Tool electricity rates and energy plans
If you’re a long-time resident, a new mover, a business owner, or need no-deposit power, this complete guide will help you determine your best energy plan in Tool, Texas.
Time to read: about 7 min
Sections in this guide:
Pick a section below to navigate directly to it:
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- Tool Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Tool (average kWh price chart)
- How to find the best energy plan in Tool (know your usage!)
- Moving to Tool: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Tool (how to choose the best plan)
- Tool Energy Companies
- No-Deposit Electricity Plans in Tool
- Tool Business Electricity Plans
- Tool Utilities (and how to report a power outage)
Tool Electricity Rates Table
You have the power to choose your household’s energy provider in Tool, Texas.
ComparePower is a free consumer service started in 2009 to help residents of Tool searching for their lowest rate electricity plan.
These official rates are the same rates you’ll find contacting the energy providers or visiting them online.
Plans from a number of different electricity providers are outlined in a simple layout that makes comparing your options simple and quick.
This assists Texas consumers avoid hidden fees and marketing gimmicks by comparing plans “apples-to-apples” without consuming hours and hours making phone calls or clicking around on dozens of different web sites.
97 Tool 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 Tool
Electricity in Tool, Texas, is deregulated. As an energy customer, you have a choice when it comes to selecting a retail electricity provider (your energy company), which gives you flexibility and power over your energy bills.
Deregulation of energy in Texas de-monopolized the electricity market for the majority of the state, the city of Tool included, which introduced lots of competition.
As a result, many fantastic power providers compete for your business in Tool by offering low-rates, making it a great time to shop, switch, and save costs on your power bill.
As many as 100+ energy companies compete for your business in Tool and there are hundreds of plans to sort through.
Average Electricity Rates in Tool, 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 Tool residents on ComparePower with rates as low as $0.07
How to find the best energy plan in Tool
#1 rule: Determine what your usage is!
Knowing how much energy you will use monthly is the best way to find a deal on electricity in Tool. Why is this so vital?
The rate you see power companies advertising is for an exact monthly usage (typically 1000 kWh).
Every plan uses a different calculation for how your monthly statement is calculated, and your monthly bill will change according to how much electricity you use in the month.
Unless you match the exact advertised usage each month, you will end up paying an effective “price per kWh” different than what you observed when you ordered.
Thankfully, there’s a better way to pick your electricity plan.
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 best rate for your household.
Better yet, if you have an entire year of usage history for your household, 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 energy plan for your home.
ComparePower does all this math for you in an instant. What could take you hours on a spreadsheet is now solved in just seconds.
We put the power in your hands, taking what would amount to hours of investigation, spreadsheets, and computations across hundreds of offers and navigate you step-by-step to the energy plan that’s best for your household’s consumption.
We clarify the details, disclosing the various charges and fees, so you’ll know exactly where your money is going and what to expect on your bill.
We then help you in enrolling with your selected energy provider without ever having to leave our website.
The take away here is you must know 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 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 shop for the best energy plan for your specific usage.
Moving to Tool: Setting up Electricity
If this is your first time setting up electricity service in Tool, 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.
Sign-up for a plan instantly through ComparePower. We will remind you when its time to return to switch and save at the end of the plan length you decide on.
Switching electricity companies in Tool
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 electricity company will typically raise your energy rate once your term 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 check the rates of competing energy companies.
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 make the switch, your new electricity provider will handle everything for you including terminating service with your previous company.
Your lights stay on when you switch. Electricity in Tool 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 companies. Therefore the reliability of your service is not affected.
You can pick 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, check 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.
For help with this, you can send us your latest energy bill via email, and one of our professional team members will contact you shortly to discuss 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 lowest 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.
Tool Energy Companies
Looking for a great electric company in Tool?
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 rates, learn more, or sign up.
| Energy Companies in Tool | Phone Number |
|---|---|
| 4Change Energy | 855-550-6663 |
| Amigo Energy | 866-526-7192 |
| 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 |
| Tara Energy | 866-217-5179 |
| Cirro Energy | 844-417-7179 |
| Constellation | 855-798-2889 |
| Gexa Energy | 855-639-8210 |
| TXU Energy | 844-359-7999 |
| Payless Power | 855-854-8482 |
| Just Energy | 866-586-3564 |
No-Deposit Electricity Plans in Tool
Need to find an energy plan in Tool 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.
That saves you a lot of time and hassle. No more clicking around and calling energy companies to find out if a deposit is going to be required.
Working for you, we will instantly review any deposit requirements for other plans, allowing you to get power and return to your regular 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.
Tool Business Energy Plans
If you own a business in Tool, you’re not alone.
Tool 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 prices from competing energy companies.
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 providers will present their bids. You to pick the best rate. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Tool 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 Tool, visit the Oncor website or call them at 1-800-242-9113.
Gas
For gas service in Tool, call or visit Tool official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Tool, water, garbage, sewer, and recycling services are usually handled by the City of Tool.
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 Tool, Texas
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 Tool, 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.
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.
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