Lorena electricity rates and energy plans
If you’re a long-time resident, a new mover, own a business, or need no-deposit power, this complete guide will help you discover your perfect power plan in Lorena, Texas.
Time to read: about 7 min
Sections in this guide:
Click on a section to skip directly to it:
- Lorena Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Lorena (average kWh price chart)
- How to find the best energy plan in Lorena (know your usage!)
- Moving to Lorena: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Lorena (how to choose the best plan)
- Lorena Energy Companies
- No-Deposit Electricity Plans in Lorena
- Lorena Business Electricity Plans
- Lorena Utilities (and how to report a power outage)
Lorena Electricity Rates Table
You have the power to choose your home’s electric provider in Lorena, Texas.
ComparePower is a free consumer service started in 2009 to help residents of Lorena shopping for their best energy plan.
These official rates are the identical prices you’ll find calling the energy providers or visiting their websites.
Offers from many different electricity providers are shown in a convenient grid that makes evaluating alternatives simple and fast.
This allows Texas consumers avoid hidden charges and advertising gimmicks by comparing plans “apples-to-apples” without wasting hours of time making phone calls or clicking through dozens of different online sites.
97 Lorena 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 Lorena
Electricity in Lorena, Texas, is deregulated. As a resident, you have a choice when it comes to picking a retail electricity provider (your electricity provider), which gives you flexibility and power over your energy bill.
Deregulation of electricity in the state de-monopolized the electricity market for the majority of the state, the city of Lorena included, which introduced lots of competition.
As a result, many fantastic retail electricity providers compete for your business in Lorena by offering low-prices, making it a great time to compare, switch, and save costs on your power statement.
As many as 100+ energy companies compete for your account in Lorena and there are hundreds of plans to sort through.
Average Electricity Rates in Lorena, 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 Lorena residents on ComparePower with rates as low as $0.07
How to find the best energy plan in Lorena
#1 rule: Determine what your usage is!
Determining how much energy you will use in a month is the best way to shop for power in Lorena. Why is this important?
The “price per kWh” you see power companies advertising is for an exact monthly usage (typically 1000 kWh).
Every plan has a different equation for how your monthly bill is calculated, and your monthly bill will be determined by how much electricity 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 the one you saw advertised when you ordered.
Fortunately, there’s a better way to choose your energy rate.
Calculating your expected monthly bill based on expected monthly usage, then comparing plans by total monthly bill, is the best way to shop for the best rate for your household.
Better yet, if you have an entire year 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 absolute best way to determine 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 seconds.
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 electricity plan that’s best for your home’s consumption.
We clarify the details, disclosing the various charges and fees, so you’ll know exactly where your money is going and what to anticipate on your bill.
We then help you in ordering your plan with your chosen electricity company without leaving our website.
The bottom line is you should know your expected or historical usage before choosing the best energy plan for your home.
If you don’t know your usage, estimate
If you are unable to 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.
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.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Lorena: Setting up Electricity
If this is your first time setting up electricity service in Lorena, 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 are unable to obtain historical usage information, a second option would be to estimate your future usage via utilizing our “Help Me Choose” tool. By simply entering your zip code the tool will be able to assess your home’s projected electricity consumption.
Sign-up for a plan instantly through ComparePower. We will remind you when its 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 Lorena
Switching is good. Market conditions are always in flux, so it is important to shop for a lower rate every year when your contract is about to expire.
Your existing energy provider will normally raise your electricity rate once your term expires. If you do not take action, you’ll be left on a month-to-month rate that is significantly higher than the plan you signed up.
Before renewing your contract make sure to shop the rates of competing electricity companies.
Switching can save you hundreds or thousands of dollars each year on your energy 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 energy company will handle everything for you including terminating service with your previous company.
Your lights stay on when you switch. Electricity in Lorena 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 companies. Therefore the reliability of your service is not affected.
You can pick any date up to 14 days early of your current contract’s end date without an “early termination” fee. 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.
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 understanding your usage is the best way to find the truly best price.
You will want to gather your historical usage for the last 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:
Lorena Energy Companies
Looking for a great electric company in Lorena?
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 Lorena||Phone Number|
|First Choice Power||888-458-6877|
No-Deposit Electricity Plans in Lorena
Need to find an energy plan in Lorena that doesn’t require a deposit?
If your first selection of plans mandates a deposit, ComparePower will automatically show you additional plans that require no money down.
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 review the different plans for any deposit obligations instantly so you can get your power on and get back 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.
Lorena Business Electricity Plans
If you manage a business in Lorena, you’re in good company.
Lorena 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 energy bill, you need to shop prices from competing providers.
ComparePower bridges the gap between your business and energy providers by inviting various energy providers to compete for your business in a sealed bid process.
You enroll your information once and the companies will present their bids. You to choose the cheapest 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 Lorena, visit the Oncor website or call them at 1-800-242-9113.
For gas service in Lorena, call or visit Lorena official city website to determine who your provider is.
In Lorena, water, garbage, sewer, and recycling services are usually handled by the City of Lorena.
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 Lorena, Texas
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular ZIP codes:
View electricity prices for cities near Lorena, Texas
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
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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: