Buying an unregulated energy plan can seem overwhelming. The sheer number of potential energy suppliers makes it difficult for many to narrow down their choices. Power to choose energy is committed to helping consumers find the right electricity plan at an affordable price. To help our customers choose a good energy supplier, Choose Energy has put together a scoring model to review the best electricity suppliers in Texas. The Choose Energy review model is based on objective and quantitative criteria to ensure that supplier assessments remain objective.
Electricity rates in Texas
We can help you navigate the tangled world of deregulated energy quickly and easily. Since 2002, more than 5.6 million Texans have exercised their right to choose. With our marketplace, you can compare energy providers, rates and plans to find the power plan that’s right for you. We try to make it easy to purchase an unregulated energy plan. We offer our clients:
Fixed rate plans
Texans looking for predictable electricity bills opt for flat rate plans that charge the same amount per kWh over the life of the contract, even if energy market commodity prices rise.
Variable rate plans (monthly)
If you want the freedom to opt out of your electricity service at any time without charging an early termination fee, a variable rate plan or a monthly plan might be your best option. Prices for these floating tariff plans are subject to a sharp spike, especially in the summer when energy demand peaks.
No deposit prepaid plans
When you choose a prepaid plan without a deposit, approval happens automatically. This is because, regardless of your credit rating, the energy supplier is not at risk. You make a prepayment for the energy you consume, and you are not required to enter into a long-term contract. No credit check; you pay as you use it and can cancel at any time. Payless Power is a leading no deposit and no downpayment provider. Learn more about getting electricity with no down payment.
Why You Should Read the Electricity Fact Label (EFL) Carefully
It is important to understand the information each Energy Fact Sheet (EFL) label provides so that you can choose the right plan for your energy use. The EFL is a government-approved label that lists kilowatt-hour (kWh) rates for three levels of use: 500 kWh, 1000 kWh, and 2000 kWh. In addition, it includes information about the duration of each plan, TDU fees, termination fees, and whether your rate will be variable or fixed.
Who is the cheapest electricity supplier?
Check out our tips for finding the cheapest Texas electricity rates you can trust. There are many electricity providers in Texas and some of them may not have energy plans listed on your zip code. The best way to get the lowest electricity rates in Texas and avoid billing surprises is to select a major brand plan power to choose energy on the energy outlet site and use our guides and tools on the site to help guide you. It’s smart to think about a multi-year electricity plan so you can lock in a good rate for up to 60 months without worrying about a rate hike. All you have to do is enter your zip code and the website will show you all the plans available in your area from electric companies that are allowed to post on the site.
How Do I Pick a Good Energy Plan?
Energy outlet.com helps you choose a good energy plan for your home based on your level of use, and also validates each plan using its Trust Plan process to help you avoid billing surprises. Power to Choose, run by the State of Texas, is a government solution for comparing energy prices, but be careful when registering with plans across the state due to quality control issues.
