Houston electricity rate plans offer flexibility to the energy consumer

In Houston Texas electricity service customers are beginning to see that choosing a variable electric rate plan and waiting for it to eventually go up is not the best choice.

The wait and see game works for awhile but eventually you can get stung as did Steve Smith who remodeled my house not but a few months ago.

We needed some drywall hung in the living room and some electrical rewiring done and me and Steve started talking. He mentioned that he used to get on a the cheapest variable electricity rate in Houston and wait and see.

If his rate started to go up to high he would simply shop around again and choose the next best offer out there at the time. He did this until one month electricity rates in Houston were sky high.

He could not find a good low priced variable electricity rate plan or fixed plan for that matter. He started to see how doing the wait and see game may work for a little while but you will eventually get burned.

He went ahead and bit the bullet and signed up for 6 months at a pretty high price for that time in Houston Texas. Fortunately after 6 months rates came back down to normal price levels.

He now is on a fixed electricity rate in Houston Texas and enjoys the price assurance a fixed rate offers and the time saved not having to continuously shop for Houston electricity companies every few months.

Steve is now out of the home remodelling business and has started a small sub sandwhich shop in the East Texas area. He used ElectricityBid to procure his commercial electricity rate and we look forward to working with him in the future when his contract comes up for renewal.

If you need to shop for commercial or residential electricity in Houston TX please use the compare tool at the top right by entering in your zip code. You can compare multiple Houston TX electricity companies and find the rate plan that makes the most sense for your situation.

“Slamming” in Arlington, Texas: What You Should Do

Arlington TX Electric RatesIf you have never been “slammed” then consider yourself lucky. “Slamming” is when your Arlington electric service provider is changed without your permission. While this may not be something that worries you, it actually happens more often than you might think. As a consumer, you do have rights pertaining to “slamming”.

The first thing you should do if you think your electric provider was switched is request a copy of your authorization for the switch. By law, the provider will have five days to provide you with the verification. Even then, you can still file a complaint with the Public Utility Commission of Texas. If it is discovered that the switch was made without your authorization, the provider must then do whatever it takes to switch your service back to your original provider.

Since Arlington, Texas has various electric service providers to choose from, even if you have not been “slammed” you can still change providers. Using our handy comparison chart, you can compare the rates of area providers. Should you decide to switch providers and then regret your decision, you have three business days to switch back without fees or penalties.

Comparing electricity rates and plans is easy to do with our comparison chart. Just input your Arlington, Texas zip code and see for yourself. Electric service providers have varying rates, giving you the option to change providers to a lower rate. Since you have three business days to switch back, it is really a no-risk process. In only a few clicks, you just might find lower rates and better service that you never knew was available!

Please call 1-800-971-4020 to speak to a knowledgeable energy consultant.

Amarillo, Texas Benefits from the New Nodal Market Structure

amarillo texas electric rates

Xcel Energy Services Inc. on behalf of Southwestern Public Service Company is headquartered in Amarillo Texas and is a fully integrated investor-owned electric utility that generates, transmits, distributes, and sells electric energy to approximately 386,000 energy consumers in the Panhandle and south plains of Texas and eastern New Mexico. Amarillo is not within the Texas Electric Reliability Council of Texas footprint. Amarillo Texas is outside the main electric grid that is used by the rest of the state of Texas.

Because Amarillo Texas is a part of the Southwest Power Pool and not ERCOT they are not subject to participate in the advanced meter program ERCOT is doing or the nodal market system that is revamping the ERCOT electric grid.

A new wholesale market structure will bring positive changes for consumers outside of Amarillo, Texas. The Electric Reliability Council of Texas (ERCOT) is set to change the current zonal market to a more efficient nodal market. You may be wondering exactly what this is and what it means to you.

In essence, the transmission grid in a zonal market is divided into different zones. The electricity in all of the units within one zone is dispatched at one price. A nodal market is laid out to match the transmission grid instead of breaking it up into zones. The value of electricity for every location, outside of Amarillo, Texas, is determined by various factors.

As confusing as this sounds, the benefits of a nodal market include more efficient dispatch, better price signals and the ability to “lock in” prices for electricity the day before it is actually delivered. The nodal market is much more precise and advanced than the zonal market.

If you have not compared electricity rates for Amarillo, Texas lately, now would be a good time although because Amarillo does not participate in the competitive Texas electric market you will not be able to change providers. The new market is sure to bring changes in the rates of area providers surrounding Amarillo. If you have a few minutes to spare, you can compare rates with our comparison chart but keep in mind if you are in Amarillo you can compare but you cannot switch to a new electric provider because Amarillo Texas has not opted into electric choice at this time.

Our unique comparison chart lists area electricity providers and their current rates outside of Amarillo Texas. You can see at a glance who has the lower rates and we even connect you to each provider’s website for further investigation.

If you prefer you may also call us at 1-800-971-4020

Take advantage of the new nodal market being implemented in Texas by using our comparison chart to find the provider that fits your electricity needs and budget outside of Amarillo Texas.

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.

Saving Money on Electricity Can Be an Easy Task in Killeen TX

Killeen TX is one of the areas in Texas that benefits from the deregulation of the electricity providers in the state. That means each customer has the right and ability to choose the company they want to have provide them service. There is a website we want you to know about that has all of the recommended Killeen TX electricity companies listed. Here is where you can find the services they provide, billing options, customer service hours, the available rate plans, and other important information. You will be able to easily find the plan that is best for your family or business by using the comparison tool.

Click here to compare electric rates in Texas from multiple electricity companies

One of the things you need to know are the requirements each company has for setting the amount of a deposit that may be required. The stronger your credit rating, the less you will have to come up with, if anything at all. You will find some companies that will have less stringent credit requirements, especially helpful in these trying economic times.  Some offer pre-paid service plans which will have higher rates, but eliminate having to come up with several hundred dollars to initiate service.

Another decision to be made is the length of your contract with any company. If rates are low, and you have been established in a residence to know your monthly usage, you may find it in your best interests to sign a long-term contract to lock-in your Killeen TX electricity rates. Of course, you can always try a service for a shorter period of time and remove the risk of having to pay any early termination fees.

Click here to compare electric rates in Texas from multiple electricity companies

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

Get in touch with us!