Loraine electricity rates and energy plans
Whether a business owner, new resident, or long-time citizen of Loraine, use of this comprehensive guide will enable you to find your best solution for an electricity plan.
Time to read: about 7 min
Sections in this guide:
Pick a section below to navigate directly to it:
- Loraine Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Loraine (average kWh price chart)
- How to find the best energy plan in Loraine (know your usage!)
- Moving to Loraine: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Loraine (how to choose the best plan)
- Loraine Energy Companies
- No-Deposit Electricity Plans in Loraine
- Loraine Business Electricity Plans
- Loraine Utilities (and how to report a power outage)
Loraine Electricity Rates Table
As a resident or business owner within Loraine, you have the power to choose the electricity provider that best meets your specific needs.
ComparePower is a free consumer service started in 2009 to assist residents of Loraine shopping for their best electricity plan.
These official rates are the same prices you’ll find contacting the energy providers or visiting their websites.
Offers from several different energy providers are presented in a standardized format that makes comparing your options simple and quick.
This assists Texas consumers avoid hidden fees and advertising gimmicks by comparing plans “apples-to-apples” without consuming hours of time making phone calls or clicking around on dozens of different web sites.
87 Loraine 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 Loraine
Energy in Loraine, Texas, is deregulated. As a resident, you have a choice when it comes to picking a retail electricity provider (your energy provider), which gives you insight and control over your energy bills.
Deregulation of electricity in the state de-monopolized the energy market for the majority of Texas, the city of Loraine included, which introduced lots of competition.
As a result, many excellent energy providers compete for your business in Loraine by offering low-prices, making it a great time to shop, switch, and save money on your electricity statement.
As many as 65+ providers compete for your business in Loraine and there are hundreds of plans to sort through.
Average Electricity Rates in Loraine, 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 Loraine residents on ComparePower with rates as low as $0.10
How to find the best energy plan in Loraine
#1 rule: Usage is king!
Determining how much electricity you will use month-to-month is the best way to shop for energy in Loraine. Why should you care?
The rate you see energy providers advertising is for an exact monthly usage (usually 1000 kWh).
Every plan has a different equation for how your monthly bill is computed, and your monthly bill will change according to how much energy you consume in each month.
Unless you use exactly the advertised amount each month, you will end up paying an effective “price per kWh” different than what you observed when you ordered.
Fortunately, there’s a better way to pick your power company.
Calculating your total monthly bill based on estimated monthly usage, then comparing options by total monthly cost, is the best way to shop for the lowest rate for you.
Better still, if you have 12 months of usage history for your household, 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 discover the ideal energy rate plan for your home.
ComparePower does all this math for you instantly. What could take you hours on a spreadsheet is now done in just moments.
We put you in the driver’s seat, taking what would amount to hours of investigation, spreadsheets, and computations across hundreds of offers and guide you step-by-step to the energy plan that’s best for your household’s consumption.
We clarify the fine print, disclosing all fees and charges, so you’ll know precisely where your money is going and what to expect on your bill.
We then assist you in ordering your plan with your selected electricity company without leaving our website.
The take away here is you should know your expected or historical usage before choosing 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 company 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 Loraine: Setting up Electricity
If this is your first time setting up electricity service in Loraine, 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.
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 Loraine
Switching is good. Market conditions are always in flux, so it is important to shop for a lower price each year when your contract is close to expiring.
Your existing energy company will typically raise your electricity 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 check the rates of competing electricity providers.
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 decide to switch, your new energy provider will handle everything for you including canceling service with your previous company.
There is no loss of power when you switch. Electricity in Loraine 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 energy providers. Therefore the reliability of your service is not affected.
You can choose any date up to 14 days early of your current contract’s end date without an “early cancellation” 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 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 knowing your usage is the best way to find the truly best price.
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.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Loraine Energy Companies
Looking for a great electric company in Loraine?
You can sign up for service with great electricity providers such as TXU Energy, Reliant, Direct Energy and more.
Click on the company of your choice to view rates, learn more, or sign up.
|Energy Companies in Loraine||Phone Number|
No-Deposit Electricity Plans in Loraine
Need to find an energy plan in Loraine that doesn’t require a deposit?
If assessed 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 companies or browsing through websites to determine if different electricity companies need a deposit, this will save you a tremendous amount of time and effort.
We will check the different plans for any deposit requirements immediately so you can get your lights on and get return 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.
Loraine Business Energy Rates
If you run a company in Loraine, you’re not alone.
Loraine 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 lower your electricity costs, you need to shop prices 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 submit your information once and the providers will present their bids. You to pick the best 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 Loraine, visit the Oncor website or call them at 1-800-242-9113.
For gas service in Loraine, call or visit Loraine official city website to determine who your provider is.
In Loraine, water, garbage, sewer, and recycling services are usually handled by the City of Loraine.
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 Loraine, 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 Loraine, 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.
- Houston, TX
- Mission, TX
- Fort Worth, TX
- Dallas, TX
- Midland, TX
- Mcallen, TX
- Pearland, TX
- Corpus Christi, TX
- Big Spring, TX
- Alvin, TX
- Katy, TX
- Abilene, TX
- Sugar Land, TX
- Arlington, TX
- Missouri City, TX
- Laredo, TX
- Loraine, TX
- Richmond, TX
- Harlingen, TX
- Edinburg, TX
- Plano, TX
- Cypress, TX
- Killeen, TX
- Humble, TX
- Friendswood, TX
- Dickinson, TX
- Grand Prairie, TX
- Mesquite, TX
- Angleton, TX
- Tyler, TX
- Eagle Pass, TX
- Allen, TX
- Spring, TX
- Austin, TX
- Eden, TX
- Belton, TX
- Carrollton, TX
- Baytown, TX
- San Benito, TX
- Mansfield, TX
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: