Texas

CenterPoint CoolSaver Free A/C Tune-Up

Taking care of your HVAC system is an important part of prepping your home for Texas’ summer heat. That’s why I signed up for a free CoolSaver A/C Tune-Up from Centerpoint Energy. Not only did I save $120 with this freebie, now I can be confident that my HVAC will keep me cool all season long.

In this article, you’ll find out about my experience with the CoolSaver A/C Tune-Up, what’s included and how you can get your free A/C tune-up in the Houston area.

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What Electric Company Services my Address?

When you are moving, setting up utilities can be a hassle. Especially if it’s not clear what electric company serves your address. Here’s how to find your local electric company by address in Texas.

Summary: You can find your local electric company in Texas by using an ESID Lookup Tool (Electricity Service Identifier), updated daily. Just enter your address to look up your utility company. Plus you’ll see offers from retail electricity providers. Over 85% of Texas is deregulated, meaning you must shop for an electricity provider.

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How Does Weather Affect Texas Electricity Rates?

Extreme weather in Texas has a significant impact on electricity prices in the state, since heating and cooling drives electricity usage.

Weather can significantly impact Texas electricity rates due to supply and demand. Warm weather drives high electricity usage for cooling homes and businesses. Cold weather extremes cause power usage to soar with demand for heat. And yet electricity supply has its limitations. Your best bet for electricity shopping is to avoid the seasonal extremes.

In this article we review how weather impacts both supply and demand, how weather impacts electricity prices and why fixed rate plans are your best protection against weather risks.

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Texas Electric Rates – Market Trends and Price Forecast 2024

Texas electricity rate trends for 2024 show prices similar to 2023. Here’s our Texas electricity rates trend forecast, key factors driving electricity prices and what types of electricity plans will be popular this year.

Key Takeaways:

  • Texas electricity prices for 2024 will continue at levels seen in 2023. Residential electricity rates will average 14-18¢ per kWh including delivery costs.
  • Longer term contract terms (24 to 36 months) will be the cheapest electricity options.
  • Winter 2024-2025 is expected to be mild BUT ERCOT meteorologists are warning of the possibility of a deep freeze this winter, which will drive price up if/when it happens.

Jump right to the cheapest electricity plans in Texas or read on for our trends and price forecast.

Will electricity prices in Texas go down anytime soon? Don’t bet on it.

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What are Market Securitization Charges?

Market securitization charges are a new line item on Texas electricity bills. They’re a direct outcome of Winter Storm Uri, paying for some of the extraordinary costs of that storm.

The Texas legislature passed House Bill (HB) 4492 in 2021 in response to the storm’s financial impact on the ERCOT power region. The legislation allows Texas REPs to add the charge to their bills for the next 30 years

You can’t avoid paying these fees, which are from a regulatory change. But you might as well understand them, since you’ll be paying them for the next 3 decades.

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