Smart Electricity Shopping Archives - Page 3 of 8

Tax Credits for EV, Solar & Electrification – The Inflation Reduction Act of 2022

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.

Top 5 Texas Business Electricity Mistakes

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.

Cheapest Texas Electricity Rates and Plans (December 2024)

Last Updated December 2, 2024

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 December 2024 update.

Seasonality is in full effect, and prices are at affordable levels. We expect prices to remain low through December. Rates will rise in January or February if we have any extended cold snap.

Best Cities for Solar Panels in Texas

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.

How to Get Help Paying Electric Bill

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.

Why are Texas Electricity Prices So High?

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.

Texas Electricity Trends for 2022

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.)

Using an Energy Broker for Commercial Electricity

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.

Texas Ancillary Services – What Are They? And Why Should You Care?

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.

How Much Does it Cost to Charge an EV at Home?

Last Updated November 5, 2024

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 electric car 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. That’s 40 * $0.114.

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