electricity shopping

What Electric Company Serves 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 in Texas.

Summary: You can find your local electric company in Texas by using an ESID Lookup Tool (Electricity Service Identifier), updated daily. You’ll find the name of your local utility company and 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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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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Cheapest Electricity Rates in Ohio (May 2024)

Looking for the cheapest electricity rates in Ohio? It’s no wonder. Standard rates from the largest utilities increased this year. You may be able to lock in significant savings versus your current price to compare.

The cheapest electricity companies and offers in Ohio vary all the time. We update this article each month with our recommendation on the 3 cheapest electric suppliers in Ohio. Here are our cheapest rates as of May 2024.

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What are Market Securitization Charges?

Market securitization charges are a new line item on Texas electricity bills. They’re a direct outcome of Winter Storm Uri, paying for some of the extraordinary costs of that storm.

The Texas legislature passed House Bill (HB) 4492 in 2021 in response to the storm’s financial impact on the ERCOT power region.┬áThe legislation allows Texas REPs to add the charge to their bills for the next 30 years

You can’t avoid paying these fees, which are from a regulatory change. But you might as well understand them, since you’ll be paying them for the next 3 decades.

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Will Electricity Prices Fall this Fall in Texas?

We get questions like this all the time from customers, friends and neighbors. Will electricity prices fall this fall?

Normally we would say, of course! Electricity prices always drop in the fall in Texas. And this year is no exception, based on what we’re seeing with pricing. Prices are dropping… just not as far as we all hoped.

This article was written in Summer 2022. See our Texas Electricity Rate Trends 2023 article for the latest electricity price forecast for 2023.

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Why are Texas Electricity Prices So High?

In 2022, we had some of the highest electricity prices since deregulation. But now? Prices have come down by 30% or more vs. last year.

Here’s a recap on why prices are so high some years (and during the summer) and some strategies on how to get the best price for your home or business.

For the latest on electricity price forecast, check our article on 2023 Texas Electricity Price Trends or enter your zip code below.

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