Shopping for electricity in Texas can be confusing, especially with so many options and providers to choose from. With some basic information and an understanding of your family’s energy needs, you can find a plan that fits your budget and lifestyle. Here, you’ll learn which steps to take when choosing a utility provider in Texas.
Understand the Market
The state’s electricity market was deregulated in 2002, which means residents can choose their REP or retail electric provider. The open market encourages competition among utility providers, which leads to better rates for users. However, it also means you’ll have more options when shopping for electricity plans.
Know Your Usage Patterns
Before shopping for electricity, it’s crucial to understand your monthly average consumption. Determine your usage by:
- Reviewing past bills. If you’ve moved in the last few months, use the last tenant’s usage history as a guide.
- Determining if your usage is consistent. Some electricity plans are better for those who use more in the winter or summer.
Most plans have tiered pricing, and knowing your monthly usage will help you find the most budget-friendly plan.
Learn About Plan Options
Texas REPs offer different types of plans, and knowing about them will help you decide.
- Fixed-rate plans offer a steady rate throughout the term, giving users predictable bills.
- Variable-rate plans are based on market prices, which can change by the month.
- Prepaid plans don’t include contracts, and they’re perfect for those with bad credit or low income.
Contact us and we’ll help you find the right kind of plan for your needs and budget.
Compare Rates
The simplest way to compare power rates is to work with us. When comparing options, consider:
- Cost per kilowatt-hour. Don’t fall for promotional rates that only apply to narrow usage ranges.
- Fees. Some electricity plans come with minimum usage, early termination, and service fees. Read the contract carefully to understand potential costs.
Use the EFL or Electricity Facts Label to compare options.
Look for Renewable Energy Choices
Most REPs in Texas have renewable energy plans that use wind or solar power. If you want to reduce your family’s carbon footprint and work toward a more sustainable future, choose a plan with a high renewable energy percentage.
Renew Your Plan or Change Providers
Once you’ve selected a plan, switching is simple. Your new utility provider will handle everything, so you’ll enjoy uninterrupted service. If you want to stay with your existing provider, you’ll renew the plan for another term. Sometimes, providers use loyalty discounts to keep their customers around.
Budget for It
Electricity prices can change seasonally, and users should budget accordingly. It gets hot during the summer in Texas, and your air conditioner will work overtime. With a budget billing plan, you’ll have a consistent bill without the spikes that come during times of peak demand.
Our Thoughts
Finding a budget-friendly electricity plan doesn’t have to be difficult. When you shop smartly and make informed choices, you can control your family’s energy spending. Remember, the best power plan is the one that suits your preferences, usage patterns, and finances. Visit us online to learn more about us or call to learn how we can help you find the power you need at a price you can afford.
