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Your insider’s guide to finding the best electricity rates and energy plans in Honey Grove
If you’re a long-time resident, new to Honey Grove, a business owner, or need no-deposit power, this guide will help you discover your ideal power plan in Honey Grove.
Honey Grove electricity rates
You have the power to choose your home’s energy company in Honey Grove.
ComparePower is a free consumer service established in 2009 to help residents of Honey Grove search for their lowest-rate electricity plan.
These official rates are the same rates you’ll find calling the electricity providers or visiting their websites.
Competing offers from many electricity providers are outlined in a convenient grid that makes comparing your options simple and fast.
This assists Texas consumers in avoiding hidden charges and marketing gimmicks by comparing plans “apples-to-apples” without wasting hours and hours calling different energy providers or sorting through dozens of other websites.
59 Honey Grove Electric Rates
These live rates for ONCOR ELECTRIC DELIVERY COMPANY service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity price trends in Honey Grove
Energy in Honey Grove is deregulated. As an energy customer, you have a choice when picking a retail electricity provider (your energy provider), which gives you control and power over your energy bill.
Deregulation of electricity in the state de-monopolized the energy market for most of Texas, including the city of Honey Grove, which introduced lots of competition.
As a result, many excellent power companies compete for your business in Honey Grove by offering low prices, making it a great time to shop, switch, and save costs on your energy bill.
As many as 60-100 energy companies compete for your business in Honey Grove, with hundreds of plans to sort through.
Average electricity rates in Honey Grove
Updated June 2023
The average residential electricity rate in Texas is 14.46 ¢/kWh, 8.78% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United States)
How to find the best energy plan in Honey Grove
#1 rule: Usage is king!
Determining how much electricity you will consume in a month is the best way to find a deal on energy in Honey Grove. Why does this matter?
The “price per kWh” you see electricity providers advertising is for an exact monthly usage (usually 2000 kWh).
Every plan has a different calculation for how your monthly bill is computed, and your monthly bill will vary depending on how much electricity you use each month.
Unless you match the advertised usage each month, you will end up paying a “price per kWh” different than what you observed when you enrolled.
Thankfully, there’s a better way to shop for an electricity company.
Calculating your total monthly bill based on estimated monthly usage, then comparing plans by total monthly cost is the best way to shop for the lowest rate for you.
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 and is the ideal way to determine the perfect energy plan for your home.
ComparePower does all the complicated math for you in an instant. What takes hours on a spreadsheet is now done in just seconds.
We put you in the driver’s seat, taking what would amount to hours of research, spreadsheets, and computations across hundreds of offers, and navigate you step-by-step to the electricity rate plan that’s best for your household’s usage.
We clarify the fine print, disclosing all fees, so you’ll know exactly where your money is going and what to anticipate on your monthly bill.
We then help you sign up with your selected electricity provider without leaving our service.
The bottom line is you should know your expected or historical usage before choosing the best energy 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 choosing the first plan you see advertised by an electricity company at a specific usage that isn’t what you’ll consume.
Use ComparePower to shop for 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 Honey Grove: Setting up electricity
If this is your first time setting up electricity service in Honey Grove, 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 cannot obtain historical usage information, a second option would be to estimate your future usage using our “Help Me Choose” tool. By simply entering your zip code, the tool will be able to assess your home’s projected electricity consumption.
By signing up for a plan through ComparePower, you will receive automated reminders when renewing your existing plan or possibly switching 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 Honey Grove
Switching is good. Market conditions are constantly in flux, so it is essential to shop for a lower rate each year when your contract expires.
Your existing energy provider will typically raise your energy rate once your contract 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 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 switch, your new energy provider will take care of everything for you, including terminating service with your previous company.
Your lights stay on when you switch. Electricity in Honey Grove 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 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, 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 of breaking your existing contract.
If you’re ready to switch and want to know how to find the best plan, remember that understanding your usage is the best way to find the best rate.
You will want to find your historical usage for the past 12 months to determine your household’s best plan with the lowest rate.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Honey Grove energy companies
Looking for a great electric company in Honey Grove?
You can enroll for services with great electricity providers such as TXU Energy, Reliant, Direct Energy, and more.
|Energy Companies in Honey Grove||Phone Number|
|New Power Texas||888-316-0697|
No-deposit electricity plans in Honey Grove
If you need to find an energy plan in Honey Grove 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.
That saves you a lot of time and hassle. No more clicking around and calling electricity companies to determine if a deposit is needed.
We will review the other plans for any deposit requirements instantly so you can get your power on and return 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:
Honey Grove business power plans
If you run a business in Honey Grove, several other companies have also established themselves here.
Honey Grove is home to many small and large companies and is a great town to run a business.
To manage your energy bill, compare 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 enroll your information on ComparePower, and the providers 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.
Honey Grove utilities
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 Honey Grove, visit the Oncor website or call them at 1-800-242-9113.
For gas service in Honey Grove, call or visit Honey Grove’s official city website to determine who your provider is.
In Honey Grove, water, garbage, sewer, and recycling services are usually handled by the City of Honey Grove.
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.
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View electricity prices for zip codes in Honey Grove
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 Honey Grove
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.
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
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