Megargel electricity rates and energy plans
If you’re a long-time resident, new to Megargel, own a business, or need no-deposit power, this complete guide will help you determine your ideal energy plan in Megargel, Texas.
Time to read: about 7 min
Sections in this guide:
Pick a section to navigate directly to it:
- Megargel Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Megargel (average kWh price chart)
- How to find the best energy plan in Megargel (know your usage!)
- Moving to Megargel: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Megargel (how to choose the best plan)
- Megargel Energy Companies
- No-Deposit Electricity Plans in Megargel
- Megargel Business Electricity Plans
- Megargel Utilities (and how to report a power outage)
Megargel Electricity Rates Table
You have the power to choose your home’s electric company in Megargel, Texas.
ComparePower is a free consumer service established in 2009 to assist residents of Megargel searching for their best energy plan.
These official rates are the identical rates you’ll find contacting the energy companies or visiting them online.
Plans from several different electricity providers are presented in a simple layout that makes evaluating alternatives simple and quick.
This helps Texas energy customers avoid hidden markups and marketing gimmicks by comparing plans “apples-to-apples” without throwing away hours and hours making phone calls or clicking around on hundreds of different online sites.
72 Megargel Electric Rates
These live rates for Texas New Mexico Power (TNMP) service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Megargel
Electricity in Megargel, Texas, is deregulated. As an energy customer, you have a choice when it comes to selecting a retail electricity provider (your electricity company), which gives you flexibility and power over your energy bills.
Deregulation of energy in the state de-monopolized the energy market for the majority of the state, the city of Megargel included, which introduced massive competition.
As a result, many fantastic energy companies compete for your business in Megargel by offering low-prices, making it a great time to compare, switch, and save costs on your electricity statement.
As many as 60-100 energy companies compete for your account in Megargel and there are hundreds of plans to select from.
Average Electricity Rates in Megargel, 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 Megargel residents on ComparePower with rates as low as $0.14
How to find the best energy plan in Megargel
#1 rule: Determine what your usage is!
Knowing the amount of energy you will use each month is the best way to shop for electricity in Megargel. Why should you care?
The “price per kWh” you see energy companies advertising is for an exact monthly usage (usually 2000 kWh).
Every plan has a different equation for how your monthly statement is determined, and your monthly bill will be determined by how much electricity you consume in the month.
Unless you use exactly the advertised amount each month, you will end up paying an effective “price per kWh” different than what you saw when you signed up.
Thankfully, there’s a better way to pick your power provider.
Calculating your total monthly bill based on anticipate monthly usage, then comparing rates by total monthly cost, is the best way to shop for the best 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 absolute best way to find the right energy rate plan for your home.
ComparePower does all this math for you instantly. What could take you 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 calculations across hundreds of offers and guide you step-by-step to the electricity plan that’s best for your household’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 electricity company without ever having to leave our website.
The take away here is you should know your expected or historical usage before ordering the best electricity 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.
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 shop for 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 Megargel: Setting up Electricity
If this is your first time setting up electricity service in Megargel, 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 Megargel
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 electricity provider will normally 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 shop 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 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 make the switch, your new electricity provider will handle everything for you including terminating service with your previous company.
There is no loss of power when you switch. Electricity in Megargel 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 energy providers. 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. That’s Texas Law.
If you’re still under contract, check 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 are unsure email us your latest energy bill and one of our team members will get back to you promptly with 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.
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:
Megargel Energy Companies
Are you trying to find an excellent electricity company in Megargel?
You can enroll 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 Megargel||Phone Number|
No-Deposit Electricity Plans in Megargel
If you need to find an energy plan in Megargel that requires no deposit, we can help.
If your first choice of plans charges a deposit, ComparePower will automatically show you additional plans that require no money down.
Instead of calling a lot of energy providers or browsing through websites to determine if different electricity companies need a deposit, this will save you a whole lot of time and effort.
We will review the different plans for any deposit obligations immediately so you can get your lights 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.
Megargel Business Power Rates
If you manage a business in Megargel, you’re not alone.
Megargel is home to a significant number of small and large companies and is a thriving place to run a business.
To manage 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 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 choose 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 Megargel, visit the Texas New Mexico (TNMP) website or call them at 1-888-866-7456.
For gas service in Megargel, call or visit Megargel official city website to determine who your provider is.
In Megargel, water, garbage, sewer, and recycling services are usually handled by the City of Megargel.
Other Utility service areas in Texas
Not in the Texas New Mexico (TNMP) 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 Megargel, 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 Megargel, 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: