cost for each plan to find the best rate for your specific energy needs.
• Check for promotions and incentives: Look for providers that offer promotions and incentives, such as sign-up bonuses, loyalty rewards, or bill credits, which can help lower your energy costs.
• Consider reputation: Research the reputation of each provider and check for any customer complaints or negative reviews. Look for providers with a history of reliable service and fair billing practices.
• Review terms and conditions: Read the terms and conditions of each plan carefully to understand any fees, penalties, or restrictions.

Texas Electric Rates FAQs

What are the cheapest electricity rates in Texas?

The cheapest rate by any provider in Texas is a 12 Month Fixed Rate plan called EV Saver-12 by Champion Energy Services. With a rate starting at 14.50¢ at 1000/kWh, you could expect your average bill to be around $104.00 per month depending on your usage. More details about this plan can be found on the EV Saver-12 page or by calling 855-768-3637.

Other plans with similar rates include Free Weekends-24 and PowerShift EV Seasonal 12 with rates starting at 15.40¢@1000/kWh.

What is the cheapest 12 month electricity plan?

The cheapest 12 month plan by any provider is a 12 Month Fixed Rate plan called EV Saver-12 by Champion Energy Services. With a rate starting from 14.50¢ at 1000/kWh, you could expect your average bill to be around $104.00 per month. More details on this plan can be found on the EV Saver-12 page or by calling 855-768-3637.

What is the cheapest 24 month electricity plan?

The cheapest 24 month plan by any provider is a 24 Month Fixed Rate plan called Free Weekends-24 by Champion Energy Services. With a rate starting from 15.40¢ at 1000/kWh, you could expect your average bill to be around $140.00 per month. More details on this plan can be found on the Free Weekends-24 page or by calling 855-768-3637.

What are the cheapest electricity rates in Dallas?

Our calculations show that the cheapest rate by any provider in the Dallas area comes in the form of a 24 Month Fixed Rate plan called Free Weekends-24 by Champion Energy Services. This plan's rate is 15.40¢ at 1000/kWh, which makes it the ideal rate for the average home energy usage in Dallas. This effectively translates to $140.00 per month! More details on this plan can be found at the Free Weekends-24 page or by calling 855-768-3637.

Other plans with similar rates include Verbena 24 and Verbena Green 24 with rates starting at 14.50¢@1000/kWh.

What are the cheapest electricity rates in Houston?

Our calculations show that the cheapest rate by any provider in the Houston area comes in the form of a 24 Month Fixed Rate plan called Free Weekends-24 by Champion Energy Services. This plan's rate is 15.40¢ at 1000/kWh, which makes it the ideal rate for the average home energy usage in Houston. This effectively translates to $140.00 per month! More details on this plan can be found on the Free Weekends-24 page or by calling 855-768-3637.

Other Plans with similar rates include Verbena 24 and Verbena Green 24 with rates starting at 14.50¢@1000/kWh.

What are the cheapest electricity rates in Corpus Christi?

Our calculations show that the cheapest rate by any provider in the Corpus Christi area comes in the form of a 24 Month Fixed Rate plan called Free Weekends-24 by Champion Energy Services. This plan's rate is 15.40¢ at 1000/kWh, which makes it the ideal rate for the average home energy usage in Corpus Christi. This effectively translates to $140.00 per month! More details on this plan can be found on the Free Weekends-24 page or by calling 855-768-3637.

Other plans with similar rates include Verbena 24 and Verbena Green 24 with rates starting at 14.50¢@1000/kWh.

Which electricity providers have no deposits?

We have tracked 1 retail electricity providers accepting no deposits on our site.

Here are 1 of these companies:

• Payless Power

Find more no-deposit electricity providers at texaselectricityratings.com.

What are the best electricity plans?

Our recommended plans with estimated monthly usage bills starting at $0 a month are plans our team has vetted and chosen to be plans we believe are the best for the average home owner.

These plans come from Free Weekends-24, Flex Forward, Bill Credit Bundle 24, Maxx Saver Select 24, Flash 12, Simple Rate 12, Verbena 36, 12 Month (No Min Usage Fee), and Maxx Saver Select 12.

Finding the best electricity plan is a complicated matter. That is why we exist. Our calculations show that the Best Plans in Texas fit into 3 categories. Apartments, Average Homes, and Large Homes.

With this information, you can better determine which plan is best for your case.

Best 500/kWh Apartment Plans:

1. EV Saver-12 - Est. $54 / month
2. PowerShift EV Seasonal 12 - Est. $73 / month
3. Verbena 24 - Est. $75 / month

Best 1000/kWh Regular Home Plans:

1. EV Saver-12 - Est. $104 / month
2. PowerShift EV Seasonal 12 - Est. $143 / month
3. Verbena 24 - Est. $145 / month

Best 2000/kWh Large Home Plans:

1. EV Saver-12 - Est. $204 / month
2. PowerShift EV Seasonal 12 - Est. $281 / month
3. Verbena 24 - Est. $286 / month

How do electric rates work in Texas?

The amount of electricity you use per month and your electric tariff determine your monthly electric bill. The average monthly electric bill for residential users in Texas is $177.21, which is derived by multiplying the average monthly usage by the average electric rate: 1,303 kWh * 13.6¢/kWh.

What is a good price for electricity per kWh in Texas?

The typical commercial electricity rate in Texas is ¢/kWh, which is 1% less expensive than the national average. The average residential electricity cost in Texas is 13.6¢/kWh, which is 0.03% less expensive than the national average.

Which energy plan in Texas is best: fixed or variable?

During the course of the plan, your energy cost may change if it is variable. Fixed-rate contracts give you assurance and are frequently among the most affordable options. However, if you wish to end the fixed agreement, you will typically be required to pay costs and be locked in for at least a year.