Check rates with multiple Texas electricity companies in the zip code electricity comparison box to the left. You can compare what Spark Energy is offering you with several other electric providers.
You may call with questions to: 1-800-971-4020
Jan 22 2008
Spark Energy is currently advertising several different electric rates at a mid price range in comparison to some of the other competitive Texas electric providers. They currently have a 12 month rate at 11.9 cents kWh with no monthly service charge. This is an ok electric rate although Startex Power has lowered their 12 month term rates below Spark Energy’s prices. Startex Power has a slightly better 12 month rate for 11.7 cents kWh with no monthly service charge. To compare current updated rates from providers in your area please use the chart at the top right.
Champion Energy In Comparison To Startex
Startex has the best overall electric rate at 11.3 cents kWh in the Dallas area with no monthly service fee. As of Feb 23 2009 Startex Power offers the cheapest available electric rate in Dallas and Houston. Champion Energy used to be the best electric rate among the low cost electric providers offering promotional discount offers but as of February 2009 Startex Power is offering the best rate. Champion’s promotional electric rate offer has expired although you can sign up with competing suppliers with Startex Power by comparing rates using our tool on the top right of this page. The promo code with Startex is no longer available and since then other providers have come in to compete with this company. We no longer offer Startex on our website to compare with other providers.
Be sure to write down on your calendar 12 months from now to come back to this site to renew with the next lowest cost provider in Texas. We update the site frequently and try and always have the best electric rate going so you don’t miss out on an opportunity to stay with a low cost electric rate.
Those With No Credit History Or Bad Credit
If you are worried the electric company may try and ask for a deposit we have some suggestions on getting by with the cheapest deposit requirement. We have seen that Bounce Energy generally has the cheapest deposit requirement if you have been hit with this request before. We have a compare tool that shows you multiple prepaid companies to compare rates from and sign up with out the worry of a deposit or credit check. The tool is at the top right of this page. As an example of a provider that usually needs a deposit based on credit score,Â most traditional electric companies that check creditÂ usually ask for $200 – $400 deposit if they don’t like your credit. Other electric providers want even more if you do not meet their credit standards. You may see this as a lot but TXU and Reliant mant times ask for a lot more than what Champion requires. Spark Energy used to waive the deposit amount if you sign up for auto bill pay by credit card or bank account but they have ended this practice. If Spark needs a deposit it may be for around $400 – $500 depending on what they think of your credit history. Startex Power is somewhere in the middle as far as what they come back asking for in regards to a deposit. The best thing you could do is tryÂ one of the manyÂ prepaid providers we show in our compare toolÂ and sign up and keep that deposit money for groceries. At one time you had to try several providers and pick the lowest deposit you could handle and build up that year of utility bills paid in full before you could get away with not needing to pay an electric company a deposit. Bounce allows you a second chance if you have little or no credit.