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Your insider’s guide to finding the best electricity rates and energy plans in Kermit
Whether you are a business owner, new resident, or long-time citizen of Kermit, this comprehensive guide will enable you to find your best solution for an electricity plan.
Kermit Electricity Rates
As a resident or business owner within Kermit, you can choose the electricity provider that best meets your specific needs.
ComparePower is a free consumer service started in 2009 to help residents of Kermit search for their lowest-rate energy plan.
Plan information is presented in a user-friendly format that enables quick and simple comparison of available plans and options.
Competing plans from several different energy providers are outlined in a convenient grid that makes comparing your options simple and fast.
This allows Texas consumers to avoid hidden fees and marketing gimmicks by comparing plans “apples-to-apples” without wasting hours making phone calls or sorting through dozens of online sites.
60 Kermit 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 Kermit
Electricity in Kermit is deregulated. As a resident, you can choose a retail electricity provider (your energy provider), which gives you insight and command over your energy bills.
Deregulation of energy in the state de-monopolized the electricity market for most of Texas, the city of Kermit included, introducing massive competition.
As a result, many excellent power providers compete for your business in Kermit by offering low rates, making it a great time to compare, switch, and save money on your electricity bill.
As many as 60-100 retail electricity providers compete for your business in Kermit, with hundreds of plans to sort through.
Average Electricity Rates in Kermit
Updated September 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 Kermit
#1 rule: Usage is key!
Determining how much energy you will consume in a month is the ideal way to shop for energy in Kermit. Why is this important?
The rate you see electricity providers advertising is for an exact monthly usage (typically 2000 kWh).
Every plan has a different calculation for how your monthly statement is determined, and your monthly bill will change according to how much power 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 what you observed when you enrolled.
Thankfully, there’s a better way to shop for electricity rates.
Calculating your expected monthly bill based on expected monthly usage, then comparing plans by the total monthly bill is the best way to shop for the lowest rate for your household.
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 discover the perfect electricity rate plan for your home.
ComparePower does all the complicated math for you in an instant. What takes hours inside 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 calculations across hundreds of plans and navigating you step-by-step to the energy plan that’s best for your household’s consumption.
We clarify the details, disclosing all fees, so you’ll know exactly where your money is going and what to expect on your monthly bill.
We then assist you in signing up with your chosen energy provider without leaving our service.
The bottom line is you must determine your expected or historical usage before ordering the right electricity plan for your home.
If you don’t know your usage, estimate
Suppose you recently purchased a home or business or cannot obtain 12 months of usage history. In that case, you can always estimate the average energy you will use in any given 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 provider at a specific usage that isn’t what you’ll consume.
Use ComparePower to find the best energy plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Kermit: Setting up Electricity
If this is your first time setting up electricity service in Kermit, 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 can 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 Kermit
Switching is good. Market conditions are always changing, so it is important to shop for a lower rate each year when your contract is about to expire.
Your existing electricity company will typically 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 more than the plan you signed up for.
Before renewing your contract, shop the rates of competing energy providers.
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 electricity supply
- It takes just minutes
When you make the switch, your new energy company will handle everything for you, including canceling service with your previous company.
There is no loss of power when you switch. Electricity in Kermit 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 electricity companies. Therefore the reliability of your service is not affected.
You can choose any date within 14 days of your contract expiration date without an “early termination” penalty. That’s Texas Law.
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.
And even if you’re well inside your contract, savings achieved on your monthly bill by switching companies may outweigh the fee to break your existing contract.
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 best price.
You will want to gather 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:
Kermit Energy Companies
Looking for a great electric company in Kermit?
You can enroll 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 Kermit||Phone Number|
|New Power Texas||888-316-0697|
No-Deposit Electricity Plans in Kermit
If you need to find an energy plan in Kermit 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.
Instead of calling a bunch of energy companies 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 review any deposit requirements for other plans, allowing you to get power and return to your regular 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:
Kermit Business Energy Rates
If you own a business in Kermit, you’re not alone.
Kermit is home to many small and large companies and is a great town to run a business.
To lower your electricity costs, you need to shop for rates from competing energy companies.
ComparePower bridges the gap between your business and energy companies by inviting various energy companies to compete for your business in a sealed bid process.
You enroll your information once, and the providers will present their bids. You choose the cheapest 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 Kermit, visit the Texas-New Mexico (TNMP) website or call them at 1-888-866-7456.
For gas service in Kermit, call or visit Kermit’s official city website to determine who your provider is.
In Kermit, water, garbage, sewer, and recycling services are usually handled by the City of Kermit.
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 Kermit
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 Kermit
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
Kermit Electricity Rates FAQs
Who has the cheapest Kermit 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 Kermit 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.