Which People’s Choice Electricity Plans Are Cheapest?
When many consumers buy a product, it makes you feel safe when buying it yourself. Surely, a large number of people can’t be wrong about where they spend their money! This holds true in the Texas electricity market as well. However, most popular plans are significantly different and therefore appeal to various subsets of the larger population. So, when selecting from among the People’s Choice electricity plans in Houston, it’s important to understand how each one aligns with your needs. This will help you save on utility bills.
Houston People’s Choice Electricity Plans
|Plan||Retail Electricity Provider||Average Price at 1,000 kWh||Average Bill|
|Entrust 18||Entrust Energy||10.5 cents||$105|
|Entrust 24||Entrust Energy||10.7 cents||$107|
|12 Month w/ Bill Credit||Constellation||8.9 cents||$109|
|Power of Texas 12||Power of Texas||10.9 cents||$109|
|GridEdge 12||Chariot Energy||6.1 cents||$113|
Cheapest Houston Electric Plans
When we compare Houston electricity plans head-to-head, we find out some interesting things.
First off, the lowest average price at 1,000 kWh doesn’t always mean the cheapest average electric bill. For users whose monthly average over the course of a year is 1,000 kWh per month, the best plans come from Entrust Energy. These plans have a low monthly base charge with a reasonable per-kWh price. The same is true for the Power of Texas 12 plan.
More Popular Houston Electric Plans
Second, the other two plans in the table above have bill credit pricing structures. This means customers have a certain amount of money taken off their bill once they reach a specific usage. The 12 Month w/ Bill Credit plan has two bill credits: $35 at 1,000 kWh in a billing cycle and another $15 at 2,000 kWh. The GridEdge 12 has a $90 bill credit at 1,000 kWh. However, when you plug in these plans into an average usage for the year, customers tend to less than 1,000 kWh per month in spring and fall when temperatures are moderate than they do during winter and summer. So instead of saving money during those low-use months, you wind up paying more for what you actually use. As much as 15 cents per kWh.
Compare Houston Electricity Rates
The most important thing to consider when selecting a retail electricity plan is your normal home usage. A plan should fit how you consume electricity. Perhaps one of these people’s choice electricity plans works for you. But maybe you have different needs. Shop Houston electricity plans at https://www.texaselectricityratings.com to find the right plan for your home.