Moving To a New Home Before Your Electricity Plan Expires?
If you are moving into a new home in Texas, you are not obligated to take your electricity plan with you.
You can cancel your current contract without any penalty.
As long as you can provide a new forwarding address, your retail electricity provider cannot charge an early termination fee for disconnecting electricity service before contract expiration. This is a rule established by the Texas PUC.
Your upcoming move is an ideal opportunity to shop for a lower rate plan that could save you money on your monthly electricity bill and also offset some of your moving expenses.
If you do decide to transfer your service instead of canceling, be sure you have a great plan you are satisfied with, and that there aren’t better rates available on ComparePower.
We’ll help you estimate your new home’s energy usage, ensuring you choose the best plan for your household without any guesswork.
Should You Transfer Electricity Service?
If you are moving into a new home within the same service area, and you are satisfied with your existing electricity plan, contact your electricity company to explore transferring the plan and the contract over to your new home.
A word of caution before you blindly transfer your energy plan. Some electricity plans have different discounts, fees, and pricing tiers that may or may not apply each month, depending on your kWh usage.
No two homes use the same amount of energy. Unless your new home requires the exact same kWh usage as your previous home your old plan may not be ideal.
The best way to shop for an energy plan in Texas is by estimating your anticipated monthly usage.
The key to avoid overpaying is knowing your expected usage and comparing monthly costs for each plan based on that usage amount.
This Online Electricity Usage Calculator will help you estimate the approximate energy usage of your new home.
If you can’t determine your usage, you can still compare rates by home size by entering your zip code in the zip box below.
Ending your Electricity Service Contract
You can cancel your existing service with one phone call.
Contact your existing electricity company and let them know you are moving and need to cancel service and shut down your electricity account. You will need your electricity account number, the current address with the expected move out date and your future address.
Be diligent – Providers will often encourage you to stay with your existing plan and to transfer your service instead. Some may even tell you that you are required to stay if you are still in a service area covered by your plan. You can politely remind them that Texas law provides you the option to disconnect with no termination fee when moving. That should be all it takes, but they may request you provide proof of your move – a small price to pay for the option of getting out of a bad contract you aren’t happy with.
Average Price of Electricity In Texas
According to the U.S. Energy Information Administration (EIA.GOV). The average price for electricity in Texas is 11.67 cents per kilowatt-hour (kWh).
Find the average price you are paying for power on your current electricity bill.
If you are paying more than the Texas average, consider using your move as an opportunity to find a lower rate plan.
There are fixed-rate plans for Texas residents on ComparePower with rates as low as $0.07 per kilowatt-hour (kWh).
Compare Texas Electricity Rates For Your New Home
These live rates for Oncor Electric Delivery service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Moving Your Business?
Click here to get competing quotes for your business electricity.
To find the best commercial electricity rates, you need to compare prices from competing energy companies.
ComparePower bridges the gap between your business and energy companies by inviting various energy providers to compete for your business in a sealed bid process.
You submit your information, once and the providers will present their bids. You to choose the lowest price. Simple, quick, and secure.
Texas Energy Companies
Predictable fixed-rate plans from a trusted Texas energy providers.
Instantly enroll for service with great electricity providers such as TXU Energy, Reliant, Direct Energy, Green Mountain, and more.
Click on the provider of your choice to view rates, learn more, or sign up.
| Energy Companies | Phone Number |
|---|---|
| 4Change Energy | 855-550-6663 |
| Champion Energy | 877-653-5090 |
| Direct Energy | 855-307-6915 |
| First Choice Power | 888-458-6877 |
| Green Mountain | 844-854-2257 |
| Discount Power | 855-236-1309 |
| Reliant | 855-887-2194 |
| Frontier Utilities | 866-763-5084 |
| Cirro Energy | 844-417-7179 |
| Constellation | 855-798-2889 |
| Gexa Energy | 855-639-8210 |
| TXU Energy | 866-603-1533 |
| Payless Power | 855-854-8482 |
| Pulse Power | 855-652-1045 |