Rebecca Bridges

How to Compare Electricity Rates in Pennsylvania

Need the basics on how to shop for electric rates in PA? You’re in the right place. In this article, you’ll learn the 101 on deregulation, how to compare PA electric rates and how to select an electricity supplier.

Steps to compare electricity rates in PA are simple. Enter your zip code on a rate comparison shopping site, compare electricity plans and select your provider. You’ll still get a single bill from the electric utility, but it will list your new provider and fixed rate instead of the utility price to comapare.

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Texas Electricity Deposits – Everything You Need to Know

In general, you’ll need a minimum credit score of 580-600 with one of the major credit score companies (Experian, Equifax or Transunion) to get an electricity plan without a deposit requirement in Texas.

But there are ways around paying a deposit, including no deposit electricity, which is prepaid lights. But you can also get a deposit waived.

In this article we review no deposit electricity plans, how to get a deposit waived, prepaid electricity and minimum credit score for electricity.

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Cheapest Electricity Rates in Ohio (November 2024)

The cheapest electricity companies and cheapest rates in Ohio vary all the time. Though… not as much as the utility’s rates vary. And that’s the benefit of shopping for a fixed rate plan from a supplier. You can avoid the utility rates that change constantly, and lock in a rate with stability.

We update this article each month with our recommendation on the cheapest electric suppliers in Ohio. Here are our cheapest rates as of November 2024.

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What are Market Securitization Charges?

Market securitization charges are a new line item on Texas electricity bills. They’re a direct outcome of Winter Storm Uri, paying for some of the extraordinary costs of that storm.

The Texas legislature passed House Bill (HB) 4492 in 2021 in response to the storm’s financial impact on the ERCOT power region. The legislation allows Texas REPs to add the charge to their bills for the next 30 years

You can’t avoid paying these fees, which are from a regulatory change. But you might as well understand them, since you’ll be paying them for the next 3 decades.

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Texas Electricity Trends for 2023

Texas electricity trends for 2023 show lower prices than 2022 and more options for short and long term electricity contracts. Other trends in Texas electricity include green energy plans going mainstream, more consumers choosing to add solar panels to their homes, and opportunities to get rewarded for cutting your usage.

This is also the year that market restructuring will occur, as Texas looks to ensure grid reliability. Those changes will drive up future electricity prices beyond 2023.

We’ll review all that and more below. If you’re in a hurry and just want to find your best electricity plan? Jump right to our recommendations to find the best electricity rates.

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