Author: Graham GriffinGraham Griffin

ComparePower 57500 5-Star Ratings Reviews

Any product or company names, marks, or logos shown on this page are the property of their respective owners. Compare Power is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Hey there, Texas! Are you tired of staring at your electricity bill, wondering if you could be saving more?

You’re not alone. The good news is you’ve come to the right place.

We’re about to dive deep into short-term vs. long-term electricity contracts, and by the end of this article, you’ll know exactly which type of contract is the best fit for you.

Stick around, and let’s save you some money!

TL;DR: Short-term contracts offer flexibility, and long-term contracts give you stability. Your lifestyle and budget determine which is best for you.

Short-Term vs. Long-Term Electricity Contracts

You’re here because you’ve got questions. Is a short-term electricity contract worth it, or should you go for a long-term deal?

We get it; it’s a big decision. But don’t sweat it; we’ve got your back.

Your Life, Your Choice

Here’s the thing: There’s no one-size-fits-all answer.

If you plan to stay put for a while, a long-term contract might be your best bet. But if you’re the adventurous type who likes to keep their options open, a short-term contract could be right up your alley.

Short-Term Electricity Contract Benefits

The beauty of short-term contracts is the freedom they offer.

You’re not tied down, and if electricity rates drop, you can jump ship and snag a better deal.

That’s what we call electricity contract flexibility.

If you play your cards right, you can start your contract when demand is low, securing those sweet, low short-term electricity contract rates.

But Wait, There’s a Catch

While short-term contracts can be a bargain hunter’s dream, they come with their own set of risks.

You could find yourself paying through the nose if you’re not diligent about switching companies at the end of your contract.

Long-Term Electricity Contract Advantages

With long-term contracts, you can kick back and relax.

You lock in a rate and enjoy the peace of mind that comes with long-term electricity contract stability.

Budget-Friendly

Long-term contracts are a budgeter’s best friend.

Your rate stays the same, making it easier to plan your finances.

Plus, you won’t have to think about shopping for a new plan for at least a year.

The Downside: Early Termination Fees

Before jumping into a long-term contract, remember that breaking it could cost you. Early Termination Fees (ETF) can be a couple hundred dollars if you aren’t careful.

Is a Short or Long-term Contract Better For You?

The short answer is that it depends. Unfortunately, there is no straightforward answer to tell you which will work best for you.

You’ll want to take a hard look at what you want from your electricity plan before deciding what type of contract you want to sign.

Most ComparePower customers choose 12-month fixed-rate electricity plans.

Your Next Steps

We’re not just another platform; we’re your ally in the quest for the perfect electricity plan.

Our user-friendly interface makes it easy to compare plans, and transparent pricing means you know exactly what you’re getting.

Compare rates and find your best plan today.

Contract Length FAQs

What time of year is electricity the cheapest?

Electricity prices in Texas fluctuate throughout the year, depending on demand.

Summer and winter see the highest electricity demand as people heat and cool their homes.

Conversely, spring and fall are usually when electricity rates are the lowest.

How long are energy contracts?

Energy contracts range in length from three months up to 36 months. The most common term lengths are 6, 12, 24, and 36 months.

Do I need to match my contract length to my lease?

There is no need to match your contract length to your lease. Instead, we recommend picking the contract length that gives you the best rate for your unique electricity usage.

ComparePower 57500 5-Star Ratings Reviews

Any product or company names, marks, or logos shown on this page are the property of their respective owners. Compare Power is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Are you tired of unexpected electricity bills and feeling out of control with your energy consumption?

Smart Meter Texas (SMT) allows you to manage your electricity usage, find the best plans, and save big on your bills.

Combining the strengths of Compare Power with your data from Smart Meter Texas is the easy way to find your best electricity plan.

In this article, we’ll unravel the secrets of Smart Meter Texas and how it can revolutionize your energy management.

TL;DR: Smart Meter Texas is a free tool that provides detailed energy data, helping you manage electricity usage. With Compare Power’s tools and your data, you can easily find the best electricity plan for your home.

What is Smart Meter Texas?

Smart Meter Texas is more than just a database; it’s your personal energy assistant.

By storing daily, monthly, and 15-minute interval energy data, SMT gives you quick access to your electricity use, meter information, and more.

It’s a joint venture owned and managed by major Texas electricity companies and endorsed by the Public Utility Commission of Texas.

Why You Should Use Smart Meter Texas:

Reading your meter might seem like a puzzle, but SMT simplifies everything.

With an account, you can view your electricity usage throughout the day, week, or month, making it easy to plan and reduce your usage.

Plus, you can accurately shop for Texas electricity rates on Compare Power, ensuring you choose the plan that will save you the most money.

How Smart Meter Texas Works: A Step-by-Step Guide

With SMT, managing your energy consumption is a breeze.

In just 5 minutes, you can find your latest electricity bill, enter the required details, and view your 15-minute, daily, and monthly readings.

All you need is internet access and your electricity bill.

Using Smart Meter Texas

Whether you want to reduce electricity usage during peak times or switch from your current provider, SMT has your monthly usage history ready.

Drop that usage into Compare Power’s tools, and you’ll see exactly what your bill will look like.

The savings might shock you.

Smart Meter Texas: Your Partner in Savings and Efficiency

Is Smart Meter Texas Free?

Yes, Smart Meter Texas is a free service provided by the Public Utility Commission of Texas and the electricity industry in Texas.

It lets you access your smart meter data, view your energy usage patterns, and track your electricity consumption.

How Can I Speak to a Representative at Smart Meter Texas?

Need assistance? You can call the Smart Meter Texas customer service hotline at 1-844-217-8595.

Take Control with Compare Power: Your Next Steps

Start Saving on Your Texas Electricity Bill:

Ready to take control of your energy consumption?

Use Smart Meter Texas to find when your usage peaked and plan to reduce electricity usage during those times.

Compare Power is here to help you shop confidently, knowing you are getting the best plan for your home in just a few minutes.

Conclusion:

Smart Meter Texas is not just a tool; it’s a pathway to smarter energy management, savings, and efficiency, all through your smart meter.

With Compare Power, you can leverage the power of Smart Meter Texas to find the best electricity plans tailored to your usage.

Don’t miss out on the opportunity to take control of your energy consumption.

Start using Smart Meter Texas today and discover the difference it can make.

Start saving on your Texas electricity bill.

ComparePower 57500 5-Star Ratings Reviews

Any product or company names, marks, or logos shown on this page are the property of their respective owners. Compare Power is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Ever found yourself staring at your electricity meter, utterly puzzled about what those numbers and dials mean? You’re not alone.

But here’s the good news: by the end of this article, you’ll be able to read your meter like a pro.

We will demystify the process and show you how to calculate your electricity usage.

Plus, we’ll introduce you to ComparePower, your go-to platform for all things electricity in Texas. Ready? Let’s dive in!

TL;DR: There are several different types of electricity meters, but each one does the same thing. Once you learn how to read your meter, you can calculate your usage and find ways to save on electricity.

Unraveling the Mystery: How to Read Your Electricity Meter

Decoding the Standard Electric Meter

Standard electric meters, also known as analog meters, are common in many Texas homes.

These meters feature a series of dials that record the amount of energy used. To read them, stand directly in front of your meter, with the meter at eye level.

Each dial has ten numbers (0 – 9) and a pointer like a clock hand. Read the dials from right to left.

If a hand points between two numbers, always select the lower number. If the hand is between 0 and 9, choose 9.

Navigating the Digital Power Meter

Digital electric meters display your current energy usage on an LCD screen.

Reading these meters is straightforward: Read the numbers from left to right and write it down in the same order.

Every time the number increases, another kWh has been used.

Mastering the Smart Meter

Smart meters are becoming increasingly popular in Texas due to their ability to provide real-time information about energy usage.

To read a smart meter, look at the digital display. The number shown is your current meter reading.

Most smart meters also have a button that allows you to view your historical energy usage.

The Art of Reading a Dial Meter

Dial meters are a bit more complex but don’t worry, we’ve got you covered.

Each dial runs in the opposite direction of the one before it. If a hand points directly at a number, look at the dial to the right.

If it has passed zero, use the higher number.

How to Calculate kWh from Electric Meter Reading

Once you’ve read your meter, you can calculate your electricity usage by subtracting the previous reading from the current one. This will give you the number of kWh used during that period.

Understanding Your Electricity Bill

In Texas, your electricity bill is calculated based on the number of kWh used and the rate charged by your electricity provider.

The rate can vary depending on your plan and the time of day when the electricity is used.

Why Choose ComparePower?

ComparePower is your one-stop platform for all your electricity needs in Texas.

We provide a comprehensive list of electricity plans from various providers, allowing you to compare rates and choose the best plan for your needs.

With ComparePower, there are no hidden fees or surprise charges. What you see is what you get.

We understand that every household has unique energy needs, and we’re committed to helping you find the perfect plan that fits your lifestyle and budget.

Take Control of Your Energy Consumption

Understanding how to read your electricity meter is the first step to taking control of your energy consumption.

With this knowledge, you can monitor your usage, make informed decisions about your energy use, and potentially save on your utility bills.

Ready to take the next step?

Remember, every kWh counts, so start reading your meter today and take control of your energy consumption with ComparePower.

Electricity Meter FAQs

An electric meter is a device that measures your electricity usage. It is usually located where electricity enters your home through power lines, and you can read your usage to help lower your electricity bill.

All meters work similarly to the mileage on your car and record the total amount of power your residence or business has used since the meter was installed.

Your electric meter might seem like a foreign object on the side of your home or apartment, but modern smart meters make it easy to understand your energy usage. 

With these meters, you can quickly get a real-time readout of your electricity usage, calculate your yearly averages, and find easy ways to conserve energy and save money.

ComparePower 57500 5-Star Ratings Reviews

Any product or company names, marks, or logos shown on this page are the property of their respective owners. Compare Power is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Have you ever been surprised by an unexpectedly high electricity bill?

It’s a common experience for many Texas residents, given the state’s extreme weather fluctuations.

But what if there was a way to make your electricity bills more predictable? That’s where average billing comes in.

TL;DR: Average billing is a system that calculates your average energy usage over the past 12 months and charges you that amount each month. It’s designed to smooth out the peaks and valleys in your energy bills, making them more predictable. However, it’s not a one-size-fits-all solution.

What is Average Billing?

Average billing is a billing method designed to keep your electricity bills consistent, regardless of the season.

Instead of paying for the exact amount of electricity you use each month, which can vary significantly, average billing calculates your average usage over the past 12 months and charges you that amount.

This method helps to even out your energy costs, making budgeting easier.

How Does Average Billing Work?

The process of average billing involves calculating the average energy usage over the past 12 months.

This average is then billed to the customer each month. If a customer uses more energy than the average in a given month, the difference is added to a deferred balance.

Conversely, if a customer uses less energy than the average, the difference is subtracted from the deferred balance.

This balance is periodically reviewed and adjusted to ensure that it doesn’t become too large.

Average Billing vs Regular Billing

Regular billing can be unpredictable, with your bill going up and down each month based on your actual usage.

On the other hand, average billing provides a more consistent monthly bill.

However, it’s important to note that with average billing, you’re still responsible for all the electricity you use – it just spreads the cost out more evenly.

The Pros and Cons of Average Billing

Average billing offers several benefits, including predictable bills that make budgeting easier.

However, it also has its drawbacks. For instance, you could end up with a deferred balance if you consistently use more energy than your average.

And if you decide to stop average billing, you’ll need to pay off that balance.

Alternatives to Average Billing

While average billing can be a great tool for managing your electricity costs, it’s not the only option.

You could also consider creating your own average billing plan by setting aside money during months of low usage to cover higher bills during months of high usage.

Another option is to look into plans that use bill credits to help offset the cost of higher usage.

Is Average Billing Worth It?

Whether average billing is worth it or not depends on your individual circumstances.

If you value predictability and ease of budgeting, average billing could be a great fit.

But if you’re a low-energy user, or if you’re not keen on tracking a deferred balance, you might prefer regular billing.

How to Switch to Average Billing

If you decide that average billing is for you, the next step is to make the switch.

This usually involves contacting your electricity provider directly and requesting to switch to average billing.

Keep in mind that you’ll need to pay off any deferred balance when you switch.

Why Choose ComparePower?

ComparePower is here to make your electricity shopping experience as straightforward as possible.

We help you compare plans from different providers, so you can find the one that best fits your needs.

And if you have questions about average billing or anything else, our friendly, Texas-based team is always ready to help.

Historical Usage Shopping

At ComparePower, we also offer the option of shopping with your home’s historical usage profile. This can help you compare energy plans more accurately and find the best deal for your specific usage patterns.

Take Control of Your Electricity Bills with ComparePower

Average billing can be a useful tool for managing your electricity costs, but it’s not the only option.

Whether you choose average billing or regular billing, ComparePower is here to help you find the best electricity plan for your needs.

Start comparing plans today and take control of your electricity bills.

Average Billing FAQs

Are you wondering if average billing is worth it?

The unfortunate side of average billing is that you don’t end up saving any money at all. Each month your electricity provider adjusts your bill to smooth out any spikes in usage. 

Say it’s March, and you get surprised with some great weather. The clouds blow away, and you wear shorts and t-shirts for a week, so you crank up the air conditioning. 

You enjoyed the sun, got a tan, and now you have extra electricity charges you haven’t paid for. The difference between your average bill and your actual charges is set aside in a deferred balance. 

Your provider is happy to keep track of anything you owe them and ensure you don’t underpay, regardless of the difference. 

If you use less electricity, you can end up with a negative balance or a credit on your account. When your contract ends, your provider will apply for any credit on your account to your last bill. 

At the end of the year, you’ve still paid for all of your electricity usage and haven’t saved a dime. 

Average billing is a great option for someone looking for a stable electricity bill throughout the year and isn’t afraid of keeping an eye on it. 

If you have a good understanding of your usage and are stable in your home, keeping an eye on your deferred balance should be easy to avoid surprises at the end of your contract. 

You’ll have an easier time planning out your monthly finances without worrying about what the weather is doing. 

Stable electric bills could also be great for someone on a fixed income. You’ll have more consistent bills and won’t have to guess when planning your finances. 

Considering a new pool or maybe an electric vehicle in the future? You’ll want to wait on average billing if you think your usage patterns will change. 

A big change in your usage can lead to underpayment on your bill and a big deferred balance. You could be stuck with a massive bill to settle anything you owe to your provider at the end of your contract. 

ComparePower 57500 5-Star Ratings Reviews

Any product or company names, marks, or logos shown on this page are the property of their respective owners. Compare Power is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Are you tired of feeling lost and overwhelmed when it comes to choosing an electricity plan in Texas? You’re not alone.

The world of electricity contracts can be confusing, but it doesn’t have to be.

In this guide, we’ll demystify electricity contracts, giving you the insights you need to make informed decisions.

Whether you’re considering 12-month energy contracts, 24-month electricity plans, or even 36-month electricity contracts, we’ve got you covered.

TL;DR

  • Know Your Contract: Understand the terms, Electricity Facts Label (EFL), and your rights.
  • Choose Wisely: From short-term electricity plans to long-term contracts, know what suits you.
  • Avoid Pitfalls: Don’t let your contract expire and overpay. ComparePower is here to help.

Understanding Electricity Contracts

Electricity contracts are legal agreements between you and your energy retailer.

They include details about charges, terms of service, and your rights as a consumer.

Understanding these elements can help you choose the best energy plan and avoid surprises on your bill.

Reading the Fine Print: EFL, TOS, and YRAC

The Electricity Facts Label (EFL), Terms of Service (TOS), and Your Rights as Consumer (YRAC) are crucial documents in your contract.

They provide standardized information about charges, obligations, and protections.

ComparePower ensures you have access to these details, making your decision-making process seamless.

The EFL

The first document you must understand in your contract is the Electricity Facts Label (EFL), one of the most vital parts. 

The Public Utilities Commission of Texas (PUCT) mandated that all electric companies provide standardized information about their contracts via the EFL.

In the EFL, you will find information on the charges for your electricity, including the cost per kilowatt-hour (kWh) and any extra fees associated with the production and distribution of electricity. 

Learn how to read your Electricity Facts Label.

Terms of Service 

Next, read and understand the Terms of Service (TOS). This is the legally binding part of your contract. 

It is similar to the terms and conditions you agree to when using other products and will give you information about the obligations both parties must fulfill.

Your Rights as a Consumer 

Finally, you’ll find “Your Rights as a Consumer” (YRAC). 

This document details federal protections in place, like the company’s responsibility to not discriminate based on gender, race, religion, and other rights you have.

This can include your right to privacy or the company’s obligation to notify you of certain changes and seek your consent when necessary.

Navigating Contract Lengths

Short-term Electricity Plans: Flexibility at a Cost

Short-term contracts, lasting less than a year, offer flexibility but can be risky. Prices fluctuate, and renewing at an inopportune time, like the hot Texas summer, can be costly. ComparePower recommends 12-month plans for a balance between affordability and convenience.

Long-term Contracts: Stability and Savings

Long-term electricity contracts, ranging from 12 to 36 months, allow you to lock in a rate and budget effectively. They often come with lower charges, but be mindful of early termination fees.

Fixed-Rate vs. Variable-Rate Electricity Contracts

Fixed-Rate Electricity Contracts: Predictable and Popular

Most Texans prefer fixed-rate plans, where the rate remains the same throughout the contract. It leads to more predictable bills, aligning with ComparePower’s commitment to transparency and ease.

Variable-Rate Electricity Contracts: A Gamble with Rewards

Variable-rate plans let you pay market prices, saving when rates drop but paying more when they rise. It requires daily control of usage, but ComparePower can guide you in making the best choice.

Which is better: Fixed-Rate vs Variable-Rate Electricity

Additional Considerations: Green Options, Deposits, and More

From 100% Green plans and Free Nights & Weekends to avoiding deposits, ComparePower helps you navigate additional features and requirements.

We’re here to assist you in finding a no-deposit plan quickly and efficiently.

Contract Expiration

Make sure your contract does not expire. Not doing anything is by far your most expensive option. 

You’re automatically put on a holdover rate when your contract expires, fluctuating based on market conditions, resulting in unexpectedly high electricity bills.

Set a reminder here, and we will notify you when it’s time to switch.

Contract Renewal Cycle

Generally, you want to avoid contracts with short or odd-numbered terms as these will expire when electricity demand is at its peak and prices are high.

Learn how electricity contract renewals work in Texas.

Canceling an Electricity Contract

You can cancel anytime, but early termination fees may apply. Moving out lets you cancel your contract without fees.

Take Action

Ready to take control of your energy future?

ComparePower is your trusted partner in finding the best electricity contracts for your home.

Don’t let confusion hold you back. Compare rates, make an informed decision, and enjoy the power to choose with ComparePower.

Electricity Contract FAQs

Will I lose power if my electricity contract expires?

No, you will not lose power if your electricity contract expires.

Your current provider will continue to provide power to you, but at a high rate, called a holdover rate. 

Do not let your contract lapse. Shop with your home’s historical usage on ComparePower and find the right plan for your home in 10 minutes.

Can I cancel an electricity contract?

You can easily cancel your electricity service by calling your electricity provider when you move out. Early termination fees do not apply when moving out.

If you are looking to switch providers, you have 14 days before the end of your contract to switch providers without penalty.

If you just switched companies, you can cancel within three days by contacting the company directly.

Cancellations are possible at any time, but switching providers before the end of your contract may result in an early termination fee.

ComparePower 57500 5-Star Ratings Reviews

Any product or company names, marks, or logos shown on this page are the property of their respective owners. Compare Power is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Ever found yourself scratching your head while looking at your Electricity Facts Label (EFL)?

You’re not alone. But fear not, we’re here to help.

By the end of this article, you’ll be an EFL expert, ready to make the most informed energy choices for your home or business.

TL;DR: The EFL is a document that breaks down the details of your electricity plan. It includes the energy rate, average rate, base charge, delivery charges, contract length, type of plan, early termination fee, and renewable energy percentage.

The EFL: Your Roadmap to Understanding Electricity Plans

The EFL is more than just a piece of paper. It’s a roadmap to understanding your electricity plan.

It’s like the nutrition facts on your favorite snack but for your energy consumption. It tells you what you’re getting, how much it costs, and the terms of your agreement.

Digging Into the Details of EFLs

An EFL is usually divided into three sections that outline the pricing structure for the plan, any disclosures made by the provider, and the provider’s contact information.

EFL - Electricity Facts Label
Sample Electricity Facts Label

Average price per kWh: The first thing you’ll notice on an EFL is a chart showing the average price of electricity depending on the average monthly usage in kilowatt-hours (kWh). 

It displays the average price per kWh charged if you use 500, 1000, or 2000 kWh per month.

Remember that this is only an example of what your payments may look like if you utilized those EXACT amounts of energy.

Base charge: The base charge is a cost that some companies will charge in addition to your monthly consumption.

Most plans have a base charge of five to ten dollars, but you should be wary of plans with higher base charges.

Energy charge: The energy charge is the rate at which your energy provider bills you for your electricity usage. 

It does not account for your usage levels and is the baseline for what you would be charged for each kWh of electricity you use.

Bill and usage credits: Bill or usage credits are also included in the pricing part of EFLs.

These look like a discount on your bill when you use a certain amount of electricity.

TDU delivery charges: The last price section you should look at is the Transmission and Distribution Utility (TDU) charges. 

These tell you any additional charges your utility company will add to your bill. TDU pricing in Texas is regulated and can only be altered twice a year.

Product disclosure: The disclosure part informs you of the type of energy plan you are enrolling in.

A fixed-rate plan maintains the same rate for your energy usage throughout the contract.

A variable-rate plan means that your supplier can adjust your pricing each month.

Contract term: The contract term tells you how long your electricity contract will last.

If you’re new to comparing Texas power and moving into a rental or an apartment, you don’t have to match your electricity contract with your lease.

Termination fee: If you want to cancel your service before the end of your contract period, you may be charged a termination fee.

Some companies will charge a flat fee, while others will charge based on the time left in your contract.

Price Changes: This indicates whether or not your provider can adjust the monthly fee you pay. 

These adjustments typically reflect changes in TDU rates or administrative costs levied by the Electric Reliability Council of Texas (ERCOT).

Pre-payment or advance payment: This tells you if your plan allows for prepayment or payment in advance.

Renewable content disclosure: The final section tells you if renewable sources generate your electricity.

Getting in touch: The final portion of an EFL contains all the contact information for the service provider in charge of that plan.

The ComparePower Advantage

At ComparePower, we take the guesswork out of comparing electricity plans.

Our user-friendly platform allows you to filter and sort plans based on your specific needs.

Whether you’re looking for a plan with no base charge, a plan with 100% renewable energy, or a plan with a specific contract length, we’ve got you covered.

The Bottom Line

Understanding your EFL is the first step to making informed energy choices.

With ComparePower, you have a trusted partner to guide you through the process.

So why wait? Start comparing electricity plans today and take control of your energy costs.

Ready to find your best energy plan and rate?

EFL FAQs

What is an Electricity Facts Label

EFL - Electricity Facts Label

The Electricity Facts Label (EFL) is a legal disclosure mandated by the Public Utility Commission of Texas (PUCT) that must be included with all energy plans. Amongst other factors, the EFL displays the average price per kWh charged if you use 500, 1,000, or 2,000 kWh per month.

Where can I find the Electricity Facts Label?

The Electricity Facts Label comes with every energy plan in Texas. On ComparePower, you can view the plan details for any plan you choose in our marketplace. Your energy provider can also send you a copy of your current EFL upon request.

What is the cost of electricity outside of the advertised 500, 1000, or 2000 kWh in Texas?

The Electricity Facts Label only discloses your price for 500, 1000, or 2000 kWh. To get the price for any other usage value, visit ComparePower.com – We fix the EFL in Texas by allowing you to shop energy plans for any usage or with your home’s specific annual usage profile. Fully transparent electricity shopping is available.

ComparePower 57500 5-Star Ratings Reviews

Any product or company names, marks, or logos shown on this page are the property of their respective owners. Compare Power is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Are you tired of being surprised by your electricity bill every month?

Do you wish you could understand what all those charges mean? You’re not alone, and we’re here to help.

In this guide, we’ll explain how to read your electricity bill, the energy and utility charges, and more.

By the end, you’ll have a clear understanding of your electricity bill and be able to make informed decisions about your energy consumption.

TL;DR: Your bill is broken down into energy and Transmission and Distribution Utility (TDU) charges. Check for plan, usage, and TDU fee changes if you’re stuck with a surprisingly high bill.

Unraveling Bill Mysteries

Your electricity bill can be confusing, especially if it’s higher than expected.

Here’s how to read your electric bill and find out what’s causing those spikes:

  • Average kWh: Compare your usage to previous months to identify seasonal changes.
  • Energy Charge: Understand how rates can change based on your usage.
  • TDU Charge: Check for regulatory changes that might affect your bill.
  • Plan Changes: Look for unexpected changes in your plan that might increase costs.

How to Read Your Electricity Bill

Your electricity bill is broken down into five main sections:

  1. Account Information: Key details like your account number and ESI ID.
  2. Bill Summary: An overview of current charges, including energy cost, supply fees, and taxes.
  3. Energy Consumption: A comparison of current and previous month’s usage in kilowatt-hours (kWh).
  4. Charges Breakdown: Detailed information on delivery and energy charges.
  5. Electricity FAQs: Common questions about electricity billing in Texas.

Sample Electricity Bill

How to read electric bill Page 1
Front page – sample electricity bill
how to read electricity bill
Back page – sample electricity bill

ComparePower: Your Electricity Solution

  • All-Inclusive Pricing: Get accurate pricing that includes all charges you’ll see on your bill.
  • Easy Comparison: Compare rates and save money on your next power bill.
  • Energy-Saving Options: Learn how to avoid high electricity bills and find the best electricity rate per kWh.

Addressing Your Concerns

  • Worried about high bills? ComparePower helps you find inconsistencies and avoid overcharges.
  • Confused about charges? We provide a clear breakdown of utility charges on your electric bill.
  • Looking for a better plan? ComparePower helps you find the best energy-saving plans.

Don’t Miss Out

Without ComparePower, you might end up paying more than you need to.

You could miss out on understanding your electricity bill, leading to unexpected costs and less control over your energy consumption.

Take Action Now

Understanding your electric bill in Texas doesn’t have to be a daunting task.

From electric bill breakdowns to energy-saving options, we’re here to guide you every step of the way.

Choose ComparePower today and take the confusion out of your electricity bill. Your path to understanding starts here.

Electricity Bill FAQs

How is electricity billed in Texas?

In Texas, electricity consumers are billed by their electricity providers. Customers are charged for both the electricity used (energy charge) and the electricity (utility charge) delivery.

How do I read my electric bill?

You need to check the total usage and then the breakdown of the costs being charged. We’ll show you how to calculate the prices you paid and verify if they’re correct.

Is the bill provided by the utility or provider?

In deregulated areas of Texas, the bill for your energy usage is provided by the energy company you have chosen.

Texas has a deregulated energy market, which means you have the power to choose your energy supplier based on your preferences and budget.

The utility company in Texas is responsible for the physical delivery of electricity to your home or business via wires and poles. Utility charges are passed through on your energy bill.

Utility charges cover the cost of delivering electricity or gas to your home or business and maintaining the energy infrastructure.

On your bill, you will typically see utility charges itemized separately from the energy supply charges.

ComparePower 57500 5-Star Ratings Reviews

Any product or company names, marks, or logos shown on this page are the property of their respective owners. Compare Power is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Electricity Renewal Offers in Texas

Are you considering an electricity contract renewal offer and wondering if switching providers can save you money?

You’re not alone. Many Texans face this same decision every year.

Here’s the good news: We’ve covered everything you need to know about electricity contract renewals in Texas, plus how to switch providers effortlessly if needed.

TL;DR: This guide simplifies electricity contract renewals in Texas. With ComparePower, you can easily understand your contract’s end date, identify the best time for renewal, and switch providers.

Is It Time to Switch Electricity Companies?

When your electricity contract is nearing its end, you’re faced with a key decision: stick with your current provider or explore other options. It’s a good idea to evaluate the service you’ve received, your current plan’s cost, and whether better deals are available.

It might be time to switch if you’re unhappy with your service or find a better rate elsewhere.

Understanding Your Electricity Contract End Date

Texas Electricity Providers are required to notify you when your contract is about to expire.

Don’t ignore this notice—doing nothing could result in being automatically switched to a holdover rate (a variable rate), which is usually more expensive.

Unsure about your contract end date? Check your account online or call your provider.

Knowing this date allows you to explore new plans and secure better rates before it’s too late.

When is the Best Time to Renew Electricity Contracts?

The best time to renew or switch your electricity contract is typically up to 14 days before your current plan ends.

This window lets you lock in a new rate without any rush.

Keep in mind that electricity rates fluctuate based on demand.

Generally, rates are lower in spring and fall when demand is low, which is a great time to shop for new plans.

How to Compare Renewal Offers

The easiest way to get an accurate renewal offer is to use Live Link™, which connects directly to your actual electricity usage data.

This allows you to compare plans based on how much energy your household really consumes without any guesswork.

Digging through old bills or logging into your provider’s dashboard is unnecessary.

Live Link™ pulls your usage history directly, showing you side-by-side comparisons of how much you would pay with different plans.

If you prefer to estimate manually, you can still use tools like our electricity usage calculator (below), but for the most accurate and personalized comparison, Live Link™ is your best option.

Electricity Usage Calculator

Are you not ready to decide yet? Set a reminder here so you can revisit this page closer to your contract expiration and compare your options when you’re ready.

Why ComparePower?

ComparePower helps simplify the process of navigating the Texas electricity market.

On one platform, you can easily compare rates, contract lengths, and customer reviews from various providers.

This makes finding a plan that aligns with your usage and preferences much more manageable.

Flexible Plan Options

Whether you’re looking for a 12-month, 24-month, or no-contract electricity plan, we have plenty of options.

  • No-contract plans offer flexibility, letting you switch providers whenever you find a better deal.
  • 12-month plans offer stability in your energy costs for a full year.
  • 24-month plans provide long-term stability for those who prefer locking in rates for an extended period.

Making the Switch

Switching electricity providers is straightforward and hassle-free.

Once you choose a new plan, your new provider will handle the switch.

There’s no interruption in your service; you don’t need to contact your previous provider.

Ready to Take Control?

Don’t let your electricity contract renewal catch you off guard.

Start shopping for new plans as soon as you receive your renewal notice.

Whether you find a better deal or want to stay with your current provider, you’ll be in control of your energy costs.

Next Steps

  • Enter your zip code: Get rates tailored to your area.
  • Compare plans: Review detailed information on contract length, rates, and fees.
  • Pick your plan: Sign up online once you find the best option.
  • Start saving: Enjoy peace of mind knowing you’ve made the best decision for your home.

Ready to save time and money on your electricity bill?

Frequently Asked Questions

Texas has no single electricity provider known for the most competitive rates. In Texas, the price of your energy depends on how much energy you use each month. Shop electricity plans with your home’s annual usage profile to find a low rate and avoid gimmicks. Enter your home’s historical usage on ComparePower.com, and you’ll be on your way to savings in minutes.

In general, the cheapest times of the year for electricity are during the spring and fall months when there is less demand for electricity. Do not let your contract expire before switching providers. Doing so can be costly. ComparePower.com can help you find the best rate with your home’s annual usage profile. It is the best way to shop for electricity in Texas if saving time and money is essential.

Texans paid an average of 12.56 cents per kilowatt-hour in 2021. You can find rates on ComparePower that are much less than the Texas average when you shop with your home’s historical usage profile. The best way to shop energy plans and save money is by using your historical usage profile on ComparePower.com

In Texas, you have 14 days before your contract expiration date to shop the market and switch to a new provider without penalty.

Yes, ensure you’re within your 14-day grace period to avoid any early termination penalties. Then, enroll for electricity service with a new provider on ComparePower.com, and we’ll handle the break-up call for you.

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Any product or company names, marks, or logos shown on this page are the property of their respective owners. Compare Power is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Lower Your High Electricity Bill in Texas

Are you tired of sky-high electricity bills? We’ll help you cut costs and keep more money in your pocket.

For the past 15+ years, Texans have asked us for guidance on understanding their electricity bills and finding ways to save.

Along the way, we’ve gained valuable insights into the most common reasons behind high bills and the most effective strategies and tools for lowering them.

The Bottom Line: Slash high bills by identifying energy hogs, improving efficiency, and comparing rates to find a better plan. We make it easy to find the best rates and switch providers in just a few clicks. Take control of your electricity costs today.

See How Your Electricity Rate Compares to the Best Deals in Your Area

Are you curious how your current electricity rate stacks up against the competition?

We’ve made it incredibly simple to determine if you’re overpaying on your electricity bills and how much you could save by switching plans.

Compare Your Current Bill to Market Rates in 30 Seconds

  1. Locate your most recent electricity bill and find the following information:
    • Your total monthly charges
    • Your electricity rate (price per kWh)
    • Your monthly kWh usage
  2. Enter your zip code below for your area’s most competitive, up-to-date electricity rates.
  3. Compare the rates and total charges of the plans displayed to your current bill.
    • If the rates shown are lower than your current rate, you may be overpaying for electricity.
    • If the total charges for your usage are lower than your current bill, switching plans could save you money.

Sample Electricity Bill

Sample Electricity Bill
Sample bill showing the Average Rate, Monthly kWh Usage, and Total Monthly Charges

How It Works

It’s simple – enter the kWh usage from your bill for a straightforward comparison of your potential savings.

Lower high electricity bills in Texas
Lower high electricity bills in Texas

Take Control of Your Electricity Costs

By comparing your current bill to the most competitive rates in your area, you can confidently determine if switching plans could lower your monthly expenses.

Don’t leave money on the table – enter your zip code now and see how much you could save on your electricity bills.

Check Your Savings Potential

Please note: If you are currently under a contract with your electricity provider, switching plans before your contract expires may result in an early termination fee. Review your contract terms carefully before making any changes to your service.

Causes of High Electric Bills

You’re not alone if you’re shocked by a high electricity bill. Many Texans experience bill spikes, especially during extreme weather months.

There are two leading causes of high electricity bills:

Increased Usage Due to Weather

  • Your heating and cooling systems work harder to maintain a comfortable indoor temperature during the hottest and coldest months.
    • This increased usage can cause your energy consumption to surge by 20% or more compared to milder months, leading to higher bills.

Expired Contracts and Holdover Rates

  • Some fixed-rate electricity contracts have terms designed to expire during high-usage months.
  • If you don’t take action to renew or switch plans when your contract ends, your provider will automatically move you to a “holdover” variable rate plan.
  • These holdover rates can be significantly higher than fixed rates, often leading to bills that double overnight.

In addition to these two primary factors, several other issues can contribute to high electric bills:

  • Aging, inefficient appliances that consume more energy
  • Inadequate insulation and air leaks lead to energy waste
  • Lifestyle changes, such as spending more time at home or adding new energy-consuming devices
  • Inaccurate billing or meter issues
  • Wasteful habits, like leaving lights on or setting the thermostat too low
  • Lack of regular HVAC maintenance, causing systems to work less efficiently

Understanding the causes behind your high bill is the first step toward finding a solution.

You can take targeted actions to reduce energy consumption and lower your bills by identifying the main culprits.

We can help you find better rate plans tailored to your specific usage patterns, ensuring you’re not overpaying for electricity.

Enter your zip code below to compare rates and find the best plan for your needs.

Get Rates Near You

Strategies to Lower Your High Electric Bill

The causes behind most electricity bill spikes can be narrowed down to two key factors: increased usage and expired contracts.

Manage Your Usage During Extreme Weather Months

  • During the hottest and coldest months, increased usage of heating and cooling systems can cause energy costs to skyrocket, often more than 20% higher than in milder months.
  • Implement strategic tweaks to reduce your energy consumption:
    • Adjust your thermostat slightly higher in summer and lower in winter to trim 15% or more from your heating and cooling costs each billing cycle.
    • Use ceiling fans to circulate conditioned air more efficiently.
    • Close blinds and curtains during the hottest parts of the day in summer and open them to let in natural heat during winter.

Be Proactive About Contract Expirations

  • Some fixed-rate electricity contracts have terms designed to expire during high-usage months.
  • Suppose you don’t renew or switch plans when your contract ends. In that case, your provider will automatically move you to a “holdover” variable-rate plan, leading to unpredictable rate hikes and bills that double overnight.
  • Protect yourself against these price spikes by locking in a new fixed-rate contract before your term expires.

Compare Rates and Switch Providers

  • If your contract expires soon or has recently expired, enter your zip code below to see how much you can save based on the lowest rates available for your home.
  • Use ComparePower’s user-friendly platform to compare rates from multiple providers and switch to a more affordable plan that fits your usage patterns.

Implement Energy Efficiency Measures

  • Replace old appliances with ENERGY STAR-certified models to reduce energy consumption.
  • Improve your home’s insulation and seal air leaks to minimize energy waste.
  • To reduce lighting costs, switch to smart lighting solutions, such as LEDs, dimmers, and motion sensors.

Adopt Energy-Saving Habits

  • Turn off lights and electronics when not in use.
  • Use smart power strips to eliminate standby power consumption.
  • Maximize the use of natural light and ventilation when possible.
  • Use Smart Meter Texas to monitor your usage and adjust consumption.

Understanding the causes of high electric bills and implementing these strategies can significantly reduce your electricity costs regardless of the time of year.

Switch Electricity Providers in 5 Easy Steps

If you haven’t switched providers in a while or your contract has expired, switching to a new provider with a lower rate can be the quickest way to save on your electricity bill.

Follow these five simple steps to switch providers and potentially lower your electricity costs:

  1. Enter your zip code
  2. Review your usage history
  3. Compare available plans on ComparePower
  4. Select a new plan that best fits your needs
  5. Complete the switch online in just 5 minutes

Switching providers won’t cause any service interruptions.

Learn how in this 2-minute video ⤵️

Dmarc

Quick and helpful. I was paying too much for my electricity they cut my bill in half!

Dmarc

ComparePower: Your Trusted Electricity Ally

We make comparing rates and switching electricity providers easy, helping you save money on your bills. Our user-friendly platform simplifies the process.

Take control of your electricity costs today:

  • Determine your usage requirements
  • Compare rates and switch to a better plan
  • Implement energy-saving tips and strategies

We’re dedicated to providing straightforward answers, helpful resources, and genuine support to help you manage your electricity bills effectively.

Begin your savings journey with ComparePower today. Compare rates and switch providers in just minutes.

Compare Rates & Start Saving on Your Bills

Next: Shop with Your kWh Usage & Save

Comparing electricity rates based on your home’s specific kWh usage can help you save money on your Texas electricity bill.

Assistance Paying Your Electricity Bill

If you’re struggling to pay your electricity bill in Texas, help is available. Explore our comprehensive guide on assistance programs, including Senate Bill 1976, Lifeline, Link-Up, and the Weatherization Assistance Program.

Discover eligibility requirements, application processes, and valuable tips to secure the support you need. Don’t face your utility challenges alone – learn how to access these vital resources and regain control of your energy expenses.

High Electric Bill FAQs

Looking for more ways to lower your electricity bill? Check out these frequently asked questions.

How can I reduce my electric bill?

The most effective way to reduce your electricity bill is to find a plan that best matches your home’s usage profile. By entering your historical usage data, you can quickly find the ideal plan for your needs.

What is a typical electric bill in Texas?

According to the U.S. Energy Information Administration, the average retail price of residential electricity in Texas is 14.61 ¢/kWh. The typical Texan uses an average of 1,132 kWh per month; at 14.61 ¢/kWh, the average electric bill would be approximately $165.04.

ComparePower 57500 5-Star Ratings Reviews

Any product or company names, marks, or logos shown on this page are the property of their respective owners. Compare Power is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Same-Day Electricity Service

Do you need power in your Texas home today? Sign up for same-day service on the specified days before the cutoff time.

Requests after cutoff are typically processed the following business day.

Same-Day Electricity Providers

Here are the providers offering same-day electricity service and their cutoff times:

ProviderCutoffDaysPhone
4Change Energy4 pm Mon-Sat888-250-2215
Amigo Energy2 pmMon-Fri866-993-4445
Cirro Energy5 pm Mon-Sat866-965-5660
Constellation2 pmMon-Fri855-798-2889
Discount Power5 pmMon-Sat866-996-1740
Frontier Utilities2 pmMon-Sat866-280-3131
Gexa Energy2 pmMon-Sat888-688-8460
Green Mountain Energy 5 pmMon-Sat866-983-4770
Just Energy2 pmMon-Fri866-985-2820
New Power2 pmMon-Fri888-316-0697
Payless Power 6 pmMon-Sat855-854-8490
Pulse Power2 pmMon-Fri888-853-4522
Reliant5 pmMon-Sat866-983-4620
Tara Energy2 pmMon-Fri866-217-5179
TXU Energy6 pmMon-Sat866-370-2440
Flagship Power2 pmMon-Fri866-747-7111

Same-Day Electricity in Texas

With smart meters, same-day electricity is possible in Texas. Providers can remotely connect your power without sending a technician to your home.

How to Choose a Provider

Consider these factors when selecting a same-day electricity provider:

1. Rates
2. Terms of service
3. Additional fees
4. Deposit requirements

Use ComparePower to easily compare plans and sign up for services in one place.

Same-Day Electricity Rates

City500 kWh1000 kWh2000 kWh
Houston16.80¢11.60¢13.80¢
Dallas14.00¢12.30¢12.10¢
Arlington14.00¢12.30¢12.10¢
Corpus Christi15.70¢11.10¢12.90¢
Plano14.00¢12.30¢12.10¢
Laredo15.70¢11.10¢12.90¢
Garland14.00¢12.30¢12.10¢
Irving14.00¢12.30¢12.10¢
Katy16.80¢11.60¢13.80¢
Grand Prairie14.00¢12.30¢12.10¢

Why Texans Trust ComparePower

  • Transparent Pricing: No hidden fees or guesswork—just clear, all-inclusive rates.
  • 15+ Years Serving Texas: We’ve helped millions of fellow Texans save on their electricity
  • 5-Star Customer Service: With over 75,396 verified reviews, we’re known for our dedication to helping Texans save.
  • Fast, Secure Sign-Up: Find your ideal plan and enroll in minutes

Your Next Steps

Ready to find your perfect same-day electricity provider in Texas? You’re already in the right place.

Start comparing rates right here on ComparePower with your power to choose.

Make the smart choice today. Whether in Dallas, Houston, or other parts of Texas, we’re here to help you set up your same-day electric service without hassle.

Get Your Lights On Now

Same-Day Electricity FAQs

How fast can I get electricity service?

We can set up your electricity service to start the same day for most providers on our marketplace if you enroll before 2 pm. Requests placed after 2 pm are usually handled the next day, except on Sundays.

Is there a cutoff time for same-day electricity in Texas?

Many providers on the ComparePower marketplace can set up your electricity service on the same day if you enroll before 2 pm on weekdays. Some providers offer same-day connections until 6 pm on weekdays, and a few can provide service on Saturdays.

Is it possible to connect to electricity on a Saturday in Texas?

Some Texas electricity providers on the ComparePower marketplace offer this option if you need same-day electricity service on a Saturday.

What if I need electricity on a Sunday or a holiday in Texas?

Texas electricity companies do not provide connections on Sundays or major holidays, so plan if you’re moving. You can schedule service for your move-in up to 30 days in advance on ComparePower.