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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.
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.)
What’s going on with Texas (ERCOT) electricity? And more importantly, why don’t I have lights?
Below we walk through what’s going on with Texas electricity during this brutal cold snap. We also have some ideas on why rolling blackouts have turned to 36+ hours without power in some areas.
Read More about What’s Going On With Texas Electricity? February 2021
Your Texas business may qualify for a sales tax exemption on your electricity bill. Any business that uses electricity in their production activities could qualify.
You’ll need an engineering study, called a Predominant Use Study, to prove what percent of your electricity usage goes into production. And you’ll need to file a Form 01-339 Exemption Certificate with the state in order to get the Utility Sales Tax Exemption.
But it’s worth it to save anywhere from 6-8% or more on your business electricity bill. Here’s what you need to know about the Texas Sales Tax Exemption and how to your business can qualify.
Read More about Sales Tax Exemption in Texas – Cut Your Business Electricity Cost
In times of uncertainty, it’s natural for people to be concerned about those things that they can’t control. At ElectricityPlans.com we are working to get answers to some of the most common questions you may have about electricity reliability.
Will my power be disconnected if I can’t pay my bill?
What are electricity prices like right now?
Read More about Impact of Coronavirus on Texas Electricity Grid
Where are energy rates going for 2020? And what are the trends to watch? In this article we examine some of the important factors in energy rates, including: natural gas prices, the continued growth of renewable energy, and potential changes in capacity markets.
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
Relocating to Texas? Here are three things that are unique when you move to Texas, plus tips from relocation experts and our free moving checklist.
Breeze Energy customers got a rude surprise on May 30, 2018. They received notification that their retail electric provider had gone out of business. They would now be served at a high market rate by the Provider of Last Resort, or POLR. What would you do if you received such a notice? And what is the risk of it happening to you?
Read More about The Breeze Energy Meltdown: A Sign of Things to Come?
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.
Read More about The High Risk of Summer 2018 Texas Month to Month Electricity Plans
