May electricity rates and energy plans
If you’re a long-time resident, new to May, a business owner, or need no-deposit power, this insider’s guide will help you determine your ideal power plan in May, Texas.
Time to read: about 7 min
Sections in this guide:
Pick a section below to jump directly to it:
- May Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in May (average kWh price chart)
- How to find the best energy plan in May (know your usage!)
- Moving to May: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in May (how to choose the best plan)
- May Energy Companies
- No-Deposit Electricity Plans in May
- May Business Electricity Plans
- May Utilities (and how to report a power outage)
May Electricity Rates Table
You have the power to choose your home’s electric company in May, Texas.
ComparePower is a free consumer service established in 2009 to help residents of May shopping for their lowest rate electricity plan.
Plan information is presented in a user-friendly format that enables quick and simple comparison of available plans and options.
Competing plans from many different energy companies are shown in a powerful layout that makes evaluating alternatives simple and quick.
This allows Texas energy customers avoid hidden markups and advertising gimmicks by comparing plans “apples-to-apples” without wasting hours of time calling different energy companies or clicking around on hundreds of different web sites.
80 May Electric Rates
These live rates for AEP North service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in May
Energy in May, Texas, has been deregulated. As an energy customer, you have a choice when it comes to choosing a retail electricity provider (your energy company), which gives you insight and control over your energy bill.
Deregulation of energy in Texas de-monopolized the energy market for the majority of Texas, the city of May included, which introduced massive competition.
As a result, many fantastic power companies compete for your business in May by offering low-prices, making it a great time to compare, switch, and save costs on your energy statement.
As many as 100+ energy companies compete for your account in May and there are hundreds of plans to sort through.
Average Electricity Rates in May, 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 May residents on ComparePower with rates as low as $0.10
How to find the best energy plan in May
#1 rule: Usage is key!
Discovering the amount of energy you will consume in a month is the best way to find a deal on electricity in May. Why is this important?
The rate you see electricity companies advertising is for an exact monthly usage (typically 2000 kWh).
Every plan has a different calculation for how your monthly statement is calculated, and your monthly bill will vary depending on how much electricity you use in each month.
Unless you match the exact advertised usage each month, you will end up paying an effective “price per kWh” different than what you observed when you enrolled.
Thankfully, there’s a better way to select your electricity rate.
Calculating your expected monthly bill based on expected monthly usage, then comparing plans by total monthly cost, is the best way to shop for the best rate for your home.
Better still, if you have an entire year of usage history for your home, 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 find the right energy plan for your home.
ComparePower does all this math for you instantly. What could take you hours inside a spreadsheet is now done in a few seconds.
We put you in the driver’s seat, taking what would amount to hours of research, spreadsheets, and computations across hundreds of offers and assist you step-by-step to the energy rate plan that’s best for your home’s consumption.
We clarify the fine print, disclosing the various charges and fees, so you’ll know precisely where your money is going and what to anticipate on your monthly bill.
We then help you in signing-up with your chosen power provider without ever having to leave our service.
The bottom line is you should determine your expected or historical usage before selecting 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 May: Setting up Electricity
If this is your first time setting up electricity service in May, 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 in minutes through ComparePower. We will remind you when its time to return to switch and save at the end of the plan term 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 May
Switching is good. Market conditions are always changing, so it is essential to shop for a lower price every year when your contract is about to expire.
Your existing electricity provider will typically raise your energy 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 energy 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 company will handle everything for you including terminating service with your previous provider.
There is no loss of power when you switch. Electricity in May 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 electricity 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” penalty. Texas law protects you here.
If you’re still under contract, check 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 knowing your usage is the best way to find the truly lowest rate.
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:
May Energy Companies
Looking for a great electric company in May?
You can sign up for service with great electricity providers such as TXU Energy, Reliant, Direct Energy and more.
Click on the provider of your choice to view prices, learn more, or sign up.
|Energy Companies in May||Phone Number|
No-Deposit Electricity Plans in May
If you need to find an energy plan in May that requires no deposit, we can help.
If charged a deposit on your first plan selection, ComparePower will automatically show you other plans available without a deposit.
That saves you a lot of time and hassle. No more surfing the internet and calling energy companies to determine if a deposit is going to be required.
Working for you, we will instantly check any deposit obligations for other plans, allowing you to get power and return to your regular activities stress-free.
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.
May Business Power Plans
If you manage a business in May, you’ll find many other businesses also have established themselves here.
May 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 compare rates 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 submit your information on ComparePower 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 May, visit the AEP North website or call them at 1-877-373-4858.
For gas service in May, call or visit May official city website to determine who your provider is.
In May, water, garbage, sewer, and recycling services are usually handled by the City of May.
Other Utility service areas in Texas
Not in the AEP North 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 May, 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 May, 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.
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
- 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: