Three Cheapest Fixed Rate Electricity Plans in Houston

by | Jul 18, 2018 | Industry News

Hot Houston summer temperatures make cheap electricity rates hard to find. Find out how to shop for the ones that are beating the Texas summer heat!

Shopping for the cheapest Houston electricity rate is much easier when you know your usage. Find out who is offering the best rates right now that are beating the Texas summer heat!

How can I get cheap Houston electricity?

Finding cheap electricity during the hot Texas summer is a tall task. As the heat index rises, retail electricity prices follow suit. Now isn’t the optimal time of the year to sign up for a contract, but if you need to power your home, you must shop for electricity. Fortunately, Texas Electricity Ratings has the information you need to make a smart decision when you shop Houston electricity plans.

The most important number for you to keep in mind when shopping for electricity is your estimated usage. If you have lived in your home for a while, look at your last year or two of monthly bills. Calculate how many kilowatt hours (kWhs) of electricity you use in an average month. Once you know this information, then you have the power to choose from the best electricity rates available for 500 kWh, 1,000 kWh, and 2,000 kWh plans.

If you’ve moved to a new home, ask the seller how much he or she used while living in the residence. If you’ve moved into an apartment, ask your landlord what the normal usage is for a unit your apartment’s size.

Small customers save big on Houston electricity

At 11.6 cents per kWh, the Eagle 36 plan from TriEagle Energy has the lowest price available for Texas energy customers who use 500 kWh in a billing cycle. This plan locks in a low rate for three years, so you can say goodbye to electricity shopping until 2021. There is an early termination fee of $20 for each month left in the contract. So the longer you stay in, the less you pay to leave. The plan also offers competitive rates for higher usages.

Mid-size homes earn a bill credit for average electricity usage

The best rate for mid-size homes is an amazingly low 7.5 cents per kWh offered by the Power Express #Super12 plan. Double check your usage calculation because this plan has significantly higher prices at very high and very low usages. Why does this happen? CenterPoint Houston customers receive an $80 bill credit once their usage exceeds 999 kWh in a billing cycle. If you pick this plan, make sure your household consistently uses more than 999 kWh each month. One annoyance is that Power Express also prefers customers to use their autopay system. Those that don’t are charged $2 extra on their monthly bill.

High volume power customers catch a break

With the Infinite Energy 60 month Saver plan, the more electricity you use, the less you pay. For example, if your usage drops below 999 kWh you’ll be charged an additional $9.95 service fee to your rate of 13.1 cents per kWh. On the otherhand, if you use 2,000 kWh, plan’s rate drops to 10.1 cents per kWh. Make sure you’re ready to commit to this plan because it lasts five years, and the early termination fee is $300.

Pick your plan with Texas Electricity Ratings

If you need more Texas electricity information to make your power plan choice, the best place to go is https://www.texaselectricityratings.com. Here, you’ll find all the details you need to make a confident decision about your next fixed rate electricity plan.

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