Hico Electricity Rates, Plans & Suppliers

The cheapest Hico electricity rate is 11.6 ¢/kWh, 48% lower than the average rate of 22.2 ¢/kWh.

49% are choosing plans with a contract length of 24 months, with 12 month contracts being the second most popular choice at 12%.

The average electric bill in Hico is $130, with average electricity usage of 1100 per month.
cheapest Electricity rates and plans in  texas
Stable Rate
Price
17.6 ¢ kWh
Term
24 months
Avg. Bill
$161 per month
Bill Credit
Price
13.4 ¢ kWh
Term
24 months
Avg. Bill
N/A per month
Very Low Bill
Price
13.0 ¢ kWh
Term
12 months
Avg. Bill
$203 per month
Respected Provider
Price
20.8 ¢ kWh
Term
12 months
Avg. Bill
N/A per month
Rates as of Jun 23, 2024 at 08:31 PM

Compare Hico Electricity Rates

We've researched the best providers and plans so you can find a great electricity rate in Hico

Company Term Rate
4Change Energy 24/months 13.0¢/kWh
Express Energy 24/months 13.0¢/kWh
Frontier Utilities 12/months 13.0¢/kWh
Gexa Energy 12/months 13.0¢/kWh
Discount Power 24/months 13.4¢/kWh
Cirro Energy 24/months 13.4¢/kWh
Chariot Energy 36/months 14.2¢/kWh
Veteran Energy 24/months 14.9¢/kWh
Amigo Energy 24/months 16.0¢/kWh
Just Energy 24/months 16.0¢/kWh
Rates as of Jun 23, 2024 at 08:31 PM

Video - What is The Best Hico Electricity Rate (June 2024)

When do Electricity Rates Change in Hico Change?

As Hico moves into winter, you're going to see fixed rate electricity rates drop with the temperature. So if you're looking for cheap Hico electricity rates, fall to winter is the best time to to compare Texas electricity rates.

Best Electricity Companies in Hico

TexasElectricityRatings, rates the top electricity companies in Hico

Rank Provider Stars Award
#1 Champion Energy Services Champion Energy Services  Medal Provider
#2 Payless Power Payless Power  Medal Provider
#3 Constellation Constellation  Medal Provider
#4 Gexa Energy Gexa Energy  Medal Provider
#5 4Change Energy 4Change Energy  Medal Provider

5 Things to Know Before You Order Hico Electricity Service

  1. Know your usage. Ok you don't have to "know" but you should have an idea. Are you moving into an apartment/small house, a medium size home or condo, or a large home? Home size matters and relates to the average usage. Electricity rates are based on volume and are based on 500kWh, 1000kWh and 2000kWh use per month. In other words a small house or apartment customer will generally pay a higher rate than a high usage / large house customer.
  2. Know your credit score. Do you have great, average or poor credit? If you have average or poor credit you'll probably be asked to pay a deposit - generally $150-$300. You can also use a no-deposit plan that you pre-pay.
  3. Understand Utility Charges. TDSPs are the local electricity utility company in Hico. They own and maintain the poles and wires, read the meters and get your power back on when there's a storm or power loss. About 30-40% of your bill is made up of local utility fees.
  4. All rates displayed on our site include Utility Charges and Fees.
  5. Understand Your Electricity Facts Label (EFL) The EFL sets out the rates and charges based on usages of 500, 1000 and 2000kWh.

Compare Business Electricity Rates in Hico?

You have the power to choose your Commercial and Small Business Electricity Rates in Hico. The Texas Electricity Ratings commercial electricity marketplace is exclusively for business electricity customers looking to start commercial service or compare their existing commercial electricity rates.

Hico business electricity rates are some of the lowest in the US and are 20-30% less than residential rates. So, if you're starting a business in Hico or just want to compare commercial electricity rates and shop the market for a better rate, you could save thousands each year by shopping for a lower rate.

Commercial Electricity Rates in Hico

Rates as of Jun 23, 2024 at 08:31 PM

How to Switch Electricity Companies in Hico?

Switching Electricity companies is simple and seamless with no interruption in service.

  1. When is it Time To Switch Your Power Company: Check your electricity company contract's end date, if you're within 45 days you may forward switch, or within 14 days you can switch without penalty. Your retail electric provider is required to notify you at least 30 days before a contract expires.
  2. Compare electricity rates Hico:If you can find a cheap new rate is dramatically lower it may be worthwhile to switch early and pay the ETF. Lets say youre on a 17 cent rate and youve found a great 11 cent rate. At 2000kWh per month at 17 cents is $340 and 2000kWh at 11 cents is $220. You could save $120 in the first month - so the $60 ETF is worth taking a hit on.
  3. Switch Electricity Company: Once you find a great Hico electricity rate and want to lock it in, you can schedule a forward switch up to 45 days in advance. Ensure you get proof of switch order and date, (you should get an email) and retain any emails for your records.

Are You Moving to Hico?

Texas has a deregulated electricity market. That means Hico Electricity Companies compete for your business. Just like cellphone, Internet, Insurance and credit card companies that compete for your business. And just like those businesses there are plenty of ways that Texas electricity companies can take advantage of you, so we've made it easy. We've rated, ranked, and recommend Hico's best electricity companies and electricity plans that will make your move easy.

Getting your power turned on in Hico is easy. If your home has a smart meter, we can get your power turned on in 4-6 hours. Just enter your zip code to get started.

Electricity Plans for Hico

  • Fixed Rate Plans: Offer a fixed rate per kWh (monthly bill may vary based on usage) for the length of the contract, typically 12 to 36 months.
  • Green Energy Plans: Source power from renewable sources such as wind, and solar.
  • No Deposit Plans: Electric companies in Hico offering no deposit sometimes called prepaid electricity plans; allow customers to pay for their electricity in advance. With a no deposit electricity plan, customers can avoid credit checks, deposits, and avoid disconnection for non-payment.
  • Variable Rate Plans: Usually considered as the opposite of fixed rate plans, with these plans the price per kWh will vary month to month.
  • Time of Use Plans: Vary the rate per kWh based on the time of day and/or the season. Customers are often charged a higher rate during the day and a lower rate in the evening. Additionally there
  • Solar Buy Back Plans: This allows Hico homeowners with solar panels earn extra money by selling their surplus electricity to their electricity provider. Often this is in the form of bill credits for electricity that would otherwise go to waste. Electricity companies offering these plans include: Chariot Energy, Rhythm Energy, and Energy Texas.

Hico Electricity Outage and Utility Information

If you have a power outage, or any issue with your home's electrical delivery, you should contact your local electric utility for assistance

Centerpoint Energy: 713-207-2222

Oncor Energy: 888-313-4747

AEP Central/AEP North: 866-223-8508

TNMP: 888-866-7456

Contact the Texas Public Utilities Commission with any other concerns:

PUC Customer Protection, P.O. Austin, TX 787111-3326.

Call 1-888-782-8477

Email the PUCT at customer@puc.texas.gov

Find rates for your zip code in Hico

FAQ: Hico Rates, Plans and Providers

Frontier Utilities offers these plans in Hico

The following rates are available from Frontier Utilities

Frontier Saver Plus 1213.00 cents per kWh
Frontier Saver Plus 2413.00 cents per kWh
Frontier Budget Saver 2417.80 cents per kWh
Frontier Budget Saver 1218.30 cents per kWh
Frontier Saver Value Plus 1218.40 cents per kWh
Light Saver 1219.10 cents per kWh
Frontier Saver Value 1222.30 cents per kWh
Frontier Saver Premier 1222.90 cents per kWh
Frontier Saver Premier 2422.90 cents per kWh
Frontier Saver Deluxe 1223.00 cents per kWh

What Hico Champion Energy Services electricity plans are available?

The following rates are available from Champion Energy Services

Champ Silver-2417.30 cents per kWh
Champ Saver-2417.40 cents per kWh
Free Weekends-2417.60 cents per kWh
Champ Saver-1219.40 cents per kWh

What is a cheap TXU Energy electricity rate in Hico?

Clear Deal 12 is the cheapest rate from TXU Energy. It is a 12 month plan with a rate of 17.500 cents per kWh.

You can order the Clear Deal 12 plan here on TexasElectricityRatings without hassling with the state-run powertochoose.org website

Is it true that Reliant has a low price in Hico?

Reliant Power Savings 24 plan is the cheapest rate from Reliant. It is a 24 month plan with a rate of 16.500 cents per kWh.

We recommend you compare electricity rates in Hico and see if this plan is right for you.