Tyler Texas Electric Company

Tyler Texas Electric Company

Tyler Texas is one of many East Texas towns that has their electric market deregulated. The positive to a deregulated energy market is the ability choose from multiple companies and rate plans.

The negative aspects are there too but I believe the positives far out weigh the negative. I remember when first moving into my own place in Tyler TX I was asked for an electric deposit from the monopoly electric utility.

I had no established credit and so I had to come up with the extra money. With the ability to choose your electric company in this area you don’t have to settle for paying a really high deposit just because you haven’t established any credit yet.

There are Tyler Texas electric companies that will allow you to order electricity service without having to come up with $300 or more.

The catch is that you will need to sign up with a prepaid light company. A prepaid electricity company is very similar to traditional energy suppliers accept they bill you upfront instead of 30 – 45 days later.

Some prepay light companies will estimate your electric usage based on the size of your home or apartment.

Other Tyler electric suppliers will use an advanced meter and a prepaid device that you slide a prepay card into similar to a credit card.

The device deducts the amount from the card based on your exact electric usage.

If you have a smart advanced meter I recommend choosing a prepaid electric provider that uses one as you only pay for what you use.

The alternative to the smart meter reading is estimated readings which usually are a little higher than your actual electric usage.

There is a company I have seen on TV in Tyler called Apollo Electric that offers prepaid electric service although we do not know much about them.

We have a comparison of a few no deposit prepaid electric providers that service Tyler if you need to search and find a good company with no deposit.

Just use the comparison chart at the top of this page to compare no deposit energy offers in Tyler TX.

Regarding East Texas Electric Cooperatives, Municipalities, and Monopoly Providers

Tyler is unique in that the city is surrounded by electric cooperatives who do not offer energy choice to their customers.

Places like Longview cannot compare competing electric supplier prices because there is only one energy company in this area.

Other electric Coop’s that exist are Cherokee County Coop, Deep East Texas Electric Coop, and East Texas Electric Coop.

Smith County Texas Electric Company Commercial Rate Comparison

In many ways commercial and residential electric rates are the same. The main difference between these two account types are the fact that residential load profiles are all the same.

Electricity providers can offer all the same rate plans no matter the customer when speaking to residential customers because none of them will cross a thresh hold that would increase the cost to the provider significantly.

Commercial businesses vary dramatically in how they use electricity. A large industrial manufacturing or chemical facility uses far more energy and in much different ways than a small smoothie franchise.

Because of variations even between restaurants and retail clothing stores commercial electric rates are priced individually by a provider based on how the business uses their energy.

The tailored made nature of a commercial energy price in Tyler TX usually means a more competitive rate. A stunning exception to this rule is if you have a Tyler church.

Churches will always pay way more for their electricity compared to what they use because of their KW demand. Electric companies charge you for both kilowatt hours used and how much is demanded.

Because a Tyler church demands energy all at once on Sunday they get hit with a large fee for this no matter the electric company they choose. This fee is more of a grid, transmission provider fee than a fee from the retail electric company.

Unfortunately there is no way out of these high cost TDSP fees for churches at this time until the PUCT and ERCOT choose to offer some type of relief to this type of operation as found in a church.

Regardless if you have a church that needs a commercial electric rate comparison or some other type of business we can help facilitate a reverse energy auction for your energy account.

To learn more about this topic and others please call one of our local Tyler TX commercial energy consultants at 1-800-971-4020.

Tyler Texas Electric Rates Compared

Comparing Rates

I called Texas Power today to find out what their residential electric rates were. I heard an interesting radio advertisement from them and even saw a billboard with an ad that appeared to show that they had a lower electric rate then several other energy companies in Tyler Texas. So I call Texas Power Electric Company and ask them what their residential electric rate is. They tell me they can lock me in on a rate at 11.9 cents kwh. They explained that this is not an introductory rate but it is a variable electric rate (meaning it can change). They explained that it changes price based upon the Natural Gas price. If Natural Gas goes up then their rate will go up. If it comes down then their rate should come down. It sounded fair enough but I checked into natural gas and discovered that natural gas is at a 2 year low and is currently heading up. Not only that but they want $10 a month if you don’t use over 1,000 kwh a month in customer service charges. This charge would easily eat up any savings I thought I was getting. I past on this deal as I found another rate plan that is fixed for 12 months at 10.8 – 11.8 cents kwh depending on your area and has no monthly customer service charge regardless of how much or less energy you use. This rate plan was with Startex Power. Update: As of February 2009 Startex 12 month electric rate is 10.8 cents kWh in the Dallas area. This was a promotional electric rate with Startex Power. You could sign up on this promo rate at a link in the past but we now have other offers and providers available through the use of our compare tool.

Looking for a No Deposit Plan?

If you have a low credit score or bad credit you may have noticed most electric companies in Texas want a very high deposit. We have a no deposit or low deposit choice available with Acureed Energy and several others. Use the compare tool at the top right to check all prepaid offers out and order online.

What Would Be The Best Electric Rate Plan

If you are going to pick a plan in Tyler Texas then it really isn’t any different then other areas of Texas. Different regions in Texas have different pricing but this is regulated by ERCOT (A Texas Agency) and not something the energy provider controls. Your concern should not be the brand name of the company or how they market their product. If you go out to the Texas website www.powertochoose.com they will show you several electric company rate plans along with the Facts Label. The Facts Label is like the government required nutrition label on the back of a can of food. You can’t go wrong by comparing an energy plan’s facts label with another energy plan’s facts label.

Here is an example of Spark Energy’s Facts Label:  Facts Label

More about Tyler Texas Electric Companies

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