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. 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 30 years.
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.
Electricity rates in Connecticut went up an unprecedented 88% to 100% on January 1, 2023. Rates are declining July 1, 2023, but you can still lock in a low fixed rate for your home or business in Connecticut.
What an amazing honor to serve our customers.
Because of you, on November 4th, 2022, ElectricityPlans.com was among the top 100 companies from around the world selected for the 18th annual Aggie 100TM which honors the fastest growing companies owned by former students of Texas A&M University.
If you have a fleet of vehicles for your business, you may be considering going EV for your next purchase. With good reason. There are now more choices for passenger and light-duty fleet vehicles. Here’s a basic guide to fleet electrification 101.
It’s the Texas double whammy for electricity bills. We often think that only our summer electricity bills are high. But your winter electricity bill can also be expensive depending on our winter weather.
We get questions like this all the time from customers, friends and neighbors. Will electricity prices fall this fall?
Normally we would say, of course! Electricity prices always drop in the fall in Texas. And this year is no exception, based on what we’re seeing with pricing. Prices are dropping… just not as far as we all hoped.
This article was written in Summer 2022. See our Texas Electricity Rate Trends 2023 article for the latest electricity price forecast for 2023.
The Inflation Reduction Act of 2022 focuses on incentives for clean energy investments, including tax credits for consumers. The legislation includes emissions standards, tax incentives and grants with the goal of reducing carbon emissions by 40% by 2030.
But what’s in it for you? Tax credits for solar panels, battery storage, electric vehicles and electric appliances.
Shopping for business electricity in Texas can be a challenge. Here are the top 5 Texas business electricity mistakes made by business owners. And how to avoid them.
The electricity bill payment scam is on the rise in in Texas. Scammers will call you pretending to be from your light company and demand payment. They’ll threaten to turn your electricity off if you don’t pay right away.
Here’s how to tell an electricity bill payment scam from a real disconnection notice from your electricity company. And how to avoid getting ripped off.