August 2009 Dallas Electricity Rate Comparison

Today is August 14 2009 and we have gone out to the power to choose website to check on electricity rates from companies like Champion, Startex, Green Mountain Energy, Spark Energy, TXU, Ambit, Stream, Bounce, Texas Power and Reliant Energy.  We checked on some other Texas electricity providers but these energy companies provide a good overall comparison of rates. We have sorted the electricity rates  in order from cheapest to most expensive using the pricing available on the Power to Choose website.

Startex Power, Champion, and Green Mountain Energy, are some of the more popular electricity companies we recommend and Startex and Champion are currently offering some of the cheapest available electricity plans in the Dallas Texas area. There are no hidden fees or charges with Startex or Champion. If you use below 500 kWh per month than a $4.95 monthly service fee will kick in with Startex Power but other than that you are going to be good with the top two cheapest Dallas electricity plans in the chart.

This chart above is a historical snapshot of what Dallas residential electricity rates looked like for the month and day of August 14 2009. These charts sometimes help in determining the track record of a Texas electricity companies overall consistent performance in delivering a low cost electricity price to Texas energy consumers. To see a current comparison of our recommended electricity companies in Dallas Texas please click on our Dallas electricity comparison link by clicking here.

August 2009 Houston Electricity Rates and Plans – Compared

Picking The Right Houston Electricity Company, Rate and Plan

What to Know Before Signing up With Just Anyone

We have compiled a list of some of the more popular residential Texas electricity companies and rate plans. If there is a known issue with one of the residential electricity companies we list that concern next to the provider. There are some providers that have blatantly obvious tricks we know of that shows one rate on their website but when receiving your first electricity bill the rate is much higher due to the TDSP charges not being clearly apparent. A note should be made that these Texas electricity providers are usually involved in leaving off the TDSP charge on their advertised rate. We are not sure exactly how many energy companies participate in this practice as well as they change their practices depending on how much heat they are receiving from PUCT complaints. You can read Consumer Energy complaints from some of these providers customers who can explain what exactly can occur when switching to a gimmicky energy company better than we can.

August 7 2009 Residential Houston Electricity Company Comparison, Cheapest to Most Expensive

Understanding Your Houston Residential Electricity Rate

Most electric providers in Texas will bundle the TDSP charges into the energy only rate giving you an all-in rate that can be compared against other Texas electricity companies like TXU Energy and Reliant Energy. We have listed both TXU and Reliant in our comparison chart in order to compare their electricity prices with other Texas electric providers. You will notice that the two largest energy providers in Texas have much higher electricity prices than some of the smaller but good electric companies. Right now Champion Energy and Startex Power are two reputable electricity providers in Texas offering very cheap fixed electricity rate offers. All fees and charges are disclosed with these two companies. With Startex if a customer uses less then 500 kWh hours a month there will be a $4.95 monthly service fee although most Texas electricity consumers use more then this so it shouldn’t be an issue for most customers. A monthly service fee is simply an additional charge many electricity providers have in addition to their electricity price. It is important that a provider disclose this fee upfront rather than hide it in the contract details. We have made these fees obvious in our rate chart so you can make a clear apples to apples comparison of electricity prices in Texas.

Historical Houston Electricity Rate Snapshot for August 7 2009

Since this Houston electricity comparison chart is an update for August 7 2009 it only represents a historical snapshot of what Texas electricity providers were charging on this date. An updated and daily refreshed electricity rate chart is also provided below with some of the cheapest Houston electricity companies. We hope this historical list of Houston energy providers in prices above will keep you informed of how prices move over the course of several months. If you have any questions or comments about one of these Houston electricity companies please feel free to leave a comment below. If you are interested in a no deposit Houston electricity choice please visit our no deposit electricity page.

Current Houston Electricity Rates, Companies, and Plans

TXU Energy in Dallas and Houston

Electric rates in Dallas and Houston have started coming back up the last couple of weeks although today energy prices are back down a little. This trend up represents the possible beginning of a new trend back up. The summer is approaching and if anyone remembers what electric rates were doing last summer you would be wise to lock into an electricity rate now.

Since Texas electricity rates are still quite low as of today (May 20 2009) I wanted to see what Reliant Energy and TXU Energy were offering for residential electric service in some of the larger cities like Houston and Dallas Texas. I first went out to the powertochoose website to see what the government was showing for TXU Energy’s 12 month fixed electric rate. They are showing that TXU Energy is advertising a rate of 14.7 cents per kWh. This is very high when you compare it with the cheapest reputable electric provider in the bunch. The cheapest provider in Dallas that is a quality company is with Champion Energy. They are currently showing an electricity rate at 9.2 cents per kWh with a $4.95 monthly service fee. This is multiple times cheaper then TXU Energy and you can learn more about this residential electric rate in the Dallas and North Texas area by clicking on the link below.

 

We also checked to see what TXU Energy’s closest competitor was offering in the Dallas Texas area. Right now Reliant Energy is working very hard via radio and billboard ads to take residential electric service customers away from TXU Energy in TXU’s territory. Reliant has a cheaper electric rate plan then TXU Energy in TXU’s own backyard. The Reliant Energy rate is also 20% renewable energy which offers a feel good factor for those wanting to save the environment from the pollution of coal fired power plants. One issue with the wind energy plan is that it may be energy that has been produced in another state so Texas doesn’t benefit from the environmental clean energy. Reliant Energy’s rate is 14.1 cents per kWh for their 12 month fixed rate. So we see that Reliant Energy beats TXU but Champion Energy beats both Reliant and TXU on price by several cents. If you compare the 14.1 and the 14.7 cent rate next to 9.2 cents per kWh with a $4.95 monthly service fee you end up saving several hundred dollars over the course of the year by signing up with a wholesale provider like Champion Energy.

You can learn more about Champion Energy by visiting their link and see for yourself why Champion Energy is a better choice over TXU Energy and Reliant Energy.

 

The Reliant and TXU Energy rates when compared in the Houston and Harris county area are similar in price difference with Champion Energy in that area as well. If you live in the Houston Texas area and would like to compare electric rates with multiple energy providers then please click on the comparison link below to learn more.

Houston Electric Rate Comparison

April 2009 Dallas Residential Electric Rates

We have gone back to check Dallas Texas electricity rates for the month of April 2009 to see where the electric providers fall in line on their prices. Some Dallas energy providers have prices that are several cents cheaper then some of the larger electric companies like TXU and Reliant. One of the reasons we put this list together is so that Dallas energy consumers can see that there are much better offers available for Dallas electricity service then what TXU Energy has to offer. For instance, checking the rates TXU Energy is offering as of today, April 17 2009, we see that they have a 1 year fixed rate listed at 13.8 cents a kWh. The cheapest available 12 month offer in the chart is for 9.4 cents per kWh with Champion Energy.

You can see updated current rates by using the compare tool at the top right.

Green Mountain Electric Company

Green Mountain Energy offers some great renewable electricity rates and they have one of the most lenient credit requirements. You can compare Green Mountain Energy with Champion Energy and Bounce Energy to help determine which renewable electricity rate is the cheapest. All providers allow for you to sign up online and will approve you online. If for someone reason you are asked for a large deposit you cannot afford just keep trying until you get one of the providers who will pass you on credit. To learn more or sign just click on the “continue” link in the electricity comparison chart.

Green Energy is the new fad it seems these days with electric rate marketing. The Texas electric companies are now buying just enough green energy credits to have green energy injected into the grid to make their product “green”. Keep in mind that most of the energy is still being created using coal and natural gas fired power plants. The motive isn’t to save the environment but it does help give the Texas consumer that good feeling that they might be doing something. The issue at hand is when an electric provider offers green energy with a high markup. Some Texas electric companies have profited even more by offering a green energy product and then marking up the profit margin higher then usual as they know people are buying the option to save the environment rather then shopping for the best price on Texas electricity. Green electricity is more expensive so the higher price is justified so long as it isn’t raised so high that it could be considered price gouging. Most consumers have not the slightest idea how much more it costs to produce green renewable electricity and so they will pay the higher price without even knowing they may have been took.

A better option then just going with the first green energy plan you happen to see is to buy your own green energy credits from a company that sells green renewable energy credits. You can actually do this and it will have the same effect. Go ahead and buy your electricity from the cheapest electric provider in Texas but then buy some green energy credits on the side to save the environment. You will be doing the same thing and saving a little money at the same time. Green Mountain Energy is the most noticable electric company with green energy products because they have the “Green” name in their brand. Now, almost all Texas electric providers offer a green energy product, even TXU. TXU happens to own several dirty coal powered power generation facilities but they too offer green energy plans. So if you are going to save the environment just keep in mind the electric companies aren’t in it for the earth and humanitarian reasons you may be in it for.

Green Mountain Energy is a good electric company as far as their ability to consistently offer competitive Texas commercial electricity products. The retail electric provider also offers some of the best residential electric rates in Texas. Green Mountain has better prices for commercial businesses then they do in their residential sales division. They are a large wholesale electric provider, have good books, and a positive track record with their customers, energy brokers, and consultants. They operate in several states and are one of the fastest growing energy companies in the United States.

Electricity Bid helps you find an electric rate and provider to save you money and keep life simple.

Get in touch with us!