Electricity Company Rate Plans

Electric Company Rate PlansWhen picking a rate plan for a residential home or apartment you need to understand how energy providers choose to market.

Every electric provider will have a few good deals on certain plans. It may be a 3 month rate or a 15 month rate but what you will see is a slightly cheaper price for that term than a typical contract term.

Compare Electricity Company Rates

It will not always be the 3 month and 15 month fixed rate plan that offers the best electricity price but this serves as an example so I can explain what is going on here.

Many times a standard 12 month fixed rate will offer the best deal but a provider can steer you to a different rate plan by making look better.

Even if certain things about an electricity company rate plan are bad for the customer an electricity provider will market it in such a way that you may see the bad aspects as positive.

These energy suppliers are simply featuring the bad parts of their plan and making you pay more for it. Don’t fall for these tricks as you end up losing in the end.

Below are some points to consider when choosing an electricity company and one of their rate plans.

  • Choose a standard electricity rate plan such as 6 months, 12 months, 24, or 36 months.
  • Don’t always go with the cheapest plan especially if it is a short term 1 – 3 month deal. That price will go up.
  • Lock in to a fixed rate and skip going with the cheaper variable price. Variable rates are always subject to change.
  • If a company leaves off TDSP charges, surcharges, and other hidden fees in their rate don’t trust that they have your best interests in mind. Go with a different provider.
  • Stay away from electricity rate plans that say they are fixed but also have a fuel surcharge that can adjust with the commodities market. This is a trick and it simply means your electricity company rate is not truly locked in as fixed.

In Texas You Have the Right to Choose an Electricity Company

If you are relocating from out of state or are moving to a different Texas city from places like Austin, El Paso, Garland, Plano, El Paso and a few other areas you may be happy to know that you may now choose your electric company. Texas is the most competive electricity market in the world and because of this it has helped in lowering electricity rates for residential and commercial electricity service customers.

To begin shopping for residential electricity rates and comparing electric companies just use our comparison chart at the top left of this page. You will need to enter in your zip code and a list of electricity rates and providers will appear. Pick the cheapest provider based on either a fixed or variable term.

Make note that a variable price may be lower but it is subject to go up in price after the first month. This is because you are not locking in your electricity price when choosing a variable rate.

For most people a fixed electric rate makes more sense because you will have a predictable electricity rate and you will know what the price will be each and every month.

The choice in Texas is called the Power to Choose because you have the ability compare over 20 different competitive electricity providers and find the cheapest rate.

Clute TX Electricity Rates and Plans

In Clute Texas there are several electricity companies competing to win the business of both commercial and residential electric service customers. Not all companies will be cheaper than Reliant Energy but many are. Before just going with the cheapest Clute electric provider it is important to understand the plans available.

Our electricity rate comparison chart categorizes the electricity rate plans based on term. There are variable electricity rates and fixed rates. Don’t just sign up with a variable price because it is the cheapest. Variable prices change each month and the positive aspect to a rate like this is that you will not be locked into the Clute electric rate for any specific term.

To get started click here to use our residential electricity comparison chart

This means with a variable rate you will find it to be worthwhile if you will only be at a location for a short time. A variable electricity price follows the energy commodities market up and down. If you are risk averse it is best to get on a fixed electricity rate instead.

A fixed electric rate can be anywhere from 3 months to 36 months out. A fixed Clute TX electricity price simply means that the rate will not change on you for the entire term of the contract. For most people a 6 month – 1 year fixed electricity rate is the best choice. You will not have to worry about the electric rate fluctuating in price every month.

We recommend comparing Reliant Energy’s prices with the electricity rates in this chart. We think you will find substantial savings. All fees and charges are included in the prices in our comparison chart. The only think not in the rate are taxes and this is industry standard.

When looking at too good to be true offers elsewhere on the internet you may see some energy suppliers leaving off TDSP charges or line loss and ancillary charges. This means that although their fixed electric rate appears the cheapest in their advertisement you will see a completely different rate when you get your first months electric bill.

Our company does not have a business model based on tricking customers. Our comparison chart averages in all fees in the rate so you know what you will be paying. Since everything but taxes is in the electric rate you will be able to compare apples to apples with Reliant Energy and other reputable electricity providers in Clute TX.

To get started click here to use our residential electricity comparison chart

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.

Ambit Energy MLM Opportunity

The Ambit Energy MLM opportunity has begun to propagate throughout the state of Texas just like Excel Telecommunications, Ignite\Stream Energy, Herbalife, and the many other popular get rich quick type of businesses. I don’t have a problem getting rich quick and many of these companies reps will tell you it isn’t exactly a get rich quick type of opportunity. For the electricity customer they will usually find themselves being in a situation where a family member or friend approaches them asking for them to sign up with this new electric service. If you look at the energy rate you will see that it isn’t the cheapest electric rate around usually. If you were to go out to powertochoose today (this is the state electricity website) and look at comparable electric rates you will find many others offering better terms and electric rates

What! More Then A Penny Off The Lowest Going Electric Rate!

I went out to the powertochoose website and pulled up Ambit Energy’s facts label. This is a reliable piece of information when comparing energy prices. The 12 month electric rate is anywhere from 12.49 cents kwh to 14.49 cents kwh depending on the amount of energy you use. This is a very horrible electric rate and the problem I have on top of that is they expect people to have their family and friends sign up on a much higher electric rate then what is currently available. As an example you could sign up with Startex Power for the same term and pay no monthly service charge and have a 12 month electric rate at 11.3 cents kwh. The rates for both Ambit Energy and Startex Power would be a fraction higher in Houston due to the congestion in this zone but would still reflect the same percentage in cost savings difference.

Electricity Facts
Ambit Certified Green 1-Year Term
Ambit Energy, L.P., Residential Electric Service
Effective October 22, 2007

Electricity
Price by TDSP

Average Monthly Usage:
Average Price per kWh:
500kWh
$0.1449
1000kWh
$0.1249
1500kWh
$0.1249
All additional kWh $0.1249

Contract Options

Options:
Early Termination Fee:
12 Months $199.00
See Terms of Service for a full listing of fees, deposit policy and other terms.

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

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