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Managing Your Commercial Electricity Contract

When you signed your commercial electricity contract, it included a list of meters and service addresses covered by the contract. It also included benchmark usage information (typically your historical usage) and clauses about penalties for material changes in usage.

All that comes into play when things change. Whether it’s an additional location, moving to a new location, adding new equipment or selling your business, material changes can have an impact on your electricity contract. This article will help you understand what to look for.

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Average Electricity Bill in Texas

The average monthly bill in Texas is around $170, or $2,040 per year. That’s based on data from the Energy Information Administration assuming an average rate of 14.63 cents per kWh and typical 2,000 square foot Texas home that uses 1,176 kWh a month.

Your bill will vary based on where you live, the size of your home and how conservative you are with your air conditioning. But the cost of the average electricity bill in Texas is 11% less than the national average.

Below we review what goes into the average electricity bill in Texas, plus average bills in each major area.

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How to Get Same Day Electricity in Texas

Do you need same day electricity service? Whether you’re moving in to a new home or to get power on today, when you have lights out no service, you need electricity fast.

Texas residents can get same-day electricity turn-on from any provider in Texas, as long as they sign up online or via phone by a certain time. The cut-off time varies by provider, but it’s usually between 2pm and 6:30pm, Monday through Saturday. There is no same-day power available on Sundays or major holidays.

You’ll find a list of the cut-off time for same day electricity below.

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Stuck In A Contract With Your Electricity Provider? Know Your Options

Do you feel like you are stuck in an electricity plan contract? What should you do if you are in a contract and electric rates go down? What if you find another electricity plan from another provider that’s better? And what if you are moving?

The big question is, “Can I cancel my electricity contract?” The answers depend on your specific situation. Each electric supplier has a unique policy for early termination fees and each state has their own rules about what your supplier can charge in different situations.

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The Basics: How to Shop for an Electricity Plan

It’s easy to shop for an electricity plan. But for many consumers living in states with electricity deregulation? Well, the process of how to shop for an electricity plan can seem overwhelming.

After all, many states have a large number of electricity providers. Each provider offers different plans that often look very similar at first glance. If you’re not sure how to get started shopping for electricity plans, you’re not alone. This short guide will get you started.

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