Honey Grove electricity rates and energy plans
If you’re a long-time resident, new to Honey Grove, a business owner, or need no-deposit power, this thorough guide will help you discover your ideal power plan in Honey Grove, Texas.
Time to read: about 7 min
Sections in this guide:
Pick a section to navigate directly to it:
- Honey Grove Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Honey Grove (average kWh price chart)
- How to find the best energy plan in Honey Grove (know your usage!)
- Moving to Honey Grove: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Honey Grove (how to choose the best plan)
- Honey Grove Energy Companies
- No-Deposit Electricity Plans in Honey Grove
- Honey Grove Business Electricity Plans
- Honey Grove Utilities (and how to report a power outage)
Honey Grove Electricity Rates Table
You have the power to choose your home’s energy company in Honey Grove, Texas.
ComparePower is a free consumer service established in 2009 to help residents of Honey Grove searching 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 offer from a number of different electricity providers are outlined in a convenient grid that makes comparing your options simple and fast.
This assists Texas consumers avoid 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 different websites.
95 Honey Grove 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 Honey Grove
Energy in Honey Grove, Texas, is deregulated. As an energy customer, you have a choice when it comes to 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 the majority of Texas, the city of Honey Grove included, 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 and there are hundreds of plans to sort through.
Average Electricity Rates in Honey Grove, 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 Honey Grove residents on ComparePower with rates as low as $0.10
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 in each month.
Unless you match the exact advertised usage each month, you will end up paying an effective “price per kWh” different than what you observed when you enrolled.
Thankfully, there’s a better way to shop for 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 an entire year 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 summer and winter months and is the ideal way to determine the ideal 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 and charges, so you’ll know exactly where your money is going and what to anticipate on your monthly bill.
We then help you in signing-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 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 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 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.
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 Honey Grove
Switching is good. Market conditions are always in flux, so it is essential to shop for a lower rate each year when your contract is about to expire.
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 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 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 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 early of 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 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 understanding your usage is the best way to find the truly best rate.
You will want to find your historical usage for the past 12 months to determine the best plan with the lowest rate for your household.
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 service with great electricity providers such as TXU Energy, Reliant, Direct Energy and more.
To sign up, learn more, or view current rates, click on the company of your choosing.
|Energy Companies in Honey Grove||Phone Number|
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 find out if a deposit is needed.
We will review the other plans for any deposit requirements instantly so you can get your power on and get back to your day.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
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.
Honey Grove Business Power Plans
If you run a business in Honey Grove, you’ll find several other companies also have established themselves here.
Honey Grove is home to a significant number of small and large companies and is a great town to run a business.
To manage your energy bill, you need to 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 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 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, Texas
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
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View electricity prices for cities near Honey Grove, 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.
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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Don’t see your city or zip code? Enter your zip code below to search for your new low rate:
Don’t see your city or zip code? Enter your zip code below to search for your new low rate: