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Your insider’s guide to finding the best electricity rates and energy plans in Markham
Whether you are a business owner, new resident or long-time citizen of Markham, this comprehensive guide will enable you to find your best solution for an electricity plan.
Markham Electricity Rates
You have the power to choose your household’s energy provider in Markham.
ComparePower is a free consumer service started in 2009 to assist residents of Markham searching for their lowest-rate energy plan.
These official rates are the identical rates you’ll find contacting the electricity companies or visiting them online.
Plans from many different electricity providers are presented in a simple grid that makes comparing your options simple and fast.
This allows Texas consumers to avoid hidden fees and advertising gimmicks by comparing ” apples-to-apples ” plans without consuming hours calling different energy providers or sorting through hundreds of websites.
50 Markham 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.
Electricity Price Trends in Markham
Electricity in Markham is deregulated. As an energy customer, you have a choice when picking a retail electricity provider (your electricity company), which gives you insight and control over your energy bills.
Deregulation of electricity in Texas de-monopolized the electricity market for most of Texas, the city of Markham included, which introduced massive competition.
As a result, many excellent retail electricity providers compete for your business in Markham by offering low prices, making it a great time to shop, switch, and save costs on your power statement.
As many as 60-100 energy companies compete for your business in Markham, with hundreds of plans to select from.
Average Electricity Rates in Markham
Updated October 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 Markham
#1 rule: Usage is key!
Discovering the amount of energy you will consume month-to-month is the ideal way to find a deal on energy in Markham. Why is this so vital?
The “price per kWh” you see power companies advertising is for an exact monthly usage (typically 2000 kWh).
Every plan uses a different calculation for how your monthly bill is determined, and your monthly bill will change according to how much power you use in the month.
Unless you match the exact advertised usage each month, you will end up paying an effective “price per kWh” different than what you saw when you ordered.
Fortunately, there’s a better way to shop for a power rate.
Calculating your expected monthly bill based on anticipated monthly usage, then comparing plans by the total monthly bill is the best way to shop for the best rate for your household.
Better still, 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 determine the right energy rate plan for your home.
ComparePower does all this math for you in an instant. What could take you hours on a spreadsheet is done in moments.
We put the power in your hands, taking what would amount to hours of investigation, spreadsheets, and calculations across hundreds of offers and navigating you step-by-step to the energy rate plan that’s best for your home’s usage.
We clarify the details, disclosing all fees, so you’ll know precisely where your money is going and what to anticipate on your bill.
We then assist you in enrolling with your selected electricity company without leaving our service.
The bottom line is you must know your expected or historical usage before selecting the right energy plan for your home.
If you don’t know your usage, estimate
If you cannot acquire 12 months of historical usage or own 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 the previous 12 months of usage, estimating your average usage is better than blindly choosing 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 Markham: Setting up Electricity
If this is your first time setting up an electricity service in Markham, you need to get the previous 12 months of energy usage for your new home to get the best rate.
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 it’s time to renew your existing plan or 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 Markham
Switching is good. Market conditions are always changing, so it is important to shop for a lower price each year when your contract is about to expire.
Your existing energy provider will typically raise your electricity rate once your contract expires. If you do not act, 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 electricity supply
- It takes just minutes
When you make the switch, your new electricity company will handle everything for you, including canceling service with your previous company.
Your lights stay on when you switch. Electricity in Markham 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 without an “early termination” fee. 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.
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 would like to know how to find the best plan remember that understanding your usage is the best way to find the best price.
You will want to find 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:
Markham Energy Companies
Are you looking for a great electric company in Markham?
You can sign up for service with great companies such as TXU Energy, Reliant, and Direct Energy.
To sign up, learn more, or view current rates, click on your chosen company.
|Energy Companies in Markham||Phone Number|
|New Power Texas||888-316-0697|
No-Deposit Electricity Plans in Markham
Need to find an energy plan in Markham that doesn’t require a deposit?
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 many power providers or browsing websites to determine if different electricity companies need a deposit, this will save you much time and effort.
Working for you, we will instantly check any deposit obligations 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.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
Markham Business Electricity Plans
If you own a business in Markham, you’re not alone.
Markham is home to many small and large companies and is a thriving town to run a company.
You must shop for prices from competing energy companies to manage your electricity costs.
ComparePower bridges the gap between your business and energy companies by inviting various energy providers to compete for your business in a sealed bid process.
You submit 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 Markham, visit the AEP Central website or call them at 1-877-373-4858.
For gas service in Markham, call or visit Markham’s official city website to determine who your provider is.
In Markham, the City of Markham usually handles water, garbage, sewer, and recycling services.
Other Utility Service Areas in Texas
Not in the AEP Central 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 Markham
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 Markham
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
Markham Electricity Rates FAQs
Who has the cheapest Markham 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 Markham 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.