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Your insider’s guide to finding the best electricity rates and energy plans in Newcastle
If you’re a long-time resident, new to Newcastle, own a business, or need no-deposit power, this complete guide will help you find your best power plan in Newcastle.
Newcastle Electricity Rates
You have the power to choose your household’s energy company in Newcastle.
ComparePower is a free consumer service established in 2009 to help residents of Newcastle search 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.
Plans from many different energy companies are outlined in a convenient layout that makes comparing your options simple and quick.
This allows Texas consumers to avoid hidden fees and marketing gimmicks by comparing plans “apples-to-apples” without spending hours making phone calls or sorting through hundreds of online sites.
63 Newcastle Electric Rates
These live rates for TEXAS-NEW MEXICO POWER COMPANY service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Newcastle
Electricity in Newcastle has been deregulated. As an energy customer, you can choose a retail electricity provider (your energy company), which gives you insight and command over your energy bill.
Deregulation of energy in the state de-monopolized the electricity market for most of Texas, Newcastle included, which introduced lots of competition.
As a result, many fantastic retail electricity providers compete for your business in Newcastle by offering low prices, making it a great time to shop, switch, and save costs on your electricity bill.
As many as 100+ providers compete for your business in Newcastle, with hundreds of plans to sort through.
Average Electricity Rates in Newcastle
Updated October 2023
The average residential electricity rate in Texas is 14.01 ¢/kWh, 13.70% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United States)
How to Find the Best Energy Plan in Newcastle
#1 rule: Know your usage!
Discovering how much electricity you will use each month is the best way to shop for energy in Newcastle. Why is this so vital?
The rate electricity providers advertise for an exact monthly usage (typically 1000 kWh).
Every plan has a different equation for how your monthly bill is determined, and your monthly bill will change according to how much energy you use each 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 ordered.
Thankfully, there’s a better way to shop for a power company.
Calculating your total monthly bill based on estimated monthly usage, then comparing plans by total monthly cost is the best way to shop for the lowest rate for your home.
Even better, if you have 12 months of usage history for your home, 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 ideal way to find the perfect energy rate plan for your home.
ComparePower does all the complicated math for you in an instant. What takes hours inside a spreadsheet is now solved in a few moments.
We put the power in your hands, taking what would amount to hours of research, spreadsheets, and computations across hundreds of plans and assisting you step-by-step with the energy rate plan that’s best for your home’s usage.
We clarify the details, disclosing all fees, so you’ll know exactly where your money goes and what to expect on your bill.
We then help you order your plan with your selected power company without leaving our website.
The bottom line is you should know your expected or historical usage before selecting the best electricity plan for your home.
If you don’t know your usage, estimate
Suppose you recently purchased a home or business or cannot obtain 12 months of usage history. In that case, you can always estimate the average amount of energy you will use in any given month.
While not as optimal as having all the previous 12 months of usage, estimating your average usage is better than blindly picking the first plan you see advertised by an electricity company at a specific usage that isn’t what you’ll consume.
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 Newcastle: Setting up Electricity
If this is your first time setting up electricity service in Newcastle, to get the best rate, you need to get your new home’s previous 12 months of energy usage.
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 Newcastle
Switching is good. Market conditions are always in flux, so it is essential to shop for a lower price every year when your contract is about to expire.
Your existing electricity 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 more than the plan you signed up for.
Before renewing your contract, check 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 switch, your new energy provider will take care of everything for you, including canceling service with your previous provider.
There is no loss of power when you switch. Electricity in Newcastle 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 providers. Therefore the reliability of your service is not affected.
You can pick any date within 14 days of your contract expiration 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 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.
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 cheapest 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 must 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:
Newcastle Energy Companies
Are you trying to find an excellent electricity company in Newcastle?
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 your chosen company.
|Energy Companies in Newcastle||Phone Number|
|New Power Texas||888-316-0697|
No-Deposit Electricity Plans in Newcastle
Need to find an energy plan in Newcastle 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.
That saves you a lot of time and hassle. No more clicking around and calling energy providers to determine if a deposit is needed.
Working for you, we will instantly review any deposit requirements 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:
Newcastle Business Electricity Rates
If you run a company in Newcastle, you’ll find many other businesses that call Newcastle home.
Newcastle is home to many small and large businesses and is a great place to run a business.
You must shop for prices from competing providers to lower your electricity bill.
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 enroll your information on ComparePower, and the companies will present their bids. You 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 Newcastle, visit the Texas-New Mexico (TNMP) website or call them at 1-888-866-7456.
For gas service in Newcastle, call or visit Newcastle’s official city website to determine your provider.
In Newcastle, the City of Newcastle usually handles water, garbage, sewer, and recycling services.
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.
- 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 Newcastle
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 Newcastle
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
- 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
Newcastle Electricity Rates FAQs
Who has the cheapest Newcastle 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 Newcastle 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.