Compare Electricity Rates and Shop For Electricity Plans
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.
Read More about Smart Electricity Shopping During the Holiday Season
Is a short-term or long-term electricity contract a better deal? Well, it depends.
The cost of electricity can vary widely from month to month. That’s why consumers go for a fixed rate electricity plan. That way you’re protected from wild rate swings.
But 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. Learn about the benefits of the fixed rate contract and how to determine the best electricity contract length for you.
TL;DR: Long-term electricity contracts of 24-36 months are often the cheapest price and protect you against inflation. Economic indicators across the country are pointing UP for energy costs. In Texas, it’s high power demand for data centers, bitcoin mining and industrial processes. In the northeast it’s capacity costs that are increasing your bills. Time to lock in.
Read More about Is a Short-Term or Long-Term Electricity Contract the Better Deal?
Overwhelmed by electricity plan choices? Feel like you might as well be throwing darts at a dartboard to pick your next electricity plan? We understand completely. You can start our step-by-step guide to shopping for Texas electricity. But if you need more help, we’ve got you.
ElectricityPlans.com provides a free personal electricity shopping service for Texas residential electricity customers called PlanScan™. With PlanScan, you can take the guesswork out of shopping for your next electricity plan.
Read More about PlanScan™ – A Personal Electricity Shopping Service (2026 Update)
Electric bill higher than expected? How can that be? You read the electricity providers’ information and picked what you thought was the best electricity plan available in your state. You even compared electricity rates offered and chose the cheapest plan.
Now you’ve received your first electric bill, and the power costs are much higher than you expected. And you’re wondering, Why is my electric bill so high? Why doesn’t the electricity rate on my bill match what you signed up for? Why is my electric bill higher than I expected?
Read More about Why Is My Electric Bill Higher Than I Expected?
If you’re a veteran, active military, Guard and Reserve member, or a military spouse, you may be eligible for a military discount on electricity.
If you live in a state with deregulated electricity, you can choose your electricity supplier. And you can find a plan that works for your budget and lifestyle. This can save you real money each month.
Read More about Military Discount for Active Military, Veterans, and Reserve
Do you feel like you are stuck in an electricity plan contract? What should you do if you are in a contract and electric rates go down? What if you find another electricity plan from another provider that’s better? And what if you are moving?
The big question is, “Can I cancel my electricity contract?” The answers depend on your specific situation. Each electric supplier has a unique policy for early termination fees and each state has their own rules about what your supplier can charge in different situations.
Read More about Stuck In A Contract With Your Electricity Provider? Know Your Options
Bill credit electricity plans are among the most popular in Texas. These are the electricity rates that look amazingly low at the advertised rate of 1000 or 2000 kWh. But dig into the details and you may find you’re paying a higher price per kilowatt hour than you expected. We call these plans a Texas teaser rate. And while they can be good for some consumers, they can be a big red flag for others.
Read More about Bill Credit Electricity Plans – Texas Teaser Rate or Good Deal?
As you’re shopping for electricity, you’ll come across plans that advertise phrases like “free nights and weekends” or “free nights and solar days” or even “free days electricity.” This may sound too good to be true, but they’re absolutely legitimate.
There are a lot of light companies with free nights and weekends plans. But, what you really want to know as an electricity consumer is, are free nights and weekends worth it? We explain how these plans work, their pros and cons and how to use them to save on your bill.
Read More about Do Free Nights and Weekends Electricity Plans Really Save Money?
If you are shopping for electricity based on the advertised rate or one of the three electricity rates shown on the Electricity Facts Label, stop. You might pick the electricity company advertising the lowest rate based on 500 kWh, 1000 kWh or 2000 kWh. But you could soon discover it’s not as straight forward as you’d hoped. Because unless you read the find print you may choose the wrong plan.
Before you blindly click on the plan with the lowest advertised rate, read this article.
Read More about Why Does Texas Have Three Electricity Rates?
