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Your Insider’s Guide to Finding the Best Electricity Rates and Energy Plans in Abilene
Whether you are a business owner, new resident, or long-time citizen of Putnam, this comprehensive guide will enable you to find your best solution for an electricity plan.
Putnam Electricity Rates
You have the power to choose your household’s energy provider in Putnam.
ComparePower is a free consumer service started in 2009 to assist residents of Putnam in searching 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.
Offers from several different energy providers are displayed in a simple layout, making evaluating alternatives simple and quick.
This assures Texas consumers avoid hidden markups and advertising gimmicks by comparing plans “apples-to-apples” without consuming hours and hours calling different energy companies or navigating dozens of different websites.
42 Putnam Electric Rates
These live rates for AEP TEXAS NORTH COMPANY service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Putnam
Energy in Putnam has been deregulated. As an energy customer, you can choose a retail electricity provider (your electricity provider), which gives you flexibility and power over your energy bill.
Deregulation of energy in Texas de-monopolized the energy market for most of Texas, including the city of Putnam, which introduced massive competition.
As a result, many fantastic energy providers compete for your business in Putnam by offering low rates, making it a great time to compare, switch, and save costs on your energy statement.
As many as 60-100 energy companies compete for your business in Putnam, with hundreds of plans to sort through.
Average Electricity Rates in Putnam
Updated May 2023
The average residential electricity rate in Texas is 14.63 ¢/kWh, 8.34% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United States)
How to Find the Best Energy Plan in Putnam
#1 rule: Know your usage!
Discovering how much energy you will use in a month is the best way to find a deal on electricity in Putnam. Why is this so vital?
The rate electricity providers advertise for an exact monthly usage (typically 1000 kWh).
Every plan uses a different equation for how your monthly bill is computed, and your monthly bill will vary depending on how much energy you use each month.
Unless you match the exact advertised usage each month, you will end up paying a “price per kWh” different than what you saw when you ordered.
Fortunately, there’s a better way to choose your electricity plan.
Calculating your expected monthly bill based on anticipated monthly usage, then comparing rates by total monthly cost is the best way to shop for the lowest rate for your home.
Better still, 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 right energy plan for your home.
ComparePower does all the complicated math for you in an instant. What takes hours on a spreadsheet is now solved 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 details, disclosing the various charges, so you’ll know precisely where your money is going and what to expect on your bill.
We then help you sign up with your selected power provider without leaving our website.
The bottom line is you must understand your expected or historical usage before selecting the right 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 your average monthly energy usage.
While not as optimal as having all the previous 12 months of usage, estimating your average usage is better than blindly choosing 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 Putnam: Setting up Electricity
If this is your first time setting up electricity service in Putnam, to get the best rate, you need to get the previous 12 months of energy usage for your new home.
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: You can estimate your monthly usage if you can’t obtain a usage history. 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 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 Putnam
Switching is good. Market conditions are constantly in flux, so it is important to shop for a lower rate each year when your contract is close to expiring.
Your existing electricity provider 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 for.
Before renewing your contract, shop the rates of competing electricity providers.
Switching can save you hundreds or thousands of dollars yearly 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 power supply
- It takes just minutes
When you switch, your new energy company will take care of everything for you, including canceling service with your previous company.
There is no loss of power when you switch. Electricity in Putnam 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 electricity providers. Therefore the reliability of your service is not affected.
You can choose any date up to 14 days before your contract ends 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 providers 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 lowest 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:
Putnam Energy Companies
Are you trying to find an excellent electricity company in Putnam?
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 Putnam||Phone Number|
|New Power Texas||888-316-0697|
No-Deposit Electricity Plans in Putnam
Need to find an energy plan in Putnam 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 companies to determine if a deposit will be required.
We will immediately check the other plans for any deposit obligations so you can get your power on and return to your day.
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:
Putnam Business Energy Rates
If you own a business in Putnam, you’ll discover many other businesses calling Putnam home.
Putnam has become a thriving place for many small to mid-sized companies. The town is small enough to get to know people and thrive, yet close enough to large metropolitan cities that provide even more growth opportunities.
To manage your energy bill, compare prices 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 submit your information once, and the providers will present their bids. You pick the lowest 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 Putnam, visit the AEP North website or call them at 1-877-373-4858.
Call or visit Putnam’s official city website for gas service in Putnam to determine who your provider is.
In Putnam, the City of Putnam usually handles water, garbage, sewer, and recycling services.
Other Utility Service Areas in Texas
Not in the AEP North 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 Putnam
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
View Electricity Prices for Cities Near Putnam
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.
If your city is not on the list, use the zip code finder for a rate lower than what you currently pay 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
Putnam Electricity Rates FAQs
Who has the cheapest Putnam 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 Putnam 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.