Milford Electricity Rates, Plans & Suppliers
The cheapest Milford electricity rate is 13.5 ¢/kWh, 30% lower than the average rate of 19.3 ¢/kWh.
51% are choosing plans with a contract length of 12 months, with 24 month contracts being the second most popular choice at 24%.
The average electric bill in Milford is $160, with average electricity usage of 1100 per month.
Recommended Milford Electricity Plans
Compare Milford Electricity Rates
We've researched the best providers and plans so you can find a great electricity rate in Milford
| Company | Term | Rate |
|---|---|---|
| Chariot Energy | 36/months | 9.9¢/kWh |
| Gexa Energy | 12/months | 9.9¢/kWh |
| 4Change Energy | 24/months | 10.5¢/kWh |
| Frontier Utilities | 12/months | 10.5¢/kWh |
| Discount Power | 24/months | 11.5¢/kWh |
| Cirro Energy | 24/months | 11.5¢/kWh |
| Think Energy | 8/months | 12.1¢/kWh |
| Amigo Energy | 24/months | 12.4¢/kWh |
| Just Energy | 24/months | 12.4¢/kWh |
| Tara Energy | 24/months | 12.4¢/kWh |
How Often do Electricity Rates Change in Milford Change?
Milford electricity rates change continually throughout the year. Multiple factors impact the rate, including weather, and natural gas prices. Hot and cold weather drive prices up, while mild weather and reduced demand bring prices down. Keep in mind that every light company has it's own pricing formula and may be in a phase to acquire customers with low rates, or may be in a conservative position and have high rates. The key is to shop when your contract comes up. There's always a deal to be had.
Video - What is The Best Milford Electricity Rate (September 2024)
How to Switch Your Milford Light Company
Switching light companies is simple and seamless with no interruption in service.
- You can switch your electricity company up to 45 days before your electricity contract ends. This is called a "Forward Switch"
- What is a Forward Switch? - A forward switch allows you to "Switch and Forget" Your new provider will handle all the details and seamlessly transfer you rservice on your contract end date
- You can switch your electricity company without penalty up to14 days before your contract ends.
- Your electricity provider is required to notify you that your electricity contract is up 30 days before th econtract end date
- Then compare electricity rates for Milford and switch in minutes.
Milford's Best Electricity Companies
TexasElectricityRatings, rates the top electricity companies in Milford
| Rank | Provider | Stars | Award | |
|---|---|---|---|---|
| #1 |
|
Champion Energy Services |  |
|
| #2 |
|
Payless Power | |
|
| #3 |
|
Constellation |  |
|
| #4 |
|
TriEagle Energy | |
|
| #5 |
|
Reliant | |
|
Milford Energy Plans
There are over 200 plans across 40+ providers currently available in the Milford Market. They range from 1 month variable rate plans to 60 months in duration. The easiest way to break all this down is into three categories.
Fixed Rate Plans
Fixed rate plans have terms ranging from 3 to 36 months, and provide a "fixed" rate for your electricity usage.
Variable rate or Month to Month plans
Variable rate plans change on a monthly basis. They are good for those who need short term flexibility,, and cannot commit to a long term contract. Variable rate plans change monthly and may double or triple if there is a weather event. (And we've had a few in the last 5 years). We do not recommend these plans.
Pre-paid Plans
For those who have not built credit, or want to avoid paying a deposit, there are pre-paid plans. Prepaid plans require that you establish an account and fund a balance. Usually $25-$50. Once the account is funded, your electricity is turned on and every day your balance is reduced by the cost of electricity used that day. The provider will contact you via text, app and automated calls to add money to your account as the balance changes.
Milford Electricity Outage and Utility 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
AEP Central/AEP North: 866-223-8508
Contact the Texas Public Utilities Commission with any other concerns:
PUC Customer Protection, P.O. Austin, TX 787111-3326.
Call 1-888-782-8477
Email the PUCT at customer@puc.texas.gov
Are You Moving to Milford?
Texas has a deregulated electricity market. That means Milford 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 Milford's best electricity companies and electricity plans that will make your move easy.
Getting your power turned on in Milford 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 Milford.
Compare Business Electricity Rates in Milford?
You have the power to choose your Commercial and Small Business Electricity Rates in Milford. 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.
Milford 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 Milford 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 Milford
Renewable and Green Energy Options in Milford
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 Milford 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 Milford
| Company | Term | Rate |
|---|---|---|
| Chariot Energy | 36/months | 9.9¢/kWh |
| Gexa Energy | 12/months | 9.9¢/kWh |
| Think Energy | 12/months | 12.2¢/kWh |
| Rhythm | 6/months | 13.3¢/kWh |
| GoodCharlie Energy | 12/months | 14.2¢/kWh |
FAQ: Milford Rates, Plans and Providers
What Milford TXU Energy electricity plans are available?
The following rates are available from TXU Energy
What is a cheap 4Change Energy electricity rate in Milford?
- Maxx Saver Select 24 is the cheapest rate from 4Change Energy. It is a 24 month plan with a rate of 10.500 cents per kWh.
You can order the Maxx Saver Select 24 plan here on TexasElectricityRatings without hassling with the state-run powertochoose.org website