Tag Archives: Rate Electricity Providers

Market Rates: South Texas 12/8

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Today’s Texas electricity shopping guide is for South Texas (AEP Central). This region covers electricity in Corpus Christi as well as Brownsville electricity. This area consistently has the most expensive electric rates in the state of Texas, so it’s a good idea to be diligent about prices when shopping for plans in this part of Texas. For comparison, the month to month rates in this area start at a full cent higher than starting month to month electric rates in Houston. The rest of the plans follow a similar pattern. So in hopes of helping customers save money by getting the best rates possible, here are the cheapest plans available from many of the more established electricity providers.

Month to Month Electricity Plans:

  • Southwest Power & Light – 8.0
  • Mega Energy – 8.0
  • Dynowatt - 8.0
  • Reliant Energy – 8.0
  • YEP – 8.1
  • Spark Energy – 8.3
  • StarTex Power – 8.3

    • Month to Month Green Electricity Plans:

  • Southwest Power & Light – 8.4
  • Dynowatt – 8.5
  • YEP – 8.5
  • Simple Power – 9.6
  • Bounce Energy – 9.8

    • Long Term Fixed Rate Electricity Plans:

  • Bounce Energy – 6 Month Fixed Plan – 8.4
  • Mega Energy – 6 Month Fixed Plan – 8.5
  • Amigo Energy – 6 Month Fixed Plan – 8.5
  • Amigo Energy – 12 Month Fixed Plan – 8.9
  • Mega Energy – 12 Month Fixed Plan – 9.1
  • Spark Energy – 12 Month Fixed Plan – 9.4
  • Brilliant Energy – 24 Month Fixed Plan – 10.1
  • Mega Energy – 24 Month Fixed Plan – 10.2
  • Texas Power – 24 Month Fixed Plan – 10.3
  • Cirro Energy – 24 Month Fixed Plan – 10.3
  • Amigo Energy – 24 Month Fixed Plan – 10.3

    • Long Term Fixed Rate Green Electricity Plans:

  • Southwest Power & Light – 6 Month Fixed Plan – 9.5
  • Mega Energy – 6 Month Fixed Plan – 9.6
  • YEP – 6 Month Fixed Plan – 9.6
  • Tara Energy – 12 Month Fixed Plan – 9.6
  • Mega Energy – 12 Month Fixed Plan – 9.7
  • Southwest Power & Light – 12 Month Fixed Plan – 10.0
  • Tara Energy – 24 Month Fixed Plan – 10.4
  • Mega Energy – 24 Month Fixed Plan – 10.5

    • Texas Electricity Updates Rankings – 11/22

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    Texas Electricity Ratings has updated the rankings today, and the #1 Electricity provider in the land is still Champion Energy. Champion is the reigning JD Power & Associates winner for overall customer satisfaction for Texas deregulated electricity providers. This is the second straight ratings update where Champion has finished in the top spot. Also making a strong move up was Spark Energy, moving to the #2 spot. Spark has had some consistently low prices in the electricity market which helped them improve their standing. Rounding out the top 5 are Bounce Energy, StarTex Power, and Dynowatt.

    The TER Rankings are based on a number of different factors, including PUC statistics, Better Business Bureau rankings, Green Energy Plans, Customer Reviews, JD Power Rankings, Electricity Rates, Promotions, Call Center Satisfaction, and more. The rankings are designed to give a complete picture of the different electricity providers operating in the Texas electricity space. There’s more to any electricity provider than just low prices or marketplace longevity. And this perspective, along with customer review process and the ability for consumers to participate in the market themselves, is how Texas Electricity Ratings sets themselves apart as a unique place in deregulated electricity for getting a complete picture of the available electricity providers doing business in Texas.

    A full list of the top 10 can be found on the Texas Electricity Ratings homepage.

    Smart Meters and Stimulus Money?

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    Recently, the Dallas Morning News reported that Oncor Energy, the energy delivery service of the dallas area (as well as other parts of Texas such as Waco and Round Rock) is applying for 317 million in stimulus money to help with their installation of Smart Meters in their delivery footprint.

    Interesting. What does this mean to you? Probably not much as a Texas electricity customer. At least on the surface. The interesting thing in this article to me is that Oncor, and every other delivery guy in Texas, like Centerpoint, etc, is already charging customers a monthly fee to switch to Smart Meters, and this on top of your regular Texas electricity rates.. And just so you understanding you’ll be paying these charges on a monthly basis for the next 11 or so years.

    So you’re already paying for these new Smart Meters, and Oncor is going to try and get more stimulus money to pay for these meters as well, basically double dipping into the opportunity for stimulus money, which when you break it down, is just a payout of your tax dollars. So they’re basically hitting up all of their customers twice for their energy service in the state of Texas.

    None of this is all that surprising. Companies that hold all of the cards, like Oncor and Centerpoint, and previously the incumbent electricity providers before de-regulation like Reliant and TXU, and currently companies like Austin Energy, will find ways to make their money, and it doesn’t typically matter if it comes at the expense of the customers. So what can the average customer do? Well, the only thing you can do is continue to shop for the best electricity prices and deals that you can find. Continue to shop around, continue to get the lowest rate available, and try to keep your bill as low as you can.