Market Rates: South Texas Electricity 1/5

by | Jan 5, 2011 | Industry News

Today’s entry into for this week’s Texas electricity shopping guide covers the South Texas region of Texas (AEP Central). This region is hands down the most expensive area in Texas, with prices starting at a full cent higher than rates in Dallas. In fact, this week I’m seeing something that I’ve seen for the first time in regards to electricity plans: the fixed rate electricity plans in South Texas actually start off cheaper than the month to month electricity plans, even including the promotional rates. I’ve seen them start at the same rates before, but never cheaper. It simply goes to show that electricity companies are more interested in attracting customers for long term deals instead of dealing with the uncertainty of month to month customers. And to attract those long term customers, they’re willing to give them the best electric rates possible.

Below are a list of the cheapest electricity rates from many of the most respected electricity providers in Texas. It includes long term fixed rate plans, month to month electricity plans, and 100% environmentally friendly green electricity plans.

Month to Month Electricity Plans:

  • Reliant Energy – 7.8
  • Mega Energy – 8.0
  • Southwest Power & Light – 8.0
  • YEP – 8.1
  • StarTex Power – 8.3
  • Month to Month Green Electricity Plans:

  • Southwest Power & Light – 8.4
  • YEP – 8.5
  • Dynowatt – 9.3
  • Bounce Energy – 10.1
  • Simple Power – 10.2
  • Texpo Energy – 10.8
  • Kinetic Energy – 11.0
  • Long Term Fixed Rate Electricity Plans:

  • Reliant Energy – 6 Month Fixed Plan – 7.4
  • Mega Energy – 6 Month Fixed Plan – 7.5
  • Bounce Energy – 6 Month Fixed Plan – 8.4
  • Amigo Energy – 6 Month Fixed Plan – 8.5
  • Mega Energy – 12 Month Fixed Plan – 8.7
  • Amigo Energy – 12 Month Fixed Plan – 8.9
  • Spark Energy – 12 Month Fixed Plan – 9.4
  • Mega Energy – 24 Month Fixed Plan – 10.0
  • Brilliant Energy – 24 Month Fixed Plan – 10.1
  • Cirro Energy – 24 Month Fixed Plan – 10.3
  • Tara 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
  • Reliant Energy – 6 Month Fixed Plan – 9.5
  • 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
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