Wells electricity rates and energy plans
Whether a business owner, new resident, or long-time citizen of Wells, 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:
Click on a section to navigate directly to it:
- Wells Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Wells (average kWh price chart)
- How to find the best energy plan in Wells (know your usage!)
- Moving to Wells: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Wells (how to choose the best plan)
- Wells Energy Companies
- No-Deposit Electricity Plans in Wells
- Wells Business Electricity Plans
- Wells Utilities (and how to report a power outage)
Wells Electricity Rates Table
You have the power to choose your home’s electric company in Wells, Texas.
ComparePower is a free consumer service started in 2009 to assist residents of Wells searching for their best energy plan.
These official rates are the same rates you’ll find contacting the electricity providers or visiting their websites.
Competing offer from several different electricity companies are shown in a standardized format that makes evaluating alternatives simple and quick.
This assures Texas energy customers avoid hidden fees and advertising gimmicks by comparing plans “apples-to-apples” without spending hours and hours calling different energy companies or clicking around on hundreds of different online sites.
88 Wells 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 Wells
Energy in Wells, Texas, has been deregulated. As an energy customer, you have a choice when it comes to choosing a retail electricity provider (your energy company), 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 the state, the city of Wells included, which introduced massive competition.
As a result, many fantastic energy providers compete for your business in Wells by offering low-rates, making it a great time to compare, switch, and lower costs on your electricity bill.
As many as 60-100 retail electricity providers compete for your account in Wells and there are hundreds of plans to sort through.
Average Electricity Rates in Wells, 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 Wells residents on ComparePower with rates as low as $0.13
How to find the best energy plan in Wells
#1 rule: Know Your Usage!
Discovering the amount of electricity you will use month-to-month is the ideal way to shop for power in Wells. 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 calculation for how your monthly bill is computed, and your monthly bill will vary depending on 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 the one you saw advertised when you ordered.
Fortunately, there’s a better way to pick your power company.
Calculating your total monthly bill based on expected monthly usage, then comparing plans by total monthly bill, is the best way to shop for the best rate for you.
Even better, if you have 12 months 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 absolute best way to find the right energy plan for your home.
ComparePower does all this math for you instantly. What takes hours inside a spreadsheet is now solved in just seconds.
We put the power in your hands, taking what would amount to hours of research, spreadsheets, and calculations across hundreds of offers and navigate you step-by-step to the electricity plan that’s best for your home’s consumption.
We clarify the details, disclosing the various charges and fees, so you’ll know precisely where your money is going and what to anticipate on your monthly bill.
We then assist you in enrolling with your chosen power provider without leaving our service.
The take away here is you must know your expected or historical usage before ordering the right electricity 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.
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 provider at a specific usage that isn’t what you’ll consume.
Use ComparePower to find the best energy plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Wells: Setting up Electricity
If this is your first time setting up electricity service in Wells, 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 Wells
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 electricity provider will typically raise your electricity rate once your term expires. If you do not 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 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 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 company will take care of everything for you including terminating service with your previous company.
There is no loss of power when you switch. Electricity in Wells 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 pick any date within 14 days of your contract expiration date without an “early cancellation” 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 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 price.
You will want to gather your past usage for the past 12 months to determine the best plan with the lowest rate for your household.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Wells Energy Companies
Looking for a great electric company in Wells?
You can enroll 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 Wells||Phone Number|
No-Deposit Electricity Plans in Wells
If you need to find an energy plan in Wells 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 clicking around and calling electricity providers to determine if a deposit is needed.
We will review the other plans for any deposit requirements immediately 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.
Wells Business Electricity Rates
If you own a business in Wells, you’ll find many other organizations also have established themselves here.
Wells 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 energy costs, you need to compare 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 submit your information once and the companies will present their bids. You to choose the cheapest 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 Wells, visit the Oncor website or call them at 1-800-242-9113.
For gas service in Wells, call or visit Wells official city website to determine who your provider is.
In Wells, water, garbage, sewer, and recycling services are usually handled by the City of Wells.
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 Wells, 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 Wells, 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.
- Houston, TX
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- 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: