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Your insider’s guide to finding the best electricity rates and energy plans in Gatesville
If you’re a long-time resident, new to Gatesville, a business owner, or need no-deposit power, this insider’s guide will help you determine your best electricity plan in Gatesville.
Gatesville electricity rates
You have the power to choose your home’s energy provider in Gatesville.
ComparePower is a free consumer service established in 2009 to help residents of Gatesville search for their best electricity plan.
Plan information is presented in a user-friendly format that enables a quick and simple comparison of available plans and options.
Offers from several different energy providers are shown in a powerful layout that makes evaluating alternatives simple and fast.
This allows Texas consumers to avoid hidden markups and marketing gimmicks by comparing plans “apples-to-apples” without throwing away hours calling different energy companies or clicking through dozens of online sites.
65 Gatesville Electric Rates
These live rates for TEXAS-NEW MEXICO POWER COMPANY service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity price trends in Gatesville
Electricity in Gatesville is deregulated. As an energy customer, you can choose a retail electricity provider (your electricity provider), which gives you insight and command over your energy bills.
Deregulation of electricity in the state de-monopolized the electricity market for most of Texas, including the city of Gatesville, which introduced massive competition.
As a result, many excellent retail electricity providers compete for your business in Gatesville by offering low rates, making it a great time to shop, switch, and save costs on your electricity statement.
As many as 65+ energy companies compete for your business in Gatesville, with hundreds of plans to sort through.
Average electricity rates in Gatesville
Updated October 2023
The average residential electricity rate in Texas is 14.46 ¢/kWh, 8.77% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United States)
How to find the best energy plan in Gatesville
#1 rule: Determine what your usage is!
Determining how much electricity you will consume each month is the ideal way to find a deal on energy in Gatesville. Why is this so vital?
You see power providers advertising the “price per kWh” for an exact monthly usage (usually 1000 kWh).
Every plan has a different calculation for how your monthly statement is determined, and your monthly bill will be determined by how much electricity you consume 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 pick your energy company.
Calculating your total monthly bill based on expected monthly usage, then comparing options by the total monthly bill is the best way to shop for the lowest rate for your home.
Even better, if you have a year of usage history for your home, you can compare plans by total annual cost. This annualized method considers the changes in usage between the summer and winter months. It is the best way to determine your home’s ideal electricity rate plan.
ComparePower does all the complicated math for you instantly. What could take you hours on a spreadsheet is now done in a few seconds.
We put you in the driver’s seat, taking what would amount to hours of investigation, spreadsheets, and computations across hundreds of offers, and guide you step-by-step to the electricity plan that’s best for your home’s usage.
We clarify the details, disclosing the various charges, so you’ll know exactly where your money is going and what to anticipate on your bill.
We then help you sign up with your selected electricity company without ever leaving our service.
The bottom line is you should determine your expected or historical usage before choosing the best electricity plan for your home.
If you don’t know your usage, estimate
If you cannot 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 the 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 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 Gatesville: Setting up electricity
If this is your first time setting up electricity service in Gatesville, to get the best rate, you need to get the previous 12 months of energy usage for your new home.
Ask the previous homeowner to provide you with their past 12 months of usage.
This information is readily found in recent billing statements.
Acquiring usage for the past 12 months may take effort, 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 a 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 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 Gatesville
Switching is good. Market conditions are constantly in flux, so it is vital to shop for a lower price every year when your contract expires.
Your existing energy company will typically raise your electricity rate once your term expires. If you do not take action, you’ll be left on a month-to-month rate significantly higher than the plan you signed up for.
Before renewing your contract, check the rates of competing electricity companies.
Switching can save you hundreds or thousands of dollars yearly 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 electricity supply
- It takes just minutes
When you decide to switch, your new electricity provider will take care of everything for you, including canceling service with your previous provider.
Your lights stay on when you switch. Electricity in Gatesville 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 energy companies. Therefore the reliability of your service is not affected.
You can pick any date up to 14 days before your current contract’s end date without an “early termination” 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.
The amount saved each month by switching to a different electricity company may outweigh the one-time fee to get out of your contract early.
If you’re ready to switch and want to know how to find the best plan, remember that knowing your usage is the best way to find the lowest rate.
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:
Gatesville energy companies
Are you trying to find an excellent electricity company in Gatesville?
You can sign up for service with great companies such as TXU Energy, Reliant, Direct Energy, and more.
|Energy Companies in Gatesville||Phone Number|
|New Power Texas||888-316-0697|
No-deposit electricity plans in Gatesville
Need to find an energy plan in Gatesville that doesn’t require a deposit?
If assessed a deposit on your first plan selection, ComparePower will automatically show you other plans available without a deposit.
Instead of calling a bunch of electric providers or browsing through websites to determine if different electricity companies require a deposit, this will save you tremendous time and effort.
Working for you, we will instantly check any deposit requirements for other plans, allowing you to get power and return to your everyday activities stress-free.
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:
Gatesville business electricity plans
If you run a business in Gatesville, you’re in good company.
Gatesville has become a thriving place for many small to mid-sized companies. The town is small enough to get to know people and thrive, yet close enough to large metropolitan cities that provide even more growth opportunities.
To lower energy costs, you need to shop for rates from competing providers.
ComparePower bridges the gap between your business and energy providers by inviting various energy providers to compete for your business in a sealed bid process.
You submit your information on ComparePower, and the companies will present their bids. You get to pick the best 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 Gatesville, visit the Texas-New Mexico (TNMP) website or call them at 1-888-866-7456.
For gas service in Gatesville, call or visit Gatesville’s official city website to determine who your provider is.
In Gatesville, water, garbage, sewer, and recycling services are usually handled by the City of Gatesville.
Other utility service areas in Texas
Not in the Texas-New Mexico (TNMP) 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.
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View electricity prices for zip codes in Gatesville
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
View electricity prices for cities near Gatesville
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.
If your city is not on the list, use the zip code finder for a rate lower than what you currently pay 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.