electricity rates

Purchasing Business Electricity: Energy Procurement Strategy

What’s your energy procurement strategy? For most small business owners, this is just another item that they purchase for their business. You mark the calendar to shop for your next contract, but may give very little thought to other aspects of it.

Here are four things to think about for your energy procurement strategy, to get the best commercial electricity price for your business.

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New Tool Makes it Easy to Compare Electricity Plans Side by Side

No one every said it was easy to compare electricity plans. Sometimes it feels like you’re comparing apples and oranges. There are so many hidden fees, lots of details and it’s hard to find the best plan.

That’s why we created ElectricityPlans.com. And now we’re making it even easier with a new tool to compare electricity plans. The Compare Plans tool is part of our mission of electricity shopping made easy!

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What Electric Company Services my Address?

When you are moving, setting up utilities can be a hassle. Especially if it’s not clear what electric company serves your address. Here’s how to find your local electric company by address in Texas.

Summary: You can find your local electric company in Texas by using an ESID Lookup Tool (Electricity Service Identifier), updated daily. Just enter your address to look up your utility company. Plus you’ll see offers from retail electricity providers. Over 85% of Texas is deregulated, meaning you must shop for an electricity provider.

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How Does Weather Affect Texas Electricity Rates?

Extreme weather in Texas has a significant impact on electricity prices in the state, since heating and cooling drives electricity usage.

Weather can significantly impact Texas electricity rates due to supply and demand. Warm weather drives high electricity usage for cooling homes and businesses. Cold weather extremes cause power usage to soar with demand for heat. And yet electricity supply has its limitations. Your best bet for electricity shopping is to avoid the seasonal extremes.

In this article we review how weather impacts both supply and demand, how weather impacts electricity prices and why fixed rate plans are your best protection against weather risks.

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Lowest Electricity Rates in Pennsylvania (December 2024)

Looking for the cheapest electricity rates in Pennsylvania? It’s no wonder. Standard offer rates from the state’s utility companies change frequently. A low fixed rate from a PA electricity supplier protects you against rate increases. And there are multiple offers that beat your current price. Use the tools below to compare providers plans and rates.

Electricity rates in PA are competitive. That’s why we update this article monthly to highlight your best bests for the lowest prices. Once you enter your zip code, we not only show supplier rates, we also display the current price to compare for your utility. That makes it easy to see what kind of deal you can get.

Here is our recommendation on the cheapest electric suppliers in PA, and the best deals on electricity rates for December 2024.

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Texas Electric Rates – Market Trends and Price Forecast 2024

Texas electricity rate trends for 2024 show prices similar to 2023. Here’s our Texas electricity rates trend forecast, key factors driving electricity prices and what types of electricity plans will be popular this year.

Key Takeaways:

  • Texas electricity prices for 2024 will continue at levels seen in 2023. Residential electricity rates will average 14-18¢ per kWh including delivery costs.
  • Longer term contract terms (24 to 36 months) will be the cheapest electricity options.
  • Winter 2024-2025 is expected to be mild BUT ERCOT meteorologists are warning of the possibility of a deep freeze this winter, which will drive price up if/when it happens.

Jump right to the cheapest electricity plans in Texas or read on for our trends and price forecast.

Whether you live in Houston, Dallas or another area, the question is always, “Will electricity prices in Texas go down anytime soon?” Don’t bet on it.

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How to Compare Electricity Rates in Pennsylvania

Need the basics on how to shop for electric rates in PA? You’re in the right place. In this article, you’ll learn the 101 on deregulation, how to compare PA electric rates and how to select an electricity supplier.

Steps to compare electricity rates in PA are simple. Enter your zip code on a rate comparison shopping site, compare electricity plans and select your provider. You’ll still get a single bill from the electric utility, but it will list your new provider and fixed rate instead of the utility price to comapare.

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