Killeen Texas Electricity Companies

Compare Residential Electricity Rates in Killeen Texas by Using the Comparison Chart Below

For those living in or around Killeen Texas and are looking for an affordable electricity company we recommend checking out our electricity comparison chart. If you need a commercial electricity company in Killeen then please click on our contact link to feel out a short rate quote form. A commercial energy consultant for the Killeen Texas area can call or email you back with rate quotes from multiple Killeen Texas electricity providers.

Our Killeen TX residential electricity company comparison chart can be found simply by clicking on the comparison link in the menu bar above. We have all electricity rates, fees and charges disclosed so you know exactly what the electricity rate, monthly service fees, and TDSP charges you will be billed for by your electric provider will be.

If you would like to speak with a Killeen Texas energy consultant you may call us at 1-800-971-4020. One of our energy consultants can go over different questions and issues related to electricity prices. One of the most common confusions about electric rates has to do with transmission and distribution service provider charges. Commercial electric rates do not initially have the TDSP charges bundled into the electric rate. This unbundled rate is not to be deceptive as all commercial electric providers do not initially bundle the rate until they know your estimated or historical electricity usage.

Once the Killeen Texas electricity provider has your estimated usage they can quote you a total bundled rate. Most commercial electricity providers do not mark up the TDSP charges although it is not considered against PUCT regulations to mark them up so it is important to watch out for this practice.

Residential electricity rates are different in that most Killeen TX electricity providers will “fix” the TDSP charges and bundle them to the “energy only” charge giving you a total bundled rate. Due to a new PUCT and ERCOT rule all providers in deregulated Texas areas must pass through an additional smart meter or advanced meter fee. This fee is about $3 – $4 more per month on all Texas energy consumer bills regardless if their TDSP company has installed the new smart meter device yet. There may also be a monthly service fee some Killeen TX electric companies will charge that is generally about $4.95 – $9.95 that is disclosed next to the rate. Some Texas electricity providers make the monthly service fee hiddeen from view so be sure to check the “facts label” if you are unsure if there is one. Our residential electricity rates include all fees and charges and any monthly service fees are clearly listed next to the rate.

Some electric companies in Killeen will never charge a monthly service fee unless the energy customer uses under 500 kWh a month in electric usage. Since not very many customers use less than 500 kWh a month it isn’t a concern for many however if you have a small apartment and are single you might want to find a provider in Killeen that does not have a monthly service fee regardless of the amount of electricity usage used.

Apartment Electricity in Texas

Is Your Credit Bad? Do You Need a No Deposit Electric Rate Plan?

For those who have tried signing up with a couple electric providers in Texas only to discover that they want you to pay an outrageous deposit for electric service at your apartment, you now have a better choice. Bounce Energy is a reputable electric provider in Texas offering a “Low Deposit Plan” that allows you to sign up for electric service with no deposit required based on credit. If you want a flat out “NO DEPOSIT” electric rate please use our compare tool at the top right of this page.

The electricity rates in our chart are some of the cheapest available. Considering you will be turning on your lights for little or no deposit down you can be even more confident about your electricity provider choice since you will have a competitive electricity rate as well. If you are in a bind these prepaid plans get you electric service quick without the need to come up with a fortune to pay a large deposit amount.

 

Moving Into A New Apartment

When moving into a new apartment you will likely be given a paper with the main utilities in your area. For Houston this may be Reliant Energy and for Dallas this could be TXU Energy. The problem arises sometimes when you call them thinking they are the only energy provider in that area and they ask for a $300 – $500 deposit. Your head starts to spin and fumes begin to come out of your ears. This is the time when someone needs to tell you to stop and pay attention because you don’t have to call TXU or Reliant to setup electricity at your apartment. There are over 40 retail electric providers in Texas and over 200 different electric rate plans to choose from.


What Electric Company Should I Call Then

If you want to avoid the deposit that makes since but you also want a low rate and good terms and conditions with the contract. If possible you want to have any type of customer service charge waived because this could be as much as $15 extra a month would eat up any type of energy savings you thought you were achieving. So get the customer service charge to zero and then look at the energy rate. The electric rate for a residence in September 2007 is about 11 cents kwh. That is about as low as it has gotten this month. It actually came down to 10.6 cents kwh for a couple days. As you can see electric rates in Texas are volatile but you can lock in on a fixed rate anywhere from 3 months all the way to 36 months with most energy providers. The 12 month rate is the recommended term to get on as it is low and will insure you a decent electricity rate as energy in Texas is expected to go higher for the long term.

The best way to find the right company is to start by using the tool in green at the top of this page.



Transmission and Distribution Service Provider Charges

Transmission and Distribution Service Provider Charges (TDSP)

Texas electricity consumers often go out and receive quotes from several retail electric providers and notice that there is an additional charge that is not quoted with the energy rate. The TDSP charges or what are sometimes known as pass thru charges are left off of the rate. This can appear a little shady as if the energy supplier is purposefully trying to make their electric rate look better then it actually is.

TDSP charges are not your electric rate?

What is actually going on when the electricity provider leaves the TDSP charges from the energy quote? They are not trying to trick the customer. Texas deregulated the energy market in Texas back in 2002 and when they did this they unbundled the energy rate. The energy provider prior to 2002 was also the pole and wires company. That means the TDSP charges and energy rate were owned and charged by one company prior to 2002. When deregulation occurred the Texas government with the oversight of the Public Utility Commission split up the former monopolies such as TXU Energy, First Choice Power, Reliant and others and created seperate companies. Now you have over 40 Retail Electric Providers to choose from and only a few pole and wires companies. In fact for your region you only have one choice for who you pay your TDSP charges to. In the Dallas area you would pay TXU now known as Oncor http://www.oncorgroup.com. This TDSP charge will show up on your energy bill the same regardless of which Retail Electric Provider you choose. This TDSP charge is simply past on to you from Oncor directly to your energy bill. The TDSP charge can be anywhere from 1 – 8 cents a kilowatt hour and sometimes more. In order to find out exactly how much you pay the pole and wires company you would need to call them and ask for your historical usage. This data will show you exactly how much you pay in TDSP charges for each month along with the corresponding kwh usage for the month.

Electric Providers are showing several different estimates for my TDSP charges

The reason electric providers are giving you an energy quote with an estimate that is not the same as another providers estimate is because they can only guess as to what exactly you may pay for next year. The TDSP charges are figured based on a Public Utility Commission of Texas Rule that is complex and changing. The TDSP charge also changes based on the amount of usage used. Because of these variables you may see several different Transmission and Distribution estimates. The important thing to remember is that these are not quotes but only a helpful estimate to consider so you will know what the total charges would look like. In the end you will pay the same TDSP charges regardless of which electricity provider you choose. Note: It is still not illegal for Texas electricity providers to secretly mark up the TDSP charges with their profit margin and hide this fact in the fine details of the contract. Electricity Bid does not work with any Texas electric companies that do this practice although they are still out there.

For more information about these charges please speak to a Texas energy consultant to learn more. You can speak with a consultant from Electricity Bid by calling 1-800-971-4020

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

Get in touch with us!