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Your insider’s guide to finding the best electricity rates and energy plans in Laredo
Are you a long-time resident, new in town, or do you own a business in Laredo? This guide will assist you in finding the perfect electricity plan to fit your circumstances.
Laredo Electricity Rates
As a Laredo resident, you can choose your electric service provider.
Since 2009, ComparePower has continuously served Laredo residents in acquiring the best energy plan for their circumstances.
These official rates are the same when contacting individual energy companies over the phone or via their websites.
ComparePower gives you a chart to compare all electric service provider rates throughout Laredo to choose which is best for your home or business.
This free service continuously assists Texas consumers in avoiding hidden charges and advertising gimmicks by providing an easy-to-use comparison tool. Many users enjoy not having to call several providers or jump from website to website.
43 Laredo Electric Rates
These live rates for AEP TEXAS CENTRAL COMPANY service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Instantly compare competing Laredo electricity companies
Instantly compare competing Laredo electricity companies
Electricity Price Trends in Laredo
You can choose an electric service provider because electricity is deregulated in Laredo. Deregulation breaks up monopolies that formerly arose in the retail electric provider industry.
Since the deregulation of the electricity supply in Texas, most of the state enjoys having various companies providing electric service.
The chief advantage of deregulation is open competition among electric service providers. Consumers benefit from this competition because cheaper rates become available.
Currently, there are over 100 electric service providers in Laredo. Each provider features dozens of electric plans and promotions.
Using ComparePower’s rate comparison tool, you can lower your energy bill today!
Average Electricity Rates in Laredo
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 Laredo
#1 Rule: Know your usage!
Are you looking for the best energy plan in Laredo? If so, try the following steps:
- Know your average usage by looking at your previous bills
- If you are at a new location, make an educated guess on your usage by considering the size of your home and your usage needs
Once you have a range of your usage in mind, you’ll be in the best position to shop for the best rate. Why?
Most service providers advertise their rates by kilowatt-hour (kWh). However, the kWh rate always corresponds to expected usage. You will likely pay a different rate if the expected usage is not met within a given month.
One prominent feature of the ComparePower tool is the “Help Me Choose” tool. It allows you to avoid rates that do not apply to your usage needs by only showing the rates that match your usage.
This tool has helped thousands of Laredo residents quickly find the rates they want. Of course, if you wish to look at all rates with the tool, you may.
A clearer understanding of your usage will empower you to make wiser decisions about your electricity rates.
Use ComparePower to find the best energy plan for your specific usage.
If you don’t know your usage, estimate
We understand that not every homeowner can determine their average monthly electricity usage. If this is the case, do your best to estimate what you think your usage might be.
Having an accurate number for your average monthly usage is always best, but an estimated number is better than not having any. Without an idea of your monthly usage, you may choose an electricity provider offering a plan for a specific usage you don’t consume.
Moving to Laredo: Setting up Electricity
Laredo rests on the Rio Grande and has beautiful country views. Washington’s Birthday Celebration, held during the latter part of January and most of February, attracts hundreds of thousands of tourists to Laredo.
Wildlife game abounds in South Texas, so Laredo is a popular destination for hunters and fishermen. Birders can spot the Great Kiskadee, White-tipped Dove, Green Jay, Scrub Jay, Red-billed Pigeon, Audubon’s Oriole, and possibly the White-Collared Seedeater in the region.
Other places you can explore or visit include:
- Lake Casa Blanca International Park is situated at 5102 Bob Bullock Loop. Activities include picnic areas, fishing, and camping
- The Republic of the Rio Grande Museum, located at 1005 Zaragoza St, Laredo
- Alamo Drafthouse, situated at 11210 East Point Dr., is part of a well-known movie theater/restaurant chain based in Austin.
If you are new to Laredo, this section will help you answer questions newcomers typically ask. Such questions include:
- What documentation is required to establish a new electrical service?
- What are your energy choices in Laredo?
- Why does your home’s size affect your rate?
- Why is it best to compare your energy costs based on monthly usage versus the advertised kilowatt per hour (kWh)?
Establishing Your Electrical Service
Most electric service providers will require some form of identification to validate who you are. Typically, the forms of ID that are acceptable include:
- Current state driver’s license/state ID card
- Military ID
- Social Security card
- Alien registration card
Your Laredo Home and Your Electric Rate
When you move to your new home, you will significantly benefit by acquiring a report of the previous year of energy usage.
Taking the time to acquire this information will make it much easier to get the best energy rate when you begin your search.
ComparePower tools do all the calculations necessary to identify the best electrical plan based on your home’s usage pattern.
Note: If you have difficulty locating the previous 12 months of usage, it is best to estimate your usage. The “Help Me Choose” option within the ComparePower tool will help you find the best rates when using an estimated usage.
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 Laredo
Switching is not a bad idea, especially when better rates are available. Since rates and promotions change continuously, it only makes sense to shop for lower rates occasionally.
Additionally, it is vital to understand that once your current electrical contract expires, the rate will increase if you do not enroll in a better one.
Before you renew, the best practice is to compare competing rates.
Switching is not complicated:
- It is not necessary to call your current electricity provider
- A home visit is not needed to make the switch
- You will not have a power disruption
- The switch is made in a few minutes
You do not need to contact your previous provider when you change service providers. The new provider will handle everything needed to transfer your service altogether.
You will never experience a loss of power during your transfer from one service provider to another. Every service provider uses the same wiring and electrical poles, so there is no change in reliability.
You can choose any date 14 days before your contract expiration without an “early termination penalty.” That’s Texas Law.
What can I do if I’m on a long-term contract?
You can set up a new plan to change providers even in a contract. Most providers allow you to do this 60 days before your contract ends.
In some cases, it may be that breaking a contract and switching to a new provider will still result in savings.
If you are wondering if you fall into this category and want to check, email CompareEnergy with your last energy bill. Representatives will contact you with the best options at your disposal.
Knowing your usage numbers will help you get the best price.
Remember, determining your annual usage is the best strategy to lower your energy rates.
You can get your annual usage from your current energy provider or check online with Smart Meter Texas.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Laredo Energy Companies
There are a lot of great energy companies to choose from in the Laredo area.
These include TXU Energy, Reliant, Direct Energy, and more.
|Energy Companies in Laredo
|New Power Texas
No-Deposit Electricity Plans in Laredo
Are you looking for an energy plan which doesn’t require a deposit? Have you contacted an energy provider asking you for a deposit before your service can begin?
ComparePower will help to locate plans that require no deposit.
By using our tool and selecting the option for “no-deposit” plans, you’ll see a list of providers offering $0 deposits.
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.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
Laredo Business Electricity Plans
If you have a business in Laredo, you will likely want the best energy consumption rate.
Laredo is home to many small and large businesses within various industries. The business interaction is strong and forms a healthy commercial sector in Laredo.
Well-known companies and organizations already feel at home in Laredo. Companies like IIVC Inc, Kongsberg Automotive, Foodtek, and Sunguard Sunscreens have a strong presence and support several smaller businesses.
ComparePower provides lower energy rates for businesses.
Most energy companies prefer not to sell directly to a business without a commercial energy broker.
What ComparePower bridges the gap between your business and the energy companies by bringing in several companies competing for your business in a sealed bid process.
You submit your information, and electric service providers will forward their bids. Afterward, you choose the best rate for your business.
As a business owner, we know you may not have time to shop around to find the best rates. Compare Power makes it easy.
Because energy at scale is our primary focus, we may be able to find you better rates than you can find on your own.
Also, we realize that many energy companies will not sell directly to a business without the help of a commercial energy broker.
With Compare Power, a commercial energy broker is not necessary. We invite companies to compete for your business in a sealed bid process.
All you have to do is submit your information, and we can begin bidding for you. Once this is done, all you have to do is select the best rate. The process is simple and easy.
Click here to get competing quotes for your business electricity.
As stated above in the guide, there are several electric service providers in Laredo. Many utilize smart meters to transfer service and remotely check energy consumption. For more information about smart meters or to download your electricity usage, visit Smart Meter Texas.
Power outages or downed power lines should be reported to AEP Texas Central at (877) 373-4858 or www.aeptexas.com.
For gas service in Laredo, call or visit CenterPoint Energy at (888) 876-5786 or http://www.centerpointenergy.com/en-us/.
Instructions about garbage pickup and recycling services can be found at the City of Laredo Solid Waste Services.
The City of Laredo Utilities Department cares for all water systems and sanitation services.
Customer Care: (956) 727-6402
Hours of operation: Monday – Friday, 8 am – 5 pm.
Other Utility Service Areas in Texas
AEP Texas Central supplies electricity to Laredo, Corpus Christi, Harlingen, McAllen, and Victoria. You may be covered by another Texas Distribution Utility (TDU) if you are not in these areas or right outside them.
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
View Electricity Prices for Cities Near Laredo
- 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
Laredo Electricity Rates FAQs
Who has the cheapest Laredo 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 Laredo 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.