It’s the Texas double whammy for electricity bills. We often think that only our summer electricity bills are high. But your winter electricity bill can also be expensive depending on our winter weather.
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.
Let’s take a look at where electricity prices are this year versus last year, what’s going on, and where Texas Fall 2022 electricity prices may be headed.
The new year is here! Along with New Year’s resolutions to save on your electricity bill. Whether your electricity contract expires in January or you are getting off a month to month electricity rate, here are the top 3 cheapest electricity companies in Texas, and our cheapest electricity rates for fixed rates plans.
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.)
Texas electricity rates in 2022 continue to show the greatest value with long terms plans. The other big trend? More green energy electricity plans as Texas moves generation to renewable energy.
(In a hurry? Jump right to our recommendations on the best residential Texas electricity plan for 2022.)
Many businesses use an energy broker to shop for commercial electricity. An energy broker can show you prices from multiple electricity companies and help you quickly find the best rates. If you’re wondering, “Should my business work with an energy broker?” here’s information that can help you decide.
A satisfaction guarantee can go a long way toward making you feel confident in your choice of Texas electricity plan. After all, there are a lot of things to compare when you’re shopping for electricity. That’s why we like these electricity companies with a satisfaction guarantee. With 2022 electricity prices higher than they’ve ever been, a satisfaction guarantee give you a chance to shop around. And if prices drop, you have an out.
Looking for the best electricity rates in Texas? Use our guide to find the best power prices for you, the Top 10 electricity plans in your area, and info on how to compare plans.
With the Electricity Bill Calculator you can easily see how much you’ll pay for your Texas electricity based on your usage. You can enter your personal monthly kWh usage and we’ll calculate an estimated bill and price per kilowatt hour. That’s how to find the best electricity plan for your home.
Texas electricity rates in 2019 were relatively flat compared to the prior year. And if you were in a fixed rate contract throughout 2019, you had a secure price. But those who were on a variable rate or a wholesale index rate (i.e. Griddy Energy) had their rate explode in mid August when ERCOT hit a historic usage level.
So what will happen in 2020? It all depends. But indications are that market forces are driving up retail energy prices in the short term, and that long-term contracts might be the way to go this year.
>>Want the latest Texas electricity trends? Here are Texas Electricity Trends for 2021