If you're responsible with your finances and like to stick to a budget, it's important to know how much your monthly electric bill is going to be. Thanks to inflation and an unstable economy, this is becoming increasingly important to residents in Texas. As a result, REPs and the general public are constantly looking for ways to predict energy expenses.
One of the best ways to predict your electricity bill is to base it on the square footage of your home. While this isn't a perfect science, and there are other variables, square footage is a great way to predict your electricity bill. If you want to learn how to do that, continue reading this article. Or, if you want to save time, you can skip ahead to the sections specifying the average electric bill for a 1000, 2000, or 3000-sq ft house in Texas.
As previously mentioned, it's possible to get a fairly close estimate as to what your average electric bill will be based on the square footage of your home. It's important to note, however, that energy bill prediction isn't an exact science. There are always variables to consider, such as your location, the time of year, the type of electricity plan you have, and more. Therefore, we encourage you to use the averages in this article as a guide rather than as being set in stone.
It's becoming increasingly popular for people to live in smaller houses and apartments. 1,000 square feet is a fairly typical size for condos, apartments, and small to moderately-sized homes. While your exact electric bill will vary, the overall average electric bill for a 1,000-square-foot house in Texas is $70 to $90.
While there are many people who would consider a 2,000-square-foot house to be massive, it's the average house size in Texas. This is especially true for small families and people who like to entertain small groups. As with 1,000-square-foot homes, your exact energy costs will vary from month to month. Having said that, the average electric bill for a 2,000-square-foot house in Texas is $140 to $160.
3,000-square-foot houses are more common in suburbs and rural areas. On average, people who live in houses that are this large will have bigger families, resulting in increased electricity use. As such, the average electric bill for a 3,000-square-foot house in Texas is $220 to $250. In addition to more electricity use, larger homes also cost more to heat and cool because of the additional space.
In general, a majority of houses and apartments in Texas are between 1,000 and 3,000 square feet in size. However, there's a good chance that your home isn't exactly 1,000, 2,000, or 3,000 square feet. There's also a good chance that your home is smaller than 1,000 square feet or larger than 3,000 square feet. Therefore, if you want to calculate your average electric bill based on the exact square footage of your home, here's what you need to do.
For example, if you used a total of 1,200 kWh of electricity last month, and you have a 2,000-square-foot house, each square foot costs you 6 cents. If you're thinking about moving to a new home, you can use this formula based on the square footage of your new home to predict your monthly electric bill.
While the above formula is a great way to get started, there's no way to accurately predict your average monthly electric bill based on square footage alone. There are simply too many other variables to consider when it comes to predicting your energy costs, including the following.
The average electric bill calculations in this article are based on the overall electricity usage of homes based on square footage. For instance, the average kWh usage for a 2,000-sq ft home is 900 to 1,000 kWh, and the average electric rate in Texas is 14 to 15 cents/kWh. This translates to an average electric bill of $140 to $160. However, if you don't use this much electricity or can find a lower electricity rate, your average bill will be lower.
It's also important to realize that the average utility by zip code varies wildly. A 1,000-square-foot house in one part of Texas might have bills that are similar to that of a 2,000-square-foot house in another part of the state. Contact us if you want to know the average electricity rates and electric bills in your zip code!
While location and energy usage play big roles, nothing will dramatically affect your average electric bill more than the weather and the time of year. During times of extremely hot or cold temperatures, electric rates and energy usage tend to skyrocket. As a result, the average electric bill is much higher during these periods.
If you want to roughly predict the average cost of your monthly electric bill, using your square footage is a great way to do it. However, square footage isn't the only variable to consider, and you'll find it extremely difficult to make a completely accurate prediction.
If you want to save yourself some time and trouble and sign up for an electricity plan that will keep your electric bill as low as possible, contact us at GoodCharlie Energy. We have some of the best fixed-rate electricity plans with some of the lowest rates in Texas. Regardless of your home's square footage, GoodCharlie is here to save you money and offer outstanding electric services.