Texas Energy Savings Tips

Short-term vs. Long-term Electricity Contracts

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Any product or company names, marks, or logos shown on this page are the property of their respective owners. ComparePower is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Hey there, Texas! Are you tired of staring at your electricity bill, wondering if you could be saving more?

You’re not alone. The good news is you’ve come to the right place.

We’re about to dive deep into short-term vs. long-term electricity contracts, and by the end of this article, you’ll know exactly which type of contract is the best fit for you.

Stick around, and let’s save you some money!

TL;DR: Short-term contracts offer flexibility, and long-term contracts give you stability. Your lifestyle and budget determine which is best for you.

Short-Term vs. Long-Term Electricity Contracts

You’re here because you’ve got questions. Is a short-term electricity contract worth it, or should you go for a long-term deal?

We get it; it’s a big decision. But don’t sweat it; we’ve got your back.

Your Life, Your Choice

Here’s the thing: There’s no one-size-fits-all answer.

If you plan to stay put for a while, a long-term contract might be your best bet. But if you’re the adventurous type who likes to keep their options open, a short-term contract could be right up your alley.

Short-Term Electricity Contract Benefits

The beauty of short-term contracts is the freedom they offer.

You’re not tied down, and if electricity rates drop, you can jump ship and snag a better deal.

That’s what we call electricity contract flexibility.

If you play your cards right, you can start your contract when demand is low, securing those sweet, low short-term electricity contract rates.

But Wait, There’s a Catch

While short-term contracts can be a bargain hunter’s dream, they come with their own set of risks.

You could find yourself paying through the nose if you’re not diligent about switching companies at the end of your contract.

Long-Term Electricity Contract Advantages

With long-term contracts, you can kick back and relax.

You lock in a rate and enjoy the peace of mind that comes with long-term electricity contract stability.

Budget-Friendly

Long-term contracts are a budgeter’s best friend.

Your rate stays the same, making it easier to plan your finances.

Plus, you won’t have to think about shopping for a new plan for at least a year.

The Downside: Early Termination Fees

Before jumping into a long-term contract, remember that breaking it could cost you. Early Termination Fees (ETF) can be a couple hundred dollars if you aren’t careful.

Is a Short or Long-term Contract Better For You?

The short answer is that it depends. Unfortunately, there is no straightforward answer to tell you which will work best for you.

You’ll want to take a hard look at what you want from your electricity plan before deciding what type of contract you want to sign.

Most ComparePower customers choose 12-month fixed-rate electricity plans.

Your Next Steps

We’re not just another platform; we’re your ally in the quest for the perfect electricity plan.

Our user-friendly interface makes it easy to compare plans, and transparent pricing means you know exactly what you’re getting.

Compare rates and find your best plan today.

Contract Length FAQs

What time of year is electricity the cheapest?

Electricity prices in Texas fluctuate throughout the year, depending on demand.

Summer and winter see the highest electricity demand as people heat and cool their homes.

Conversely, spring and fall are usually when electricity rates are the lowest.

How long are energy contracts?

Energy contracts range in length from three months up to 36 months. The most common term lengths are 6, 12, 24, and 36 months.

Do I need to match my contract length to my lease?

There is no need to match your contract length to your lease. Instead, we recommend picking the contract length that gives you the best rate for your unique electricity usage.

Get help finding your best plan.

Call us at 855-441-3030 Monday through Friday, 8:30 a.m. to 6:30 p.m., or Saturday, 9:00 a.m. to 4:30 p.m.

Call a Power Advisor →

Smart Meter Texas

Author:

Graham Griffin

Editor:

Enri Zhulati

Any product or company names, marks, or logos shown on this page are the property of their respective owners. ComparePower is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Are you tired of unexpected electricity bills and feeling out of control with your energy consumption?

Smart Meter Texas (SMT) allows you to manage your electricity usage, find the best plans, and save big on your bills.

Combining the strengths of ComparePower with your data from Smart Meter Texas is the easy way to find your best electricity plan.

In this article, we’ll unravel the secrets of Smart Meter Texas and how it can revolutionize your energy management.

TL;DR: Smart Meter Texas is a free tool that provides detailed energy data, helping you manage electricity usage. With ComparePower’s tools and your data, you can easily find the best electricity plan for your home.

What is Smart Meter Texas?

Understanding Smart Meter Texas:

Smart Meter Texas is more than just a database; it’s your personal energy assistant.

By storing daily, monthly, and 15-minute interval energy data, SMT gives you quick access to your electricity use, meter information, and more.

It’s a joint venture owned and managed by major Texas electricity companies and endorsed by the Public Utility Commission of Texas.

Why You Should Use Smart Meter Texas:

Reading your meter might seem like a puzzle, but SMT simplifies everything.

With an account, you can view your electricity usage throughout the day, week, or month, making it easy to plan and reduce your usage.

Plus, you can accurately shop for Texas electricity rates on ComparePower, ensuring you choose the plan that will save you the most money.

How Smart Meter Texas Works: A Step-by-Step Guide

Viewing Your Usage with Smart Meter Texas:

With SMT, managing your energy consumption is a breeze.

In just 5 minutes, you can find your latest electricity bill, enter the required details, and view your 15-minute, daily, and monthly readings.

All you need is internet access and your electricity bill.

When and Who Should Use Smart Meter Texas?

Whether you want to reduce electricity usage during peak times or switch from your current provider, SMT has your monthly usage history ready.

Drop that usage into ComparePower’s tools, and you’ll see exactly what your bill will look like.

The savings might shock you.

Smart Meter Texas: Your Partner in Savings and Efficiency

Is Smart Meter Texas Free?

Yes, Smart Meter Texas is a free service provided by the Public Utility Commission of Texas and the electricity industry in Texas.

It lets you access your smart meter data, view your energy usage patterns, and track your electricity consumption.

How Can I Speak to a Representative at Smart Meter Texas?

Need assistance? You can call the Smart Meter Texas customer service hotline at 1-844-217-8595.

Take Control with ComparePower: Your Next Steps

Start Saving on Your Texas Electricity Bill:

Ready to take control of your energy consumption?

Use Smart Meter Texas to find when your usage peaked and plan to reduce electricity usage during those times.

ComparePower is here to help you shop confidently, knowing you are getting the best plan for your home in just a few minutes.

Conclusion:

Smart Meter Texas is not just a tool; it’s a pathway to smarter energy management, savings, and efficiency.

With ComparePower, you can leverage the power of Smart Meter Texas to find the best electricity plans tailored to your usage.

Don’t miss out on the opportunity to take control of your energy consumption.

Start using Smart Meter Texas today and discover the difference it can make.

Start saving on your Texas electricity bill.

Get help finding your best plan.

Call us at 855-441-3030 Monday through Friday, 8:30 a.m. to 6:30 p.m., or Saturday, 9:00 a.m. to 4:30 p.m.

Call a Power Advisor →

How to Read Your Electricity Meter

Author:

Graham Griffin

Editor:

Enri Zhulati

Any product or company names, marks, or logos shown on this page are the property of their respective owners. ComparePower is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Ever found yourself staring at your electricity meter, utterly puzzled about what those numbers and dials mean? You’re not alone.

But here’s the good news: by the end of this article, you’ll be able to read your meter like a pro.

We will demystify the process and show you how to calculate your electricity usage.

Plus, we’ll introduce you to ComparePower, your go-to platform for all things electricity in Texas. Ready? Let’s dive in!

TL;DR: There are several different types of electricity meters, but each one does the same thing. Once you learn how to read your meter, you can calculate your usage and find ways to save on electricity.

Unraveling the Mystery: How to Read Your Electricity Meter

Decoding the Standard Electric Meter

Standard electric meters, also known as analog meters, are common in many Texas homes.

These meters feature a series of dials that record the amount of energy used. To read them, stand directly in front of your meter, with the meter at eye level.

Each dial has ten numbers (0 – 9) and a pointer like a clock hand. Read the dials from right to left.

If a hand points between two numbers, always select the lower number. If the hand is between 0 and 9, choose 9.

Navigating the Digital Power Meter

Digital electric meters display your current energy usage on an LCD screen.

Reading these meters is straightforward: Read the numbers from left to right and write it down in the same order.

Every time the number increases, another kWh has been used.

Mastering the Smart Meter

Smart meters are becoming increasingly popular in Texas due to their ability to provide real-time information about energy usage.

To read a smart meter, look at the digital display. The number shown is your current meter reading.

Most smart meters also have a button that allows you to view your historical energy usage.

The Art of Reading a Dial Meter

Dial meters are a bit more complex but don’t worry, we’ve got you covered.

Each dial runs in the opposite direction of the one before it. If a hand points directly at a number, look at the dial to the right.

If it has passed zero, use the higher number.

How to Calculate kWh from Electric Meter Reading

Once you’ve read your meter, you can calculate your electricity usage by subtracting the previous reading from the current one. This will give you the number of kWh used during that period.

Understanding Your Electricity Bill

In Texas, your electricity bill is calculated based on the number of kWh used and the rate charged by your electricity provider.

The rate can vary depending on your plan and the time of day when the electricity is used.

Why Choose ComparePower?

ComparePower is your one-stop platform for all your electricity needs in Texas.

We provide a comprehensive list of electricity plans from various providers, allowing you to compare rates and choose the best plan for your needs.

With ComparePower, there are no hidden fees or surprise charges. What you see is what you get.

We understand that every household has unique energy needs, and we’re committed to helping you find the perfect plan that fits your lifestyle and budget.

Take Control of Your Energy Consumption

Understanding how to read your electricity meter is the first step to taking control of your energy consumption.

With this knowledge, you can monitor your usage, make informed decisions about your energy use, and potentially save on your utility bills.

Ready to take the next step?

Remember, every kWh counts, so start reading your meter today and take control of your energy consumption with ComparePower.

Electricity Meter FAQs

An electric meter is a device that measures your electricity usage. It is usually located where electricity enters your home through power lines, and you can read your usage to help lower your electricity bill.

All meters work similarly to the mileage on your car and record the total amount of power your residence or business has used since the meter was installed.

Your electric meter might seem like a foreign object on the side of your home or apartment, but modern smart meters make it easy to understand your energy usage.

With these meters, you can quickly get a real-time readout of your electricity usage, calculate your yearly averages, and find easy ways to conserve energy and save money.

Get help finding your best plan.

Call us at 855-441-3030 Monday through Friday, 8:30 a.m. to 6:30 p.m., or Saturday, 9:00 a.m. to 4:30 p.m.

Call a Power Advisor →

How Average Billing Works

Author:

Graham Griffin

Editor:

Enri Zhulati

Any product or company names, marks, or logos shown on this page are the property of their respective owners. ComparePower is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Have you ever been surprised by an unexpectedly high electricity bill?

It’s a common experience for many Texas residents, given the state’s extreme weather fluctuations.

But what if there was a way to make your electricity bills more predictable? That’s where average billing comes in.

TL;DR: Average billing is a system that calculates your average energy usage over the past 12 months and charges you that amount each month. It’s designed to smooth out the peaks and valleys in your energy bills, making them more predictable. However, it’s not a one-size-fits-all solution.

What is Average Billing?

Average billing is a billing method designed to keep your electricity bills consistent, regardless of the season.

Instead of paying for the exact amount of electricity you use each month, which can vary significantly, average billing calculates your average usage over the past 12 months and charges you that amount.

This method helps to even out your energy costs, making budgeting easier.

How Does Average Billing Work?

The process of average billing involves calculating the average energy usage over the past 12 months.

This average is then billed to the customer each month. If a customer uses more energy than the average in a given month, the difference is added to a deferred balance.

Conversely, if a customer uses less energy than the average, the difference is subtracted from the deferred balance.

This balance is periodically reviewed and adjusted to ensure that it doesn’t become too large.

Average Billing vs Regular Billing

Regular billing can be unpredictable, with your bill going up and down each month based on your actual usage.

On the other hand, average billing provides a more consistent monthly bill.

However, it’s important to note that with average billing, you’re still responsible for all the electricity you use – it just spreads the cost out more evenly.

The Pros and Cons of Average Billing

Average billing offers several benefits, including predictable bills that make budgeting easier.

However, it also has its drawbacks. For instance, you could end up with a deferred balance if you consistently use more energy than your average.

And if you decide to stop average billing, you’ll need to pay off that balance.

Alternatives to Average Billing

While average billing can be a great tool for managing your electricity costs, it’s not the only option.

You could also consider creating your own average billing plan by setting aside money during months of low usage to cover higher bills during months of high usage.

Another option is to look into plans that use bill credits to help offset the cost of higher usage.

Is Average Billing Worth It?

Whether average billing is worth it or not depends on your individual circumstances.

If you value predictability and ease of budgeting, average billing could be a great fit.

But if you’re a low-energy user, or if you’re not keen on tracking a deferred balance, you might prefer regular billing.

How to Switch to Average Billing

If you decide that average billing is for you, the next step is to make the switch.

This usually involves contacting your electricity provider directly and requesting to switch to average billing.

Keep in mind that you’ll need to pay off any deferred balance when you switch.

Why Choose ComparePower?

ComparePower is here to make your electricity shopping experience as straightforward as possible.

We help you compare plans from different providers, so you can find the one that best fits your needs.

And if you have questions about average billing or anything else, our friendly, Texas-based team is always ready to help.

Historical Usage Shopping

At ComparePower, we also offer the option of shopping with your home’s historical usage profile. This can help you compare energy plans more accurately and find the best deal for your specific usage patterns.

Take Control of Your Electricity Bills with ComparePower

Average billing can be a useful tool for managing your electricity costs, but it’s not the only option.

Whether you choose average billing or regular billing, ComparePower is here to help you find the best electricity plan for your needs.

Start comparing plans today and take control of your electricity bills.

Average Billing FAQs

Are you wondering if average billing is worth it?

The unfortunate side of average billing is that you don’t end up saving any money at all. Each month your electricity provider adjusts your bill to smooth out any spikes in usage.

Say it’s March, and you get surprised with some great weather. The clouds blow away, and you wear shorts and t-shirts for a week, so you crank up the air conditioning.

You enjoyed the sun, got a tan, and now you have extra electricity charges you haven’t paid for. The difference between your average bill and your actual charges is set aside in a deferred balance.

Your provider is happy to keep track of anything you owe them and ensure you don’t underpay, regardless of the difference.

If you use less electricity, you can end up with a negative balance or a credit on your account. When your contract ends, your provider will apply for any credit on your account to your last bill.

At the end of the year, you’ve still paid for all of your electricity usage and haven’t saved a dime.

Average billing is a great option for someone looking for a stable electricity bill throughout the year and isn’t afraid of keeping an eye on it.

If you have a good understanding of your usage and are stable in your home, keeping an eye on your deferred balance should be easy to avoid surprises at the end of your contract.

You’ll have an easier time planning out your monthly finances without worrying about what the weather is doing.

Stable electric bills could also be great for someone on a fixed income. You’ll have more consistent bills and won’t have to guess when planning your finances.

Considering a new pool or maybe an electric vehicle in the future? You’ll want to wait on average billing if you think your usage patterns will change.

A big change in your usage can lead to underpayment on your bill and a big deferred balance. You could be stuck with a massive bill to settle anything you owe to your provider at the end of your contract.

Get help finding your best plan.

Call us at 855-441-3030 Monday through Friday, 8:30 a.m. to 6:30 p.m., or Saturday, 9:00 a.m. to 4:30 p.m.

Call a Power Advisor →

Electricity Contracts: Know the Facts Before You Sign

Author:

Graham Griffin

Editor:

Enri Zhulati

Any product or company names, marks, or logos shown on this page are the property of their respective owners. ComparePower is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Are you tired of feeling lost and overwhelmed when it comes to choosing an electricity plan in Texas? You’re not alone.

The world of electricity contracts can be confusing, but it doesn’t have to be.

In this guide, we’ll demystify electricity contracts, giving you the insights you need to make informed decisions.

Whether you’re considering 12-month energy contracts, 24-month electricity plans, or even 36-month electricity contracts, we’ve got you covered.

TL;DR

Know Your Contract: Understand the terms, Electricity Facts Label (EFL), and your rights.
Choose Wisely: From short-term electricity plans to long-term contracts, know what suits you.
Avoid Pitfalls: Don’t let your contract expire and overpay. ComparePower is here to help.

Understanding Electricity Contracts

Electricity contracts are legal agreements between you and your energy retailer.

They include details about charges, terms of service, and your rights as a consumer.

Understanding these elements can help you choose the best energy plan and avoid surprises on your bill.

Reading the Fine Print: EFL, TOS, and YRAC

The Electricity Facts Label (EFL), Terms of Service (TOS), and Your Rights as Consumer (YRAC) are crucial documents in your contract.

They provide standardized information about charges, obligations, and protections.

ComparePower ensures you have access to these details, making your decision-making process seamless.

The EFL

The first document you must understand in your contract is the Electricity Facts Label (EFL), one of the most vital parts.

The Public Utilities Commission of Texas (PUCT) mandated that all electric companies provide standardized information about their contracts via the EFL.

In the EFL, you will find information on the charges for your electricity, including the cost per kilowatt-hour (kWh) and any extra fees associated with the production and distribution of electricity.

Learn how to read your Electricity Facts Label.

Terms of Service

Next, read and understand the Terms of Service (TOS). This is the legally binding part of your contract.

It is similar to the terms and conditions you agree to when using other products and will give you information about the obligations both parties must fulfill.

Your Rights as a Consumer

Finally, you’ll find “Your Rights as a Consumer” (YRAC).

This document details federal protections in place, like the company’s responsibility to not discriminate based on gender, race, religion, and other rights you have.

This can include your right to privacy or the company’s obligation to notify you of certain changes and seek your consent when necessary.

Navigating Contract Lengths

Short-term Electricity Plans: Flexibility at a Cost

Short-term contracts, lasting less than a year, offer flexibility but can be risky. Prices fluctuate, and renewing at an inopportune time, like the hot Texas summer, can be costly. ComparePower recommends 12-month plans for a balance between affordability and convenience.

Long-term Contracts: Stability and Savings

Long-term electricity contracts, ranging from 12 to 36 months, allow you to lock in a rate and budget effectively. They often come with lower charges, but be mindful of early termination fees.

Fixed-Rate vs. Variable-Rate Electricity Contracts

Fixed-Rate Electricity Contracts: Predictable and Popular

Most Texans prefer fixed-rate plans, where the rate remains the same throughout the contract. It leads to more predictable bills, aligning with ComparePower’s commitment to transparency and ease.

Variable-Rate Electricity Contracts: A Gamble with Rewards

Variable-rate plans let you pay market prices, saving when rates drop but paying more when they rise. It requires daily control of usage, but ComparePower can guide you in making the best choice.

Which is better: Fixed-Rate vs Variable-Rate Electricity

Additional Considerations: Green Options, Deposits, and More

From 100% Green plans and Free Nights & Weekends to avoiding deposits, ComparePower helps you navigate additional features and requirements.

We’re here to assist you in finding a no-deposit plan quickly and efficiently.

Contract Expiration

Make sure your contract does not expire. Not doing anything is by far your most expensive option.

You’re automatically put on a holdover rate when your contract expires, fluctuating based on market conditions, resulting in unexpectedly high electricity bills.

Set a reminder here, and we will notify you when it’s time to switch.

Contract Renewal Cycle

Generally, you want to avoid contracts with short or odd-numbered terms as these will expire when electricity demand is at its peak and prices are high.

Learn how electricity contract renewals work in Texas.

Canceling an Electricity Contract

You can cancel anytime, but early termination fees may apply. Moving out lets you cancel your contract without fees.

Take Action

Ready to take control of your energy future?

ComparePower is your trusted partner in finding the best electricity contracts for your home.

Don’t let confusion hold you back. Compare rates, make an informed decision, and enjoy the power to choose with ComparePower.

Electricity Contract FAQs

Will I lose power if my electricity contract expires?

No, you will not lose power if your electricity contract expires.

Your current provider will continue to provide power to you, but at a high rate, called a holdover rate.

Do not let your contract lapse. Shop with your home’s historical usage on ComparePower and find the right plan for your home in 10 minutes.

Can I cancel an electricity contract?

You can easily cancel your electricity service by calling your electricity provider when you move out. Early termination fees do not apply when moving out.

If you are looking to switch providers, you have 14 days before the end of your contract to switch providers without penalty.

If you just switched companies, you can cancel within three days by contacting the company directly.

Cancellations are possible at any time, but switching providers before the end of your contract may result in an early termination fee.

Get help finding your best plan.

Call us at 855-441-3030 Monday through Friday, 8:30 a.m. to 6:30 p.m., or Saturday, 9:00 a.m. to 4:30 p.m.

Call a Power Advisor →

How to Read Your Electricity Facts Label

Author:

Graham Griffin

Editor:

Enri Zhulati

Any product or company names, marks, or logos shown on this page are the property of their respective owners. ComparePower is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Ever found yourself scratching your head while looking at your Electricity Facts Label (EFL)?

You’re not alone. But fear not, we’re here to help.

By the end of this article, you’ll be an EFL expert, ready to make the most informed energy choices for your home or business.

TL;DR: The EFL is a document that breaks down the details of your electricity plan. It includes the energy rate, average rate, base charge, delivery charges, contract length, type of plan, early termination fee, and renewable energy percentage.

The EFL: Your Roadmap to Understanding Electricity Plans

The EFL is more than just a piece of paper. It’s a roadmap to understanding your electricity plan.

It’s like the nutrition facts on your favorite snack but for your energy consumption. It tells you what you’re getting, how much it costs, and the terms of your agreement.

Digging Into the Details of EFLs

An EFL is usually divided into three sections that outline the pricing structure for the plan, any disclosures made by the provider, and the provider’s contact information.

EFL - Electricity Facts Label — Sample Electricity Facts Label

Average price per kWh: The first thing you’ll notice on an EFL is a chart showing the average price of electricity depending on the average monthly usage in kilowatt-hours (kWh).

It displays the average price per kWh charged if you use 500, 1000, or 2000 kWh per month.

Remember that this is only an example of what your payments may look like if you utilized those EXACT amounts of energy.

Base charge: The base charge is a cost that some companies will charge in addition to your monthly consumption.

Most plans have a base charge of five to ten dollars, but you should be wary of plans with higher base charges.

Energy charge: The energy charge is the rate at which your energy provider bills you for your electricity usage.

It does not account for your usage levels and is the baseline for what you would be charged for each kWh of electricity you use.

Bill and usage credits: Bill or usage credits are also included in the pricing part of EFLs.

These look like a discount on your bill when you use a certain amount of electricity.

TDU delivery charges: The last price section you should look at is the Transmission and Distribution Utility (TDU) charges.

These tell you any additional charges your utility company will add to your bill. TDU pricing in Texas is regulated and can only be altered twice a year.

Product disclosure: The disclosure part informs you of the type of energy plan you are enrolling in.

A fixed-rate plan maintains the same rate for your energy usage throughout the contract.

A variable-rate plan means that your supplier can adjust your pricing each month.

Contract term: The contract term tells you how long your electricity contract will last.

If you’re new to comparing Texas power and moving into a rental or an apartment, you don’t have to match your electricity contract with your lease.

Termination fee: If you want to cancel your service before the end of your contract period, you may be charged a termination fee.

Some companies will charge a flat fee, while others will charge based on the time left in your contract.

Price Changes: This indicates whether or not your provider can adjust the monthly fee you pay.

These adjustments typically reflect changes in TDU rates or administrative costs levied by the Electric Reliability Council of Texas (ERCOT).

Pre-payment or advance payment: This tells you if your plan allows for prepayment or payment in advance.

Renewable content disclosure: The final section tells you if renewable sources generate your electricity.

Getting in touch: The final portion of an EFL contains all the contact information for the service provider in charge of that plan.

The ComparePower Advantage

At ComparePower, we take the guesswork out of comparing electricity plans.

Our user-friendly platform allows you to filter and sort plans based on your specific needs.

Whether you’re looking for a plan with no base charge, a plan with 100% renewable energy, or a plan with a specific contract length, we’ve got you covered.

The Bottom Line

Understanding your EFL is the first step to making informed energy choices.

With ComparePower, you have a trusted partner to guide you through the process.

So why wait? Start comparing electricity plans today and take control of your energy costs.

Ready to find your best energy plan and rate?

EFL FAQs

What is an Electricity Facts Label

The Electricity Facts Label (EFL) is a legal disclosure mandated by the Public Utility Commission of Texas (PUCT) that must be included with all energy plans. Amongst other factors, the EFL displays the average price per kWh charged if you use 500, 1,000, or 2,000 kWh per month.

Where can I find the Electricity Facts Label?

The Electricity Facts Label comes with every energy plan in Texas. On ComparePower, you can view the plan details for any plan you choose in our marketplace. Your energy provider can also send you a copy of your current EFL upon request.

What is the cost of electricity outside of the advertised 500, 1000, or 2000 kWh in Texas?

The Electricity Facts Label only discloses your price for 500, 1000, or 2000 kWh. To get the price for any other usage value, visit ComparePower.com – We fix the EFL in Texas by allowing you to shop energy plans for any usage or with your home’s specific annual usage profile. Fully transparent electricity shopping is available.

Get help finding your best plan.

Call us at 855-441-3030 Monday through Friday, 8:30 a.m. to 6:30 p.m., or Saturday, 9:00 a.m. to 4:30 p.m.

Call a Power Advisor →

How to Read Your Electricity Bill in Texas

Author:

Graham Griffin

Editor:

Enri Zhulati

Any product or company names, marks, or logos shown on this page are the property of their respective owners. ComparePower is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Are you tired of being surprised by your electricity bill every month?

Do you wish you could understand what all those charges mean? You’re not alone, and we’re here to help.

In this guide, we’ll explain how to read your electricity bill, the energy and utility charges, and more.

By the end, you’ll have a clear understanding of your electricity bill and be able to make informed decisions about your energy consumption.

TL;DR: Your bill is broken down into energy and Transmission and Distribution Utility (TDU) charges. Check for plan, usage, and TDU fee changes if you’re stuck with a surprisingly high bill.

Unraveling Bill Mysteries

Your electricity bill can be confusing, especially if it’s higher than expected.

Here’s how to read your electric bill and find out what’s causing those spikes:

Average kWh: Compare your usage to previous months to identify seasonal changes.
Energy Charge: Understand how rates can change based on your usage.
TDU Charge: Check for regulatory changes that might affect your bill.
Plan Changes: Look for unexpected changes in your plan that might increase costs.

How to Read Your Electricity Bill

Your electricity bill is broken down into five main sections:

Account Information: Key details like your account number and ESI ID.
Bill Summary: An overview of current charges, including energy cost, supply fees, and taxes.
Energy Consumption: A comparison of current and previous month’s usage in kilowatt-hours (kWh).
Charges Breakdown: Detailed information on delivery and energy charges.
Electricity FAQs: Common questions about electricity billing in Texas.

Sample Electricity Bill

How to read electric bill Page 1 — **Front page – sample electricity bill**

how to read electricity bill — **Back page – sample electricity bill**

ComparePower: Your Electricity Solution

All-Inclusive Pricing: Get accurate pricing that includes all charges you’ll see on your bill.
Easy Comparison: Compare rates and save money on your next power bill.
Energy-Saving Options: Learn how to avoid high electricity bills and find the best electricity rate per kWh.

Addressing Your Concerns

Worried about high bills? ComparePower helps you find inconsistencies and avoid overcharges.
Confused about charges? We provide a clear breakdown of utility charges on your electric bill.
Looking for a better plan? ComparePower helps you find the best energy-saving plans.

Don’t Miss Out

Without ComparePower, you might end up paying more than you need to.

You could miss out on understanding your electricity bill, leading to unexpected costs and less control over your energy consumption.

Take Action Now

Understanding your electric bill in Texas doesn’t have to be a daunting task.

From electric bill breakdowns to energy-saving options, we’re here to guide you every step of the way.

Choose ComparePower today and take the confusion out of your electricity bill. Your path to understanding starts here.

Electricity Bill FAQs

How is electricity billed in Texas?

In Texas, electricity consumers are billed by their electricity providers. Customers are charged for both the electricity used (energy charge) and the electricity (utility charge) delivery.

How do I read my electric bill?

You need to check the total usage and then the breakdown of the costs being charged. We’ll show you how to calculate the prices you paid and verify if they’re correct.

Is the bill provided by the utility or provider?

In deregulated areas of Texas, the bill for your energy usage is provided by the energy company you have chosen.

Texas has a deregulated energy market, which means you have the power to choose your energy supplier based on your preferences and budget.

The utility company in Texas is responsible for the physical delivery of electricity to your home or business via wires and poles. Utility charges are passed through on your energy bill.

Utility charges cover the cost of delivering electricity or gas to your home or business and maintaining the energy infrastructure.

On your bill, you will typically see utility charges itemized separately from the energy supply charges.

Get help finding your best plan.

Call us at 855-441-3030 Monday through Friday, 8:30 a.m. to 6:30 p.m., or Saturday, 9:00 a.m. to 4:30 p.m.

Call a Power Advisor →

Month-to-Month Electricity

Author:

Enri Zhulati

Editor:

Ryan Hatch

Any product or company names, marks, or logos shown on this page are the property of their respective owners. ComparePower is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Month-to-Month Electricity in Texas: Your Complete Guide

Hey there, Texas! Tired of being shackled to long-term electricity contracts?

Want the freedom to switch providers without the hassle? You’re in the right place!

This article is your go-to guide for everything you need to know about month-to-month electricity.

Stick around, and we promise you’ll walk away with valuable insights that could change the way you think about your electricity plans.

TL;DR: Month-to-month electricity plans offer you the flexibility to switch providers without any long-term commitments. They’re perfect for those in transitional phases of life or those who want to avoid hefty deposits.

Why Month-to-Month Electricity is a Game-Changer

Long-term contracts can feel like a ball and chain, especially when your life circumstances change.

Fixed-rate plans lock you into a payment schedule for 6 to 36 months, and breaking free can be a hassle.

Enter month-to-month electricity plans!

These plans give you the liberty to switch providers whenever you want.

No more feeling stuck! And the best part?

You can find cheap month-to-month electricity options right here on ComparePower.

What You Need to Know

What is month-to-month electricity?

Month-to-month electricity is a type of energy plan that doesn’t require a long-term contract.

Instead of committing to a fixed rate for an extended period, you pay for your electricity usage on a month-by-month basis.

This offers flexibility and the freedom to switch providers or plans at any time without incurring early termination fees.

How does month-to-month electricity work?

With a month-to-month plan, your rate can change each billing cycle based on current market conditions.
Here’s how it typically works:

1. You sign up for a plan without a long-term contract.
2. Each month, you’re billed based on your usage and the current rate.
3. You have the freedom to switch plans or providers at any time, usually with little to no notice required.

If you’re unhappy with your current rate, you can shop around for a better deal without waiting for a contract to expire.

Is Month-to-Month Electricity More Expensive?

Many people assume that month-to-month plans are always more expensive than long-term contracts.

While it’s true that they can be pricier in some cases, it’s not a hard and fast rule. Here’s what you need to know:

– Variable rates: Month-to-month plans often have variable rates that can fluctuate with market conditions. This means your rate could go up or down from month to month.
– Seasonal changes: During peak seasons (like hot Texas summers), rates on month-to-month plans might be higher than fixed-rate plans.
– Potential savings: If you’re savvy about switching when rates are favorable, you could potentially save money with a month-to-month plan.
– No early termination fees: Even if rates are slightly higher, you avoid the risk of paying hefty early termination fees if you need to cancel a long-term contract.

The key is to stay informed about market trends and be ready to switch when better rates become available.

With ComparePower, you can easily monitor and compare rates to ensure you’re always getting the best deal.

Pros and Cons of Month-to-Month Electricity Plans

Like any energy option, month-to-month plans have their advantages and disadvantages. Let’s break them down:

Pros:

Flexibility to switch providers or plans at any time
No long-term commitment
Ability to take advantage of lower rates when market prices drop
Ideal for short-term living situations or those uncertain about future plans
Often available with no deposit options

Cons:

Rates can fluctuate, potentially leading to higher bills during peak seasons
Requires more active management and monitoring of rates
May have slightly higher rates compared to some long-term fixed-rate plans
Less predictable for budgeting purposes

Month-to-Month Electricity with No Deposit: Is it Possible?

Yes, it is! Many people think that month-to-month plans always require hefty deposits. Not true!

With ComparePower, you can find month-to-month electricity no deposit options that suit your needs.

No-deposit plans are especially beneficial for:

Those with less-than-perfect credit
Renters
Students
Anyone looking to avoid upfront costs

When Does Month-to-Month Electricity Make Sense?

Month-to-month electricity plans can be ideal in several situations:

Transitional periods: If you’re between roommates or just had tenants leave your rental, a month-to-month plan could easily cover that transition period until you find stability.
Credit concerns: If you’re worried about your credit score affecting your ability to get electricity, month-to-month plans often have more lenient requirements.
Avoiding deposits: Many month-to-month plans offer no-deposit options, helping you avoid large upfront costs.
Short-term residents: If you’re not planning to stay in one place for long, these plans offer the flexibility you need.
Market speculators: If you enjoy following energy markets and want to take advantage of price dips, month-to-month plans allow you to do so.

Remember, you’ll need a good understanding of your monthly usage and a plan to keep track of the rate you’re charged each month to make the most of these plans.

Your Electricity Ally

Searching for electricity plans without ComparePower is like navigating a maze blindfolded.

You could end up with a plan that doesn’t suit your needs or, worse, paying more than you should.

We’re committed to helping you find the best month-to-month electricity Texas offers.

Your Electricity, Your Rules

Life is too short to be tied down by long-term contracts.

With month-to-month electricity, you have the freedom to live life on your terms.

And with ComparePower, finding the perfect plan is easier than ever.

So what are you waiting for? Make the switch today and experience the freedom of month-to-month electricity in Texas!

Next Steps: Your Path to Freedom

Ready to make the switch? Just enter your zip code, and you’ll find a list of the best month-to-month electricity plans tailored for you.

Don’t wait for your current contract to become a burden. Take control of your electricity needs today.

Choose ComparePower for all your month-to-month electricity shopping needs in Texas.

Compare Month-to-Month Plans and Enroll in 5 Minutes

Month-to-Month Electricity FAQs

Do month-to-month electricity rates fluctuate?

Yes, month-to-month electricity rates can fluctuate based on market conditions. These plans typically have variable rates that can change from month to month.

While this means your rate could increase during high-demand periods, it also means you could benefit from lower rates when market prices drop.

Is month-to-month electricity the best option for renters?

Month-to-month electricity can be an excellent option for renters, especially those who move frequently or are in short-term living situations.

The flexibility to switch or cancel without penalties aligns well with the often unpredictable nature of renting.

However, if you’re in a stable, long-term rental situation, you might want to compare both month-to-month and fixed-rate plans to see which offers the best value for your specific circumstances.

Who offers the best month-to-month electricity plans?

The “best” plan varies depending on individual needs and usage patterns.

Some top providers in Texas to check out include TXU Energy, Reliant Energy, and Gexa Energy.

Remember, the best way to find the right plan for you is to compare options with the tools right here on Compare Power.

How are variable and fixed rates priced in Texas?

Variable rates energy plans are generally higher than fixed-rate contracts in Texas.

Most Texans choose fixed-rate plans over variable-rate plans as they are more predictable and more manageable to budget.

Variable-rate plans are based on the current market price for electricity, which can fluctuate throughout the year.

A fixed-rate plan reflects the cost of electricity over 12 months, but the rates may be higher or lower than variable rates, depending on the time of the year.

Get help finding your best plan.

Call us at 855-441-3030 Monday through Friday, 8:30 a.m. to 6:30 p.m., or Saturday, 9:00 a.m. to 4:30 p.m.

Call a Power Advisor →

How to save money on your electric bills in 5 minutes (Video)

Author:

Brad Gregory

Editor:

Ryan Hatch

Any product or company names, marks, or logos shown on this page are the property of their respective owners. ComparePower is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Finding your cheapest electric rate, explained!

Looking to lower your electricity rate? This video shows you how to do it in record time with the help of ComparePower, a free service for electricity consumers in areas where they can choose who provides their energy.

Are you overpaying?

You probably know that comparing electric providers and signing up for a new rate plan can save you a lot of money.

But with all the tricky ads, teaser rates, and confusing terms, it’s hard to figure out which plan gives you the biggest bang for your buck.

Imagine taking these plans and boiling them down into the things that matter to you.

That’s what ComparePower helps you do. We provide a free resource for quickly finding your best electric rate without any headaches.

You can easily spend hours, even days, researching and comparing various electric providers when searching for your perfect plan, reading through the fine print, and decoding all the details.

With ComparePower, this process takes less than 10 minutes.

We’ve already done the homework, so you don’t have to make all the phone calls, wade through the gimmicks, and read countless documents searching for hidden fees.

We carefully evaluate the electric companies and find those with the best rates, terms, and customer feedback. We put their all-inclusive pricing into a simple format that’s easy to understand.

Know before you buy

Get an estimated monthly bill and total annual cost of ownership the second you enter your usage for every plan.

Updated 24 hours a day.

And after you’ve signed up, ComparePower keeps working.

We constantly lookout for changing rates, and we’ll alert you when it’s time to come back for a better deal.

Enter your zip code, compare your choices, and quickly land on your perfect plan.

Three steps to find your best plan

Enter your zip code, compare your options, and checkout confidence in your choice in as little as five minutes.

Get help finding your best plan.

Call us at 855-441-3030 Monday through Friday, 8:30 a.m. to 6:30 p.m., or Saturday, 9:00 a.m. to 4:30 p.m.

Call a Power Advisor →

Looking for your Best Sharyland Electricity Rate? Instantly compare providers and pricing.

Author:

Brad Gregory

Editor:

Ryan Hatch

Any product or company names, marks, or logos shown on this page are the property of their respective owners. ComparePower is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.

Deregulation is a game changer. Do you really want to gamble with the price you’ll pay for your electricity?

Are you rolling the dice to get a cheap electric rate in the newly deregulated Sharyland Service area?

Some Sharyland electricity service areas (specifically Brady, Celeste, Colorado City, and Stanton service areas) have been deregulated, leaving you with many questions…

“Do I have to go with a retail provider?”

“How can I find the cheapest electricity rates in my area?”

Deregulation does involve a learning curve. You will need to be more proactive and involved in your billing management because it’s not just one company anymore.

The saying goes, “When there’s only one dealer, it’s house rules.” That meant you got the bill, you paid it, and that’s all there was to it. A regulated industry meant Sharyland Utilities did the controlling. You had no say in anything, much less over how much you paid.

Deregulating certain Sharyland electricity service areas means a huge amount of upheaval at the beginning. At the same time, everybody gets sorted out, but ultimately, Sharyland electricity providers that provide a superior service at an excellent rate will rise while those who don’t won’t.

It also means that you have more power as a customer to choose:

a company based on how much green energy they use
a company that does not import power from outside the state or the company
a fixed-rate plan that sets the rate for a period of time regardless of how the industry is performing.
a short-term or month-to-month plan so you’re not locked in

In the end, Sharyland electricity will be available to all residents of the deregulated Sharyland electricity service area at a rate they can afford.

Here’s where you gamble with Sharyland electricity rates

Las Vegas, Nevada, is famous for its electricity: the energy, the excitement, the entertainment, and, naturally, the gambling. When you go to Vegas, you bring along a budget for gambling, ideally money you can afford to lose, and you rarely go as a special trip.

At home in Texas, “electricity” is something else entirely: it’s your favorite TV show, a home-cooked meal, and a cool home on a hot day. Are you okay gambling with your household budget every month? Now that you live in a Sharyland electricity service area that has been deregulated, you just might be doing that!

Up to now, you’ve been dealing with one company for all your power-generating and distribution needs. Under deregulation, Sharyland Utilities, while still around, is more in the back seat:

Problem with the electricity coming to your home? Call Sharyland Utilities.
Problem with the bill? Call your Retail Electric Provider (also called an “REP”).
Problem with the electricity inside your home? Well, that’s when you call an electrician.

Under the rules of deregulation, staying with Sharyland Utilities isn’t an option. If you fail to choose an REP, then one will be chosen for you. This is like you in a Las Vegas casino handing your cards over to the dealer for play. Maybe you’ll benefit… probably you won’t.

The available pool of default electric providers consists of seven candidates, ranging from Champion, who topped J D Power and Associates’ 2013 Customer Satisfaction poll for Texas energy providers (that’s the fourth year running!) down to TXU, currently down near the bottom and notorious for their high prices.

When you are assigned to a default REP, you’re put on a month-to-month plan, meaning that your rate will go up and down and you won’t actually know how much you’re being charged per kilowatt-hour until you open the bill. You won’t know if there is a charge for not having autopay on your account, for using telephone customer service, for paying by credit or debit card, all kinds of fun things could show up on the bill – “Ladies and gentlemen, faites vos jours!”

So, how do you find the cheapest electricity rates in the Sharyland electricity service area?

But how would you even go about finding the cheapest electricity rates in Brady, Celeste, Colorado City, Stanton, Mission, McAllen, etc?

You could get the list of default REPs.
You could take time out of your day to call each and every one
You could put up with high-pressure sales tactics, customer services agents still fresh on the job, and misleading information
You could hope that you’ve covered all the information you need to know
You could hope you’re making the right choice.

On the other hand, you could enter your zip code, make a couple of quick clicks, and immediately see the REPs that are available in your area and that will suit your needs.

You’ll have access to the Terms of Service and the Facts Label. Read them carefully and you’ll have all the information you need to know. Better yet, you’ll see clearly where you need to question them more closely (hint: look for phrases like “other fees or charges may apply”). The cheapest electricity rates in the Sharyland electricity service area will be a lot quicker to find if you know how to avoid wasting time calling those who simply will not suit.

Don’t let someone else make your play for you. Enter your zip code to get the pricing and plan details you need for a winning strategy.

Get help finding your best plan.

Call us at 855-441-3030 Monday through Friday, 8:30 a.m. to 6:30 p.m., or Saturday, 9:00 a.m. to 4:30 p.m.

Call a Power Advisor →

Category: Energy Made Easy

Short-Term vs. Long-Term Electricity Contracts

Your Life, Your Choice

Short-Term Electricity Contract Benefits

But Wait, There’s a Catch

Long-Term Electricity Contract Advantages

Budget-Friendly

The Downside: Early Termination Fees

Is a Short or Long-term Contract Better For You?

Your Next Steps

Contract Length FAQs

What time of year is electricity the cheapest?

How long are energy contracts?

Do I need to match my contract length to my lease?

Is this Page Helpful?

What is Smart Meter Texas?

How Smart Meter Texas Works: A Step-by-Step Guide

Smart Meter Texas: Your Partner in Savings and Efficiency

Take Control with ComparePower: Your Next Steps

Is this Page Helpful?

Unraveling the Mystery: How to Read Your Electricity Meter

Decoding the Standard Electric Meter

Navigating the Digital Power Meter

Mastering the Smart Meter

The Art of Reading a Dial Meter

How to Calculate kWh from Electric Meter Reading

Understanding Your Electricity Bill

Why Choose ComparePower?

Take Control of Your Energy Consumption

Electricity Meter FAQs

Is this Page Helpful?

What is Average Billing?

How Does Average Billing Work?

Average Billing vs Regular Billing

The Pros and Cons of Average Billing

Alternatives to Average Billing

Is Average Billing Worth It?

How to Switch to Average Billing

Why Choose ComparePower?

Historical Usage Shopping

Take Control of Your Electricity Bills with ComparePower

Average Billing FAQs

Is this Page Helpful?

Understanding Electricity Contracts

Reading the Fine Print: EFL, TOS, and YRAC

The EFL

Terms of Service

Your Rights as a Consumer

Navigating Contract Lengths

Fixed-Rate vs. Variable-Rate Electricity Contracts

Additional Considerations: Green Options, Deposits, and More

Contract Expiration

Contract Renewal Cycle

Canceling an Electricity Contract

Take Action

Electricity Contract FAQs

Will I lose power if my electricity contract expires?

Can I cancel an electricity contract?

Is this Page Helpful?

The EFL: Your Roadmap to Understanding Electricity Plans

Digging Into the Details of EFLs

The ComparePower Advantage

The Bottom Line

EFL FAQs

What is an Electricity Facts Label

Where can I find the Electricity Facts Label?

What is the cost of electricity outside of the advertised 500, 1000, or 2000 kWh in Texas?

Is this Page Helpful?

Unraveling Bill Mysteries

How to Read Your Electricity Bill

Sample Electricity Bill

ComparePower: Your Electricity Solution

Addressing Your Concerns

Don’t Miss Out

Take Action Now

Electricity Bill FAQs

How is electricity billed in Texas?

How do I read my electric bill?

Is the bill provided by the utility or provider?

Is this Page Helpful?