Rebecca Bridges

Electricity Bill Calculator – How to Get the Best Electricity Rate

With the Electricity Bill Calculator you can easily see how much you’ll pay for your electricity based on your usage. No need for an XLS to compare electricity prices in Texas.

Enter your monthly kWh usage and we’ll calculate an estimated bill and price per kilowatt hour for every electricity rate on our site. That’s how to find the best electricity plan for your home.

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Texas Electricity Trends for 2020

Texas electricity rates in 2019 were relatively flat compared to the prior year. And if you were in a fixed rate contract throughout 2019, you had a secure price. But those who were on a variable rate or a wholesale index rate (i.e. Griddy Energy) had their rate explode in mid August when ERCOT hit a historic usage level.

So what will happen in 2020? It all depends. But indications are that market forces are driving up retail energy prices in the short term, and that long-term contracts might be the way to go this year.

>>Want the latest Texas electricity trends? Here are Texas Electricity Trends for 2021

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Understanding Load Factor and Commercial Demand Charges

You shopped for the lowest rate per kWh for your business. So what’s this other charge on your bill?

Business customers often pay a commercial electricity demand charge in addition to the cost per kWh. A demand charge is a fee based on the highest amount of power a customer draws during any 15 minute interval. Demand charges are established annually, and can add 30% or more to your electricity bill.

Read on to find out what is a demand charge, how demand charges are set, typical load factor by type of business and how your load factor impacts your demand.

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How to Find Cheap Power Rates in Texas

Want to know what is the cheapest electricity company in Texas? There’s many ways you can search for it. “Cheap power near me.” “Cheap electricity for my home.” “Best Electricity Plan in <city> Texas.”

Energy rates in Texas vary on location. You’ll need to shop by your zip code and usage level to compare options and find the cheapest power rates. ElectricityPlans is an energy price comparison website that helps you compare energy providers in the Texas market and win at the electricity shopping game.

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