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Managing Your Commercial Electricity Contract

When you signed your commercial electricity contract, it included a list of meters and service addresses covered by the contract. It also included benchmark usage information (typically your historical usage) and clauses about penalties for material changes in usage.

All that comes into play when things change. Whether it’s an additional location, moving to a new location, adding new equipment or selling your business, material changes can have an impact on your electricity contract. This article will help you understand what to look for.

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What Electric Company Serves my Address?

When you are moving, setting up utilities can be a hassle. Especially if it’s not clear what electric company serves your address. Here’s how to find your local electric company in Texas.

Summary: You can find your local electric company in Texas by using an ESID Lookup Tool (Electricity Service Identifier), updated daily. You’ll find the name of your local utility company and offers from retail electricity providers. Over 85% of Texas is deregulated, meaning you must shop for an electricity provider.

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How Does Weather Affect Texas Electricity Rates?

Extreme weather in Texas has a significant impact on electricity prices in the state, since heating and cooling drives electricity usage.

Weather can significantly impact Texas electricity rates due to supply and demand. Warm weather drives high electricity usage for cooling homes and businesses. Cold weather extremes cause power usage to soar with demand for heat. And yet electricity supply has its limitations. Your best bet for electricity shopping is to avoid the seasonal extremes.

In this article we review how weather impacts both supply and demand, how weather impacts electricity prices and why fixed rate plans are your best protection against weather risks.

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Cheapest Electricity Rates in Pennsylvania (April 2024)

Looking for the cheapest electricity rates in Pennsylvania? It’s no wonder. Standard offer rates from the utility change frequently. A fixed rate from a PA electricity supplier protects you against rate increases. And there are multiple offers that beat your current price to compare.

Cheapest electricity rates vary, but we update this article monthly to highlight your best bests for low prices.

Here is our recommendation on the 3 cheapest electric suppliers in PA, and the best deals on electricity rates for April 2024.

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Texas Electric Rates – Market Trends and Price Forecast 2024

Texas electricity rate trends for 2024 show prices similar to 2023. Here’s our Texas electricity rates trend forecast, key factors driving electricity prices and what types of electricity plans will be popular this year.

Key Takeaways:

  • Texas electricity prices for 2024 will continue at levels seen in 2023. Residential electricity rates will average 14-16ยข per kWh including delivery costs.
  • Longer term contract terms (24 to 36 months) will be the cheapest electricity options.

Jump right to the cheapest electricity plans in Texas or read on for our trends and price forecast.

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Is a Heat Pump HVAC System Right for Your Home?

When it comes to heating and cooling you home, you have options available. Instead of a traditional central air conditioning/furnace system, some homeowners are considering Air Source Heat Pump HVAC instead.

Heat pumps can be worth it because they can save money and improve efficiency, with an average savings of around $600 annually vs. a traditional HVAC system.

In this article, we review the basics and the pro/cons of an heat pump HVAC system.

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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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