Tag: Switch & Save

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Lower Your High Electricity Bill in Texas

Are you tired of sky-high electricity bills? We’ll help you cut costs and keep more money in your pocket.

For the past 15+ years, Texans have asked us for guidance on understanding their electricity bills and finding ways to save.

Along the way, we’ve gained valuable insights into the most common reasons behind high bills and the most effective strategies and tools for lowering them.

The Bottom Line: Slash high bills by identifying energy hogs, improving efficiency, and comparing rates to find a better plan. We make it easy to find the best rates and switch providers in just a few clicks. Take control of your electricity costs today.

See How Your Electricity Rate Compares to the Best Deals in Your Area

Are you curious how your current electricity rate stacks up against the competition?

We’ve made it incredibly simple to determine if you’re overpaying on your electricity bills and how much you could save by switching plans.

Compare Your Current Bill to Market Rates in 30 Seconds

  1. Locate your most recent electricity bill and find the following information:
    • Your total monthly charges
    • Your electricity rate (price per kWh)
    • Your monthly kWh usage
  2. Enter your zip code below for your area’s most competitive, up-to-date electricity rates.
  3. Compare the rates and total charges of the plans displayed to your current bill.
    • If the rates shown are lower than your current rate, you may be overpaying for electricity.
    • If the total charges for your usage are lower than your current bill, switching plans could save you money.

Sample Electricity Bill

Sample Electricity Bill
Sample bill showing the Average Rate, Monthly kWh Usage, and Total Monthly Charges

How It Works

It’s simple – enter the kWh usage from your bill for a straightforward comparison of your potential savings.

Lower high electricity bills in Texas
Lower high electricity bills in Texas

Take Control of Your Electricity Costs

By comparing your current bill to the most competitive rates in your area, you can confidently determine if switching plans could lower your monthly expenses.

Don’t leave money on the table – enter your zip code now and see how much you could save on your electricity bills.

Check Your Savings Potential

Please note: If you are currently under a contract with your electricity provider, switching plans before your contract expires may result in an early termination fee. Review your contract terms carefully before making any changes to your service.

Causes of High Electric Bills

You’re not alone if you’re shocked by a high electricity bill. Many Texans experience bill spikes, especially during extreme weather months.

There are two leading causes of high electricity bills:

Increased Usage Due to Weather

  • Your heating and cooling systems work harder to maintain a comfortable indoor temperature during the hottest and coldest months.
    • This increased usage can cause your energy consumption to surge by 20% or more compared to milder months, leading to higher bills.

Expired Contracts and Holdover Rates

  • Some fixed-rate electricity contracts have terms designed to expire during high-usage months.
  • If you don’t take action to renew or switch plans when your contract ends, your provider will automatically move you to a “holdover” variable rate plan.
  • These holdover rates can be significantly higher than fixed rates, often leading to bills that double overnight.

In addition to these two primary factors, several other issues can contribute to high electric bills:

  • Aging, inefficient appliances that consume more energy
  • Inadequate insulation and air leaks lead to energy waste
  • Lifestyle changes, such as spending more time at home or adding new energy-consuming devices
  • Inaccurate billing or meter issues
  • Wasteful habits, like leaving lights on or setting the thermostat too low
  • Lack of regular HVAC maintenance, causing systems to work less efficiently

Understanding the causes behind your high bill is the first step toward finding a solution.

You can take targeted actions to reduce energy consumption and lower your bills by identifying the main culprits.

We can help you find better rate plans tailored to your specific usage patterns, ensuring you’re not overpaying for electricity.

Enter your zip code below to compare rates and find the best plan for your needs.

Get Rates Near You

Strategies to Lower Your High Electric Bill

The causes behind most electricity bill spikes can be narrowed down to two key factors: increased usage and expired contracts.

Manage Your Usage During Extreme Weather Months

  • During the hottest and coldest months, increased usage of heating and cooling systems can cause energy costs to skyrocket, often more than 20% higher than in milder months.
  • Implement strategic tweaks to reduce your energy consumption:
    • Adjust your thermostat slightly higher in summer and lower in winter to trim 15% or more from your heating and cooling costs each billing cycle.
    • Use ceiling fans to circulate conditioned air more efficiently.
    • Close blinds and curtains during the hottest parts of the day in summer and open them to let in natural heat during winter.

Be Proactive About Contract Expirations

  • Some fixed-rate electricity contracts have terms designed to expire during high-usage months.
  • Suppose you don’t renew or switch plans when your contract ends. In that case, your provider will automatically move you to a “holdover” variable-rate plan, leading to unpredictable rate hikes and bills that double overnight.
  • Protect yourself against these price spikes by locking in a new fixed-rate contract before your term expires.

Compare Rates and Switch Providers

  • If your contract expires soon or has recently expired, enter your zip code below to see how much you can save based on the lowest rates available for your home.
  • Use ComparePower’s user-friendly platform to compare rates from multiple providers and switch to a more affordable plan that fits your usage patterns.

Implement Energy Efficiency Measures

  • Replace old appliances with ENERGY STAR-certified models to reduce energy consumption.
  • Improve your home’s insulation and seal air leaks to minimize energy waste.
  • To reduce lighting costs, switch to smart lighting solutions, such as LEDs, dimmers, and motion sensors.

Adopt Energy-Saving Habits

  • Turn off lights and electronics when not in use.
  • Use smart power strips to eliminate standby power consumption.
  • Maximize the use of natural light and ventilation when possible.
  • Use Smart Meter Texas to monitor your usage and adjust consumption.

Understanding the causes of high electric bills and implementing these strategies can significantly reduce your electricity costs regardless of the time of year.

Switch Electricity Providers in 5 Easy Steps

If you haven’t switched providers in a while or your contract has expired, switching to a new provider with a lower rate can be the quickest way to save on your electricity bill.

Follow these five simple steps to switch providers and potentially lower your electricity costs:

  1. Enter your zip code
  2. Review your usage history
  3. Compare available plans on ComparePower
  4. Select a new plan that best fits your needs
  5. Complete the switch online in just 5 minutes

Switching providers won’t cause any service interruptions.

Learn how in this 2-minute video ⤵️

Dmarc

Quick and helpful. I was paying too much for my electricity they cut my bill in half!

Dmarc

ComparePower: Your Trusted Electricity Ally

We make comparing rates and switching electricity providers easy, helping you save money on your bills. Our user-friendly platform simplifies the process.

Take control of your electricity costs today:

  • Determine your usage requirements
  • Compare rates and switch to a better plan
  • Implement energy-saving tips and strategies

We’re dedicated to providing straightforward answers, helpful resources, and genuine support to help you manage your electricity bills effectively.

Begin your savings journey with ComparePower today. Compare rates and switch providers in just minutes.

Compare Rates & Start Saving on Your Bills

Next: Shop with Your kWh Usage & Save

Comparing electricity rates based on your home’s specific kWh usage can help you save money on your Texas electricity bill.

Assistance Paying Your Electricity Bill

If you’re struggling to pay your electricity bill in Texas, help is available. Explore our comprehensive guide on assistance programs, including Senate Bill 1976, Lifeline, Link-Up, and the Weatherization Assistance Program.

Discover eligibility requirements, application processes, and valuable tips to secure the support you need. Don’t face your utility challenges alone – learn how to access these vital resources and regain control of your energy expenses.

High Electric Bill FAQs

Looking for more ways to lower your electricity bill? Check out these frequently asked questions.

How can I reduce my electric bill?

The most effective way to reduce your electricity bill is to find a plan that best matches your home’s usage profile. By entering your historical usage data, you can quickly find the ideal plan for your needs.

What is a typical electric bill in Texas?

According to the U.S. Energy Information Administration, the average retail price of residential electricity in Texas is 14.61 ¢/kWh. The typical Texan uses an average of 1,132 kWh per month; at 14.61 ¢/kWh, the average electric bill would be approximately $165.04.

ComparePower 57500 5-Star Ratings Reviews

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

The Texas Guide to Switching Providers

Feel trapped by expensive electricity rates? You’re not alone. Many Texans struggle with high utility bills and confusing contracts. But you have the power to make a change for the better.

This comprehensive guide will walk you through the process of switching electric companies in Texas without interruptions in service. Follow these steps, and you’ll be on your way to potential savings and peace of mind.

Key Takeaways

  • Switching providers when your contract ends is straightforward and can save you money.
  • Switching is easy – the new provider handles everything, including notifying your old one.
  • Compare rates using your usage history to find a plan that fits your needs and budget.
  • Fixed-rate plans can offer stability even as rates rise, starting at just 12.30¢/kWh vs. the 15.60 ¢/kWh average rate in Texas.
Jeannette Zimmerman

I have been comparing rates over the past 6 months with Compare Power. Finally, the rates were right and it was time to lock it in and switch. The switch request was SO SIMPLE, made a lot of sense. Do you want to start the switch this week or specific date? Click here to confirm switch to this provider. Confirm email and DL number, submit. Easy as 1-2-3!

Jeannette Zimmerman

How to Switch Electric Companies

Switching electric companies in Texas is straightforward when you time it right. Follow these steps near your contract end date to seamlessly transition to a new provider and unlock potential savings. You have the power to choose.

Step-by-Step Guide to Switching

Total Time: 10 minutes

  1. Know Where You Stand Now

    Enter Your Zip Code

    Before anything else, take stock of your current electric plan by looking at recent bills and checking your usage on Smart Meter Texas. This insight will help you pick the right new plan.

  2. Compare Your Options

    electricity usage

    Shop for new plans within 14 days before your contract ends. This critical timing lets you avoid early termination fees. Use ComparePower to contrast rates and find possible savings.

  3. Make the Switch

    Compare Electric Plans

    On or before your end date, sign up for your new electric company online or by phone. Enjoy a seamless transition as they handle everything, including notifying your old provider.

  4. The Power is Yours

    Choose a New Plan

    Congratulations—you did it! Now, you can look forward to potential savings and better service. You can check your new account online to monitor usage and make payments.

Supply:

  • Your Address
  • Drivers License
  • Social Security Number

Tools:

  • A desktop, laptop, tablet or mobile phone with internet access.

Materials: ComparePower is all you need to switch electricity providers in Texas.

This 2-minute video explains what you need to know to switch with confidence ⤵️

S. Kirkland 1

I needed to shop for a new energy company and stumbled upon this website. I was able to provide some data and they shared several options for new energy companies. Once I decided which company I wanted the process to switch over was very easy. I will use this site in the future should I need to switch energy companies again.

S. Kirkland

Shopping Considerations

Once you’re familiar with the steps, let’s dive into some shopping considerations to help you make an informed decision:

Renewable Energy Options

Texas offers renewable, green energy plans for those supporting clean energy. Explore options that align with your environmental values.

Avoiding Pitfalls

  • Hidden Fees: Watch out for hidden fees and tiered-rate structures.
  • Understanding ETFs: Know the conditions for early termination fees.
  • Utilizing Online Marketplaces: Platforms like ComparePower simplify the process.

Next up: Save with Usage-Based Shopping

Learn how shopping with your kWh usage can help you save money on your energy bill in Texas.

Switch Electric Companies with ComparePower

Ready to make the switch? ComparePower is here to help. With our comparison tool, you can find the best electricity provider. Don’t wait. Start saving on your energy bills today.

Switch electric companies today.

Common Questions About Switching

Switching electric companies in Texas? You likely have questions. From understanding contract terms to exploring renewable options, we’ve gathered the most common inquiries to guide you through the process. Here’s everything you need to know to make an informed switch.

Is it safe to switch electricity companies?

You might wonder, is switching electric companies safe? The answer is yes. The Public Utility Commission of Texas regulates the process of protecting your rights. Plus, there’s no interruption in service when you switch.

What happens if I don’t switch electricity providers?

If you don’t switch at the end of your contract, your current company will transfer you to a holdover rate. Holdover rates are variable and change each month. They are usually expensive, and you could face a high bill before you know it.

How long does it take to switch electric companies?

Depending on the provider, the switch usually takes a few days to a week. Service is not interrupted during the transition.

Will I need new equipment or wiring when I switch?

Switching providers don’t require changes to your home’s wiring or equipment. The transition is handled electronically.

Can I switch back to my old provider if I’m not satisfied?

Yes, you have three days to switch back without penalty. Beyond that timeframe, you have to be mindful of contract terms, early termination fees, or waiting periods that may apply.

How can I avoid early termination fees when switching?

You can avoid early termination fees by switching within 14 days of your contract’s end date or by choosing a plan without such fees.

Do I need to notify my current provider when I switch?

No, your new provider will handle the transition, including notifying your current provider.

What if I’m moving to a new address in Texas?

If you’re moving, you can choose a new provider for your new address.

How do I know if a plan’s rate is a good deal?

Compare the plan’s rate with your historical usage, consider additional fees, and compare it to other available plans using tools like ComparePower.

Can I switch providers if I have a prepaid or month-to-month plan?

Yes, prepaid and month-to-month plans typically allow you to switch providers at any time without penalties.

What happens if I switch providers and then my rates increase?

If you have a fixed-rate plan, your rate won’t change during the contract term. If you have a variable-rate plan, rates may fluctuate. Understanding the plan’s terms can help you anticipate potential changes.