The overall score for ENGIE is 1.63. Their best category was Market Perception where they earned a score of 2.47, while their worst rating came in at 1.00 in Communications. More detailed information on these ratings is available on our ENGIE Rating Detail page.
Market Perception
2.47
ENGIE Frequently Asked Questions
Texas electricity deregulation, and Retail Electricity Providers can be complicated.
To answer your frequently asked questions about ENGIE read on.
Electricity rates come down in the spring. Find out who has the best cheap commercial electricity right now for your Houston company.
When you run a business, any expense you minimize increases your bottom line. So it makes sense to pay as little as possible for power. Unlike many home electric plans, commercial plans are straight-forward. You don’t have to figure out whether bill credits, tiered rates, or free nights work with your usage. With CenterPoint Energy managing delivery for everyone, that should make finding cheap commercial electricity simple, right? But the trick is knowing just how much power your business actually uses. That way, you know what to expect on your monthly bill. So, let's check out usage affects your choice of cheap commercial electricity providers in Houston.
Cheap Commercial Electricity Plans
Power provider rates are super competitive right now. Price differences are mere fractions of a penny among plans. Providers are competing hard to serve your business’s power needs. With the average Texas business usage at 7,935 kWh per month, it is easy to see why.
To begin with, a 48-month plan from Engie has the lowest rate right now at 7.607 cents per kWh. Minus the TDU costs and taxes, an average monthly supply part fo the bill comes to about $604.00. Imagine locking in that energy price for four years! Given how inflation has risen over the past year, holding a firm price could be a big advantage for your business. While your competitors see their utility expenses rise, yours could remain flat with this plan.
If you don’t want to lock in for four years, Engie has a 36-month plan with a rate of 7.622 cents or about $605 for your energy supply charge. That’s still a good while to have consistent energy pricing.
Meanwhile, Cirro Energy also has a 36-month plan that falls right between these two plans in price. Their plan’s rate is 7.611 cents; or about $604.00.
Competing Power Providers
The power market can change over time. If you've been paying sky high prices since August or September, it's time to shop for a better rate! Make sure you have the best information to choose the right plan for your business. Shop for business electric service at Texas Electricity Ratings. Here you’ll find the lowest rates from an array of providers. When they compete, your business wins.
Spring time is crucial for shopping commercial electricity plans. The spring shoulder month prices don't last long. Should you wait or shop now? Learn how to find best deal now!
Commercial electricity rates fluctuate a lot in Dallas. So, it’s important that you never miss a good deal to save your business money. But are electricity rates in Texas good right now? Or is it better to wait? Let's compare the commercial electricity deal in Dallas to find the best for your business.
The Best Commercial Electricity Provider
Right now, you can get the best commercial electricity deal in Dallas with ENGIE. Their 60-month plan offers a favorable rate of 6.828 cents per kWh. Assuming the EIA average commercial usage of 7,935 kWh, that would mean a monthly electricity supply bill of $542 for your business.
But 60 months is a long commitment. Luckily, ENGIE’s shorter-term commercial offers are still really good. If you sign up for 48 months, you can lock in a rate of 6.846 cents per kWh, which comes to only $543 per month. And if you don’t want to commit for more than a year, ENGIE’s 12-month commercial electricity plan offers a similar monthly supply-bill estimate of $545 per month with its 6.868 cents per kWh rate.
Other Great Commercial Electricity Deals
ENGIE isn’t the only good commercial electricity provider in Dallas. Iron Horse’s 24-month plan is a worthy contender with its 6.906 cents per kWh rate. Signing up for this plan would mean a monthly supply-bill of $548 at the EIA average commercial usage of 7,935 kWh.
Similarly, Cirro Energy’s 48-month plan offers a 6.973 cents per kWh rate, which would be only slightly higher at $553 per month for supply.
Commit Now or Wait?
Is the 6.828 cents per kWh rate worth locking in for five years? Or should you opt for a shorter term to switch to a better rate?
Of course, we can’t tell you what the energy market is going to look like in a year, let alone five. But we can tell you that historically, national energy prices have been consistently on the rise. The good news is that the spring shoulder months are the best time in the year to lock in a good rate. So, comparing commercial electricity rates this March and April will likely bring you the best savings for your business.
But, if you don’t currently have an electricity plan for your business, waiting for a month or two on a variable rate plan may not be worth the savings overall. In this case, it may be best to sign up for one of ENGIE’s plans now.
Where to Compare Commercial Electricity Rates
The only way to nab a great deal on electricity for your business is to regularly compare the rates and plans head to head. And there's only one place to do that. Visit https://www.texaselectricityratings.com to see the latest deals. You can browse the current rates and sign up for the best plan for your business easily.
© 2023 Texas Electricity Ratings — Rates as of
