Compare Electricity Rates and Shop For Electricity Plans
You want to understand how to shop for electricity in Texas. You’ve probably bounced around to a lot of sites, looking for something comprehensive that answers all your questions on how to shop for electricity and how to save money on your electricity bill.
Well, you found it. Here’s the definitive guide to shopping for electricity in Texas, to answer all your questions in one place.
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Electricity customers in Texas are searching for a Power to Choose alternative. And it’s no wonder. The Texas Power to Choose site has long been called the Power to Confuse. There are hundreds of plans to choose from, multiple rate structures to decipher, and fine print gotchas in most plans. The Public Utility Commission of Texas (PUCT) is not happy with the games that retail energy providers are playing. They have publicly blasted electricity providers for taking advantage of consumers. Now they are taking action to address these issues.
Read More about Power to Choose Alternatives Grow as PUCT Tries New Fixes
If you’ve shopped for an electricity plan in Texas recently, you’ve probably noticed that rates are rising. In fact, some of the energy rates for Texas plans have increased over 30% so far in 2018 and will continue to rise as the summer approaches.
What’s contributing to this rise? In short, it’s simple economics. Understanding the market forces at play in ERCOT will help you make an informed decision about your energy needs going into the summer and avoid a painful utility bill.
Read More about What’s Ahead for Texas Summer Electricity Rates: Supply, Demand, and Reserve Margins
When Texas became a deregulated market in 2002, The Public Utility Commission of Texas (PUCT) developed a website to educate consumers and promote deregulation. The site matured and in 2012 received a massive overhaul and became the PowertoChoose.org that Texans know today. A large-scale marketing campaign ensued to promote brand awareness and the PowertoChoose.org site soon became the place for Texans to shop for electricity. The site developed a large following.
Unfortunately, today some electricity providers take advantage of the weaknesses in the site in order to attract customers. As a result, the PowertoChoose.org has evolved to be far from an unbiased source of electricity plans with the consumer’s best interest in mind despite the PUCT’s good intentions. Learn more about the ways certain providers are exploiting this site and how consumer’s can avoid these pitfalls and find a better way to shop for electricity.
If you’re a Texas resident living in a deregulated utility delivery area, you have likely used the Power to Choose website to look for an electricity plan for your home. The Power To Choose website operated by the Public Utility Commission of Texas (PUCT) has been both a significant contributor to the success of retail deregulation in Texas and the source of much confusion for Texas residents looking to compare electric rates and choose an electricity provider.
Lately, the PUCT’s site has come under fire from both consumers and providers for listing plans with potentially misleading electric rates. If you’re overwhelmed by the shear volume of electricity plans and confusing rates listed on PowertoChoose.org, you’re not alone.
Read More about The Evolution of Power to Choose in Texas: How Did We Get Here?
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 has undoubtedly been the most successful US electricity deregulation market for residents. A lot of it’s success comes from the Texas Public Utility Commission’s (PUCT) marketing efforts when it launched PowerToChoose.org. Originally known as Texas Electric Choice, today’s Power To Choose site is still very popular for Texas residential electricity shopping, but it’s issues have also come under increasing scrutiny due to rate confusion and misleading electricity plans.
What’s the biggest issue on Power To Choose? Teaser Rates. As you work your way through the various electricity plans offered in your area, you’ve probably come across a few that seem too good to be true. These teaser electricity rates create confusion for customers looking for the best deal they can get using electricity comparison sites like the PUCT’s Power to Choose.
It’s one of the reasons we created ElectricityPlans.com. We evaluate electricity plans to find the best ones, so you don’t have to worry about it. But what exactly is a teaser rate, and how do you avoid them?
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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.
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