power to choose electricity plans
It is important to know the electricity rates for Texas. Texas experienced a February 2021 storm that caused electricity rates to rise. Some parts of the state saw rates rise to $9/kWh. These rates were well over the average rate of 12 cents per unit in the state. A fixed-rate plan is the best option to prevent price fluctuations. It will keep the price stable over the entire contract term. It is a good idea to investigate the reputation of a potential provider before you make a decision. There is a good chance that some providers of electricity have bad reputations. Avoid paying any early termination charges if switching suppliers. For any company you wish to change, it is important that you carefully read and understand the terms and conditions of your original contract. Texas is home to multiple utilities. You should choose one that is right for your situation and within your financial budget. Texas Electric - The Power to Choose Cheap Electric. Varsity Energy's 12-month fixed-rate electricity plan Fieldgoal 12 is simple to understand. You will pay 5.4c per kW, and after you include the TDU fees your average rate of usage for 1000 kWh comes out to 9.7c. The $150 late termination fee is charged if the provider you are switching to charges you. Otherwise, your monthly electric bill can be expected to average $97. For electric bill plans in Texas, that's quite reasonable. Spark Energy offers Price Protect 24, a fixed-rate electricity plan for 24 months with low rates. The minimum monthly use of 1000 kWh or less will result in a low energy fee at 4.9 Cents per kWh. Add the TDU fees to your bill and you'll pay 9.2 cents for every 1000 kW.