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Your insider’s guide to finding the best electricity rates and energy plans in Jermyn
Whether a business owner, new resident or long-time citizen of Jermyn, this comprehensive guide will enable you to find your best solution for an electricity plan.
Jermyn Electricity Rates
As a resident or business owner within Jermyn, 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 help residents of Jermyn shop for their best energy plan.
Plan information is presented in a user-friendly format that enables quick and simple comparison of available plans and options.
Plans from many different energy providers are shown in a powerful layout that makes evaluating alternatives simple and quick.
This assists Texas energy customers in avoiding hidden charges and advertising gimmicks by comparing plans “apples-to-apples” without throwing away hours and hours making phone calls or clicking around on dozens of different online sites.
59 Jermyn 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 Jermyn
Electricity in Jermyn has been deregulated. As a resident, you can choose a retail electricity provider (your electricity company), which gives you flexibility and power over your energy bills.
Deregulation of energy in Texas de-monopolized the energy market for most of the state, the city of Jermyn included, which introduced massive competition.
As a result, many fantastic retail electricity providers compete for your business in Jermyn by offering low rates, making it a great time to compare, switch, and save money on your power statement.
As many as 65+ energy companies compete for your account in Jermyn, and hundreds of plans exist.
Average Electricity Rates in Jermyn
Updated February 2024
The average residential electricity rate in Texas is 14.61 ¢/kWh, 9% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United States)
How to find the best energy plan in Jermyn
#1 rule: Know your usage!
Knowing how much electricity you will consume monthly is the ideal way to find a deal on energy in Jermyn. Why is this so vital?
You see energy providers advertising the “price per kWh” for an exact monthly usage (typically 2000 kWh).
Every plan has a different equation for how your monthly bill is calculated, and your monthly bill will vary depending on how much energy you use each 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 plan.
Calculating your expected monthly bill based on estimated monthly usage, then comparing rates 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 household, 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 best way to find the perfect electricity rate plan for your home.
ComparePower does all the complicated math for you instantly. What takes hours on a spreadsheet is now solved in a few moments.
We put the power in your hands, taking what would amount to hours of research, spreadsheets, and computations across hundreds of plans and navigating you step-by-step to the electricity rate plan that’s best for your home’s consumption.
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 company without ever having to leave our service.
The bottom line is you should know your expected or historical usage before choosing the right 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.
Although knowing the previous 12 months of usage is optimum, it is far better to estimate the average energy consumption than to select the first electricity provider that you see advertised. After all, you have no idea how much energy you will use at that point.
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 Jermyn: Setting up Electricity
If this is your first time setting up electricity service in Jermyn, 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.
Sign-up for a plan instantly through ComparePower. We will remind you when it’s time to come back to switch and save at the end of the plan length you decide on.
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 Jermyn
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 electricity company will normally raise your energy 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, shop the rates of competing energy 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 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
When you decide to switch, your new electricity provider will take care of everything for you, including terminating service with your previous company.
There is no loss of power when you switch. Electricity in Jermyn 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 up to 14 days before your current contract’s end date without an “early termination” penalty. 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.
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 understanding your usage is the best way to find the best rate.
You will want to find your past 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:
Jermyn Energy Companies
Looking for a great electric company in Jermyn?
You can sign up for service with great companies such as TXU Energy, Reliant, Direct Energy, and more.
To sign up, learn more, or view current rates, click on your chosen company.
|Energy Companies in Jermyn
|New Power Texas
No-Deposit Electricity Plans in Jermyn
If you need to find an energy plan in Jermyn that requires no deposit, we can help.
If you are charged a deposit on your first plan selection, ComparePower will automatically show you other plans available without a deposit.
Instead of calling all sorts of energy providers or browsing through websites to determine if different electricity companies need 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 waive the deposit if you meet one of 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:
Jermyn Business Energy Plans
If you manage a business in Jermyn, you’re not alone.
Jermyn is home to many small and large companies and is a great town to run a company.
You need to shop for rates from competing energy companies to manage your energy bill.
ComparePower bridges the gap between your business and energy providers by inviting various energy companies to compete for your business in a sealed bid process.
You enroll your information on ComparePower, and the providers will present their bids. You choose the lowest price. 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 Jermyn, visit the Texas-New Mexico (TNMP) website or call them at 1-888-866-7456.
For gas service in Jermyn, call or visit Jermyn’s official city website to determine who your provider is.
In Jermyn, water, garbage, sewer, and recycling services are usually handled by the City of Jermyn.
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.
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View electricity prices for zip codes in Jermyn
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 Jermyn
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.
- Houston, TX
- Dallas, TX
- Fort Worth, TX
- Spring, TX
- Richmond, TX
- Cypress, TX
- Humble, TX
- Midland, TX
- Plano, TX
- Round Rock, TX
- Pearland, TX
- Katy, TX
- Katy, TX
- Pflugerville, TX
- Mesquite, TX
- Laredo, TX
- Killeen, TX
- Carrollton, TX
- Odessa, TX
- Irving, TX
- Grand Prairie, TX
- Katy, TX
- League City, TX
- Mansfield, TX
- Missouri City, TX
- Mission, TX
- Sugar Land, TX
- Mcallen, TX
- Tomball, TX
- Temple, TX
- Baytown, TX
- Waxahachie, TX
- Lewisville, TX
- Rosharon, TX
- Katy, TX
- Hutto, TX
- Tyler, TX
- Grapevine, TX
- Magnolia, TX
- Harlingen, TX
Jermyn electricity rates FAQs
Who has the cheapest Jermyn Electricity Rates?
There are over 60 electricity providers with hundreds of energy plans. When shopping for the cheapest rate, take your home’s kilowatt-hour usage into account. The best way to find the best rate for your home is to compare energy plans according to your usage. Find the right energy plan for your kWh usage with ComparePower.
How do I find the best Jermyn Electricity Rates?
Picking the wrong energy plan without knowing your home’s energy usage can cost you hundreds or thousands of dollars. Compare energy plans and electricity rates with your home’s electricity usage profile to find your best rate. Shop with your usage on ComparePower and save both time and money.
Support You Can Count On
Questions? Our local experts can help you navigate options and find the best electricity plan. Reach out to us.