Compare Pulse Power Plans, and Rates to Save

9 Things to Consider When Choosing a Provider

Committing to the right provider can save you a lot of hassle. After all, it’s easier to switch plans than it is to switch providers. But, before you sign your contract, you should make sure the electricity provider you’re committing to is truly the best for you. These nine tips will help you compare electric providers to get you the best deal possible.

1. Electric Providers in Your Area

The most important thing to know before you choose a provider is if they serve the area you live in. You can search available the plans and providers by your ZIP code on https://www.texaselectricityratings.com/electricity-rates.

2. Your Usage

Before you can compare plans and providers, you need to have a thorough understanding of your average usage. Especially if you’ll opt for a bill-credit plan. Bill-credit plans can save you money if you use a certain amount within a billing period. However, if your usage is above or below a certain threshold, you stand to lose a lot of money.

3. Fixed-Rates vs. Variable Rates

You can compare Texas electric providers by the kinds of rates they offer. Having a plan means signing up for a fixed-rate for a certain time period. On the other hand, if you don’t have a plan or your plan expired, the provider may put you on a variable rate plan. Usually, these are much more expensive than fixed-rate plans would be.

4. Electric Providers' Incentives

A lot of utility companies have special offers when you sign up. Whether it’s a gift card to a grocery store or a discount on the first 3 months of your contract depends on the provider. While these incentives are great, nothing beats a favorable plan with a good rate for long-term savings.

5. Which Electric Providers Charge High Fees

Understanding the fees a provider may charge you can help you compare which one is better for you. Most providers can charge for late payments, disconnection, reconnection, or insufficient funds. You may also need to pay a fee if you use a third-party check cashing store or bill payment center to pay. Make sure you read your EFL and Terms of Service to understand all the charges.

6. Deposits

Most electric providers require a deposit when you sign up. This amount usually ranges from $100 to $500. If you’re looking for a provider who doesn’t charge a deposit, only Payless Power and Hello Energy can help you in Texas. You can also search by city to directly find no-deposit plans available to you.

7. Which Electric Providers Offer Solar Buy-Back

If you have solar panels, you’ll want to find a provider that does solar buy-back. Though your options may be limited in Texas, there are a few that do this. Chariot Energy and Pulse Power are some of the top electric companies offering solar buyback. Energy Texas will also join their ranks soon.

8. Rate Stability

Rates change all the time. But, you can still find reliable rates with certain companies. When you’re looking at the best providers, make sure to check how their rate stability compares. Better rate stability means that the rate you’re signing up for is less likely to change, which is especially important if you’re looking to avoid unexpected price-hikes.

9. Customer Ratings of Electric Providers

Of course, reviews matter. You can see what other customers thought through testimonials. We also concluded our own survey, where we asked you to rate your providers. You can read the people choice, and find the best providers in each category. 

Compare All Texas Plans and Providers

Our entire website is dedicated to help you find the best electric providers in Texas. You can compare every aspect of these companies, read reviews from other customers, and buy a plan all in one place. 

Visit https://www.texaselectricityratings.com/ to find the best electricity deal for your home!

How to Get the Best Electricity Deal in Texas Right Now

There’s no sugarcoating it. The price of electricity is extremely high right now. The Texan heat drives a high demand. And natural gas prices are also up 108%. So, finding a good deal seems impossible right now. But, don't despair. It turns out if you’re wondering whether or not it’s the right time to shop for a better electricity rate right now, the answer depends on your current plan.

If You Have a Plan

Due to soaring prices, the chances of locking in a cheaper rate right now are slim. It’s best to keep your current contract until the end of your term.

Alternatively, you can also check back during the fall shoulder months to see if lower temperatures also lowered the prices. And if you find a better deal, make sure you keep your early termination fee in mind before you switch providers.

If Your Electricity Fixed Rate Plan Is About to Expire

Natural gas prices are expected to stay high for the rest of the year (and maybe until next Spring). So, you may struggle with high electric bills for a while if you wait for prices to drop.

Despite this high price period, you should still switch to a cheaper rate as soon as your term ends if your plan is about to expire. Settling for a variable rate plan can save you money but only for that first month. They usually cost you more in the long run because fixed rate plans don't vary.

If You Don’t Have a Fixed Rate Plan

If you don’t have a fixed rate electricity plan, you should definitely lock one in as soon as possible. Otherwise, you’ll probably see some painful bills coming your way in the next year. The problem is that some of the cheapest rates are for the longest terms. In the that case, you can always opt for a plan with a favorable early termination fee. That way you can switch when rates fall by paying the cancellation fee without too much pain.

The Best Electric Plans in Dallas Right Now

If you’re shopping for a better electric plan right now, 36 Inflation Fix by Energy Texas may be your best choice. The 15 cents per kWh rate at 1000 kWh monthly use includes all charges. With this average use, your estimated monthly bill would be $150. However, this plan also has a $500 early termination fee.

If you want a plan with a cheaper early termination fee, Pulse Power has two for you. Their Free Energy Nights 36 has an average rate of 15.5 cents per kWh. And Free Energy Weekends 36 offers a slightly higher rate of 15.6 cents per kWh. So, your estimated monthly electric bill would be $155 and $156 respectively.

Both plans offer a $0 energy charge in certain periods. For Free Nights, this is between 8 p.m. and 6 a.m. every day. And for Free Weekends, the free period lasts from 8 p.m. on Friday and 6 a.m. Monday. TDU charges still apply in the free period.

And the early termination fee is only $125 for both plans. This can give you great flexibility if you want to switch to a better rate once prices drop.

How to Shop for a Better Electricity Plan

The best way to shop for a better rate is to visit www.texaselectricityratings.com. 

You can compare the best rates, find the best plans for your household, and save money on your electric bill.