Indian Lake electricity rates and energy plans
If you’re a long-time resident, new to Indian Lake, a business owner, or need no-deposit power, this thorough guide will help you discover your best energy plan in Indian Lake, Texas.
Time to read: about 7 min
Sections in this guide:
Pick a section below to jump directly to it:
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- Indian Lake Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Indian Lake (average kWh price chart)
- How to find the best energy plan in Indian Lake (know your usage!)
- Moving to Indian Lake: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Indian Lake (how to choose the best plan)
- Indian Lake Energy Companies
- No-Deposit Electricity Plans in Indian Lake
- Indian Lake Business Electricity Plans
- Indian Lake Utilities (and how to report a power outage)
Indian Lake Electricity Rates Table
As a resident or business owner within Indian Lake, you have the power to choose the electricity provider that best meets your specific needs.
ComparePower is a free consumer service established in 2009 to assist residents of Indian Lake searching for their lowest rate electricity plan.
These official rates are the same rates you’ll find contacting the electricity companies or visiting them online.
Competing plans from many different energy companies are displayed in a convenient format that makes comparing your options simple and quick.
This assists Texas energy customers avoid hidden fees and advertising gimmicks by comparing plans “apples-to-apples” without spending hours and hours making phone calls or sorting through hundreds of different web sites.
77 Indian Lake Electric Rates
These live rates for AEP Central service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Indian Lake
Energy in Indian Lake, Texas, is deregulated. As a consumer of energy, you have a choice when it comes to selecting a retail electricity provider (your energy provider), which gives you insight and control over your energy bills.
Deregulation of electricity in Texas de-monopolized the electricity market for the majority of the state, the city of Indian Lake included, which introduced lots of competition.
As a result, many fantastic power providers compete for your business in Indian Lake by offering low-rates, making it a great time to shop, switch, and save money on your energy bill.
As many as 65+ providers compete for your business in Indian Lake and there are hundreds of plans to sort through.
Average Electricity Rates in Indian Lake, 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 Indian Lake residents on ComparePower with rates as low as $0.08
How to find the best energy plan in Indian Lake
#1 rule: Usage is key!
Knowing the amount of electricity you will consume each month is the best way to find a deal on energy in Indian Lake. Why does this matter?
The “price per kWh” you see power companies advertising is for an exact monthly usage (typically 2000 kWh).
Every plan has a different equation for how your monthly statement is calculated, and your monthly bill will change according to how much electricity 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 power rate.
Calculating your total monthly bill based on anticipate monthly usage, then comparing rates by total monthly bill, is the best way to shop for the lowest rate for your home.
Better still, 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 right electricity plan for your home.
ComparePower does all the complicated math for you instantly. What takes hours on a spreadsheet is now solved in just 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 navigate you step-by-step to the electricity plan that’s best for your home’s usage.
We clarify the details, disclosing all fees and charges, so you’ll know exactly where your money is going and what to expect on your bill.
We then help you in enrolling with your chosen power company without leaving our service.
The take away here is you should determine your expected or historical usage before ordering the best electricity 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.
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 provider at a specific usage that isn’t what you’ll consume.
Use ComparePower to find the best energy plan for your specific usage.
Moving to Indian Lake: Setting up Electricity
If this is your first time setting up electricity service in Indian Lake, 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.
Switching electricity companies in Indian Lake
Switching is good. Market conditions are always changing, so it is essential to shop for a lower price every year when your contract is close to expiring.
Your existing energy provider will typically raise your energy rate once your term expires. If you fail to take action, you’ll be left on a month-to-month rate that is significantly more than the plan you signed up.
Before renewing your contract make sure to shop the rates of competing electricity providers.
Switching can save you hundreds or thousands of dollars each year on your electricity bill.
Switching is easy:
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- You don’t have to call your current company to cancel (no “break-up call”)
- No one comes to your home
- There is no disruption in your power supply
- It takes just minutes
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When you decide to switch, your new electricity provider will handle everything for you including canceling service with your previous company.
There is no loss of power when you switch. Electricity in Indian Lake 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 companies. Therefore the reliability of your service is not affected.
You can pick any date within 14 days of your contract expiration date without an “early termination” penalty. 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 providers 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 are unsure email us your latest energy bill and one of our team members will get back 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 knowing your usage is the best way to find the truly 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.
Indian Lake Energy Companies
Looking for a great electric company in Indian Lake?
You can enroll for service with great companies such as TXU Energy, Reliant, Direct Energy and more.
Click on the provider of your choice to view rates, learn more, or sign up.
| Energy Companies in Indian Lake | 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 |
| Discount Power | 855-236-1309 |
| 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 Indian Lake
If you need to find an energy plan in Indian Lake that requires no deposit, we can help.
If your first selection of plans mandates 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 surfing the internet and calling electricity companies to determine if a deposit is going to be required.
Working for you, we will instantly review any deposit obligations for other plans, allowing you to get power and return to your every-day activities stress-free.
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:
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- 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.
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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.
Indian Lake Business Electricity Rates
If you run a business in Indian Lake, you’ll discover several other companies also have established themselves here.
Indian Lake 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 electricity bill, you need to shop rates 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 on ComparePower and the providers will present their bids. You to choose the cheapest price. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Indian Lake 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 Indian Lake, visit the AEP Central website or call them at 1-877-373-4858.
Gas
For gas service in Indian Lake, call or visit Indian Lake official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Indian Lake, water, garbage, sewer, and recycling services are usually handled by the City of Indian Lake.
Other Utility service areas in Texas
Not in the AEP Central 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 Indian Lake, Texas
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 Indian Lake, Texas
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.
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