What is Houston’s Cheapest 24 Month Electric Plan?
For many Texans, inflation is out of control. So it’s natural to want something constant in your life. Houston’s cheapest 24 month electric plan can lock in savings for the next two years. But the cheapest plan for you might not be the cheapest one for your CenterPoint neighbor. With all the different pricing structures available, it is important to know your typical usage. After that, you can discern whether bill credits, tiered rates, free nights, free weekends, or other plans are right for you.
Bill Credit and Cheapest 24 Month Plans
When you peruse all the helpful information here at Texas Electricity Ratings, the average bill estimate pops off the screen. The plans with the lowest bills are bill credit plans from APG&E and Chariot Energy. Their average bills are $120 and $121, respectively. But to get those low bills, you must use 1,000 kWh in a billing cycle. Only then do you earn a $125 bill credit. Therefore, you can get a whopper of a bill if you use less than 1,000 kWh.
But if you know how much you normally use, you can predict whether you’re likely to get the hammer from a spring or fall bill. So, leave the hammering to Jim Adler, not your power bill.
Top Safe-Rate™ Scores
Plans without bill credits don’t look so good on their faces; however, they might be the right choice. Two plans with 10 out of 10 Safe-Rate™ scores come from Constellation. And their estimated average bills clock in at $137 and $139. They’re not simple fixed rate plans, but they still give you the predictability you expect from a high Safe-Rate™ score plan. Your bill rises and falls in proportion to how much power you consume. And that’s something you definitely don’t have with bill credit plans. But how big can that difference be?
Comparing Texas Power Plans
Let’s take the cheapest 24 month electric plans from both sets and compare them at 999 kWh. At this usage, the Constellation plan’s bill weighs in at $137 while the APG&E plan comes in at $205. That’s a $68 savings!
But when you roll over to that next kWh, the scenario flips. All of a sudden, the APG&E bill falls to $80. That bill credit makes this plan’s bill better by $57. So, the lesson is to do your homework because your usage is the primary driver in your bill.
And there’s no better place to proverbially crack open the books than http://www.texaselectricityratings.com/electric-rates. You can shop plans and use the information available to pick the best one for your home.