Matthews electricity rates and energy plans
If you’re a long-time resident, new to Matthews, a business owner, or need no-deposit electricity, this insider’s guide will help you determine your perfect power plan in Matthews, Texas.
Time to read: about 7 min
Sections in this guide:
Click on a section below to jump directly to it:
- Matthews Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Matthews (average kWh price chart)
- How to find the best energy plan in Matthews (know your usage!)
- Moving to Matthews: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Matthews (how to choose the best plan)
- Matthews Energy Companies
- No-Deposit Electricity Plans in Matthews
- Matthews Business Electricity Plans
- Matthews Utilities (and how to report a power outage)
Matthews Electricity Rates Table
You have the power to choose your home’s energy provider in Matthews, Texas.
ComparePower is a free consumer service established in 2009 to help residents of Matthews shopping for their lowest rate electricity plan.
These official rates are the identical prices you’ll find calling the energy companies or visiting their websites.
Competing plans from a number of different electricity providers are displayed in a convenient format that makes evaluating alternatives simple and fast.
This assists Texas consumers avoid hidden markups and marketing gimmicks by comparing plans “apples-to-apples” without wasting hours and hours calling different energy companies or navigating dozens of different online sites.
73 Matthews Electric Rates
These live rates for AEP Central service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Matthews
Energy in Matthews, Texas, is deregulated. As a consumer of energy, you have a choice when it comes to selecting a retail electricity provider (your energy company), which gives you control and power over your energy bill.
Deregulation of energy in the state de-monopolized the electricity market for the majority of the state, the city of Matthews included, which introduced lots of competition.
As a result, many fantastic energy companies compete for your business in Matthews by offering low-prices, making it a great time to shop, switch, and save costs on your power statement.
As many as 100+ energy companies compete for your business in Matthews and there are hundreds of plans to choose from.
Average Electricity Rates in Matthews, 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 Matthews residents on ComparePower with rates as low as $0.13
How to find the best energy plan in Matthews
#1 rule: Usage is king!
Determining how much energy you will consume monthly is the ideal way to find a deal on electricity in Matthews. Why is this important?
The “price per kWh” you see energy companies advertising is for an exact monthly usage (usually 2000 kWh).
Every plan uses a different equation for how your monthly bill is computed, and your monthly bill will be determined by 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.
Thankfully, there’s a better way to pick your electricity rate.
Calculating your total monthly bill based on estimated monthly usage, then comparing plans by total monthly bill, is the best way to shop for the best rate for your household.
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 determine the perfect electricity plan for your home.
ComparePower does all the complicated math for you in an instant. What could take you hours on a spreadsheet is now done in just moments.
We put the power in your hands, taking what would amount to hours of research, spreadsheets, and calculations across hundreds of offers and navigate 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 expect on your bill.
We then assist you in signing-up with your selected energy provider without leaving our service.
The take away here is you should understand your expected or historical usage before picking the best energy 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.
Although knowing the previous 12-months of usage is optimum, it is far better to estimate the average energy consumption than to select the first electricity provider that you see advertised. After all, you have no idea how much energy you will use at that point.
Use ComparePower to find the best electricity plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Matthews: Setting up Electricity
If this is your first time setting up electricity service in Matthews, 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.
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 Matthews
Switching is good. Market conditions are always changing, so it is essential to shop for a lower price each year when your contract is close to expiring.
Your existing energy provider will typically raise your energy rate once your contract expires. If you fail to 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 check the rates of competing energy providers.
Switching can save you hundreds or thousands of dollars each year on your electricity bill.
Switching is easy:
- You don’t have to call your current provider 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 provider will handle everything for you including terminating service with your previous company.
There is no loss of power when you switch. Electricity in Matthews 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 within 14 days of your contract expiration date without an “early cancellation” 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 cheapest price.
You will want to gather your historical usage for the past 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:
Matthews Energy Companies
Are you trying to find an excellent electricity company in Matthews?
You can sign up 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 the company of your choosing.
|Energy Companies in Matthews||Phone Number|
No-Deposit Electricity Plans in Matthews
If you need to find an energy plan in Matthews 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.
That saves you a lot of time and hassle. No more clicking around and calling electricity companies to determine if a deposit is going to be required.
We will review the other plans for any deposit requirements 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.
Matthews Business Electricity Rates
If you manage a company in Matthews, you’re not alone.
Matthews is home to a significant number of small and large businesses and is a thriving town to run a company.
To lower your energy bill, you need to shop prices from competing energy companies.
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 on ComparePower and the providers 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 Matthews, visit the AEP Central website or call them at 1-877-373-4858.
For gas service in Matthews, call or visit Matthews official city website to determine who your provider is.
In Matthews, water, garbage, sewer, and recycling services are usually handled by the City of Matthews.
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.
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View electricity prices for Zip Codes in Matthews, 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 Matthews, 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.
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: