Who Has the Cheapest Bill Credit Plan in Irving?
Bill credit electricity in Texas gives you the opportunity to earn back some of what you spend on electricity if you reach a certain usage threshold. But not all bill credit plans are equal. And with Texas electric rates on the rise, you need to lock in the lowest rate while you can. Shop these cheap bill credit electric plans in Irving now!
Comparing Cheap Bill Credit Electric in Irving
Maxx Saver 12 from 4Change Energy has a low energy charge of 12.45 cents per kWh and no base charge. Once you use 1000 kWh of electricity, you’ll receive a bill credit for $90. After you factor this in with the standard TDU charges, the bill credit cuts the average rate for 1000 kWh to a cheap 7.9 cents per kWh.
The worst estimated electric rates for this plan would be in April because your usage falls below 1000 kWh. So, the price jumps to 17 cents per kWh for 857 kWh of use. That’s an estimated bill of $146. Alternatively, the best month for low electricity rates would be in August at 11.8 cents per kWh. For 1,812 kWh of use, that gives you an estimated bill of $214.
Best Value 12 from Frontier Utilities has an energy charge of 10.9 cents per kWh. If you use between 1000 kWh and 1500 kWh, you’ll receive the $75 bill credit. Once you add the bill credit and TDU charges, the average rate for 1000 kWh of electricity use is also 7.9 cents per kWh.
But note how keeping your usage within the 1000 kWh to 1500 kWh range is key. April is also not the best month on this plan. The average estimated electric rate is 15.5 cents per kWh for 857 kWh of use. That’s an estimated bill of $132. And the cheapest estimated rates would also be in August at a slightly lower 15.2 cents per kWh for 1,812 kWh of use (an estimated bill of $276).
Which Bill Credit Electric Plan Is the Cheapest?
Gexa Saver Deluxe 12 from Gexa Energy has a steeper energy charge at 13 cents per kWh. However, the plan offers a $100 bill credit for 1000 – 2000 kWh of use. The average rate for electricity once you factor in the bill credit, the TDU charges, and the electric rate comes to 7.5 cents per kWh for 1000 kWh of use.
Likewise, April has the worst estimated rates at 17.6 cents per kWh for 857 kWh of use. That’s an estimated bill of $150. However, the best estimated month for low electricity rates is in August. The average rate is around 11.8 cents per kWh for 1,812 kWh of use. In short, that’s an estimated bill of $214.
It’s a close one between Maxx Saver 12 and Gexa Saver Deluxe 12. However, Maxx Saver 12 offers slightly lower rates and a lower overall estimated monthly bill ($123 vs $133). Plus, you won’t have to worry about using too much electricity and missing out on their cheap bill credit.
What to Do When Your Electricity Contract Ends
Whatever you do, don’t let your contract end without choosing a new plan or extending your contract. Otherwise, your provider places you onto a default renewal product. These are variable rate plans with very expensive electricity rates. But don’t worry. As an Oncor customer, you are free to shop and compare electricity plans to get the best electric plan for your family.
Compare Cheap Tiered Electricity Plans in Irving
We make it easy for you to compare new electricity plans in Irving. Shop https://www.texaselectricityratings.com and get the latest news, tips, and tools to help you sort through all the plans out there. Quickly find the best electricity plan for your home and start saving on your monthly electricity bills today!