Market Rates: South Texas 1/12

Posted on Posted in Amigo Energy, Bounce Energy, Brilliant Energy, Cirro, Dynowatt, Fixed Rates, Green Mountain Energy, Indexed Rate, Mega Energy, Reliant Energy, Simple Power, Southwest Power & Light, StarTex Power, Tara Energy, Variable Rates, YEP-Energy

The Texas Electricity shopping guide region that we’re taking a look at today is the South Texas region (AEP Central). The South Texas region includes electricity in Brownsville and electricity in Corpus Christi. This is hands down the most expensive region in Texas, and it starts at a full cent and a half higher than rates in Dallas and almost an entire cent higher than the electric rates in Houston. Because it’s so expensive, it’s important that if you live in this area of Texas to be extra diligent in regards to shopping for electricity. Below are a list of the cheapest rates in Texas electricity from some of the most recognized companies. The sampling includes month to month plans, longer term fixed rate electricity plans, and environmentally friendly green energy plans.

Month to Month Electricity Plans:

  • Reliant Energy – 7.9
  • Southwest Power & Light – 8.0
  • Mega Energy – 8.0
  • YEP – 8.1
  • Dynowatt – 8.2
  • StarTex Power – 8.3
  • Month to Month Green Electricity Plans:

  • Reliant Energy – 8.4
  • Southwest Power & Light – 8.4
  • YEP – 8.5
  • Dynowatt – 8.7
  • Bounce Energy – 10.3
  • Simple Power – 10.4
  • Long Term Fixed Rate Electricity Plans:

  • Mega Energy – 6 Month Fixed Plan – 7.5
  • Reliant Energy – 6 Month Fixed Plan – 7.9
  • Amigo Energy – 6 Month Fixed Plan – 8.5
  • Southwest Power & Light – 6 Month Fixed Plan 8.7
  • Mega Energy – 12 Month Fixed Plan – 8.7
  • Amigo Energy – 12 Month Fixed Plan – 8.9
  • Brilliant Energy – 12 Month Fixed Plan – 9.5
  • Southwest Power & Light – 12 Month Fixed Plan – 9.5
  • Tara Energy – 12 Month Fixed Plan – 9.5
  • Mega Energy – 24 Month Fixed Plan – 10.0
  • Brilliant Energy – 24 Month Fixed Plan – 10.1
  • Tara Energy – 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:

  • Reliant Energy – 6 Month Fixed Plan – 9.4
  • Southwest Power & Light – 6 Month Fixed Plan – 9.5
  • Mega Energy – 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
  • Southwest Power & Light – 24 Month Fixed Plan – 10.7
  • 3 thoughts on “Market Rates: South Texas 1/12

    1. Can you please tell me what the date range is for the “window of the lowest rates”? I have been trying to better-time my buying into a new contract this year (since I bought at the top of the price range last year, before prices fell 🙁 ) I found your comment “We’ve finally got chilly wintry conditions all over Texas, so we’re nearing the window when electricity prices will be at their lowest for the year…” and could use some expert input. Thanks 🙂

      1. Dana,

        Sure. It’s not a hard and fast window, but it most certainly is the wintertime. In Texas, I’d say that window is December-February, with the sweet spot probably being late January. The rule of thumb is basically when demand for electricity is at it’s lowest, the rates are the cheapest. People use more electricity in the summer because it’s so miserably hot, and it takes more electricity to cool houses and offices. The more people use, the higher the cost of natural gas rises, so it’s a double whammy on the price of electricity, and in turn your pocketbook. So in Texas, you want to definitely renew electricity in the wintertime. Obviously, in areas of Texas where it gets consistently cold that electricity bills go up for HEAT, this isn’t quite always the case. But for the most part, this is a safe rule to follow.

        Personally, I think the best kind of cycle for a customer is to get on a long term electricity plan in January or February for a year, maybe even two years, and then just shop and renew each winter.

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