Compare Electricity Rates and Shop For Electricity Plans
Where are electricity rates headed in 2018? You’ve likely heard rumors about tax cuts reducing your utility bill, but what are the other variables that will make your rates go up or down? Let’s examine the most important energy factors that will contribute to retail electricity price movements over the next 12 months.
UPDATE: Looking for 2019 Energy Trends? See Energy Trends to Watch in 2019.
December means holiday shopping season for many people, but the one item most people leave off their list is to shop for a new electricity plan.
If your contract is due to expire in the next couple of months, you might be surprised at the affordable rate plans you can find during the holiday season. Winter is traditionally a slow season for electricity shopping, yet there are several good reasons to compare electric rates and lock in a plan for the upcoming year.
You might think that cold weather means higher rates, but that’s not always true.
Read More about Smart Electricity Shopping During the Holiday Season
The holidays are coming and, for most people, that means your electricity usage will go up. This likely means that your holiday electric bills will go up as well.
Between late night festivities, holiday decorations, house guests, and lots of extra activity, utility bills go up almost every holiday season. That doesn’t have to happen, though, if you follow some helpful hints for cutting down on your power usage during these coming holiday weeks.
Read More about 7 Tips To Keep Your Electric Bill Off The Naughty List
Whether you prefer delicate light strands or imitate Clark Griswold in Christmas Vacation, holiday lights are a part of our traditions.
For most people, once they start, the light displays continue to grow, year after year. After all, who can pass up the deep discounts at those after-Christmas sales? But your electric bill will continue to grow too, unless you buy energy efficient LED holiday lights.
Bottom line? It’s time to toss out your old strings of lights. Today’s LED Christmas lights will add 90% less to your electric bill vs. traditional lights. If you’re looking to save (or accurately assess the full wattage of your Christmas decorations), our tools below will help you calculate what you generate each year and understand how your electric bill reflects these costs.
Read More about Incandescent vs. LED Christmas Lights: How Much Does it Impact Your Power Bill?
It’s our annual holiday gift giving guide to smart home technology! With these gifts, the tech-loving recipient gets a fun gadget plus energy savings for the home. Many of these devices will be on sale during Black Friday, so check online for current pricing and deals!
Read More about Smart Home and Tech Gadgets for Holiday Gift Giving
Sharyland customers – your nightmare electricity bills are officially coming to an end.
On July 24, 2017, Oncor announced that it had reached a definitive asset swap agreement with Sharyland Utilities (SU) valued at approximately $400 million. Upon PUCT approval and successful close of the transaction, Sharyland will receive approximately 258 miles of 345 kV transmission lines from Oncor, and Oncor will receive all of Sharyland’s distribution network and, following ERCOT transitioning, all of Sharyland’s retail delivery customers.
Read More about The Oncor/Sharyland Deal: How Customers Will Benefit
Is a short-term or long-term electricity contract a better deal? Well, it depends.
The cost of electricity can vary widely from month to month. That’s why consumers go for a fixed rate electricity plan. That way you’re protected from wild rate swings.
But how do you determine what length of contract to sign? Is a short term or long term electricity contract better? It depends largely on the region of the country that you live in and the time of year that you are shopping for a fixed rate. Learn about the benefits of the fixed rate contract and how to determine the best electricity contract length for you.
TL;DR: Long-term electricity contracts of 24-36 months are often the cheapest price and protect you against inflation. Economic indicators across the country are pointing UP for energy costs. In Texas, it’s high power demand for data centers, bitcoin mining and industrial processes. In the northeast it’s capacity costs that are increasing your bills. Time to lock in.
Read More about Is a Short-Term or Long-Term Electricity Contract the Better Deal?
Texas is deregulated. That means that most — but not all — Texans have a choice of electricity supplier. If you live in an area served by an electrical cooperative, a municipal owned utility, or a utility that’s not part of ERCOT, you can’t choose your electricity provider.
Read More about Texas is Deregulated. Why Can’t I Choose My Electricity Provider?
Electricity deregulation gives consumers the power to choose their own electricity provider and an electricity plan that fits their budget. But that fabulous rate you signed up for with your electricity provider will come to an end when your contract expires.
Don’t let your electricity contract expire without taking action. If you let your contract expire without renewing or switching providers, you will have high variable rate electric bill coming your way. Keeping a low rate isn’t overly difficult, but it does require some planning and timely action.
Read More about Electricity Contract Ending? Here’s What’s Next.
If you are moving before your electricity plan expires? In Texas, you can take it or break it. That means you can take your electricity contract with you to your new home or break your contract with no penalty. You can even have electricity in your name in two homes while you are moving.
Read More about Moving Before Your Electricity Plan Expires?
