Last year saw increased wholesale and retail prices in Texas due to low reserve margins and hot weather. This year will bring more of the same. Learn how reserve margin, weather, and operating reserves were expected to all play a role in driving up 2019 Texas electricity rates.
Smart Electricity Shopping
Where are energy rates going for 2019? And what are the trends to watch? In this article we examine some of the important factors in energy rates, including the price of natural gas, continued closure of coal-fired plants, the increase in renewable energy generation, and the falling costs of battery storage.
If you’re wondering how to shop for a CT electric supplier, and looking for CT electricity info, you’ve come to the right place! You can find the best CT electric rates, you just have to know how to shop. We’ll teach you how to compare electricity rates so you can get the benefits of CT electricity deregulation.
When you switch your electric supplier in CT, you’ll benefit from savings versus the standard service rate. You’ll also have the stability of a fixed rate plan over the life of your contract. You can even choose from plans that have green energy, free stuff, or that support a charity.
If you’re wondering how to shop for an OH electricity supplier, you’ve come to the right place! We’ll help you learn how to make an apples to apples comparison of OH electricity rates and plans, the switching process, and the benefits of switching.
When you switch your electric supplier, you’ll benefit from savings versus the price to compare and the security of a fixed rate plan with a secure rate. You can even choose from plans that have green energy, free stuff, or that support a charity!
Being the electricity geeks that we are, we talk way too much with our customers, friends, and family about the price they’re paying for electricity. For whatever reason, people happen to like to swap stories about their electricity provider and rate. The conversation usually starts with “Hey, guess what? I just got a <insert ridiculously low rate>,” and usually (unfortunately) ends with a gotcha and a comment about teaser rates, fine print, and usage.
The biggest piece of advice we give to electricity shoppers is to know your historical electricity usage. This is especially true in markets like Texas where the advertised price of electricity is a combination of an energy rate and a delivery rate, and the final price you pay is completely dependent on your monthly kWh usage.
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.
When you’re shopping for a new or better deal on electricity, your goal is naturally to find the cheapest electricity rate available. Easy enough, right? Actually, there’s more.
Electric suppliers offer many choices when it comes to your electricity options. Customers must consider not only the rate, but also additional features and incentives that go along with the rate. You’re really shopping for an electricity plan. Learning about all of the features included in an electricity plan can help you save on your energy usage, earn rewards, and ultimately save you money.
It’s no secret that the cost of electricity can vary widely from month to month.
Most electricity customers discover this firsthand if they have signed up for a month-to-month electricity plan which has a variable rate. There are price fluctuations that happen each month depending on factors such as customer demand (largely related to weather), and the available supply of electricity. To avoid these price swings, most residential electric customers choose a fixed rate electricity contract that locks in a favorable energy rate for a fixed length of time.
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. Electricity contract term lengths vary and can be as short as 3 months or as long as 5 years. Most customers select contract terms between 6 months to 2 years. Learn about the benefits of the fixed rate contract and how to determine the best electricity contract length for you.
If you’ve got bad credit, or if you’re just starting out in life and don’t have credit established, you’ll likely have to pay a hefty deposit with your electricity provider in order to get power to your home or apartment. Texas has another option for credit-sensitive customers – prepaid electricity plans. Prepaid electricity plans require no deposit, no credit check, and no ID, and you can get same day electricity in most cases.
Prepaid electricity plans work the same way as prepaid phone cards: you buy a certain amount of power ahead of time, and when you use it all up you buy more. Prepaid plans are not just for customers wanting to avoid a hefty deposit. Prepaid electricity plans also come with tools and alerts to help you save energy and manage the cost of electricity.