Tyler Texas is one of many East Texas towns that has their electric market deregulated. The positive to a deregulated energy market is the ability choose from multiple companies and rate plans.
The negative aspects are there too but I believe the positives far out weigh the negative. I remember when first moving into my own place in Tyler TX I was asked for an electric deposit from the monopoly electric utility.
I had no established credit and so I had to come up with the extra money. With the ability to choose your electric company in this area you don’t have to settle for paying a really high deposit just because you haven’t established any credit yet.
There are Tyler Texas electric companies that will allow you to order electricity service without having to come up with $300 or more.
The catch is that you will need to sign up with a prepaid light company. A prepaid electricity company is very similar to traditional energy suppliers accept they bill you upfront instead of 30 – 45 days later.
Some prepay light companies will estimate your electric usage based on the size of your home or apartment.
Other Tyler electric suppliers will use an advanced meter and a prepaid device that you slide a prepay card into similar to a credit card.
The device deducts the amount from the card based on your exact electric usage.
If you have a smart advanced meter I recommend choosing a prepaid electric provider that uses one as you only pay for what you use.
The alternative to the smart meter reading is estimated readings which usually are a little higher than your actual electric usage.
There is a company I have seen on TV in Tyler called Apollo Electric that offers prepaid electric service although we do not know much about them.
We have a comparison of a few no deposit prepaid electric providers that service Tyler if you need to search and find a good company with no deposit.
Just use the comparison chart at the top of this page to compare no deposit energy offers in Tyler TX.
Regarding East Texas Electric Cooperatives, Municipalities, and Monopoly Providers
Tyler is unique in that the city is surrounded by electric cooperatives who do not offer energy choice to their customers.
Places like Longview cannot compare competing electric supplier prices because there is only one energy company in this area.
Other electric Coop’s that exist are Cherokee County Coop, Deep East Texas Electric Coop, and East Texas Electric Coop.
Smith County Texas Electric Company Commercial Rate Comparison
In many ways commercial and residential electric rates are the same. The main difference between these two account types are the fact that residential load profiles are all the same.
Electricity providers can offer all the same rate plans no matter the customer when speaking to residential customers because none of them will cross a thresh hold that would increase the cost to the provider significantly.
Commercial businesses vary dramatically in how they use electricity. A large industrial manufacturing or chemical facility uses far more energy and in much different ways than a small smoothie franchise.
Because of variations even between restaurants and retail clothing stores commercial electric rates are priced individually by a provider based on how the business uses their energy.
The tailored made nature of a commercial energy price in Tyler TX usually means a more competitive rate. A stunning exception to this rule is if you have a Tyler church.
Churches will always pay way more for their electricity compared to what they use because of their KW demand. Electric companies charge you for both kilowatt hours used and how much is demanded.
Because a Tyler church demands energy all at once on Sunday they get hit with a large fee for this no matter the electric company they choose. This fee is more of a grid, transmission provider fee than a fee from the retail electric company.
Unfortunately there is no way out of these high cost TDSP fees for churches at this time until the PUCT and ERCOT choose to offer some type of relief to this type of operation as found in a church.
Regardless if you have a church that needs a commercial electric rate comparison or some other type of business we can help facilitate a reverse energy auction for your energy account.
To learn more about this topic and others please call one of our local Tyler TX commercial energy consultants at 1-800-971-4020.