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.

Texas Electric: Advice on Moving from a Regulated to a Deregulated Energy Market

If you’ve moved from a regulated energy market to a deregulated one, the first thing you need to do is get used to the idea of freedom. Freedom? Yes, the freedom to choose your electricity supplier.

Study after study has shown that competition has led to better service and lower rates for Texas electric customers. However, many haven’t taken advantage because they don’t know where to start. 

How to Shop for a New Texas Electric Company: Find a Trusted Source

The first place to start is with a trusted source. Websites like ElectricityBid.com put all of the resources you need to shop quickly for a Texas electric company at your fingertips. What you’ll find on sites like this are:

Comparison Charts: These list rates for multiple Texas electricity companies within a given region.

Requests for Energy Proposals: By filling in just a few pieces of information, you can get bids from numerous Texas electric companies to compare. This eliminates the need to visit website after website or make phone call after phone call to gather he info you need to make an informed decision.

Low Deposit/No Deposit Electric Service Plans: Have bad credit? A low income? On a fixed income? Conventional Texas electric companies have options for every type of consumer. You don’t have to automatically assume that the only options available to you are high-cost prepaid electric service plans.

These are just a few of the helpful categories you’ll find on sites like ElectricityBid.com. Everything you need to find the best Texas electric plan for you can be found there.

Texas Electric Customer Shopping Tip

 

Ask, ask, ask! When moving from a regulated to a deregulated energy market, most customers assume that the old rules apply. So, if they’ve had an expensive prepaid electric service plan before, they automatically assume that’s all they can get again.

Not so.

Ask about no-deposit electricity plans like the Texas LITE-UP program. It gives customers a discount on their electric bill five months out of the year.

Call and ask for qualifying details and/or to inquire about other programs like this that can help you defray the cost of your Texas electric bill.

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.



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

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