In a deregulated electricity market, there are hundreds of options for electricity providers and plans. It’s difficult to know which are the best for your home. ComparePower has made it easy to find the right plan by comparing rates with your historical usage data. We’ll show you what plan is the cheapest for you, without any hidden fees or complicated pricing.
Texas electricity providers offer a variety of electricity plan options, including fixed-rate and variable-rate plans, green energy options, and prepaid options. You can also shop for plans that offer free nights, bill credits for homeowners with excess solar energy, and more. In addition to the number of available plans, electricity rates vary by region and by provider. Some electricity companies have higher or lower rates depending on how much energy you use, so make sure to read the details of each plan before selecting it.
You can get a better idea of how each Texas electric company stacks up by looking at their reputation and customer reviews. You can also look at their Electricity Facts Label (EFL) to see how a plan’s advertised rate applies to your home’s specific level of consumption. The EFL will also include important information like early termination fees, and if the plan offers a renewable energy content.
As a consumer, you should always keep in mind that the utility company is responsible for managing and maintaining power lines and poles, addressing outages, and ensuring reliable service. Retail electricity providers, or REPs, only provide the txu energy you consume at your home. This includes the price per kilowatt-hour, or kWh, which is set by the Texas Public Utility Commission (PUCT).
Before choosing an electricity provider, you should check their EFL and make sure they have a good track record. In addition, you should consider whether the provider aligns with your values, such as their community involvement and support of charitable organizations. You should also check the terms of your contract if you’re planning on moving to a new address; some REPs may charge you an early termination fee if you cancel a plan before its term ends.
There are many reputable Texas electricity providers, but you should watch out for bad actors that try to trick customers into paying higher prices. Some of these tactics include lowering a rate to lure you in, then raising it after you sign up. By learning the basics of energy shopping, you can avoid these scams.
Enter your ZIP code to explore cheap Texas electricity rates and find the best provider for your home. Then, let Tiler Rate Assistant do the rest by finding a plan that’s perfect for you.