Market Rates: North Texas 3/10

Posted on Posted in Amigo Energy, APNA, Bounce Energy, Fixed Rates, Green Mountain Energy, Indexed Rate, Kinetic Energy, Mega Energy, Reliant Energy, Southwest Power & Light, StarTex Power, Tara Energy, Texas Power, Variable Rates, YEP-Energy

Good morning, all. Today’s entry into the Texas electricity shopping guide is focusing on the North Texas area. This covers electricity in Abilene and electricity in San Angelo. Usually these electric rates in this TDSP are cheaper than their AEP neighbor to the south, but it looks like the rates in this area have been creeping up. Right now, they’re about the same, which makes this area Expensive by comparison to Houston or Dallas. So it’s important to shop carefully and save money by picking the plans with the best electricity prices. Below is a list of the most common types of Texas electricity plans for North Texas with the lowest rates, and from some of the most recognized providers. It’s a good place to start shopping.

Month to Month Electricity Plans:

  • Kinetic Energy – 6.8
  • StarTex Power – 6.9
  • Reliant Energy – 6.9
  • Texas Power – 6.9
  • Bounce Energy – 7.0
  • Frontier Utilities – 7.1
  • Month to Month Green Electricity Plans:

  • Kinetic Energy – 7.2
  • Texas Power – 7.3
  • Reliant Energy – 7.6
  • Bounce Energy – 7.6
  • Dynowatt – 7.8
  • Southwest Power & Light – 7.9
  • Long Term Fixed Rate Electricity Plans:

  • APNA Energy – 6 Month Fixed Plan – 7.9
  • Reliant Energy – 6 Month Fixed Plan – 8.1
  • Mega Energy – 6 Month Fixed Plan – 8.3
  • Southwest Power & Light – 6 Month Fixed Plan – 8.3
  • Amigo Energy – 12 Month Fixed Plan – 8.4
  • APNA Energy – 12 Month Fixed Plan – 8.5
  • Mega Energy – 12 Month Fixed Plan – 8.6
  • Amigo Energy – 24 Month Fixed Plan – 8.9
  • Tara Energy – 24 Month Fixed Plan – 8.9
  • APNA Energy – 24 Month Fixed Plan – 9.0
  • Mega Energy – 24 Month Fixed Plan – 9.0

  • Long Term Fixed Rate Green Electricity Plans:

  • Southwest Power & Light – 6 Month Fixed Plan – 8.9
  • Reliant Energy – 6 Month Fixed Plan – 8.9
  • YEP – 6 Month Fixed Plan – 9.0
  • Tara Energy – 12 Month Fixed Plan – 8.9
  • Southwest Power & Light – 12 Month Fixed Plan – 9.0
  • YEP – 12 Month Fixed Plan – 9.1
  • Tara Energy – 24 Month Fixed Plan – 9.1
  • Southwest Power & Light – 24 Month Fixed Plan – 10.2
  • YEP – 24 Month Fixed Plan – 10.3
  • Kinetic Energy – 24 Month Fixed Plan – 10.3
  • 2 thoughts on “Market Rates: North Texas 3/10

    1. I have used Mega Energy for the last 12 months and have signed up some of my neighbors.

      My contract was about to expire and Mega Energy sent me a letter saying that if “I renew my contract, I can get the same low rate as I am currently getting, 10.6 cents a kilowatt” The problem is that the current “going rate” (even from Mega Energy) is 8.7 cents a kilowatt!!! I consider this a very underhanded tactic!

      Do you think Mega Energy would have offered to keep my 2010 rate of 10.6 cents if the going rate was 12 cents?…….OF COURSE NOT!

      The people I switched to Mega Energy last year received the same letter, but with the rates they received for 2010. They all would end up paying $300 to $700 more for the next 12 months of service, if they took the Mega Energy offer.

      If you apply for a new contract with Mega Energy (not taking their offer letter) they still has one of the lowest prices for power in Houston, but I am changing all of my friends to Brilliant because of their tactic of trying to “rip off” there current customers when it comes to renewal time.

      1. Arby,

        This is pretty standard practice. I’m actually tempted to say that you should consider yourself lucky you got a renewal letter.

        You should just get in the habit of looking at at new rates and plans every time your contract expires. It will always serve you best.

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