Texas

PlanScan – A Personal Electricity Shopping Service (2024 Update)

Overwhelmed by electricity plan choices? Feel like you might as well be throwing darts at a dartboard to pick your next electricity plan? We understand completely.

ElectricityPlans.com provides a free personal electricity shopping service for Texas residential electricity customers called PlanScan. With PlanScan, you can take the guesswork out of shopping for your next electricity plan.

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Why Is Your Electric Bill Higher Than You Expected?

Electric bill higher than expected? How can that be? You read the electricity providers’ information and picked what you thought was the best electricity plan available in your state. You even compared electricity rates offered and chose the cheapest plan.

Now you’ve received your first electric bill, and the power costs are much higher than you expected. And you’re wondering, Why is my electric bill so high? Why doesn’t the electricity rate on my bill match what you signed up for? Why is my electric bill higher than I expected?

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How to Sniff Out a Texas Teaser Electric Rate

Texas teaser rates are rates that look great on the surface. But once you dig into the details, you find that your electricity rate isn’t what you expected.

Maybe you’ve seen a teaser rate before. It’s a rate that seems just too good to be true. These teaser electricity rates create confusion for customers looking for the best deal.

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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Why Does Texas Have Three Electricity Rates?

If you are shopping for electricity based on one of the three electricity rates shown on the Electricity Facts Label, stop. You might pick the electricity company advertising the lowest rate based on 500 kWh, 1000 kWh or 2000 kWh. But you could soon discover it’s not as straight forward as you’d hoped. Because unless you read the find print you may choose the wrong plan.  

Before you blindly click on the plan with the lowest advertised rate, read this article.

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How to Read an Electricity Facts Label (EFL)

Knowing how to read an Electricity Facts Label (EFL) is the key to finding the right electricity plan for your home or business. Hunting for the right electricity plan can be an intimidating proposition. Confusing rates, lengthy legal documents, and perplexing fees can lead to your electricity bill being higher than you expected.

When you understand an Electricity Facts Label you’ll know exactly what to expect from your electricity plan. And, the added tools on the ElectricityPlans.com site can help you make sense of the math.

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3…2…1…We’ve launched ElectricityPlans!

We are super excited to announce the official launch of ElectricityPlans.com! We serve the deregulated retail electricity markets in Texas, Ohio, and Connecticut with a fantastic choice of providers and plans in each market. Our mission is to give our customers the best variety and choice along with a stream-lined shopping experience when it comes to choosing an electricity plan for their home. We will continue to establish partnerships with the nation’s most reputable retail electricity providers and grow our reach to more deregulated states throughout 2017 and beyond.

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