If you are moving before your electricity plan expires? In Texas, you can take it or break it. That means you can take your electricity contract with you to your new home or break your contract with no penalty. You can even have electricity in your name in two homes while you are moving.
Should I Take My Electricity Plan with Me When I Move?
It’s easy to transfer your electricity service to your new home. But you must ask yourself these 2 questions first.
1) Can you take your electricity plan to your new home when you move (transfer of service)?
- If you are moving within the same electric delivery area in Texas, you can transfer your electricity plan and rate to your new home.
- If you are moving to a different electric delivery area, you can not transfer your electricity contract to your new home.
2) Should you take your electricity plan with you when you move?
So you’ve determined whether you can keep your electricity rate and transfer it to your new home. But should you?
Compare your current rate to the latest electricity offers in the market.
- If you have a lower rate than what’s offered in the market, keep your electricity plan and take it with you through a transfer of service.
- But if you can lock in a lower rate by switching to a new electricity plan go for it! Moving is the one time you can break your Texas electricity contract with no penalty.
Moving: Should I transfer my Texas electricity contract to my new home?
To sum it up, the decision of whether to do a transfer of electricity service to your new home depends on price and location.
- If your current rate is lower than the electricity rates currently being offered, then take it with you through a transfer of service. This is only available if you are moving within the same electric delivery area.
- If your current rate is higher than electricity rates currently being offered, then break your contract by submitting a move-out request with your current provider.
You can schedule a transfer of service or a move-out through your electricity company’s online account system. Or call them at the phone number listed on your bill.
View Current Electricity Rates Near You
Can I Have Electricity in Two Houses While Moving?
When you are moving, you may need to have electricity in two homes at the same time. Maybe you need to turn on power in your new apartment, but leave the power on in your old apartment for final cleaning. Or maybe your house is still on the market.
Whatever the reason, you may be wondering, can I have electricity service in my name at two residences? Yes you can. Here are the simple steps to have utilities at two places.
Here’s how to have electricity in your name in two houses while moving in Texas:
- Contact your electricity provider.
- Tell them you are moving and need to set up service in your new home.
- Give them the start date for electricity in your new home, and the date for service to stop in your old home.
- You will have the same electricity rate at both houses, under a single electricity contract.
Alternately, you can set up electricity service for two homes under the same contract online.
- Log in to your account with your electricity provider.
- Look for “Transfer My Service.”
- Schedule a move-in for service for your new home.
- Schedule a move-out for service for your old home, for a future date within the next 60 days
There. Now you have service for two homes under the same electricity plan agreement.
Important note: Most providers will allow you to have two houses under the same electricity plan contract for up to 60 days. Make sure you discuss the timing of your move out with the electricity company representative.
It’s easy to transfer your contract, and it’s one less thing to think about during your big move. But it’s your choice.
If you have a mediocre electricity rate, or a plan that’s not working for you, there’s no reason to transfer the contract. Moving is an immediate out of your electricity contract. Take advantage of the opportunity to shop for a new electricity plan.
Break Your Texas Electricity Contract With No Termination Fee
If you are moving, you can break your Texas electricity contract with no termination fee.
This is a Texas Public Utility Commission rule. You’ll also find this information on your electricity facts label for your electricity contract.
As long as you can provide proof of a change of address, your electricity provider cannot charge you an early termination fee. This is usually accomplished by providing a forwarding address for your final bill.