Texas

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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Will Electricity Prices Fall this Fall in Texas?

We get questions like this all the time from customers, friends and neighbors. Will electricity prices fall this fall?

Normally we would say, of course! Electricity prices always drop in the fall in Texas. And this year is no exception, based on what we’re seeing with pricing. Prices are dropping… just not as far as we all hoped.

This article was written in Summer 2022. See our Texas Electricity Rate Trends 2023 article for the latest electricity price forecast for 2023.

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Cheapest Texas Electricity Rates and Plans (February 2025)

Finding the cheapest electricity rates in Texas doesn’t have to be a chore or require tons of research. Every month, we update our recommendation for the top three cheapest electricity companies in Texas, and our cheapest electricity rates for fixed rate plans. Here’s the February 2025 update.

January’s cold weather pushed electricity rates up in Texas. As we get into milder weather, prices “should” decline in February. You can find out more about Texas electricity price trends in this article. Let’s get to what you’re here for… finding the best deal on electricity in Texas.

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How to Get Help Paying Electric Bill

With rising electricity costs, you may need help with your power bill. If you need help with your electric bill in Texas, there are three basic options.

  1. Contact Your Electricity Provider: Your REP is the first point of contact if you need help paying your power bill in Texas. Working with them can give you a bill payment extension and keep you from being disconnected.
  2. Call 211 Utility Assistance: Texas 211 is a central clearing house of resources. The 211 operator may be able to match you to available aid programs.
  3. See if you qualify for the Low Income Home Energy Assistance Program (LIHEAP): This program provides bill payment assistance for those on SSI or that earn less than 150% of the Federal Income Poverty Guidelines.

Below we provide additional information on each option. Plus ideas for bill payment help for those who are not low income.

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What Temperature Should I Leave My House When I’m on Vacation?

The plans have been made. The bags are packed. You deserve a vacation. But what are the best thermostat settings for vacation to keep your electricity bill low? In other words, when you’re in vacation mode, is there a vacation mode for your house?

The best approach is to set your vacation thermostat about 10 degrees higher (summer) or lower (winter) than you normally set it when away from home. This lowers the amount of time your HVAC system is running while you are away. In general, don’t set it above 85° in the summer or below 50° in the winter.

If you’re planning your trip now, consider our tips for adjusting the thermostat settings to reduce energy, create a comfortable environment for your pets and lessen household damage risks.

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Texas Ancillary Services – What Are They? And Why Should You Care?

If you’re a business owner in Texas, you need to know that Ancillary Services could be passed through on your bill, depending on your contract language.

Ancillary Services are processes that help the ERCOT grid maintain a stable, efficient and safe operation. These processes and tools let ERCOT control voltage, frequency, flow and system recovery if there’s an emergency event. And new ancillary services charges in Texas could show up as line items in your business electricity bill.

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