Bynum electricity rates and energy plans
If you’re a long-time resident, new to Bynum, own a business, or need no-deposit power, this thorough guide will help you determine your ideal energy plan in Bynum, Texas.
Time to read: about 7 min
Sections in this guide:
Click on a section below to navigate directly to it:
- Bynum Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Bynum (average kWh price chart)
- How to find the best energy plan in Bynum (know your usage!)
- Moving to Bynum: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Bynum (how to choose the best plan)
- Bynum Energy Companies
- No-Deposit Electricity Plans in Bynum
- Bynum Business Electricity Plans
- Bynum Utilities (and how to report a power outage)
Bynum Electricity Rates Table
You have the power to choose your home’s electric company in Bynum, Texas.
ComparePower is a free consumer service started in 2009 to assist residents of Bynum shopping for their lowest rate electricity plan.
These official rates are the same prices you’ll find calling the energy providers or visiting their websites.
Plans from several different energy providers are presented in a standardized format that makes evaluating alternatives simple and fast.
This assures Texas consumers avoid hidden fees and advertising gimmicks by comparing plans “apples-to-apples” without throwing away hours of time calling different energy providers or sorting through dozens of different web sites.
71 Bynum Electric Rates
These live rates for Oncor Electric Delivery service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Bynum
Energy in Bynum, Texas, is deregulated. As an energy customer, you have a choice when it comes to choosing a retail electricity provider (your electricity provider), which gives you control and power over your energy bills.
Deregulation of energy in the state de-monopolized the electricity market for the majority of Texas, the city of Bynum included, which introduced massive competition.
As a result, many excellent retail electricity providers compete for your business in Bynum by offering low-prices, making it a great time to shop, switch, and save costs on your power statement.
As many as 60-100 retail electricity providers compete for your account in Bynum and there are hundreds of plans to sort through.
Average Electricity Rates in Bynum, Texas
This chart is compiled using data from the U.S. Energy Information Administration (EIA.GOV).
The average price for electricity in Texas in 2017 was 11.4 cents per kilowatt-hour (kWh).
There are fixed-rate plans for Bynum residents on ComparePower with rates as low as $0.07
How to find the best energy plan in Bynum
#1 rule: Determine what your usage is!
Discovering how much electricity you will use in a month is the ideal way to shop for energy in Bynum. Why is this important?
The rate you see energy providers advertising is for an exact monthly usage (usually 2000 kWh).
Every plan has a different calculation for how your monthly bill is calculated, and your monthly bill will change according to how much power you use in a month.
Unless you match the exact advertised usage each month, you will end up paying an effective “price per kWh” different than the one you saw advertised when you signed up.
Thankfully, there’s a better way to shop for energy plan.
Calculating your expected monthly bill based on estimated monthly usage, then comparing options by total monthly cost, is the best way to shop for the lowest rate for your household.
Better still, if you have 12 months of usage history for your household, you can compare plans by total annual cost. This annualized method takes into account the changes in usage between summer and winter months and is the ideal way to discover the perfect electricity rate plan for your home.
ComparePower does all the complicated math for you in an instant. What could take you hours on a spreadsheet is now done in just seconds.
We put the power in your hands, taking what would amount to hours of investigation, spreadsheets, and computations across hundreds of offers and assist you step-by-step to the electricity rate 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 monthly bill.
We then help you in signing-up with your chosen energy company without leaving our service.
The bottom line is you should know your expected or historical usage before selecting the best electricity plan for your home.
If you don’t know your usage, estimate
If you are unable to acquire 12-months of historical usage, or you’re the owner of a brand new home, the next best thing is to estimate how much energy you will use in an average month.
While not as optimal as having all previous 12-months of usage, estimating your average usage is better than blindly picking the first plan you see advertised by an energy company at a specific usage that isn’t what you’ll consume.
Use ComparePower to shop for the best energy plan for your specific usage.
Moving to Bynum: Setting up Electricity
If this is your first time setting up electricity service in Bynum, 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 are unable to obtain historical usage information, a second option would be to estimate your future usage via utilizing our “Help Me Choose” tool. By simply entering your zip code the tool will be able to assess your home’s projected electricity consumption.
Sign-up for a plan instantly through ComparePower. We will remind you when its time to come back to switch and save at the end of the plan length you decide on.
Switching electricity companies in Bynum
Switching is good. Market conditions are always changing, so it is important to shop for a lower rate each year when your contract is close to expiring.
Your existing energy provider will typically raise your energy rate once your contract expires. If you fail to 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 providers.
Switching can save you hundreds or thousands of dollars each year on your electricity bill.
Switching is easy:
- You don’t have to contact your current provider to cancel (no “break-up call”)
- No one comes to your home
- There is no disruption in your electricity supply
- It takes just minutes
When you make the switch, your new electricity provider will handle everything for you including canceling service with your previous company.
Your lights stay on when you switch. Electricity in Bynum is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver power to your home do not change when you switch electricity providers. Therefore the reliability of your service is not affected.
You can choose any date within 14 days of your contract expiration date without an “early cancellation” penalty. That’s Texas Law.
If you’re still under contract, check how many months remain on your contract. You can set a future start date with most providers 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.
If you are unsure email us your latest energy bill and one of our team members will respond to you promptly with your best options.
If you’re ready to switch and would like to know how to find the best plan remember that understanding your usage is the best way to find the truly best 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.
Bynum Energy Companies
Are you trying to find an excellent electricity company in Bynum?
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 Bynum | Phone Number |
|---|---|
| 4Change Energy | 855-550-6663 |
| Champion Energy | 877-653-5090 |
| Direct Energy | 855-307-6915 |
| First Choice Power | 888-458-6877 |
| Green Mountain | 844-854-2257 |
| Reliant | 855-887-2194 |
| Frontier Utilities | 866-763-5084 |
| Cirro Energy | 844-417-7179 |
| Constellation | 855-798-2889 |
| Gexa Energy | 855-639-8210 |
| TXU Energy | 866-603-1533 |
| Payless Power | 855-854-8482 |
| Pulse Power | 855-652-1045 |
No-Deposit Electricity Plans in Bynum
If you need to find an energy plan in Bynum that requires no deposit, we can help.
If assessed a deposit on your first plan selection, ComparePower will automatically show you other plans available without a deposit.
Instead of calling around power companies or browsing through websites to determine if different electricity companies require a deposit, this will save you a whole lot of time and effort.
We will check the different plans for any deposit requirements immediately so you can get your power on and get back to your day.
Deposit Waivers
You may be eligible to have the deposit waived if you meet one of the following criteria.
A residential customer or applicant may be deemed as having established satisfactory credit if:
- The customer has been a customer of any REP or an electric utility within the two years prior to the request for electric service; is not delinquent in payment of any such electric service account, and during the last 12 consecutive months of service was not late in paying a bill more than once.
- The customer or applicant possesses a satisfactory credit rating obtained through a consumer reporting agency, as defined by the Federal Trade Commission.
- The customer or applicant is 65 years of age or older and the customer is not currently delinquent in payment of any electric service account.
- The customer or applicant has been determined to be a victim of family violence.
- The customer is medically indigent.
The requirements above are directly from the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
Note: For any of the situations above, you must first complete your order an energy plan on ComparePower before you can obtain a waiver for your deposit.
After you’ve placed your order, you will receive an email with instructions as well as contact information for your new energy company.
Important: You must send your waiver information by email, phone, fax or mail to your new energy company (not to ComparePower).
As soon as your energy company receives your documentation, they will let you know that they’ve sent a request for your energy service to begin.
Remember, your energy company will not start your electric service until you satisfy any deposit requirement (you pay or receive a waiver).
If you have any questions on deposit waivers, you can contact us. One of our team members will get back to you as soon as possible.
Bynum Business Electricity Plans
If you own a company in Bynum, you’ll find many other businesses also call Bynum home.
Bynum has become a thriving place for many small to midsized companies. The city is small enough to get to know people and thrive, yet close enough to large metropolitan cities that provide even more opportunity for growth.
To manage your energy bill, you need to shop rates from competing energy companies.
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 enroll your information on ComparePower and the providers will present their bids. You to choose the cheapest rate. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Bynum Utilities
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 Bynum, visit the Oncor website or call them at 1-800-242-9113.
Gas
For gas service in Bynum, call or visit Bynum official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Bynum, water, garbage, sewer, and recycling services are usually handled by the City of Bynum.
Other Utility service areas in Texas
Not in the Oncor 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.
View electricity prices for Zip Codes in Bynum, Texas
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular ZIP codes:
76631
View electricity prices for cities near Bynum, Texas
Are you looking for a cheap electricity rate in another city? Find your city below and click to sign up for a low-cost 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.
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