Texas electricity prices are on the rise in 2022. Here’s why Texas electricity prices are so high right now, and some strategies on how to get the best price for your home or business. (Use that link to jump right to our recommendations, or read on for geopolitics and economics 101.)
But know this. Historically, electricity rates increase in July and August each year. So if you are waiting for prices to fall? We don’t have a crystal ball, but we think it’s unlikely that prices will get back to 2021 levels.
Your best bet for the cheapest electricity plan is one without complicated rate structures or bill credits. Here’s how to quickly find cheap rates:
- Enter Zip Code
- When viewing plans:
- Select kWh Usage – 500, 1000, 2000 or enter your average
- Select Plan Features = Basic Electricity
- Sort by: Low to High