Richland electricity rates and energy plans
If you’re a long-time resident, new to Richland, own a business, or need no-deposit electricity, this insider’s guide will help you discover your best energy plan in Richland, Texas.
Time to read: about 7 min
Sections in this guide:
Click on a section below to navigate directly to it:
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- Richland Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Richland (average kWh price chart)
- How to find the best energy plan in Richland (know your usage!)
- Moving to Richland: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Richland (how to choose the best plan)
- Richland Energy Companies
- No-Deposit Electricity Plans in Richland
- Richland Business Electricity Plans
- Richland Utilities (and how to report a power outage)
Richland Electricity Rates Table
You have the power to choose your home’s energy company in Richland, Texas.
ComparePower is a free consumer service started in 2009 to help residents of Richland shopping for their lowest rate energy plan.
Plan information is presented in a user-friendly format that enables quick and simple comparison of available plans and options.
Competing plans from a number of different electricity providers are outlined in a simple grid that makes comparing your options simple and fast.
This assists Texas energy customers avoid hidden fees and advertising gimmicks by comparing plans “apples-to-apples” without throwing away hours and hours calling different energy providers or navigating hundreds of different websites.
89 Richland 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 Richland
Electricity in Richland, Texas, has been deregulated. As an energy customer, you have a choice when it comes to picking a retail electricity provider (your electricity company), which gives you insight and command over your energy bills.
Deregulation of energy in Texas de-monopolized the energy market for the majority of the state, the city of Richland included, which introduced lots of competition.
As a result, many excellent energy providers compete for your business in Richland by offering low-rates, making it a great time to shop, switch, and save money on your energy bill.
As many as 60-100 retail electricity providers compete for your account in Richland and there are hundreds of plans to sort through.
Average Electricity Rates in Richland, 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 Richland residents on ComparePower with rates as low as $0.06
How to find the best energy plan in Richland
#1 rule: Determine what your usage is!
Knowing how much energy you will consume monthly is the best way to shop for electricity in Richland. Why is this so vital?
The “price per kWh” you see energy providers advertising is for an exact monthly usage (usually 2000 kWh).
Every plan has a different equation for how your monthly bill is calculated, and your monthly bill will be determined by how much power you consume in a month.
Unless you match the exact advertised usage 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 energy rate.
Calculating your total monthly bill based on expected monthly usage, then comparing plans by total monthly cost, is the best way to shop for the lowest rate for your household.
Even better, 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 ideal way to discover the ideal electricity rate plan for your home.
ComparePower does all the complicated math for you in an instant. What takes hours on a spreadsheet is now done in just seconds.
We put the power in your hands, taking what would amount to hours of investigation, spreadsheets, and calculations across hundreds of plans and guide you step-by-step to the electricity rate plan that’s best for your home’s usage.
We clarify the fine print, disclosing all fees and charges, so you’ll know precisely where your money is going and what to anticipate on your bill.
We then assist you in enrolling with your chosen electricity provider without leaving our service.
The bottom line is you must understand your expected or historical usage before choosing the right energy 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.
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 company at a specific usage that isn’t what you’ll consume.
Use ComparePower to find the best energy plan for your specific usage.
Moving to Richland: Setting up Electricity
If this is your first time setting up electricity service in Richland, 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 can’t obtain usage history, you can estimate your monthly usage instead. 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 to possibly switch plans.
Switching electricity companies in Richland
Switching is good. Market conditions are always changing, so it is essential to shop for a lower rate 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 more than the plan you signed up.
Before renewing your contract make sure to shop the rates of competing electricity providers.
Switching can save you hundreds or thousands of dollars each year on your energy bill.
Switching is easy:
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- 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
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When you decide to switch, your new energy company will handle everything for you including canceling service with your previous provider.
There is no loss of power when you switch. Electricity in Richland 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 choose 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, 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.
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 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 understanding your usage is the best way to find the truly best rate.
You will want to gather your historical usage for the past 12 months to determine the best plan with the lowest rate for your household.
Richland Energy Companies
Looking for a great electric company in Richland?
You can sign up for service with great electricity providers such as TXU Energy, Reliant, Direct Energy and more.
Click on the company of your choice to view rates, learn more, or sign up.
| Energy Companies in Richland | Phone Number |
|---|---|
| 4Change Energy | 855-550-6663 |
| Direct Energy | 855-307-6915 |
| First Choice Power | 888-458-6877 |
| Green Mountain | 844-854-2257 |
| Discount Power | 855-236-1309 |
| Reliant | 855-887-2194 |
| Frontier Utilities | 866-763-5084 |
| Cirro Energy | 844-417-7179 |
| Gexa Energy | 855-639-8210 |
| TXU Energy | 844-359-7999 |
| Payless Power | 855-854-8482 |
| Pulse Power | 888-853-4522 |
No-Deposit Electricity Plans in Richland
If you need to find an energy plan in Richland that requires no deposit, we can help.
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 surfing the internet and calling energy providers to determine if a deposit is needed.
Working for you, we will instantly check any deposit requirements for other plans, allowing you to get power and return to your every-day activities stress-free.
Deposit Waivers
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:
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- 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.
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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.
Richland Business Electricity Rates
If you run a company in Richland, you’ll find many other companies also have established themselves here.
Richland is home to a significant number of small and large companies and is a thriving town to run a company.
To lower your energy costs, you need to shop prices from competing providers.
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 submit your information once and the providers will present their bids. You to pick the cheapest price. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Richland Utilities
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 Richland, visit the Oncor website or call them at 1-800-242-9113.
Gas
For gas service in Richland, call or visit Richland official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Richland, water, garbage, sewer, and recycling services are usually handled by the City of Richland.
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.
View electricity prices for Zip Codes in Richland, Texas
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular ZIP codes:
76681
View electricity prices for cities near Richland, 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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