Compare TriEagle Energy Plans, and Rates to Save

Shop Cheaper Electricity This Winter

With the global energy crisis driving costs up, finding a good deal on Texas electricity has never been more crucial. As we prepare to heat our homes this winter, we’ll need to take a look at the cheapest plans on the market. But, with so many different rates and plan types, it’s difficult to know if a fixed-rate or bill credit plans save you more money right now.

The Best Bill Credit Plans Right Now

Bill credit plans usually have a higher rate per kWh than fixed-rate plans. However, this higher price will be offset by credit when you hit the provider's threshold. That's why it's important to know your average monthly usage because if you don't make that threshold, you'll lose the discount. These generally make the rates look nice when they're right at 1,000 kWh...

Savvy Value 36 by TriEagle Energy works best for high usage. If you use less than 2,000 kWh per month, then just keep shopping. This plan offers a 18.7 cents per kWh energy charge at 1,000 kWh average usage. However, you’ll get a bill credit of $30 at 2,000 kWh, which brings the energy charge down to 16.9 cents per kWh. There's also a $4.95 monthly charge. So, your bill estimate at 1000 kWh usage would be about $191.95. However, at 2,000 kWh, it would be roughly $343.12. Remember that this plan's contract lasts 36 months. If you cancel before that, you’ll need to pay $20 for each remaining month.

If you’d like a shorter-term plan, the Frontier Super Value 24 offers a 12.8 cents per kWh rate at 1000 kWh, thanks to the $100 bill credit you receive when you use between 1,000 and 2,000 kWh per month. However, if you use less than 1,000, your rate is 23.2 cents per kWh. That means if you only use 500 kWh, your bill would be $116. But, at 1,000 kWh usage, it would be $175. Again, know your monthly usage. Lastly, the early termination fee (ETF) of this plan is $200.

How Do the Cheapest Fixed-Rate Plans Compare?

The cheapest fixed rate plan right now is the Energy Texas 36 Inflation Fix, with only 15.2 cents per kWh. This means that at 1000 kWh usage, your bill would be $141 on average. However, the ETF for this plan is $500.

If you’d rather opt for a fixed-rate plan over the best bill credit plans, the Champion Energy Champ Saver 24 may be the better option. While their bill estimate is $146 with the same usage, the ETF is only $250.

Keep Your ETF In Mind

While all of these plans have a fixed term of 36 or 24 months, you don’t have to stick with it for the entire term. When prices drop (perhaps as soon as the 2023 Spring shoulder months), you can switch electricity providers to get a better rate. But, you’ll most likely need to pay an ETF. And the lower the ETF of the plan you choose now is, the more you could save in the long run.

Currently, the Frontier Super Value 24 and the Champion Energy Champ Saver 24 have the best early termination fees, with only $200 and $250, respectively.

Are Bill Credit Plans Cheaper Now?

The value of any bill credit plan you get depends on your usage. If you don’t use much electricity and prefer to save energy, a fixed-rate plan is much better for you. But, if you know you’re going to use over 1,000 kWh every single month, then opting for a bill credit plan with the right threshold may be better for your budget.

Right now, even the best bill credit plans aren’t as cheap as fixed-rate plans. Your best option is to find a good fixed-rate plan with a favorable early termination agreement. Then, reevaluate your energy expenses in Spring.

Shop All Plans in Texas

Visit https://www.texaselectricityratings.com/ to compare electricity rates, find the cheapest one, and shop the best plan for your home.

Are Shoulder Month Electricity Price Actually Cheaper This Month?

Usually, the best time to shop for electricity plans is around this time of year. We’ve left the winter cold behind but are not quite battling oppressive summer heat with AC cooling. So these Spring shoulder months typically can mean lower electric rates. But, with electricity rates on the constant rise, an April shoulder month price update can put your worries to rest. Find out what the best provider to choose is this month, and compare them to historic rates to find out if they’re cheaper than winter rates.

How Do February Rates Compare with Shoulder Month Prices?

The average 12-month fixed-rate in Texas in February was 14.3 cents per kWh. Seeing as it was still cold with plenty of heater usage, this rate isn’t surprising. An estimated monthly usage bill for 1000 kWh would come out to around $143.00.

By comparison, the cheapest 12-month fixed-rate plan in Texas right now is Eagle 12 by TriEagle Energy. This plan has an energy charge of 12.2 cents per kWh, which includes TDU charges, but doesn’t include the $4.95 base charge. 

If your usage is 1000 kWh a month, your estimated monthly bill should come to $127.00.

Are Bill Credit Plans Cheaper in Shoulder Months?

Eagle 12 isn’t the only cheap electric plan in Dallas right now. TriEagle’s SureValue 12 has an average rate of 11.4 cents per kWh, thanks to the $30 bill credit you receive once you hit 1000 kWh usage per month.

If your household uses around 1000 kWh every month, this plan may be a cheaper option. However, if you use less than that, you don’t unlock any savings, and your energy charge is actually a lot higher.

SureValue 12 has an energy charge of 13.4 cents per kWh, which is a lot higher than Eagle 12’s 12.2 cents.

Are Shoulder Month Prices Really Cheaper Now?

Compared to February’s average 12-month fixed rate of 14.3 cents per kWh, TriEagle’s Eagle 12 plan is a lot cheaper. At 12.7 cents, you’re saving 1.6 cents on each kWh you use.

With 1000 kWh usage per month, the estimated monthly bill now would be $16 less now than in February.

Should You Buy a Fixed-Rate Plan Now?

Now may be the optimal time to buy a new electric plan in Dallas. The rates are cheaper than they were two months ago. And with international natural gas price hikes, rates may rise in the near future.

If you’re currently on a variable rate plan, you should definitely consider switching to a fixed-rate contract. Fixed-rate plans are generally better deals than going month-to-month. 

If you already have a contract in place, and you want to switch providers, make sure you read your contract’s termination agreement. You may be liable to pay an early termination fee if you change providers before your term is up. Always weigh the benefits of the savings and the early termination fee to determine what the best deal for your household is.

Choose the Best Electric Plan For Your Household

Shopping for providers this month may be better for your wallet than later. If you compare the best available plans, your power to choose can save you money on your electric bill.
Visit www.texaselectricityratings.com/ to help you shop for Dallas electric providers. Compare the prices, find the best deal, and enjoy paying less for your electric bills.