The best energy prices in Texas / What you need to know
The majority of all Texas residents live in a deregulated energy market. This means that every day people have the freedom to switch providers in their service area to save money. Competition helps keep prices low, and Texas’ energy prices are below the national average.
- Texas’ average residential electricity bill is 13% lower than the national average.
- Texas’ average commercial electricity bill is 4% lower than the national average.
- Texas leads the country for wind power and ranks fifth in the country for solar power generation.
- Texas lawmakers, however, are actively campaigning against renewable energy solutions.
- Texas consumers can use their power of choice to demand smarter energy solutions.
- In this article, we’ll talk about the energy options in your service area and discuss the pros and cons of energy deregulation.
But as we discussed at EcoWatch, deregulation and a race to the bottom of prices also create risks. The infrastructure crumbles and when the network goes down, customers and lawmakers point the finger.
This article is designed to talk about the best energy companies in Texas, show how tariffs vary across the state, and give you insight into how energy works in Texas. If you have searched other websites for information on “Texas energy”, you have probably come across many properties whose sole purpose is to sell your information to an energy company. This is not one of those pages. It’s meat to be informative. Our goal is to paint a picture of the landscape and talk in depth about the green energy plans available in Texas.
Why trust EcoWatch to talk about energy
An energy plan is something you must have. Lights are not optional for most people. For over a decade we have been writing about the importance of renewable energy. Lately, due to legislation and media attacks, renewable energies have come under fire. We want to put energy choice at the forefront and focus the conversation on renewable energies.
- Freelance journalists. Our team of journalists cover renewable energy, solar energy and electricity tariffs to help consumers understand the energy landscape.
- Local perspective. We regularly seek customer feedback, installation experts for quotes and state-by-state data to better understand the energy landscape.
- Simple education process. Like all of our product-focused content, our mission is to help people buy things they were already going to buy in a way that helps the planet.
What is “energy deregulation” in Texas?
In most states, consumers get their electricity from a local utility company. The Texas energy market is different. In Texas, the market is deregulated, which means individuals and businesses have the power to shop in an electricity supplier market.
Renewable and “green” electricity in Texas
Texas is the national leader in wind power generation. It is also one of the top five states for solar power. This means that although closely associated with petroleum, Texas consumers can choose from green energy plans. The hard part is finding the details of what makes a plan “green”.
To find out the specifics of your Texas electricity plan, you should consult your Electricity Facts Label. If your local Texas electricity supplier is unsure of their renewable energy sources, try checking out the green energy plans of Pace, Gexa Energy, Tank energy, and Green energy from the mountain.
Finding the right energy plan in a deregulated market is difficult. You need to research each electricity supplier, their energy tariffs, and then pass a credit check. The most important things to consider are (1) I’m reducing my monthly bill, and (2) I’m moving my home to a more renewable source of energy.
Types of electrical plans in Texas
Fixed rate packages
You pay the same rate every month, regardless of the season or the evolution of the energy market. An electricity package may require a contract with an annual commitment. Early termination fees may be charged in the event of early termination of the contract. This plan may be right for you if you don’t plan to move for a while.
Variable rate packages
Variable rate packages change according to the energy market. If demand increases, so do your prices. We saw the consequences of variable rate plans during the recent Texas energy crisis. As demand increased, so did the prices for energy customers.
Green energy plans
A green energy plan will rely on wind, solar and other renewable resources. This is the plan for you if you want to offset 100 percent of your home or office emissions.
Your credit score has an impact on the amount you pay because it is believed to predict the likelihood of you paying your bills. Prepaid energy plans allow people with low credit to acquire electricity on a prepaid basis.
Texas Electricity Rate Table
Texas deregulated its energy market in 2002. Since then, consumers can buy the best rate in their area. It has also resulted in a steady increase in competition since the opening of the market. This means more choice and more for consumers to learn more about the supplier switching process.
Best Green Energy Plans in Texas
Here is a table outlining some of the 100% renewable energy plans available in Texas. We are currently researching customer reviews for each business plan and will update this page regularly with new information.
|Plan||Duration (months)||Tariff (¢ / kWh)|
|Gexa Saver Deluxe 12||12||6.9|
|Gexa Saver Supreme 12||12||7.3|
|Gexa Saver 12||12||7.8|
|Gexa Saver Save Select 12||12||9.0|
|Gexa Saver Value 12||12||12.1|
|Gexa Saver Freedom 12||12||12.2|
|Gexa Saver Freedom 36||36||12.2|
|Gexa Premium Saver 12||12||13.5|
|Gexa Saver Premium 24||24||13.5|
|Gexa Superb Saver 12||12||14.8|
|Green Mountain Pollution Free e-Plus 12||12||11.1|
|e-Plus 24 pollution-free green mountain||24||11.3|
|Solitaire Star Green 12||12||11.9|
|Solitaire Star Green 24||24||11.6|
|Lonely Star Green 36||36||11.2|
|Rhythm Texas Breeze 12||12||11.3|
|Rhythm Texas Breeze 24||24||10.6|
|Rhythm Texas Breeze 36||36||10.2|
Power Purchase Checklist
- Download the Electricity Facts Label before signing a contract to make sure you understand the price you are paying for electricity; the percentage of your electricity from renewable sources; and any costs (such as early termination fees) associated with moving or changing your plan.
Texas Electricity Company FAQs
What if I own a business in Texas?
Texas commercial energy rates were the third lowest in the country in 2020. Texans who own businesses can buy the same electricity market for their best electricity plan. Pricing information is available from each supplier. Inexpensive electricity rates are also available for businesses that work after hours and may include free nights.
Is there a cheap energy tariff in my area?
The US Energy Information Administration (EIA) tracks average retail electricity prices in Texas. The season, your energy consumption and your supplier can have an impact on your price.
When you use power can also affect your rate. Customers who use electricity during off-peak hours may benefit from a lower rate.
What is the difference between a utility and an energy supplier?
The public services are responsible for the operation and maintenance of the energy network. Utilities focus on the hardware and infrastructure that runs the network. Texas utilities include Oncor and Centerpoint Energy.
How to change energy plan in Texas?
All a consumer has to do is (1) compare Texas electricity providers, (2) switch electricity providers using an online service or form, and ( 3) Verify the details of your lower rate and green energy plan using the electricity information label before completing the form. necessary papers.
What is the power to choose Texas?
Power to Choose is the website managed by the Texas Utilities Commission (PUC). It lists energy plans that consumers can compare. It does not list commercial electricity rates.
How To Find The Best Texas Energy Plan?
Most searchable energy prices are associated with a postal code, so you will need to find the best price for your area. A Texas energy plan can vary widely, so the most important thing is, again, the Energy Facts label.
You have the power, as a Texan, to push your state towards more renewable energy use by switching your home to a green energy plan.
How much can I reduce my electricity bill?
Finding the right plan for your home and lifestyle is essential to controlling your energy costs. Power companies compete for customers, which is an advantage for homeowners.
Deregulation also means that there are power outages linked to mismanagement and lack of oversight. Whenever you’re looking to lower your electric bill, think about the quality of the electric company you are working with. What impact will they have on your wallet, your power supply and the planet?
What is the best energy supplier in Texas?
The main suppliers in Texas are TXU Energy, Reliant Energy, Direct Energy and TriEagle Energy.
Power companies focused on renewable energy sources and green energy plans include Gexa Energy, Chariot Energy, Green Mountain Energy and Rhythm.
Gexa Energy is also one of the cheapest electricity suppliers on the market. They offer a number of affordable electricity plans which are all 100% green.