Richmond Electricity Rates, Plans & Suppliers

Electricity Plan Types in Richmond

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 Richmond

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 Richmond

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 Richmond

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 Richmond?

Switching Electricity companies is simple and seamless with no interruption in service.

1. 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.
2. Compare electricity rates Richmond: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.
3. Switch Electricity Company: Once you find a great Richmond 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.

Video - What is The Best Richmond Electricity Rate (September 2024)

Are You Moving to Richmond?

Texas has a deregulated electricity market. That means Richmond 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 Richmond's best electricity companies and electricity plans that will make your move easy.

Getting your power turned on in Richmond 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.

Richmond 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

Oncor Energy: 888-313-4747

AEP Central/AEP North: 866-223-8508

TNMP: 888-866-7456

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 Richmond?

You have the power to choose your Commercial and Small Business Electricity Rates in Richmond. 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.

Richmond 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 Richmond 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 Richmond

Term

12 Months

Lowest Rate

7.55 ^¢ kWh

Term

12 Months

Lowest Rate

7.77 ^¢ kWh

Term

12 Months

Lowest Rate

8.26 ^¢ kWh

Term

12 Months

Lowest Rate

8.59 ^¢ kWh

Term

12 Months

Lowest Rate

8.69 ^¢ kWh

Term

12 Months

Lowest Rate

9.23 ^¢ kWh

FAQ: Richmond Rates, Plans and Providers

Just Energy offers these plans in Richmond

The following rates are available from Just Energy

Base Saver Plus - 24	12.60 cents per kWh
Weekends Free Plan - 12	16.90 cents per kWh
100% Green Nights Free Plan - 36	17.50 cents per kWh
Weekends Free Plan - 24	17.50 cents per kWh
Simple Choice - 12	17.90 cents per kWh
Basics - 36	17.90 cents per kWh
Simple Choice - 36	17.90 cents per kWh
Basics - 60	17.90 cents per kWh

What is a cheap Champion Energy Services electricity rate in Richmond?

Champ Silver-24 is the cheapest rate from Champion Energy Services. It is a 24 month plan with a rate of 15.200 cents per kWh.

You can order the Champ Silver-24 plan here on TexasElectricityRatings without hassling with the state-run powertochoose.org website

Is it true that Champion Energy Services has a low price in Richmond?

Champ Silver-24 is the cheapest rate from Champion Energy Services. It is a 24 month plan with a rate of 15.200 cents per kWh.

We recommend you compare electricity rates in Richmond and see if this plan is right for you.

What Richmond Reliant electricity plans are available?

The following rates are available from Reliant

Reliant Power Savings 24 plan	13.90 cents per kWh
Reliant Power On 24 plan	14.50 cents per kWh
Reliant Basic Power 12 plan	14.80 cents per kWh
Reliant Basic Power 24 plan	14.80 cents per kWh
Reliant Conservation 12 plan	14.90 cents per kWh
Reliant Power Savings 12 plan	14.90 cents per kWh
Reliant Conservation 24 plan	14.90 cents per kWh
Reliant Power Savings 2,000 kWh 24 plan	21.70 cents per kWh
Reliant Power Savings 2,000 kWh 12 plan	22.30 cents per kWh

Find rates for your zip code in Richmond

77406

77407

77460

77469