If you're shopping for a new electricity plan in Texas, there will be a lot of questions on your mind. While there are plenty of things to consider when choosing an energy plan, finding the plan with the lowest cost per kilowatt hour in Texas should be one of the top considerations. It might not sound flashy or exciting, but if you can find the plan with the lowest cost per kilowatt hour, you've found the most affordable electricity plan in Texas.
If you want to know how to find the plan with the lowest per kilowatt hour electricity in Texas, you've come to the right place. In addition to helping you find affordable electricity, this article will delve into other things you should consider when choosing your energy plan besides price.
- Why Does Cost Per Kilowatt Hour Matter?
- Who Has the Lowest and Best Electric Rates in Texas?
- Other Low Cost Electricity Providers in Texas
- Price is Important, But What Else Matters When Choosing an Electricity Plan?
- Turn to GoodCharlie For Affordable Fixed-Rate Electricity Plans in Texas
Why Does Cost Per Kilowatt Hour Matter?
If the only thing you're concerned about is price, then cost per kilowatt hour (kWh) matters a ton! You see, electricity rates in Texas are set on a per kWh basis. In other words, if your electricity rate is 10 cents/kWh, this means that you'll pay 10 cents for every kilowatt-hour of electricity that you use.
Therefore, if you use 1,000 kilowatt-hours of electricity in a month and your rate is 10 cents/kWh, your monthly electric bill will be $100. You can calculate this amount by multiplying 1,000 x .10, which equals $100.
Average Texas Power Rates
Something you'll notice when you start to shop around for providers and compare electric rates is that it seems like everyone has a different rate. The reason everyone has different rates is because most of Texas has a deregulated electricity market. This means that each power company can determine its own rates and design their own plans.
As a result, it's tough to say what the average electricity rates in Texas are because they're constantly changing. In general, however, you can expect to pay around 13 cents/kWh for electricity.
Who Has the Lowest and Best Electric Rates in Texas?
Contrary to what you might think, the lowest rate isn't always the best rate. Instead, the lowest and the best rate can mean two different things, and here's why.
- REPs in Texas use a tiered-rate system when they're creating their energy plans.
- A tiered-rate system means that your electricity rate per kWh will change depending on how much electricity you use.
- For instance, you might see a rate advertised at 8 cents/kWh, making it the plan with the lowest per kilowatt hour of electricity in Texas.
- What you don't see, however, is that the price of 8 cents only applies if you use a minimum of 2,000 kilowatt-hours of electricity.
- If you use less than 2,000 kWh, your rate will skyrocket to anywhere between 15 and 20 cents/kWh, or even more, depending on your usage.
- Therefore, rather than looking for the company that advertises the LOWEST electricity rate, you should look for the one that advertises the BEST rate.
What Does It Mean to Have the Best Electric Rates?
Finding the plan with the best rates means finding plans that have minimal gaps in their price tiers. In other words, rather than paying 5 to 10 cents more per kWh if you use the wrong amount of electricity, you only pay 1 to 2 cents more. At GoodCharlie Energy, that's exactly what we do. In addition to having low listed rates, we have some of the smallest pricing tiers in the industry, making us arguably the best cheap energy company in Texas.
Other Low Cost Electricity Providers in Texas
Aside from GoodCharlie Energy, there are a few other companies that tend to offer cheap electricity. Frontier Utilities, 4Change Energy, Gexa Energy, and Express Energy are some of the other cheap electric companies in Texas.
However, it's vital that you compare more than just the electric rates of these companies with GoodCharlie to ensure they aren't deficient in other ways. It's also important to compare electric rates by zip code to make sure a given plan is available in your area.
Price is Important, But What Else Matters When Choosing an Electricity Plan?
While finding cheap electricity in Texas is important, there's more to consider than the rate alone.
Reviews and Reputation
One of the best ways to tell if a power company is any good is to check their online reviews. People on Google tend to be brutally honest and will tell you all the good and bad things about various providers. GoodCharlie Energy is proud to have a 4.7-star rating on Google out of more than 100 reviews. Contact us to enroll today or to find out what all the buzz is about!
Customer Service
One of the most underrated qualities to consider about a REP is their customer service. The lowest electricity rates in the world aren't worth the hassle and headache of dealing with terrible customer service.
Check Pricing History
It's important to remember that just because a REP has low electricity rates right now doesn't mean they'll always be low. Therefore, you should look into the history of a prospective REP to see if they typically have high or low rates.
Perks and Benefits
It's become common practice for retail electric providers to offer perks and incentives in exchange for enrolling with them. These perks and benefits vary wildly, and it's important to know what they are upfront to discern whether or not they even apply to you.
At GoodCharlie Energy, for example, each of our perks and benefits is geared toward pet owners. This includes a pet emergency fund, unlimited access to emergency veterinary telehealth, and more. We also have the goal of turning Texas into a no-kill state and making it the best place for a dog to live!
Turn to GoodCharlie For Affordable Fixed-Rate Electricity Plans in Texas
If you appreciate what we stand for and offer to our customers, contact us at GoodCharlie Energy. We have some of the best and most affordable fixed-rate electricity plans in Texas. While we might not advertise electricity rates at the lowest cost per kilowatt hour in Texas, we're darn close when you factor in our minimal pricing tiers. That, combined with our outstanding benefits and mission statement, makes us one of the best electric companies in Texas.
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