Will The New Tool Help You Choose?
Choosing an electric provider and plan can be a daunting task. Some websites just flash numbers at you without actually helping you choose. That isn’t the case here at Texas Electricity Ratings. In fact, we’ve rolled out the new Safe-Rate™ tool to help you understand how volatile your power bill could be. Is the plan you want on the nice list, or will it be an angry South Pole elf?
How Does the New Safe-Rate™ Tool Help?
Each plan has an advertised rate. The default in most cases is the average price per kilowatt-hour when you use 1,000 kWh in a billing cycle. Will you use exactly that much? There’s a snowball’s chance in the Bahamas that you will. So, this new tool, Safe-Rate™, shows on a scale of 1 to 10 how likely you are to get close to that average rate on a monthly basis.
This month, you can find plans in Corpus Christi from Chariot Energy, APG&E, Gexa Energy, Frontier Utilities, and Companion Energy for less than 10.0 cents per kWh. But do those plans line up with that rate? Frankly, no, they don’t. Their scores range from 2.0 to 3.0. But that doesn’t mean they’re bad plans. Just that they can get volatile when it comes to your monthly energy bill. Still, knowing that you could have low bills some months and high bills other months helps you understand how these plans work and how to compare them. When you expect a high bill, it isn’t so much of a lump of coal in your stocking. And the low months may make the high bills worth bearing.
So, Safe-Rate™ is a new tool in your search for a new power plan. This score shouldn’t be your only metric, but it can help you whittle down your shopping choices.
What Does a High Score Mean?
When you find a plan with a high score, you can expect a relatively stable monthly bill. A higher score means the advertised rate means the plan tends to live up to the hype. Like Santa gliding through the night sky, your bills will have shallow ups and downs throughout the year.
A Naughty or Nice Power Plan
We want you to make the best decisions possible. It keeps you coming back to https://www.texaselectricityratings.com/electricity-rates each time you need a home electricity plan. Check the advertised rate, monthly bill estimate, electricity facts label, terms of service, and the Safe-Rate™ score. With all that information, you’re bound to make the right call on your home’s energy plan.