How to find the best electricity rates in Texas
Now that the energy market in Texas has been deregulated, millions of us in the Lone Star State have the power to choose a utility provider that best suits our home and business. However, you may find yourself overwhelmed by the dizzying number of options.
Depending on where you live in Texas, there may be dozens of different energy suppliers competing for your business. Many of these energy companies have websites that are confusing and nearly impossible to navigate, their fees and rates buried inside misleading advertising and confusing terms.
Who can spare the time to call around and sort through all the options spread from these different providers?
Looking for business electricity rates in Texas? Click here to find cheap electricity rates to power your business.
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The Best Energy Rates in Texas: A Sure-fire Way to Finding Them
Don’t let yourself become lost among all the choices being thrown at you in different advertisements. If you know what to look for, then discovering a solution to reducing your energy costs can be easy and even fun. Here’s two very important aspect of energy shopping that you need to consider in order to find the best energy rates in Texas:
1. Contract Term Lengths
Electricity providers in Texas offer a wide range of long and short-term plans. There isn’t one right answer for everyone.
Both locked-in contracts and monthly, no-contract plans have their respective advantages and disadvantages.
Long-term, fixed rate (contract) plans offer security and stability in pricing. If the price of energy suddenly goes up in your area, you won’t be left paying more than what you bargained for. However, if you wish to switch out of your contract and find a better deal before the end of the contracted term length, you’ll likely face a cancellation or early termination fee.
Monthly, variable rate (no-contract) plans don’t have cancellation fees. You won’t be penalized if you want to save more with another energy supplier. Plus, you won’t be stuck paying more than you should if the market rate for electricity trends down. However, if the market price trends upward, you’ll be paying more than those who are in-contract.
Do you want the security and peace-of-mind of a fixed rate plan or the flexibility and freedom of a variable rate plan?
ComparePower offers a free, unbiased service that makes shopping for utility plans easy. All the options offered by your local providers are in one place and you can filter and sort through them by contract term length, displaying the best plans with the best pricing according to your search preferences.
Ready to find the best plan for your Texas home? Enter your zip code to get started:
2. Average Usage Levels
Be aware! If you don’t know your average monthly usage level, you may be spending more than your fair share on electric costs.
The “average monthly usage level” refers to the amount of energy your household consumes in a given month. Energy companies will often advertise the rates associated with their highest usage levels, as those tend to be the lowest, even though most households do not consume nearly enough electricity to qualify for these reduced rates.
You need to compare only all-inclusive pricing from the different suppliers. ComparePower serves up this pricing information in a fair, unbiased, easy-to-read platform. You can filter, sort, and organize by pricing at your household’s electricity usage level. This lets you shop and compare electricity plans based on the rates you’ll actually experience on your bill, inclusive of those pesky fees and taxes.
You won’t be surprised or misled by the low rates associated with higher usage levels that many households never enjoy because their usage never reaches that pricing level.
Instantly compare plans and rates for multiple Texas electricity providers:
Cheap Business Electricity Rates in Texas
As a Texas business owner, you have a choice when it comes to your electricity provider. Take control of the energy budget to power your business with fixed-rate pricing. We’ll handle finding the cheapest electricity rate for you.
ComparePower bridges the gap between you and energy companies by inviting up to 30 energy providers to compete for your business.
Getting business electricity on ComparePower is simple and easy, and you have two options:
Option 1: Compare competing rates online and order instantlyShop Business Rates Online Now
Perfect for expected usage up to 50,000 kWh a month (~600,000 kWh a year). Compare rates from numerous providers instantly and place your order online in minutes.
Option 2: Custom rate quote for your businessGet a Custom Quote Now
Perfect if you expect to use over 50,000 kWh a month (~600,000 kWh a year) and want custom pricing and a dedicated expert to help you.
- Fill out the custom business energy quote form below (if you want phone-based support or you expect to use over 50,000 kWh a month (~600,000 kWh a year)
- A dedicated Commercial Energy Expert will be assigned to support your decision process and answer any questions you have.
- Compare up to 31 retail electricity provider plans and rates with your dedicated Commercial Energy Expert.
Get started now with a custom quote:
Your Chance to Save…
ComparePower is a service that acts on your behalf to level the playing on which the vast number of electric providers compete. You’ll find everything you need to know to find the best deals from the most respected, reputable providers in your area.
An average user of ComparePower saves more than 25% on their electric bills. Finding your lowest electric rate is free, fast, and simple.
Enter your zip code below to find the best electricity rates in Texas: