Morgan electricity rates and energy plans
Whether a business owner, new resident, or long-time citizen of Morgan, use of this comprehensive guide will enable you to find your best solution for an electricity plan.
Time to read: about 7 min
Sections in this guide:
Pick a section to jump directly to it:
- Morgan Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Morgan (average kWh price chart)
- How to find the best energy plan in Morgan (know your usage!)
- Moving to Morgan: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Morgan (how to choose the best plan)
- Morgan Energy Companies
- No-Deposit Electricity Plans in Morgan
- Morgan Business Electricity Plans
- Morgan Utilities (and how to report a power outage)
Morgan Electricity Rates Table
As a resident or business owner within Morgan, you have the power to choose the electricity provider that best meets your specific needs.
ComparePower is a free consumer service started in 2009 to assist residents of Morgan shopping for their best electricity plan.
Plan information is presented in a user-friendly format that enables quick and simple comparison of available plans and options.
Competing offer from a number of different energy providers are outlined in a convenient layout that makes comparing your options simple and quick.
This helps Texas energy customers avoid hidden fees and marketing gimmicks by comparing plans “apples-to-apples” without consuming hours of time calling different energy providers or navigating dozens of different websites.
72 Morgan 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 Morgan
Electricity in Morgan, Texas, is deregulated. As an energy customer, you have a choice when it comes to picking a retail electricity provider (your energy provider), which gives you control and power over your energy bills.
Deregulation of energy in Texas de-monopolized the electricity market for the majority of Texas, the city of Morgan included, which introduced massive competition.
As a result, many fantastic power companies compete for your business in Morgan by offering low-rates, making it a great time to compare, switch, and save costs on your energy statement.
As many as 60-100 providers compete for your account in Morgan and there are hundreds of plans to choose from.
Average Electricity Rates in Morgan, 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 Morgan residents on ComparePower with rates as low as $0.14
How to find the best energy plan in Morgan
#1 rule: Determine what your usage is!
Discovering how much energy you will consume month-to-month is the ideal way to find a deal on electricity in Morgan. Why does this matter?
The “price per kWh” you see electricity companies advertising is for an exact monthly usage (typically 1000 kWh).
Every plan has a different equation for how your monthly bill is computed, and your monthly bill will change according to how much energy you use in the 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 signed up.
Thankfully, there’s a better way to select your electricity plan.
Calculating your expected monthly bill based on anticipate monthly usage, then comparing rates by total monthly bill, is the best way to shop for the best rate for you.
Better yet, if you have 12 months 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 determine the perfect energy rate plan for your home.
ComparePower does all this math for you in an instant. What could take you hours inside a spreadsheet is now solved 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 navigate you step-by-step to the energy rate plan that’s best for your household’s usage.
We clarify the details, disclosing all fees and charges, so you’ll know precisely where your money is going and what to expect on your monthly bill.
We then help you in ordering your plan with your selected energy company without ever having to leave our service.
The take away here is you must understand your expected or historical usage before choosing 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.
While not as optimal as having all previous 12-months of usage, estimating your average usage is better than blindly choosing the first plan you see advertised by an electricity provider at a specific usage that isn’t what you’ll consume.
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 Morgan: Setting up Electricity
If this is your first time setting up electricity service in Morgan, 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 Morgan
Switching is good. Market conditions are always changing, so it is essential to shop for a lower price each year when your contract is about to expire.
Your existing energy company will normally 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 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 make the switch, your new energy company will handle everything for you including canceling service with your previous provider.
Your lights stay on when you switch. Electricity in Morgan 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 within 14 days of your contract expiration date without an “early cancellation” fee. 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 companies up to 6o days in advance.
And even if you’re well inside your contract, savings achieved on your monthly bill by switching providers may outweigh the fee to break your existing contract.
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.
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:
Morgan Energy Companies
Looking for a great electric company in Morgan?
You can sign up for service with great electricity providers 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 Morgan||Phone Number|
No-Deposit Electricity Plans in Morgan
Need to find an energy plan in Morgan that doesn’t require a deposit?
If assessed 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 clicking around and calling electricity providers to determine if a deposit is needed.
We will review the different plans for any deposit requirements immediately so you can get your lights on and get return 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.
Morgan Business Electricity Plans
If you own a company in Morgan, you’re not alone.
Morgan has become a thriving place for many small to midsized companies. The town 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 shop rates from competing energy companies.
ComparePower bridges the gap between your business and energy companies by inviting various energy companies 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 Morgan, visit the Texas New Mexico (TNMP) website or call them at 1-888-866-7456.
For gas service in Morgan, call or visit Morgan official city website to determine who your provider is.
In Morgan, water, garbage, sewer, and recycling services are usually handled by the City of Morgan.
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 Morgan, 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 Morgan, 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
- 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: