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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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What’s the Average Electricity Bill in Texas?

The average monthly bill in Texas is around $180.18 per month. That’s based on data from the Energy Information Administration assuming an average rate of 16.44 cents per kWh and typical 2,000 square foot Texas home that uses 1,096 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. The good news? The average cost of electricity in Texas is 12% less than the national average, even though usage is 27% higher than the national average.

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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.

Key Takeaways

  • Texas residents can get same-day electricity connection from any provider in Texas, as long as you sign up online or by phone by their cut-off time.
  • The company with the latest cut-off time for same day move-in is TXU Energy, who can start your electricity service the same day Monday – Saturday if you enroll before 6:30pm.
  • The chart below includes electricity providers and their cut-off times for same-day move-in.

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

You’re never stuck in a contract with your electricity provider. There are always options available. You can negotiate a lower rate, switch to a different provider and pay the early termination fee, use the provider’s satisfaction guarantee (if available) or use your right of rescission if you just made the switch.

The bottom line is that you can still shop for electricity rates and plans even if you are in a long-term contract. 

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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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