Smart Electricity Shopping
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.
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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
Shopping for business electricity in Texas can be a challenge. But you can avoid common mistakes businesses make in energy procurement by knowing what to look for.
Most mistakes are simple oversights. Don’t treat electricity procurement like it’s just another purchasing decision. These can be complex contracts and it’s important to avoid these errors.
Read More about Top 5 Texas Business Electricity Mistakes
Finding the cheapest electricity rates in Texas doesn’t have to be a chore or require tons of research. Every month, we update our recommendation for the top three cheapest electricity companies in Texas, and our cheapest electricity rates for fixed rate plans. Here’s the January 2025 update.
We said last month that prices would be stable in December, but would rise in January or February if we have an extended cold snap. An arctic blast is expected to hit Texas on January 7-11. Prices may increase if ERCOT signals limited resources.
Read More about Cheapest Texas Electricity Rates and Plans (January 2025)
Texas is a top state for residential solar panels. According to Google Project Sunroof, 90% of Texas buildings are solar-friendly. But what are the top cities for solar panels in Texas? And why are they the best cities to consider rooftop solar? Here’s our summary of the best cities for solar in Texas, based on third party data.
Read More about Best Cities for Using Solar Panels in Texas
Times are tough right now with inflation. And with rising electricity costs, it may get hard to pay your electricity bill.
Texas has many programs that can help with electric bills. The central resources for financial assistance with electric bills is 211 Texas. Dial 2-1-1 from your phone, call 877-541-7905 or go online to 211texas.org.
You also have other options including payment arrangements and deferred payment plans.
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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.
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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.)
Read More about Texas Electricity Trends 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 advise you on various energy plans and contract terms, saving you a significant amount of time.
Read More about How to Use an Energy Broker for Commercial Electricity
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?