It is very important to do your own analysis before making any investment based on your own personal circumstances and consult with your own investment, financial, tax and legal advisers.Ĭompany NMLS Consumer Access #2110672 MORTGAGE BROKER ONLY, NOT A MORTGAGE LENDER OR MORTGAGE CORRESPONDENT LENDER Our content is intended to be used for general information purposes only. Companies displayed may pay us to be Authorized or when you click a link, call a number or fill a form on our site. Minimum terms: Texas electricity companies with minimum terms require residents to commit to a certain amount of time buying energy from them, and these companies often charge a cancellation fee if service is ended before the contract expires.ĬonsumerAffairs is not a government agency.Non-contract companies: Some of Texas’ electricity providers do not make consumers sign a contract, and they provide power on a month-to-month basis.The terms of this contract spell out how long a customer must stay with the company and how much they will pay, among other specifications. Many electricity companies in Texas require consumers to sign a contract. Traditional electric companies: Traditional electric companies in Texas generate electricity from more traditional sources that are not renewable, such as coal or natural gas.Green companies: Electricity providers focused on eco-friendly power often generate electricity from sources other than natural gas, such as solar power, hydroelectric power (water) and wind.However, some energy companies in Texas are more eco-friendly than others, using different sources of power and dispersing different amounts of emissions into the environment. There’s no doubt that electricity uses up some of the Earth’s natural resources. Green plans: Green electricity plans in Texas allow consumers to choose electricity generated from eco-friendly sources, like solar power.Ĥ.Variable rate plans: Variable rate plans charge consumers a different rate from month to month, and these plans often lack contracts and allow consumers to take advantage of changes in the market.Fixed rate plans: Some electric companies charge consumers a flat rate for electricity throughout the entirety of their electricity plan.This is often the most important deciding factor for customers choosing a provider. One of the most important features of an electric company is the type of electricity plan offered to consumers. Additional services: Another extra incentive offered by many Texas electricity companies is the added bonus of extra helpful services, like a moving service that will help take care of ending electricity service when leaving and finding a new electricity provider in a new location.Sign-up promotions: Some Texas electric companies offer incentives for signing up for service, including gift cards, donations to charity or a promise of a lower bill. Rewards programs: In Texas, some electricity companies offer customers cash and gift rewards in exchange for using their service.These can include many types of promotions for signing up or rewards for using the service. New electricity companies: Many Texas electric companies came about after energy was deregulated, and most offer the same quality of service as the older providers in the state.īecause there are many electricity companies in Texas, companies may attempt to win customers over by offering extra rewards.Legacy providers: The oldest Texas electricity companies, called legacy companies, have been around the longest, and they have provided electricity in the state since long before energy was deregulated.Customers may want to take into account a company’s history and how they have handled providing electricity in the past. Many Texas electricity companies have been around for decades, and each has a reputation that precedes it. Pricing shown is based on an exact usage of 1000 kWh.1. These live rates for CENTERPOINT ENERGY HOUSTON ELECTRIC LLC service area were updated on Januat 12:01 pm CST. Pricing shown is based on an exact usage of 1000 kWh. These live rates for ONCOR ELECTRIC DELIVERY COMPANY service area were updated on Januat 12:17 pm CST. TXU Energy - TXU Energy Free Nights & Solar Days 12 (8 p.m.) TXU Energy - TXU Energy Saver's Discount 24 TXU Energy - TXU Energy Saver's Discount 12 Reliant - Reliant Truly Free Nights 100% Solar 12 plan Reliant - Reliant Truly Free Weekends 100% Solar 12 plan Green Mountain - Pollution Free e-Plus 24 Preferred Gexa Energy - Gexa Eco Saver Advantage 12 Frontier Utilities - Frontier Saver Max 12įrontier Utilities - Frontier Saver Plus 12įrontier Utilities - Frontier Saver Value 12
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