Rankin Electricity Rates, Plans & Suppliers
Recommended Rankin Electricity Plans
Sponsored and Trending Electricity Plans for Rankin
- Save Up To $300 Per Year
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16.1 ¢ kWhTerm
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$161 per month
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17.0 ¢ kWhTerm
12 monthsAvg. Bill
$170 per month
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12.0 ¢ kWhTerm
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$179 per monthAll Electricity Plans for the Rankin Texas Area
(Oncor (Dallas/FW Metro))
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10.7 ¢ kWhTerm
12 monthsAvg. Bill
$180 per month
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10.7 ¢ kWhTerm
24 monthsAvg. Bill
$180 per month
(AEP-North (Abilene))
Electricity Plan Types in Rankin
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 Rankin
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 Rankin
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 Rankin
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.
How to Switch Electricity Companies in Rankin?
Switching Electricity companies is simple and seamless with no interruption in service.
- When is it Time To Switch Your Power Company: Check your electricity company contract's end date, if you're within 45 days you may forward switch, or within 14 days you can switch without penalty. Your retail electric provider is required to notify you at least 30 days before a contract expires.
- Compare electricity rates Rankin:If you can find a cheap new rate is dramatically lower it may be worthwhile to switch early and pay the ETF. Lets say youre on a 17 cent rate and youve found a great 11 cent rate. At 2000kWh per month at 17 cents is $340 and 2000kWh at 11 cents is $220. You could save $120 in the first month - so the $60 ETF is worth taking a hit on.
- Switch Electricity Company: Once you find a great Rankin electricity rate and want to lock it in, you can schedule a forward switch up to 45 days in advance. Ensure you get proof of switch order and date, (you should get an email) and retain any emails for your records.
Are You Moving to Rankin?
Texas has a deregulated electricity market. That means Rankin 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 Rankin's best electricity companies and electricity plans that will make your move easy.
Getting your power turned on in Rankin 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.
What are Rankin's Average Electricity Rates
Currently, the cheapest Rankin electricity rate is 10.3 ¢/kWh, 41% lower than the average rate of 17.5 ¢/kWh.
Based on recent order data, the best electricity providers in Rankin are Frontier Utilities, Champion Energy Services, and 4Change Energy.
48% 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 Rankin ranges from $120 to $300, with an average electricity usage of 1100-1400 kWh per month.Rankin 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
Compare Business Electricity Rates in Rankin?
You have the power to choose your Commercial and Small Business Electricity Rates in Rankin. 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.
Rankin 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 Rankin 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 Rankin
FAQ: Rankin Rates, Plans and Providers
What Rankin Tara Energy electricity plans are available?
The following rates are available from Tara Energy
What is a cheap TriEagle Energy electricity rate in Rankin?
- Sure Value 24 is the cheapest rate from TriEagle Energy. It is a 24 month plan with a rate of 12.900 cents per kWh.
You can order the Sure Value 24 plan here on TexasElectricityRatings without hassling with the state-run powertochoose.org website
Payless Power offers these plans in Rankin
The following rates are available from Payless Power
12 Month - Prepaid 17.20 cents per kWh 6 Month - Prepaid 17.40 cents per kWh 12 Month - Prepaid 17.80 cents per kWh 6 Month - Prepaid 18.00 cents per kWh Is it true that 4Change Energy has a low price in Rankin?
- Maxx Saver Select 24 is the cheapest rate from 4Change Energy. It is a 24 month plan with a rate of 10.700 cents per kWh.
We recommend you compare electricity rates in Rankin and see if this plan is right for you.