Note: We no longer offer Startex Power on our comparison chart. This is an old blog post written back in January of 2008.
You may still compare multiple electricity companies and their rate plans using our zip code tool at the right. If Startex has quoted you a price you may look at what they quoted you side by side with the detailed residential electricity quotes on this site.
Startex Energy offers several electric rate terms such as the 3 month plan, 6 month, 12 month, 24 month and 36 month. The rate goes up as you sign up for a longer monthly term. The reason the electric rate goes up on longer terms is due to the correlation electric rates have with natural gas in Texas. Did you know that most of our electricity in Texas is generated by Natural Gas power generation plants? Because of the reliance upon natural gas most providers buy a portion of the electric rate they sell to you on the natural gas futures market. These futures contracts go up in price as you go out on a longer term. If you have questions about the rate comparisons in the box to the left just give us a call at 1-800-971-4020. We pride ourselves in going above and beyond to make sure all fees and charges are disclosed with every electric provider in our comparison chart. You will know exactly what your rate is after viewing the list of electric rates and energy companies in the zip code tool to the left.
Electric Contracts Nothing Like Cell Phone Contracts
You may have determined by now that electric rate pricing is nothing like how a cell phone company determines to charge you for air time. Rewarding you for signing a longer term contract just isn’t a possibility as the electric company would be losing money to charge you less for a rate on a long term contract. Because of the confusion of monthly term electric contracts many people choose to get on a month to month plan. The problem with the month to month plans is you never have a guarantee for what the electric rate will be the following month. Startex Power is good in that the month to month plan they offer actually shows the last 2 consecutive months of where the variable rate has been at historically. Because Startex does not hide this fact you can feel safe to say that you would be getting on a rate built for the person who just doesn’t want to sign a contract. Some people don’t want to lock in for any length of time and this type of product allows that person to ride the wave of the market. The only issue with the month to month electric rate contracts is the premium you pay. You generally are offered a great 1st month rate and then the rate goes up to a premium that is quite a bit higher then the first month. For instance, Startex may give you a rate the first month for 9.1 cents kWh but then the 2nd and 3rd month rates would be 12.3 and 12.6 cents kWh.
This energy product is good for those only needing electricity for a short time because they will be moving soon or something of that nature. If you were to break a fixed term contract most providers will charge you some type of early termination penalty that is usually somewhere in the ballpark of $100. The month to month contract allows you to escape the contract with no fees. Of course, once your fixed term contract is up you are free to shop elsewhere but don’t cancel earlier or most providers will make you pay their termination fee.
If you would like to sign up with Startex Power’s month to month promotional electric rate or one of their many fixed rate energy products you can sign up via the promotional link below and receive their discounted electric rate.
Startex Power’s Discount Promotional Rate – Sign up here Note: We no longer offer Startex as a provider on our site
If you are just needing the best 12 month term fixed electric rate we recommend you sign up with Champion Energy’s promotional 12 month energy rate here – Sign up now