Texas Electricity Plans – How to Choose the Right Electricity Provider
-In a deregulated market, you have the power to choose texas electricity provider. Use SaveOnEnergy to compare energy prices, filter by plan type and green energy, and find a plan that suits your habits and priorities. We’ll even show you how much the plan will cost each month using your actual usage data – no surprises. When you’re ready, our platform handles the switch without interrupting service. And if you’re moving to a new home, you can shop for a new plan up to 90 days before your contract begins, as long as you have proof of address and don’t end your existing contract with another supplier before your move.
The state’s high temperatures this summer have led to record breaking energy demand and a number of outages. With more hot weather ahead and peak demand occurring over the next 8 to 9 weeks, it’s important that you take steps to reduce your consumption to help keep your bill lower. You can do this by turning off lights and appliances, scheduling your air conditioning to run during cooler times of the day, installing smart thermostats, investing in energy-efficient appliances, and lowering the amount of electricity you consume with solar panels.
You can also cut your electricity costs by choosing a plan with a fixed rate if you are planning to stay in your home for a long period of time and want the stability of knowing that your bill will remain the same every month. There are a few different fixed-rate plans available from Texas electricity providers, including plans that offer free nights and weekends. These plans are ideal if you want the stability of knowing that your electric rates will not change for a certain amount of time, regardless of how hot or cold it gets outside.
Electricity companies in Texas are required to disclose the details of their plans on an official document called an Electricity Facts Label, or EFL. The EFL will include your plan’s base monthly charge, the average per-kilowatt-hour rate over various usage levels, the percentage of energy your plan is made up of from renewable sources, any early termination fee, and more. Make sure to read your EFL closely and ask your REP questions about any terms that you don’t understand.
Choosing the right electricity provider is a big decision. There are over 300 energy providers registered in Texas, and they each have rates that can change daily. That’s why it’s helpful to have a tool like EnergyBot, which pulls together the latest rates from each provider and makes them easy to compare.
The three groups that make up Texas’ electricity industry are the producers of energy, transmission and distribution utilities (TDUs), and Retail Electricity Providers (REPs). The REPs buy energy from the generators and sell it to you through their own lines, while the TDUs own the power poles, meters, and wires that bring electricity to your home or business. To make it easier to choose the right REP for you, consider their customer service reputation and price, as well as any special terms they may have. For example, some REPs offer special discounts for customers who can prove they are low income. Others offer incentives for homeowners who install energy efficiency measures or solar panels.