Mabank Electricity Rates, Plans & Suppliers
The cheapest Mabank electricity rate is 14.3 ¢/kWh, 26% lower than the average rate of 19.2 ¢/kWh.
46% are choosing plans with a contract length of 24 months, with 12 month contracts being the second most popular choice at 12%.
The average electric bill in Mabank is $170, with average electricity usage of 1100 per month.
Recommended Mabank Electricity Plans
Compare Mabank Electricity Rates
We've researched the best providers and plans so you can find a great electricity rate in Mabank
| Company | Term | Rate |
|---|---|---|
| 4Change Energy | 24/months | 10.3¢/kWh |
| Gexa Energy | 12/months | 10.4¢/kWh |
| Frontier Utilities | 12/months | 10.5¢/kWh |
| Chariot Energy | 36/months | 10.7¢/kWh |
| Discount Power | 24/months | 10.7¢/kWh |
| Cirro Energy | 12/months | 11.0¢/kWh |
| Think Energy | 6/months | 12.7¢/kWh |
| Veteran Energy | 12/months | 12.8¢/kWh |
| TriEagle Energy | 12/months | 13.5¢/kWh |
| Constellation | 12/months | 13.7¢/kWh |
Mabank's Best Light Companies
TexasElectricityRatings, rates the top electricity companies in Mabank
| Rank | Provider | Stars | Award | |
|---|---|---|---|---|
| #1 |
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Champion Energy Services |  |
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| #2 |
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Payless Power | |
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| #3 |
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Constellation |  |
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| #4 |
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TriEagle Energy | |
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| #5 |
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Reliant | |
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Video - What is The Best Mabank Electricity Rate (September 2024)
How to Switch Your Mabank Power Company
Finding a new electricity provider in Mabank is simple. Follow these simple steps to get the lowest electricity rate in Mabank.
- Compare Mabank power companies and prices
- Review electricity plan details
- Complete your order
Enter your zip code and compare the latest electricity plans from the best Mabank electric companies.
Plan details allow you to view the important information about the plan into a way that is easy to understand.
Once you've selected the best plan, order online through our easy to use platform. We're connected directly to every major Texas electricity company. Once complete you'll receive a confirmation email with your order information and your order status.
Are You Moving to Mabank?
Texas has a deregulated electricity market. That means Mabank Electricity Companies compete for your business. Just like cellphone, Internet, Insurance and credit card companies that compete for your business. And just like those businesses there are plenty of ways that Texas electricity companies can take advantage of you, so we've made it easy. We've rated, ranked, and recommend Mabank's best electricity companies and electricity plans that will make your move easy.
Getting your power turned on in Mabank is easy. If your home has a smart meter, we can get your power turned on in 4-6 hours. Just enter your zip code to get started.
Compare Local Electric Rates
When shopping for electricity, you will see that rates and plan availability may vary by location. This is due to differences between local utility transmission and delivery fees.
That's why you need to enter your zip code to compare electricity rates in Mabank.
Electricity Plans for Mabank
- Fixed Rate Plans: Offer a fixed rate per kWh (monthly bill may vary based on usage) for the length of the contract, typically 12 to 36 months.
- Green Energy Plans: Source power from renewable sources such as wind, and solar.
- No Deposit Plans: Electric companies in Mabank offering no deposit sometimes called prepaid electricity plans; allow customers to pay for their electricity in advance. With a no deposit electricity plan, customers can avoid credit checks, deposits, and avoid disconnection for non-payment.
- Variable Rate Plans: Usually considered as the opposite of fixed rate plans, with these plans the price per kWh will vary month to month.
- Time of Use Plans: Vary the rate per kWh based on the time of day and/or the season. Customers are often charged a higher rate during the day and a lower rate in the evening. Additionally there
- Solar Buy Back Plans: This allows Mabank homeowners with solar panels earn extra money by selling their surplus electricity to their electricity provider. Often this is in the form of bill credits for electricity that would otherwise go to waste. Electricity companies offering these plans include: Chariot Energy, Rhythm Energy, and Energy Texas.
Electricity Plan Types in Mabank
Now that we have explained TDSP rates, the second thing to consider is the type of electricity plans a customer can buy. Each plan will likely end up having different rate scales. There are three types of electricity plans you can choose from when selecting an energy plan that best fits your needs.
Fixed Rate Electricity Plan in Mabank
Lock in low energy rates for a period of months ranging from 9 to 36. Be aware that these contracts typically charge an early termination fee if you switch before your term ends.
Variable Rate Electricity Plan in Mabank
Month to month contracts with rates that vary. You won't have to worry about deposits or early termination fees, but rates can decrease or increase from month to month.
Pre-Paid Electricity Plan in Mabank
You deposit money into an account that your energy company bills directly depending on your use. Keep in mind there are often daily charges with these plans. Rates typically change from month to month.
There are other kinds of plans, such as green plans, or plans that come bundled with things like Smart Thermostats, but for the most part, these three plans are the main three kinds of choices available.
Compare Business Electricity Rates in Mabank?
You have the power to choose your Commercial and Small Business Electricity Rates in Mabank. The Texas Electricity Ratings commercial electricity marketplace is exclusively for business electricity customers looking to start commercial service or compare their existing commercial electricity rates.
Mabank business electricity rates are some of the lowest in the US and are 20-30% less than residential rates. So, if you're starting a business in Mabank or just want to compare commercial electricity rates and shop the market for a better rate, you could save thousands each year by shopping for a lower rate.
Commercial Electricity Rates in Mabank
Renewable and Green Energy Options in Mabank
Over 30% of the energy produced in Texas is from renewable energy resources such as solar, and wind. In fact, Texas produces more green energy than any other state. And is one of the reasons that Texas has some of the lowest electricity rates in the US.
Every Texas energy provider has about 20% green energy in their mix of energy sources. You can see this in the Fuel Mix section of any Texas Electricity Plan EFL (Electricity Facts Label).
Most Texas electricity companies have a 100% green / renewable energy plan, where 100% of the energy you buy supports renewable energy generators. Some Mabank electricity companies are exclusively green, where every plan is 100% green and prices and rates support 100% green energy and renewable generation.
The 3 types of renewable energy plans to select from:
- Green energy term plans:
- These are similar to traditional 3 to 12 month term plans with 100% green energy.
- EV Charging Plans:
- Plans targeted at EV owners that are "Time of Use" where you pay low rates at night (between 11PM and 5AM) and a higher rate during the day.
- Solar Buy Back Plans:
- Plans that allow homeowners who own their solar panels to sell excess power back to their provider or offset their electricity bill with excess power generated by their solar panels and may earn bill credits of up to .25 cents per kWh exported back to the grid.
Five Green Electric Plans for Mabank
| Company | Term | Rate |
|---|---|---|
| Gexa Energy | 12/months | 10.4¢/kWh |
| Chariot Energy | 36/months | 10.7¢/kWh |
| Think Energy | 12/months | 12.9¢/kWh |
| Rhythm | 6/months | 13.9¢/kWh |
| Champion Energy Services | 24/months | 15.4¢/kWh |
What if I have Bad Credit or Cant Afford A deposit
There are several no deposit light companies in Mabank that can get your lights on tonight. No deposit electricity plans require that you prepay for your electricity. You can order online, and deposit a small amount - generally $25-$75 and get your lights on in a few hours. Once youve ordered service, you download an app and that reminds you when you need to deposit more money to keep your lights on.
| Company | Term | Rate |
|---|---|---|
| Payless Power | 6/months | 17.7¢/kWh |
| Payless Power | 12/months | 18.2¢/kWh |
Mabank Electricity Outage Information
If you have a power outage, or any issue with your home's electrical delivery, you should contact your local electric utility for assistance, Centerpoint Energy - 713-207-2222, Oncor Energy - 888-313-4747, AEP Central/AEP North - 866-223-8508, or TNMP - 888-866-7456
Contact the Texas Public Utilities Commission with any other concerns: PUC Customer Protection, P.O. Austin, TX 787111-3326. Phone: 1-888-782-8477, Email at customer@puc.texas.gov
Compare Business Electricity Rates in Mabank?
You have the power to choose your Commercial and Small Business Electricity Rates in Mabank. The Texas Electricity Ratings commercial electricity marketplace is exclusively for business electricity customers looking to start commercial service or compare their existing commercial electricity rates.
Mabank business electricity rates are some of the lowest in the US and are 20-30% less than residential rates. So, if you're starting a business in Mabank or just want to compare commercial electricity rates and shop the market for a better rate, you could save thousands each year by shopping for a lower rate.
Commercial Electricity Rates in Mabank
Find rates for your zip code in Mabank
FAQ: Mabank Rates, Plans and Providers
Constellation offers these plans in Mabank
The following rates are available from Constellation
12 Month Usage Bill Credit 13.70 cents per kWh Is it true that Champion Energy Services has a low price in Mabank?
- Champ Silver-24 is the cheapest rate from Champion Energy Services. It is a 24 month plan with a rate of 14.600 cents per kWh.
We recommend you compare electricity rates in Mabank and see if this plan is right for you.
What is a cheap 4Change Energy electricity rate in Mabank?
- Maxx Saver Select 24 is the cheapest rate from 4Change Energy. It is a 24 month plan with a rate of 10.300 cents per kWh.
You can order the Maxx Saver Select 24 plan here on TexasElectricityRatings without hassling with the state-run powertochoose.org website