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.
fixed-rate electricity plans
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!)
It’s no secret that the cost of electricity can vary widely from month to month.
Most electricity customers discover this firsthand if they have signed up for a month-to-month electricity plan which has a variable rate. There are price fluctuations that happen each month depending on factors such as customer demand (largely related to weather), and the available supply of electricity. To avoid these price swings, most residential electric customers choose a fixed rate electricity contract that locks in a favorable energy rate for a fixed length of time.
How do you determine what length of contract to sign? Is a short term or long term electricity contract better? It depends largely on the region of the country that you live in and the time of year that you are shopping for a fixed rate. Electricity contract term lengths vary and can be as short as 3 months or as long as 5 years. Most customers select contract terms between 6 months to 2 years. Learn about the benefits of the fixed rate contract and how to determine the best electricity contract length for you.
Since the Texas legislature deregulated the retail electricity industry in 2002, millions of Texans have chosen to compare electricity rates and switch electricity providers. The ability to switch electricity providers has resulted in significant savings for many Dallas customers. If you want to find the cheapest electricity in Dallas, here’s how to do it.
Texas electricity deregulation has given millions of Houston residents and businesses the power to choose their electricity rate.
However, the Power to Choose site and most energy shopping sites are full of electricity rates that are difficult to compare because of things like introductory rates, bill credits, narrow usage levels, unexpected fees, and legalese buried in the Electricity Facts Label.
You may think you have the cheapest electricity rate in Houston, only to find out it was a gimmick. That’s why we created ElectricityPlans.com
Here’s how to find the cheapest electricity rates in Houston.
Choosing the electricity plan type is just one of many choices you’ll have when choosing your new electricity plan. It can be confusing to sort through the different options available, especially if you’ve never bought an electricity plan before. Take a breath, because finding the perfect plan rate type for your family or small business is a lot easier than it looks.
There are three main options for plan types: