electricity rates

The Definitive Guide to Shopping for Electricity in Texas

You want to understand how to shop for electricity in Texas. You’ve probably bounced around to a lot of sites, looking for  something comprehensive that answers all your questions on how to shop for electricity and how to save money on your electricity bill.

Well, you found it. Here’s the definitive guide to shopping for electricity in Texas, to answer all your questions in one place.

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Texas Electricity Rates Surprise This Year! (August 2019 Update)

Last year saw increased wholesale and retail prices in Texas due to low reserve margins and hot weather. This year will bring more of the same. Learn how reserve margin, weather, and operating reserves were expected to all play a role in driving up 2019 Texas electricity rates.

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Energy Trends to Watch in 2019 (2019 Update)

Where are energy rates going for 2019? And what are the trends to watch? In this article we examine some of the important factors in energy rates, including the price of natural gas, continued closure of coal-fired plants, the increase in renewable energy generation, and the falling costs of battery storage.

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How to Shop for Business Electricity Rates

When you’re in business for yourself, business electricity is just one of the things that make it possible to work. You’ve got to shop for great business electricity rates plus set up internet, phone, computers, and maybe an alarm system, and of course hire and manage employees! We’re here to help you understand how to shop for business electricity rates and get the best plan for your business, whether it’s a small or large business. (The rest of it is up to you!)

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How to Shop for an Electric Supplier in Ohio

If you’re wondering how to shop for an OH electricity supplier, you’ve come to the right place!  We’ll help you learn how to make an apples to apples comparison of OH electricity rates and plans, the switching process, and the benefits of switching.

When you switch your electric supplier, you’ll benefit from savings versus the price to compare and the security of a fixed rate plan with a secure rate. You can even choose from plans that have green energy, free stuff, or that support a charity!

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What’s Ahead for Texas Summer Electricity Rates: Supply, Demand, and Reserve Margins

If you’ve shopped for an electricity plan in Texas recently, you’ve probably noticed that rates are rising. In fact, some of the energy rates for Texas plans have increased over 30% so far in 2018 and will continue to rise as the summer approaches.

What’s contributing to this rise? In short, it’s simple economics. Understanding the market forces at play in ERCOT will help you make an informed decision about your energy needs going into the summer and avoid a painful utility bill.

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Electricity Plans: More Than The Best Electric Rate

When you’re shopping for a new or better deal on electricity, your goal is naturally to find the cheapest electricity rate available. Easy enough, right? Actually, there’s more.

Electric suppliers offer many choices when it comes to your electricity options. Customers must consider not only the rate, but also additional features and incentives that go along with the rate. You’re really shopping for an electricity plan. Learning about all of the features included in an electricity plan can help you save on your energy usage, earn rewards, and ultimately save you money.

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Comparing the Best Prepaid Electricity Plans in Texas

If you’ve got bad credit, or if you’re just starting out in life and don’t have credit established, you’ll likely have to pay a hefty deposit with your electricity provider in order to get power to your home or apartment. Texas has another option for credit-sensitive customers – prepaid electricity plans. Prepaid electricity plans require no deposit, no credit check, and no ID, and you can get same day electricity in most cases.

Prepaid electricity plans work the same way as prepaid phone cards: you buy a certain amount of power ahead of time, and when you use it all up you buy more. Prepaid plans are not just for customers wanting to avoid a hefty deposit. Prepaid electricity plans also come with tools and alerts to help you save energy and manage the cost of electricity.

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PlanScan – A Personal Electricity Shopping Service (2019 Update)

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.

ElectricityPlans.com is 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.

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Why Is Your Electric Bill Higher Than You Expected?

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. What’s going on? Why doesn’t the electricity rate on your bill match what you signed up for? Why is your electric bill higher than you expected?

When it comes to choosing the right electricity plan, it really does pay to spend time reading the fine print. To get an accurate apples to apples comparison, the details buried deep in each plan’s rate documents are the ones that determine how much you’ll actually pay at the end of each month.

Live in Texas? See How To Read An Electricity Facts Label (EFL) for more information.

Unfortunately, many electricity customers pay more than expected on their electric bills and don’t realize it. Let’s break down the most common reasons for unexpectedly high electric bills.

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