Shop Free Electricity in Waco

by | Oct 1, 2021 | Industry News

Learn how to shop free electricity plans in Texas without getting scammed. Find out which free electricity plans really save you money.

Nothing is supposed to be cheaper than free, right? But the key to not losing your shirt is to understand your own usage. Learn what to watch out for when you shop free electricity plans and see if free really is FREE.

Best Free Nights and Weekends Electricity in Waco

Nothing is cheaper than free. But, what about FREE electricity? Well, you have options. And with summer turning the corner,  now’s the time to shop free electricity in Waco. To get you started, here are the 4 best free electric plans out there.

Best 12-Month Free electricity in Waco

Free Energy 12 from 4Change Energy is a tiered electricity plan. If you use just   1 – 500 kWh or go over 1000 kWh, then the energy charge is 13.1 cents per kWh. The sweet usage spot, however, is  501 – 1000 kWh. For that, you pay zero.

Once you factor in the standard TDU charges, the $25 monthly bill credit for 1000 kWh of use, and the free period of electricity, your average rate comes to 7.9 cents per kWh. These rates give you an estimated monthly bill of around $115.

The early termination fee is $20 per month remaining in the contract. And the plan can either be 6% or 100% renewable if you choose the 4Change Renewable Energy Option.

Free Energy Nights 24 from Pulse Power offers free usage periods between 8 PM – 5:59 AM daily. The rate during the charged period is 12.8 cents per kWh.

After you add in the standard TDU charges, the average rate for electricity is 12.2 cents per kWh for 1000 kWh of use. This assumes you’ll use 40% of your electricity during the free period. At those rates, the average estimated monthly bill is around $122. This plan is also 20% renewable, and it has a $125 early termination fee.

Best 36-Month Free Electricity in Waco

Free Energy Weekends 36 from Pulse Power gives you free electricity between 8 PM on Friday – 5:59 AM Monday. The electricity rate during the paid period is 12.4 cents per kWh. With the standard TDU charges, your average electricity rate for 1000 kWh of use is about 11.9 cents per kWh, assuming that 40% of your use occurs in the free energy period. That makes the estimated monthly electricity bill on this plan about $118.

Pulse Power also offers Free Energy Nights 36, a 36-month fixed-rate electricity plan with free periods between 8 PM – 5:59 AM daily. The rate during the charged period is 12.1 cents per kWh. With TDU charges, your average rate for electricity is 11.8 cents per kWh for 1000 kWh of use, also assuming a 40% usage during the free period. This plan averages an estimated monthly bill of $118.

Both these plans are also 20% renewable, and they also have the $125 early termination fee.

Best Fixed-Rate Plan in Waco

While free electricity is great, free isn’t always the cheapest. To better understand that, we’ll compare the cheapest 12-month, fixed-rate plan in Waco.

The Value Plus 12 plan from Discount Power is a straight, fixed rate 12 month plan with a 6.8246 cents per kWh rate. Factor in the the TDSP charges for 1000 kWh of use and the rate runs about 11.3 cents per kWh. There’s no usage tiers or bill credits to meet that might keep you up at night doing laundry. And at the end of month, the estimated average bill comes to about $113. That’s cheaper than any of the cheapest free electricity plans in Waco. The early termination fee is steep, though; $150.

Before switching electricity plans, check over your current plan’s early termination fee. If you can find a cheaper plan with money saving incentives or rewards, then it’s better to switch. Otherwise, it’s best to wait out your contract.

What to Do Before Your Electricity Contract Ends in Waco

Your retail energy provider must notify you shortly before your contract ends. If you don’t respond to your REP or switch to a new plan at that point, your REP can move you to their default renewal product. Typically, that’s a variable rate, month-to-month energy plan which usually has higher rates. Be sure take advantage of your power to choose and shop for more free electricity rates before that happens.

Shop the Cheapest Free Electricity Rates in Waco

You don’t need free electricity to save on your monthly electricity bills. With the right tools, tricks, and tips, you can find the best plan for your electricity needs.

The time to save BIG on your electricity bills is now! Visit www.texaselectricityratings.com and find the perfect plan for your home in Waco, Texas.

Our Facebook Page

Recent Posts