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In 2022, we had some of the highest electricity prices since deregulation. But now? Prices have come down by 30% or more vs. last year.
Here’s a recap on why prices are so high some years (and during the summer) and some strategies on how to get the best price for your home or business.
For the latest on electricity price forecast, check our article on 2023 Texas Electricity Price Trends or enter your zip code below.
Your commercial electricity bill typically has three sections – delivery charges, supply charges and demand charges. Understanding each of these can help you cut your business’ electricity bill.
Read More about How to Read Your Commercial Electricity Bill
Sustainable living, green living, eco friendly homes. Are they all just marketing terms? Or do they mean something?
Eco-friendly focuses on reducing harm to the environment, while sustainability considers the future impact of today’s actions. In this article, we’ll dive into the definitions of each term, and provide a case study example to further illustrate the difference.
Read More about Sustainable Home vs. Eco Friendly Home – What’s the Difference?
When it comes to home budgeting, your electricity bill takes a big portion of your paycheck each month. Here are simple tasks that can lower your electricity bill while maintaining your home comfort.
Texas electricity rates in 2022 continue to show the greatest value with long terms plans. The other big trend? More green energy electricity plans as Texas moves generation to renewable energy.
(In a hurry? Jump right to our recommendations on the best residential Texas electricity plan for 2022.)
A commercial energy broker can help your business save money on energy costs, manage contract renewals, and find the best energy solution. They can also provide advice on various energy plans and contract terms, saving you a significant amount of time.
Read More about Using an Energy Broker for Commercial Electricity
The plans have been made. The bags are packed. You deserve a vacation. But what are the best thermostat settings for vacation to keep your electricity bill low? In other words, when you’re in vacation mode, is there a vacation mode for your house?
The best approach is to set your vacation thermostat about 10 degrees higher (summer) or lower (winter) than you normally set it when away from home. This lowers the amount of time your HVAC system is running while you are away. In general, don’t set it above 85° in the summer or below 50° in the winter.
If you’re a business owner in Texas, you need to know that Ancillary Services could be passed through on your bill, depending on your contract language.
Ancillary Services are processes that help the ERCOT grid maintain a stable, efficient and safe operation. These processes and tools let ERCOT control voltage, frequency, flow and system recovery if there’s an emergency event. And new ancillary services charges in Texas could show up as line items in your business electricity bill.
Read More about Texas Ancillary Services – What Are They? And Why Should You Care?
A sustainability strategy for your small business can help you attract new employees and new clients, as well as contribute to a greener environment. And becoming a green business can have a big impact on your bottom line. Here’s how to develop a sustainability strategy for your business.
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Electric Vehicles, or EVs, are an increasingly popular choice for vehicle purchases. But before you buy an electric car, you may want to look at how much it will cost to charge. After all, how much will an EV add to your electricity bill? Here’s how to calculate the costs of charging your EV at home.
How much does it cost to charge an EV at home? Use your car’s battery storage kWh and multiply that by your price per kWh. That’s a good estimate of how much it costs every time you fully charge your EV. For example, a 40 kWh battery, charged with power that costs 11.4¢ per kWh (the Texas average rate), will cost $4.56 to fully charge.
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