Placedo electricity rates and energy plans
If you’re a long-time resident, a new mover, own a business, or need no-deposit power, this complete guide will help you find your perfect power plan in Placedo, Texas.
Time to read: about 7 min
Sections in this guide:
Pick a section to skip directly to it:
- Placedo Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Placedo (average kWh price chart)
- How to find the best energy plan in Placedo (know your usage!)
- Moving to Placedo: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Placedo (how to choose the best plan)
- Placedo Energy Companies
- No-Deposit Electricity Plans in Placedo
- Placedo Business Electricity Plans
- Placedo Utilities (and how to report a power outage)
Placedo Electricity Rates Table
You have the power to choose your home’s energy company in Placedo, Texas.
ComparePower is a free consumer service started in 2009 to help residents of Placedo shopping for their lowest rate electricity plan.
These official rates are the same rates you’ll find contacting the energy companies or visiting their websites.
Competing plans from many different energy providers are shown in a simple grid that makes comparing your options simple and quick.
This assists Texas consumers avoid hidden charges and advertising gimmicks by comparing plans “apples-to-apples” without spending hours of time making phone calls or sorting through hundreds of different websites.
92 Placedo Electric Rates
These live rates for AEP Central service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Placedo
Energy in Placedo, Texas, is deregulated. As a consumer of energy, you have a choice when it comes to selecting a retail electricity provider (your electricity provider), which gives you insight and command over your energy bills.
Deregulation of electricity in the state de-monopolized the energy market for the majority of the state, the city of Placedo included, which introduced massive competition.
As a result, many fantastic power companies compete for your business in Placedo by offering low-prices, making it a great time to shop, switch, and save money on your power bill.
As many as 100+ providers compete for your business in Placedo and there are hundreds of plans to sort through.
Average Electricity Rates in Placedo, 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 Placedo residents on ComparePower with rates as low as $0.11
How to find the best energy plan in Placedo
#1 rule: Usage is king!
Knowing the amount of electricity you will use in a month is the ideal way to shop for energy in Placedo. Why should you care?
The rate you see energy providers advertising is for an exact monthly usage (typically 1000 kWh).
Every plan has a different calculation for how your monthly bill is calculated, and your monthly bill will be determined by how much energy 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 saw when you ordered.
Fortunately, there’s a better way to select your power company.
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 lowest rate for your household.
Better yet, 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 determine the ideal energy rate plan for your home.
ComparePower does all this math for you in an instant. What takes hours on a spreadsheet is now done in just moments.
We put the power in your hands, taking what would amount to hours of investigation, spreadsheets, and calculations across hundreds of plans and navigate you step-by-step to the electricity rate plan that’s best for your home’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 assist you in ordering your plan with your chosen energy provider without leaving our service.
The take away here is you must understand your expected or historical usage before ordering the right 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 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 Placedo: Setting up Electricity
If this is your first time setting up electricity service in Placedo, 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 Placedo
Switching is good. Market conditions are always changing, so it is important to shop for a lower price every year when your contract is close to expiring.
Your existing electricity company will normally raise your energy rate once your contract expires. If you do not 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 shop the rates of competing electricity companies.
Switching can save you hundreds or thousands of dollars each year on your electricity bill.
Switching is easy:
- You don’t have to call your current provider 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 energy provider will handle everything for you including terminating service with your previous provider.
Your lights stay on when you switch. Electricity in Placedo 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” penalty. 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.
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 respond 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 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:
Placedo Energy Companies
Are you trying to find an excellent electricity company in Placedo?
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 Placedo||Phone Number|
No-Deposit Electricity Plans in Placedo
Need to find an energy plan in Placedo that doesn’t require a deposit?
If your first selection of plans charges a deposit, ComparePower will automatically show you additional plans that require no money down.
That saves you a lot of time and hassle. No more clicking around and calling electricity providers to find out if a deposit is needed.
Working for you, we will instantly check any deposit obligations for other plans, allowing you to get power and return to your every-day 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.
Placedo Business Energy Plans
If you run a company in Placedo, you’re not alone.
Placedo 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 companies by inviting various energy companies to compete for your business in a sealed bid process.
You submit your information once and the companies will present their bids. You to choose the best rate. 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 Placedo, visit the AEP Central website or call them at 1-877-373-4858.
For gas service in Placedo, call or visit Placedo official city website to determine who your provider is.
In Placedo, water, garbage, sewer, and recycling services are usually handled by the City of Placedo.
Other Utility service areas in Texas
Not in the AEP Central 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 Placedo, 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 Placedo, 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.
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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: