electricity contracts Archives

The High Risk of Summer 2018 Texas Month to Month Electricity Plans

Last Updated June 1, 2018

Texas electricity customers face historically high electricity prices this summer. The rising energy rates are not so much a result of the cost of natural gas, the primary commodity used to generate electricity, but are a result of increased demand and anticipated shortages in supply. What does this mean for customers on variable rate, month to month electricity plans? High, high, high electricity rates for the dog days of summer. Who is most at risk? Prepaid electricity customers and customers on holdover rates from expired electricity contracts.

Electricity Contract Ending? Here’s What’s Next.

Electricity deregulation gives consumers the power to choose their own electricity provider and an electricity plan that fits their budget. But that fabulous rate you signed up for with your electricity provider will come to an end when your contract expires.

Don’t let your electricity contract expire without taking action. If you let your contract expire without renewing or switching providers, you will have high variable rate electric bill coming your way. Keeping a low rate isn’t overly difficult, but it does require some planning and timely action.

Stuck In A Contract With Your Electricity Provider? Know Your Options

Last Updated August 18, 2026

You’re never stuck in a contract with your electricity provider. There are always options available. You can negotiate a lower rate, switch to a different provider and pay the early termination fee, use the provider’s satisfaction guarantee (if available) or use your right of rescission if you just made the switch.

The bottom line is that you can still shop for electricity rates and plans even if you are in a long-term contract.

electricity contracts

We just need your ZIP code