Compare Electricity Rates and Shop For Electricity Plans
Since deregulation began in Texas in 2002, many Texans have had a choice in their electricity provider. In fact, over 85% of Texans live in an area with electricity choice.
What choices did consumers make in 2024? In our first annual electricity shopping review, we’ll reveal price trends, what plans consumers picked, and Texas electricity shopping statistics.
Read More about Texas Electricity Shopping Statistics – Annual Review 2024
Everyone knows about Texas summers. Hot, hot and more hot. We hit records in 2023 and 2024, both in temperature levels and duration of the heat.
Fewer think about Texas’ winter extremes. But as a former PUCT staff member told us, “The Texas grid is much more fragile in response to winter weather than it is to summer weather. Be prepared.”
Thanks to the support of our customers and partners, on October 4, 2024, ElectricityPlans.com was among the top 100 companies from around the world selected for the 20th annual Aggie 100TM which honors the fastest growing companies owned by former students of Texas A&M University.
A copy of our press release is below!
Summer electricity peak demand in Texas is expected to grow nearly 80% in the next 10 years, from 85,464 MW in 2023 to a projected 153,230 MW in 2033. And no, electric vehicles aren’t the cause.
According to the Electric Reliability Council of Texas (ERCOT), the entity responsible for managing the Texas grid, the three factors driving electricity demand in Texas (in order of impact) are:
When the lights are out in the Houston area, the most important question is, when will power be back on?
In this article, you’ll find the link for CenterPoint Energy’s outage map and information on how to use it, plus all the contact information you need to report a power outage in the area.
Read More about CenterPoint Energy Outage Map: When Will Power Be Restored in Houston?
Delivery rates for Texas electricity change twice a year, in March and September. Rates always drop in March and increase in September. This September, rates for Oncor and Centerpoint are comparable to last year, with AEP Central, AEP North and TNMP showing increases.
Find current and historical delivery rates using the links below.
Ohio utility rates increased dramatically in June 2023. Residents and business owners can shop for competitive suppliers and potentially save big on their electricity bills. Below you can find current utility rates in Ohio and how to shop.
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.
Read More about Connecticut Electricity Rates Skyrocket in 2023
For homeowners, the Inflation Reduction Act of 2022 includes over $8 billion for home energy efficiency and home electrification projects. You can receive tax credits for new technology including home solar panels, battery storage, or electric vehicles. And you can get tax credits and incentives for replacing your clothes dryer, water heater and cooktop, or for swapping out your HVAC for a heat pump HVAC.
Read More about Tax Credits for EV, Solar & Electrification – The Inflation Reduction Act of 2022
