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Your insider’s guide to finding the best electricity rates and energy plans in Albany
Whether a business owner, new resident or long-time citizen of Albany, use of this comprehensive guide will enable you to find your best solution for an electricity plan.
Albany electricity rates
You have the power to choose your household’s energy company in Albany, Texas.
ComparePower is a free consumer service started in 2009 to assist residents of Albany in shopping for their lowest rate energy plan.
These official rates are the identical prices you’ll find contacting the energy companies or visiting their websites.
Competing plans from a number of different energy companies are shown in a powerful grid that makes evaluating alternatives simple and fast.
This helps Texas energy customers avoid hidden fees and marketing gimmicks by comparing plans “apples-to-apples” without consuming hours of time making phone calls or clicking around on dozens of different websites.
63 Albany Electric Rates
These live rates for AEP TEXAS NORTH COMPANY service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity price trends in Albany
Energy in Albany is deregulated. As a resident, you have a choice when it comes to picking a retail electricity provider (your electricity company), which gives you insight and command over your energy bill.
Deregulation of electricity in the state de-monopolized the electricity market for the majority of Texas, the city of Albany included, which introduced massive competition.
As a result, many excellent energy providers compete for your business in Albany by offering low rates, making it a great time to compare, switch, and save costs on your electricity bill.
As many as 65+ retail electricity providers compete for your business in Albany and there are hundreds of plans to select from.
Average electricity rates in Albany
Updated October 2023
The average residential electricity rate in Texas is 14.01 ¢/kWh, 13.70% less than the U.S. average.
The average Texas business electricity rate is 9.85 ¢/kWh, 34.72% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United States)
How to find the best energy plan in Albany
#1 rule: Know your usage!
Determining how much energy you will consume in a month is the best way to find a deal on power in Albany. Why should you care?
The “price per kWh” you see electricity providers advertising is for an exact monthly usage (usually 1000 kWh).
Every plan has a different calculation for how your monthly statement is computed, and your monthly bill will change according to how much electricity you use in the month.
Unless you match the exact advertised usage each month, you will end up paying an effective “price per kWh” different than what you saw when you ordered.
Fortunately, there’s a better way to shop for an electricity company.
Calculating your total monthly bill based on estimated monthly usage, then comparing options by total monthly cost, is the best way to shop for the best rate for your household.
Better still, if you have 12 months of usage history for your home, you can compare plans by total annual cost. This annualized method takes into account the changes in usage between the summer and winter months and is the absolute best way to discover the right energy rate plan for your home.
ComparePower does all the complicated math for you in an instant. What takes hours on a spreadsheet is now solved in a few moments.
We put you in the driver’s seat, taking what would amount to hours of research, spreadsheets, and calculations across hundreds of plans and guide you step-by-step to the electricity plan that’s best for your home’s usage.
We clarify the fine print, disclosing the various charges and fees, so you’ll know precisely where your money is going and what to anticipate on your bill.
We then assist you in enrolling with your chosen energy company without leaving our service.
The takeaway here is you must know your expected or historical usage before selecting the right energy plan for your home.
If you don’t know your usage, estimate
If you recently purchased a home or business, or you cannot obtain 12-months of usage history, you can always estimate the average amount of energy that you will use in any given month.
Although knowing the previous 12-months of usage is optimum, it is far better to estimate the average energy consumption than to select the first electricity provider that you see advertised. After all, you have no idea how much energy you will use at that point.
Use ComparePower to find the best electricity plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Albany: Setting up electricity
If this is your first time setting up electricity service in Albany, to get the best rate you need to get the previous 12-months of energy usage for your new home.
Ask the previous home-owner to provide you with their past 12-months of usage.
This information is readily found in recent billing statements.
It may take some effort to acquire usage for the past 12-months, but the time (and savings) will be well worth it.
Once you have historical usage, ComparePower will do the math instantly to help you find the best plan for your home’s usage pattern.
Note: If you can’t obtain usage history, you can estimate your monthly usage instead. Utilize our “Help Me Choose” tool when you enter your zip code below and we’ll help you evaluate your home’s usage.
By signing up for a plan through ComparePower you will receive automated reminders when it’s time to renew your existing plan or to possibly switch plans.
Ready to get started? Enter your zip code below, and we'll guide you to the best energy plan for your new home.
Switching electricity companies in Albany
Switching is good. Market conditions are always changing, so it is important to shop for a lower price every year when your contract is close to expiring.
Your existing energy company will typically raise your energy rate once your term expires. If you do not take action, you’ll be left on a month-to-month rate that is significantly higher than the plan you signed up.
Before renewing your contract make sure to check the rates of competing electricity companies.
Switching can save you hundreds or thousands of dollars each year on your electricity bill.
Switching is easy:
- You don’t have to call your current provider to cancel (no “break-up call”)
- No one comes to your home
- There is no disruption in your power supply
- It takes just minutes
When you make the switch, your new energy company will handle everything for you including canceling service with your previous company.
Your lights stay on when you switch. Electricity in Albany is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver electricity to your home do not change when you switch energy providers. Therefore the reliability of your service is not affected.
You can choose any date up to 14 days early of your current contract’s end date without an “early cancellation” fee. Texas law protects you here.
If you’re still under contract, find out how many months remain on your contract. You can set a future start date with most companies up to 6o days in advance.
And even if you’re well inside your contract, savings achieved on your monthly bill by switching providers may outweigh the fee to break your existing contract.
For help with this, you can send us your latest energy bill via email, and one of our professional team members will contact you shortly to discuss your best options.
If you’re ready to switch and would like to know how to find the best plan remember that knowing your usage is the best way to find the truly lowest price.
Keep in mind that when you get ready to switch, and you want to know the most efficient way to find the right plan at the best rate, it is essential that you first understand your usage. To accomplish that, you will need to collect the usage history for the past 12 months.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Albany energy companies
Looking for a great electric company in Albany?
You can sign up for service with great electricity providers such as TXU Energy, Reliant, Direct Energy, and more.
Click on the company of your choice to view rates, learn more, or sign up.
|Energy Companies in Albany||Phone Number|
|New Power Texas||888-316-0697|
No-deposit electricity plans in Albany
If you need to find an energy plan in Albany that requires no deposit, we can help.
If your first selection of plans charges a deposit, ComparePower will automatically show you additional plans that require no money down.
Instead of calling around electric companies or browsing through websites to determine if different electricity companies require a deposit, this will save you a ton of time and effort.
We will check the other plans for any deposit requirements immediately so you can get your power on and get back to your day.
Learn how to get no deposit lights.
You may be eligible to have the deposit waived if you meet one of the requirements from the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
If you have any questions about deposit waivers, you can contact us. One of our team members will get back to you as soon as possible.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
Albany business electricity rates
If you own a business in Albany, you’re in good company.
Albany is home to a significant number of small and large companies and is a great place to run a company.
To manage your electricity bill, you need to compare prices from competing providers.
ComparePower bridges the gap between your business and energy companies by inviting various energy providers to compete for your business in a sealed bid process.
You submit your information once and the companies will present their bids. You to choose the cheapest rate. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
To learn more about Smart Meters, or to download your Electricity Usage, visit Smart Meter Texas.
To report an issue with your electricity service or power outages in Albany, visit the AEP North website or call them at 1-877-373-4858.
For gas service in Albany, call or visit Albany’s official city website to determine who your provider is.
In Albany, water, garbage, sewer, and recycling services are usually handled by the City of Albany.
Other utility service areas in Texas
Not in the AEP North Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View electricity prices for zip codes in Albany
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular ZIP codes:
View electricity prices for cities near Albany
Are you searching for a lower electricity rate in a different city? If so, you can find the location below and then click to sign up for a more affordable electricity plan.
Don’t see your city on the list? Use the zip code finder to search for your new low rate in your city.
- Houston, TX
- Dallas, TX
- Fort Worth, TX
- Arlington, TX
- Katy, TX
- Corpus Christi, TX
- Spring, TX
- Plano, TX
- Irving, TX
- Laredo, TX
- Midland, TX
- Odessa, TX
- Tyler, TX
- Richmond, TX
- Cypress, TX
- Grand Prairie, TX
- Humble, TX
- Round Rock, TX
- Waco, TX
- Killeen, TX
- Sugar Land, TX
- Abilene, TX
- Pearland, TX
- Mcallen, TX
- Mesquite, TX
- Pasadena, TX
- Richardson, TX
- Baytown, TX
- Carrollton, TX
- Wichita Falls, TX
- San Angelo, TX
- Lewisville, TX
- Missouri City, TX
- Mission, TX
- Temple, TX
- League City, TX
- Mckinney, TX
- Galveston, TX
- Pflugerville, TX
- Harlingen, TX
Support You Can Count On
Questions? Our local experts can help you navigate options and find the best electricity plan. Reach out to us.