Penelope electricity rates and energy plans
Whether a business owner, new resident, or long-time citizen of Penelope, 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:
- Penelope Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Penelope (average kWh price chart)
- How to find the best energy plan in Penelope (know your usage!)
- Moving to Penelope: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Penelope (how to choose the best plan)
- Penelope Energy Companies
- No-Deposit Electricity Plans in Penelope
- Penelope Business Electricity Plans
- Penelope Utilities (and how to report a power outage)
Penelope Electricity Rates Table
You have the power to choose your household’s electric provider in Penelope, Texas.
ComparePower is a free consumer service established in 2009 to assist residents of Penelope shopping for their lowest rate energy plan.
These official rates are the identical rates you’ll find calling the electricity providers or visiting their websites.
Competing offer from a number of different electricity providers are outlined in a simple layout that makes comparing your options simple and fast.
This helps Texas consumers avoid hidden fees and marketing gimmicks by comparing plans “apples-to-apples” without throwing away hours and hours making phone calls or clicking around on dozens of different web sites.
88 Penelope Electric Rates
These live rates for Oncor Electric Delivery service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Penelope
Electricity in Penelope, Texas, is deregulated. As a consumer of energy, you have a choice when it comes to choosing a retail electricity provider (your energy provider), which gives you insight and command over your energy bills.
Deregulation of electricity in the state de-monopolized the electricity market for the majority of Texas, the city of Penelope included, which introduced lots of competition.
As a result, many excellent power providers compete for your business in Penelope by offering low-prices, making it a great time to shop, switch, and lower costs on your energy bill.
As many as 60-100 providers compete for your account in Penelope and there are hundreds of plans to sort through.
Average Electricity Rates in Penelope, 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 Penelope residents on ComparePower with rates as low as $0.13
How to find the best energy plan in Penelope
#1 rule: Determine what your usage is!
Discovering how much energy you will use month-to-month is the ideal way to shop for energy in Penelope. Why does this matter?
The rate you see power providers 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 power you use in 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 enrolled.
Fortunately, there’s a better way to choose your energy rate.
Calculating your expected monthly bill based on expected monthly usage, then comparing options by total monthly bill, is the best way to shop for the best rate for your home.
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 discover the ideal electricity rate plan for your home.
ComparePower does all this math for you in an instant. What takes hours inside a spreadsheet is now done in just seconds.
We put you in the driver’s seat, taking what would amount to hours of research, spreadsheets, and computations across hundreds of plans and guide you step-by-step to the electricity plan that’s best for your home’s consumption.
We clarify the fine print, disclosing the various charges and fees, so you’ll know exactly where your money is going and what to anticipate on your monthly bill.
We then help you in enrolling with your chosen energy provider without ever having to leave our website.
The take away here is you should understand 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 Penelope: Setting up Electricity
If this is your first time setting up electricity service in Penelope, 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 come back to switch and save at the end of the plan length 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 Penelope
Switching is good. Market conditions are always changing, so it is essential to shop for a lower rate every year when your contract is close to expiring.
Your existing energy company will typically raise your electricity 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.
Before renewing your contract make sure to shop the rates of competing energy providers.
Switching can save you hundreds or thousands of dollars each year on your energy 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 decide to switch, your new energy provider will take care of everything for you including canceling service with your previous provider.
Your lights stay on when you switch. Electricity in Penelope 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 providers. Therefore the reliability of your service is not affected.
You can choose any date up to 14 days early of your current contract’s end date without an “early termination” fee. That’s Texas Law.
If you’re still under contract, find out 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 companies may outweigh the fee to break your existing contract.
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 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 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:
Penelope Energy Companies
Looking for a great electric company in Penelope?
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 Penelope||Phone Number|
No-Deposit Electricity Plans in Penelope
Need to find an energy plan in Penelope that doesn’t require a deposit?
If charged a deposit on your first plan selection, ComparePower will automatically show you other plans available without a deposit.
Instead of calling a bunch of electric companies or browsing through websites to determine if different electricity companies require a deposit, this will save you a whole lot of time and effort.
We will check the different plans for any deposit obligations instantly 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.
Penelope Business Energy Rates
If you own a business in Penelope, you’re not alone.
Penelope 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 manage your electricity costs, you need to shop rates from competing energy companies.
ComparePower bridges the gap between your business and energy providers by inviting various energy companies 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 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 Penelope, visit the Oncor website or call them at 1-800-242-9113.
For gas service in Penelope, call or visit Penelope official city website to determine who your provider is.
In Penelope, water, garbage, sewer, and recycling services are usually handled by the City of Penelope.
Other Utility service areas in Texas
Not in the Oncor 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 Penelope, 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 Penelope, 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: